Blackstone Minerals Encounters 375m Nickel Hit at Ban Phuc

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THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) reported results from the final infill drill program at the Ban Phuc DSS deposit at the company’s Ta Khoa nickel–copper-PGE project in Northern Vietnam.

Blackstone Minerals declared the drilling had achieved some of the best broad DSS intersections to date at Ban Phuc, including a 375 metres nickel sulphide intersection to further demonstrate the large bulk tonnage potential of the Ban Phuc disseminated (DSS) deposit.

Latest results from Ban Phuc included:

BP20-55
374.7 metres at 0.3 per cent nickel, 0.01 per cent copper, 0.01 per cent cobalt and 0.07g/t PGE from 2m, including 49m at 0.45 per cent nickel, 0.04 per cent copper, 0.01 per cent cobalt and 0.17g/t PGE from 2m;

BP20-57
211.38m at 0.43 per cent nickel, 0.03 per cent copper, 0.01 per cent cobalt and 0.13g/t PGE from 111.62m, including 52.24m at 0.74 per cent nickel, 0.11 per cent copper, 0.01 per cent cobalt and 0.31g/t PGE1 from 241m;

BP21-17
156.25m at 0.5 per cent nickel, 0.07 per cent copper, 0.01 per cent cobalt and 0.15g/t PGE from 79.75m, including 31.05m at 0.75 per cent nickel, 0.14 per cent copper, 0.01 per cent cobalt and 0.26g/t PGE from 83.75m;

BP21-31
169m at 0.43 per cent nickel, 0.04 per cent copper, 0.01 per cent cobalt and 0.15g/t PGE from 62m, including 10.3m at 1.13 per cent nickel, 0.18 per cent copper, 0.02 per cent cobalt and 0.48g/t PGE from 98m; and

BP21-35
52m at 0.79 per cent nickel, 0.1 per cent copper, 0.01 per cent cobalt and 0.26g/t PGE from 22m, including 30m at 1.1 per cent nickel, 0.14 per cent copper, 0.02 per cent cobalt and 0.41g/t PGE from 40m;

The Ban Phuc DSS deposit is anticipated to underpin the Upstream Business Unit (UBU) PFS due later this calendar year.

Completion of the final infill drilling program is aimed at increasing the confidence of the existing JORC resource of:

Indicated Mineral Resource of 44.3 million tonnes at 0.52 per cent nickel for 229,000 tonnes nickel; and
Inferred Mineral Resource of 14.3 million tonnes at 0.35 per cent nickel for 50,000 tonnes nickel.

“The high tenor of results from the final infill drilling program increases the confidence of the resource at Ban Phuc, and the mine plan that will underpin Blackstone’s UBU PFS,” Blackstone Minerals managing director Scott Williamson said in the company’s ASX announcement.

“In the relatively short amount of time since acquiring the Ta Khoa nickel-copper-PGE project, Blackstone has been able to define a large, disseminated sulphide deposit which considerably adds to the security of supply for the company’s vertically integrated downstream refinery.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@blackstoneminerals.com.au

 

Web: www.blackstoneminerals.com.au

 

Genesis Minerals’ Drilling Results Continue to Confirm, Upgrade and Extend Key Ulysses Deposits

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THE DRILL SERGEANT: Genesis Minerals (ASX: GMD) reported the latest results to be received from ongoing drilling aimed at growing and upgrading the resource base at the company’s 100 per cent-owned 1.6 million ounces Ulysses gold project in Western Australia.

Genesis Minerals has been conducting RC drilling in the Admiral-Clark-Butterfly mine area targeting extensions to known deposits and to upgrade parts of the Inferred Resources to the higher-confidence Indicated category.

The recent drilling consisted of 43 shallow RC holes in the Admiral-Clark-Butterfly Mine area to extend mineralisation adjacent to known resources.

Drilling achieved shallow gold results, including:

Admiral

21USRC945
23 metres at 1.17 grams per tonne gold from 30m;

Clark

21USRC957
8m at 4.54g/t gold from 91m;

21USRC963
10m at 7.35g/t gold from 27m, including 1m at 66.1g/t gold from 27m;

21USRC961
5m at 1.67g/t gold from 0m; and
7m at 1.86g/t gold from 38m;

Butterfly North

21USRC927
3m at 1.1g/t gold from 8m; and
8m at 1.14g/t gold from 24m.

21USRC931
5m at 2.75g/t gold from 30m;

21USRC935
5m at 4.36g/t gold from 35m;

King

21USRC947
5m at 1.56g/t gold from 34m; and
41m at 1.4g/t gold from 48m.

Other drilling in the Orient well area targeted the margin of the shallow Inferred Resource and to provide an initial test of the area between the Orient Well Resource and the Orient Well East Resource.

The results from this drilling also demonstrated continued potential to substantially expand the Mineral Resource base at Ulysses and identify new mineralised positions.

“Our systematic drilling program is continuing to deliver a large volume of really positive results,” Genesis Minerals managing director Michael Fowler said in the company’s ASX announcement.

“Recent shallow drilling has focused in the Admiral-Clark-Butterfly mine area to upgrade part of the Inferred Resources, and has been successful in delivering results in line with expectations.

“We have also seen potential new mineralised positions emerge with the significant results at Admiral West and northeast of Orient Well.

“At Admiral West, we have seen high-grade Ulysses-style mineralisation that could represent the start of a new zone that requires follow-up.

“At Orient Well, hole 21USRC906 returned a very encouraging shallow result from very wide-spaced drilling.

“This is an area which also requires a lot more drilling.

“We have just completed a major 8,300 metres RC and diamond program at Puzzle and Puzzle North to follow up the exciting new results reported in recent months, and we are really looking forward to seeing what this area – and recent drilling at Admiral Deeps – can deliver.”

 

 

 

Email: info@genesisminerals.com.au

 

Web: www.genesisminerals.com.au

 

Azure Minerals Continues Nickel-Copper Run at Andover

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THE DRILL SERGEANT: Azure Minerals (ASX: AZS) is reportedly enjoying its current drilling program underway at the company’s Andover project in Western Australia.

Azure Minerals informed the market that the current resource definition drilling program on the VC-07 East nickel-copper sulphide deposit at Andover has continued to intersect substantial visible nickel and copper sulphide mineralisation, including numerous intervals of massive and semi-massive sulphides.

Recent drilling has included 22 new drill holes, achieving intersections of multiple intervals of massive, semi-massive, matrix and heavily disseminated nickel-copper sulphides at VC-07 East.

Intersections include:

ANDD0055
46.2m of nickel-copper sulphides from 528.0m;

ANDD0067
21.8m of nickel-copper sulphides from 404.6m;

ANDD0068
37.6m of nickel-copper sulphides from 313.2m;

ANDD0069
18.7m of nickel-copper sulphides from 360.0m;

ANDD0073
20.1m of nickel-copper sulphides from 298.5m; and

ANDD0076
14.8m of nickel-copper sulphides from 247.6m.

The company claimed pXRF scans of drill core confirmed high grades of nickel and copper in the massive sulphide intersections.

“We’re excited with the ongoing success of our resource definition drilling program which continues to significantly increase the size and scale of VC-07 East, with most holes into and around this deposit intersecting substantial nickel and copper sulphide mineralisation,” Azure Minerals managing director Tony Rovira said in the company’s ASX announcement.

“Importantly, recent drilling has returned multiple good-looking nickel-copper sulphide intersections in the upper part of the deposit, bringing the nickel-copper sulphide mineralisation to within 50 metres of surface.

“In addition to this near surface mineralisation, drilling continues to expand the deposit down-dip and along strike to the west, with the mineralised system remaining open in these directions.

“The company is also undertaking infill drilling of the deposit to close up the hole spacing and ensure that, when the drill-out is completed, we can deliver a robust maiden mineral resource for Andover’s first nickel-copper sulphide deposit.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@azureminerals.com.au

 

Web: www.azureminerals.com.au

 

Coda Minerals Confirms Bornite Zone at Emmie Bluff Deeps

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THE DRILL SERGEANT: Coda Minerals (ASX: COD), along with Joint Venture partner Torrens Mining (ASX: TRN), reported assays from holes drilled as wedge holes from previously reported drill hole DD21EB0018.

DD21EB0018 was the first hole in the company’s deep IOCG drill program to test the Emmie Bluff Deeps IOCG target, which forms part of Coda’s broader Elizabeth Creek project in the Olympic Copper Province in South Australia.

Assay results from the two wedge holes drilled from DD21EB0018 have confirmed IOCG-style copper-gold mineralisation at Emmie Bluff Deeps:

Wedge 1:

17.1m at 1.2 per cent copper, 0.3 grams per tonne gold, 1.3g/t silver from 824m;

Wedge 2 Upper:

24m at 2.2 per cent copper, 0.3g/t gold, 8.9g/t silver from 815m, including 3m at 4.2 per cent copper, 0.3g/t gold, 10.5g/t silver from 830m; and

Wedge 2 Lower:

12.9m at 3.5 per cent copper, 0.6g/t gold, 25.4g/t silver from 902m, including 3.2m at 4.9 per cent copper, 1.3g/t gold, 41.8g/t silver from 905m, and 2.9m at 4.8 per cent copper, 0.3g/t gold, 33.8g/t silver from 911m.

“These exceptional results further refine and de-risk our exploration program,” Coda Minerals CEO Chris Stevens said in the company’s ASX announcement.

“Building on the previously released assays from our first diamond hole, they give us further encouragement that we are closing-in on a large-scale IOCG deposit at Emmie Bluff Deeps.

“Wedge 2, in particular, is significantly more intensely mineralised than the parent hole, validating our exploration model.

“These are also the best-ever assays received from the Emmie Bluff IOCG prospect over many years of drilling by previous explorers.

“Our geological hypothesis is that these wedge holes have intersected more of the ‘apron’ of relatively flat-lying mineralisation that we believe surrounds a sub-vertical mineralising structure located close to DD21EB0018.

“These new assays demonstrate directionality through increasing copper grade and together with recent drilling data, assist in vectoring us toward a main mineralising structure.

“Our job now is to follow that vector with the drill rig and, in conjunction with ongoing geophysical work, to narrow down our target envelope.

“Our goal is to locate what we believe is a large, brecciated structure hosting high grade copper-gold mineralisation across a substantial vertical thickness.

“From that perspective, we are particularly excited by the lower bornite-rich zone encountered in Wedge 2.

“Around 90 vertical metres separates the top of the upper zone and the base of the lower zone in this hole.

“That width provides a strong indication that any mineralising structure that we encounter in the area will be at least that vertically extensive.

“Multiple drilling rigs are operating at Emmie Bluff Deeps, with two new surface drill-holes in progress and already well advanced, we anticipate further news flow over the next two to three weeks.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@codaminerals.com

 

Web: www.codaminerals.com

 

Eagle Mountain Identifies New Styles of Alteration and Mineralisation at Oracle Ridge

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THE DRILL SERGEANT: Eagle Mountain Mining (ASX: EM2) claimed discovery of two separate prospective alteration systems have been discovered at Golden Eagle, part of the company’s Oracle Ridge project in Arizona, USA.

Eagle Mountain Mining explained the two systems are both vastly different to the copper skarn mineralisation at the Oracle Ridge mine two kilometres to the west.

One alteration system includes silica flooding, quartz stockwork veining and pyritization along a major fault system; measuring 1 kilometre by 0.3 kilometres and remains open in three directions.

Gold samples up to 10.45 grams per tonne gold are part of the second alteration system that sits along a 1.5-kilometre-long magnetic high anomaly.

“These two new systems have the potential to dramatically alter the scope of any future mining operation, along with the addition of further copper skarn mineralisation at OREX,” Eagle Mountain Mining CEO Tim Mason said in the company’s ASX announcement.

“We are all very excited by the recent results at Golden Eagle and initial drilling has already commenced on these two systems.

“Resource extension drilling at the Oracle Ridge mine to enlarge and improve the current JORC resource continues and remains a priority focus for us.

“Recent mapping and sampling…has identified extensive alteration zones, which combined with structural complexity and several high-grade gold samples demonstrate the potential of the Golden Eagle project.

“These are all favourable ingredients for a potential mineralised system at depth.

“This area has had a history of small-scale historical mining, predominantly gold but also some copper.

“Golden Eagle showed great potential, so we wasted no time: additional claims have been staked to secure our land position over prospective areas and a rig has been drilling on our patented claims since July.”

 

 

 

Email: info@eaglemountain.com.au

 

Web: www.eaglemountain.com.au

 

Kalamazoo Resources Progressing WA Lithium Projects

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THE DRILL SERGEANT: Kalamazoo Resources (ASX: KZR) reported on recent lithium exploration progress at the company’s DOM’s Hill and Marble Bar projects in the East Pilbara region of Wetsern Australia.

Kalamazoo Resources has identified priority target areas for potential lithium-caesium-tantalum (LCT) pegmatite mineralisation via portable XRF (pXRF) analyses of historical broad-spaced geochemical soil samples.

These were collected within E45/5146, which is the first of seven tenements that make up the 122 square kilometres DOM’s Hill project.

Kalamazoo indicated these new priority target areas will be subject to upcoming in-fill soil sampling and field validation campaigns.

This will be complemented by newly acquired project-wide high-resolution satellite imagery that has further identified sparsely outcropping pegmatites.

A project wide geochemical soil sampling program (~4,600 samples) is scheduled to commence mid-October 2021.

A technical review undertaken of Kalamazoo’s Marble Bar tenements (E45/4700 and application E45/5970), located 20kms to the south-east of Marble Bar in the East Pilbara of WA has also revealed lithium exploration potential.

Kalamazoo’s Marble Bar tenements are located immediately to the south of Global Lithiums’ (ASX: GL1) 10.5 million tonnes at 1 per cent lithium Archer deposit on the prospective margin of the Moolyella tin and tantalum alluvial field and contains known mapped pegmatites and lithium occurrences.

“Our exploration team has done a terrific job in such a short period of time to advance the lithium exploration potential in the Pilbara, not just at DOM’s Hill but at our nearby Marble Bar project,” Kalamazoo Resources director Paul Adams said in the company’s ASX announcement.

“Our previous exploration on these projects has been primarily focused on gold.

“To now be presented with the opportunity to investigate the project’s exciting lithium potential in one of the world’s major lithium provinces is a fantastic free kick for us.

“These project areas will now be subject by Kalamazoo to an immediate, systematic and well-funded exploration program, to which we look forward to keeping the market informed as we progress.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@kzr.com.au

 

Web: www.kzr.com.au

 

Saturn Metals Encounters Strong Gold Hits at Apollo Hill

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THE DRILL SERGEANT: Saturn Metals (ASX: STN) reported further results from ongoing reverse circulation (RC) drilling at the Apollo Hill deposit within the company’s 100 per cent-owned Apollo Hill gold project, east of Leonora in the Western Australian Goldfields.

The current drilling is part of the company’s strategy to grow the Apollo Hill Mineral Resource, which was upgraded to 944,000 ounces in January 2021 with another resource upgrade planned for later in 2021.

The upcoming upgrade will use results from the next 10,000m of drilling planned across the Apollo tenements and approx. 40,000m Saturn Metals already completed between January and July.

Latest results stem from drilling on the Ra-Tefnut extensional corridor, returning thick and shallow reverse circulation (RC) intersections including:

AHRC0768
10 metres at 2.34 grams per tonne gold from 136m, including 5m at 4.42g/t gold from 140m;

AHRC0789
22m at 1g/t gold from 154m;

AHRC0782
14m at 1.49g/t gold from 104m, including 6m at 3.01g/t gold from 112m;

AHRC0786
18m at 1.16 g/t gold from 37m and 10m at 0.96g/t gold from 58m; and

AHRC0758
4m at 11.59g/t gold from 112m.

Drilling on this new zone, since the last resource upgrade in January, has outlined a 1km long, 200m wide mineralised corridor with coherent zones of mineralisation and multiple strong intersections.

At the Ra North corridor, extensional RC results returned in the footwall position to Apollo Hill Main Lode include:

AHRC080
7m at 1.49g/t gold from 29m, 6m at 1.63g/t gold from 47m, and 12m at 1.37g/t gold from 183m.

At the northern end of the Apollo Hill Main Lode, RC drilling returned a shallow thick and higher-grade intersection of:

AHRC0769
21m at 1.81g/t gold from 44m, including 7m at 2.87g/t gold from 44m.

“The expanding width of the mineral system on the Southern Apollo Hill Corridor bodes well for mineralisation growth opportunities. Intersections at the Ra North Zone are highlighting the growing exploration opportunity parallel and immediately adjacent to the Apollo Hill Main Lode,” Saturn Metals managing director Ian Bamborough said in the company’s ASX announcement.

“Results will be incorporated into our next resource upgrade process planned for late 2021 and early 2022.

“Drilling remains open on multiple fronts and step-out RC drilling is due to commence in the coming week.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@saturnmetals.com.au

 

Web: www.saturnmetals.com.au

 

 

Galan Lithium Prepares for Further HMW Drilling

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THE DRILL SERGEANT: Galan Lithium (ASX: GLN) has received permits for its next round of drilling from the Secretaria de Estado de Minería – Gobierno de Catamarca (the authority that approves drilling permits in Catamarca, Argentina).

Galan Lithium will soon commence its next drilling program over the Hombre Muerto West (HMW) project located on the Hombre Muerto salar in Argentina.

Preparatory works to access sites for drilling have now commenced within the Pata Pila and Rana de Sal concessions and drilling equipment has already mobilised to site.

The company explained that this next round of drilling aims to confirm and expand current resources and to test the dynamics of brine flow rates, and lithium grade necessary to estimate a maiden Reserves Estimate to be used as part of HMW’s Definitive Feasibility Study (DFS).

“We are pleased to be able to return to HMW, this time to drill for Reserves,” Galan Lithium managing director Juan Pablo (JP) Vargas de la Vega said in the company’s ASX announcement.

“With our new funding, Galan will also test new undrilled areas aiming to firm-up and increase resources.

“We want to prove that HMW could have a productive well field to support potential production as part of the DFS.”

The HMW project currently houses a high-grade, low impurity lithium brine resource of approx. 2.3 million tonnes lithium carbonate equivalent (LCE) at 946mg/l lithium.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@galanlithium.com.au

 

Web: www.galanlithium.com.au

 

Golden Mile Resources to Commence Ground EM Survey at Yarrambee

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THE DRILL SERGEANT: Golden Mile Resources (ASX: G88) is preparing a ground electromagnetic (EM) survey to commence in September over high priority HEM conductors on the company’s 100 per cent-owned Yarrambee base metals project in the Murchison Region of Western Australia.

The ground EM survey follows results of a 1,342 line-kilometre, helicopter-borne electromagnetic (HEM) survey the company completed in July that identified 48 conductors that Golden Mile has interpreted to be related to sulphide accumulations in the basement rocks and potential VMS-style copper-zinc mineralisation.

“Three high priority target areas have been identified for immediate follow up and we are now ready to refine the targets within these areas by combining the HEM survey data with historical drilling data and collecting ground EM to provide us with the best possible drill test sites,” Golden Mile Resources managing director James Merrillees said in the company’s ASX announcement.

“It’s an exciting time for Golden Mile and we look forward to rapidly advancing exploration on these outstanding targets.

“We already have approvals in place for drilling and look forward to finalising drill-ready targets over the coming weeks.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@goldenmileresources.com.au

 

Web: www.goldenmileresources.com.au

 

Alto Metals Scores High-Grade Gold Encounters at Lord Henry

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THE DRILL SERGEANT: Alto Metals (ASX: AME) reported further shallow, high-grade gold assay results from RC drilling below the Lord Henry pit, as part of an ongoing RC drilling program at the company’s 100 per cent-owned Sandstone gold project in Western Australia.

Alto Metals designed the current drilling at Lord Henry for resource definition, targeting down-dip extensions of mineralisation to the north, strike extensions to the west and targeting further potential stacked lodes at depth.

The latest assays from RC drilling at Lord Henry include:

SRC398
4 metres at 15.6 grams per tonne gold from surface, 4m at 2.1g/t gold from 12m, and 8m at 13.6 g/t gold from 56m;

SRC387
20m at 1.3 g/t gold from 40m, including 8m at 2g/t gold from 44m and 4m at 6g/t gold from 80m;

SRC399
36m at 1.9g/t gold from 8m;

SRC389
4m at 4.5g/t gold from 88m;

SRC390
4m at 1.9g/t gold from 76m;

SRC391
4m at 1.1g/t gold from 12m; and

SRC392
4m at 1.6g/t gold from 64m.

Alto Metals managing director Matthew Bowles said in the company’s ASX announcement.
“These latest results highlight the nature of the shallow dipping, multiple stacked lodes of high-grade gold mineralisation below the Lord Henry pit, which remains open down-dip to the north, along strike and has potential for further repeat lodes to be discovered at depth.

“We re-commenced a major drilling program at the start of the year and the results received to date clearly demonstrate there is lot more gold to be found at Sandstone.

“With RC drilling continuing, investors can look forward to further results as we wait for assays from 16 diamond holes and over 120 RC holes, in addition to an updated mineral resource estimate later in the year, subject to final assays.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

Email: admin@altometals.com.au

 

Web: www.altometals.com.au