Dreadnought Resources Commences Mangaroon Project Exploration

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THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) has commenced target definition and generation work at the company’s Mangaroon nickel-copper-PGE and gold project near Exmouth in Western Australia.

Dreadnought Resources is undertaking soil sampling at Mangaroon targeting anomalous nickel-copper-PGE mineralisation within the Money Intrusion.

Soil sampling targeting gold mineralisation will then commence over the Edmund and Minga Bar Faults over known gold occurrences at Cullen’s Find, White Well and Michell’s Find.

The company anticipates results of these sampling programs to filter through during April and May 2021.

In addition to the soil sampling activities, Dreadnought intends running a detailed airborne magnetic survey covering the Money Intrusion, scheduled to commence in March 2021.

“We are excited to commence target definition and generation work at Mangaroon,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.

“For gold, we will assess historical gold mining areas that have never been drilled.

“In addition, we will follow up on historical drilling with high grade-gold intersections.

“For nickel-copper-PGE, there is an extensive outcropping mineralised mafic intrusion with the potential to host high tenor massive sulphides that has never been the subject of a targeted exploration program.

“Mangaroon contains a tantalising mix of precious and base metals potential to progress in 2021.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@dreadnoughtresources.com.au

 

Web: www.dreadnoughtresources.com.au

 

 

Blackstone Minerals Confirms King Snake High-Grades

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THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) has confirmed high-grade massive sulphide nickel, copper and PGEs at the King Snake deposit within the company’s Ta Khoa nickel project in North Vietnam.

Blackstone Minerals made the announcement on the back of recent assay results received from drilling at King Snake that included the first drill holes completed at the deposit.

Blackstone considers King Snake to have excellent potential to add to the company’s Massive Sulphide Vein (MSV) mining inventory while supporting the restart of the existing 450,000 tonnes per annum concentrator.

The first two drill holes at King Snake returned:

KS20-01A
0.6 metres at 2.79 per cent nickel, 3.81 per cent copper, 0.1 per cent cobalt and 4.85g/t PGE from 193.05m; and

KS20-02
5.88m at 1.22 per cent nickel, 0.49 per cent copper, 0.04 per cent cobalt and 4.67g/t PGE from 131.74m, including 1.81m at 0.77 per cent nickel, 0.44 per cent copper, 0.03 per cent cobalt
and
12.53g/t PGE from 131.74m 1.18m at 3.72 per cent nickel, 0.84 per cent copper, 0.12 per cent cobalt and2.41g/t PGE1 from 135.47m.

“The first results from King Snake represent some of highest tenor massive sulphide intersections that Blackstone has achieved to date,” Blackstone Minerals managing director Scott Williamson said in the company’s ASX announcement.

“The new discovery remains open and we are dedicating resources to ensure that we test the full extent of mineralisation at King Snake and build a mining inventory to be included as part of ongoing studies.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@blackstoneminerals.com.au

 

Web: www.blackstoneminerals.com.au

 

Black Cat Syndicate Hits Magic One Million Ounce Gold Mark

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THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) has reached the one million ounce milestone for the Imperial/Majestic/Sovereign deposits at the company’s Kal East gold project outside Kalgoorlie in Western Australia.

Black Cat Syndicate reported an update to the JORC 2012 Mineral Resource for the combined Imperial/Majestic/Sovereign deposits that have increased 47 per cent to 5.2 million tonnes at 2.3 grams per tonne gold for 378,000 ounces of gold.

The update has taken Black Cat’s total Resource over the magic million mark to 14.3 million tonnes at 2.2g/t gold for 1.025 million ounces of gold.

The company highlighted that the Majestic underground Resource, which is one of its initial potential production centres, increased by 40 per cent, including an increase of 56 per cent in grade to 5.6g/t gold.

Black Cat has hit the one million ounce mark in quick time, moving from zero to hero since listing in January 2018, implementing a combination of discovery, acquisition and extensional drilling.

The Resource at Imperial/Majestic/Sovereign has increased by 47 per cent since Black Cat acquired the project in July 2020.

“Reaching 1 million ounces of Resource from a zero start in only three years since listing is an amazing achievement for Black Cat,” Black Cat Syndicate managing director Gareth Solly said in the company’s ASX announcement.

“With a strike length of 950 metres now and being open, the Imperial/Majestic/Sovereign Resource shows the potential for a high-grade, long-life underground production source for the Kal East gold project.

“Along with the Myhree open pit, Majestic sits at the front of our mine plan and the increase in grade with up to 1,500 ounces per vertical metre has the potential to improve early cashflow.

“Additionally, we have now identified multiple new targets which will be drilled in the coming months.

“With the recent option to purchase key components of a processing facility, we are well positioned to transform into a developer in the near term.”

Black Cat has established new gold targets in the Greater Majestic area including down plunge of Imperial (currently being drilled), at Sovereign and directly south of Majestic.

The company has further Resource upgrades underway at Fingals Fortune, Fingals East, Jones Find and Rowe’s Find.

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@blackcatsyndicate.com.au

 

Web: www.blackcatsyndicate.com.au

 

VRX Silica Prepares for Arrowsmith North Grade Control Drilling

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THE DRILL SERGEANT: VRX Silica (ASX: VRX) is gearing up for a 130-hole grade control drill program at the company’s Arrowsmith North silica sand project north of Perth in Western Australia.

VRX Silica explained the grade control area to be drilled is wholly within the project’s previously reported Mineral Resource Estimate (MRE) of 771 million tonnes at 98 per cent silica and represents approximately 11.3 million tonnes of indicated and inferred resource.

“The drilling of tight spaced grade control holes at Arrowsmith North is another key pre-production activity being undertaken as we prepare for the commencement of mining,” VRX Silica managing director Bruce Maluish said in the company’s ASX announcement.

“The area being grade control drilled is where we are planning to mine for the first 6 to 10 years.”

VRX anticipates the drilling to generate tonnage of additional raw material sufficient for it to conduct supplementary metallurgical test work to fine tune the design and operating parameters of the process plant and for approvals required by Mid West Ports for the shipping of silica sand under its environmental licence with the Department of Water and Environment Regulation.

The drilling should also generate additional commercial sample for despatch to potential offtake partners as demand for VRX’s silica sand continues to grow.

“Sources of supply of quality silica sand throughout the Asian region are shrinking at a rapid rate, and this has led to tremendous interest for VRX’s silica sand from potential customers who are acutely aware of the supply problem,” Maluish continued.

“We are well-positioned to fill this demand and, as we develop our silica sand projects, remain focussed on delivering long term offtake partnerships with significant participants in the Asian market.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@vrxsilica.com.au

 

Web: www.vrxsilica.com.au

 

 

Azure Minerals Drills Further Andover Expansion

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THE DRILL SERGEANT: Azure Minerals (ASX: AZS) declared continued mineralisation growth at the company’s Andover nickel-copper project (60% Azure / 40% Creasy Group) in the West Pilbara region of Western Australia.

Azure Minerals provided an update on its drilling campaign currently underway on the VC-07 prospect at Andover.

The company reported strong sulphide mineralisation had been intersected in recent drilling that continues to expand the VC-07 mineralised system.

As a result, the Main Zone has been extended both up- and down-dip and mineralisation has now been defined over a strike length exceeding 300m.

The drilling has now identified a second, mineralised horizon, designated the Upper Zone, extending mineralisation close to surface.

Azure is more fortunate than other companies by being able to have two drill rigs operating at VC-07 with a third rig scheduled to mobilise to site in April.

Ongoing downhole electromagnetic (DHTEM) surveying continues to identify extensions to the EM conductor plates associated with the VC-07 Main Zone and the newly identified Upper Zone, assisting in the definition of future drill targets.

“The VC-07 nickel-copper mineralised system continues to excite with significant mineralisation defined near surface, down-dip and along strike, and remaining completely open in these directions,” Azure Minerals managing director Tony Rovira said in the company’s ASX announcement.

“Encouragingly, a second mineralised zone has been identified above the Main Zone, with this new Upper Zone bringing nickel-copper sulphide mineralisation to within 60 metres of surface.

“We’re very pleased by the fact that 14 of the 15 holes Azure has drilled at VC-07 have intersected broad mineralised intervals containing significant quantities of nickel-copper sulphides.

“Given that we have drilled the VC-07 EM conductor plate over 300 metres of strike with 750 metres still to be tested, and that the mineralised body is unconstrained at depth, we are growing evermore confident that further drilling will define a major nickel-copper sulphide deposit at Andover.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@azureminerals.com.au

 

Web: www.azureminerals.com.au

 

Impact Minerals Expands Platinum Springs PGE-Copper-Nickel

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THE DRILL SERGEANT: Impact Minerals (ASX: IPT) has encountered further high-grade assays for platinum group elements (PGE) at the company’s 100 per cent-owned Broken Hill project in New South Wales.

Impact Minerals reported the PGM assay results came with associated copper and nickel that has expanded the mineralised footprint at the Plat Central and Plat East prospects, part of the Broken Hill project.

Plat Central and Plat East form part of the larger Platinum Springs area at the southern end of a nine kilometre long, ultramafic to mafic Moorkai Trend characterised by extensive high-grade PGM-copper-nickel in rock chip samples but which has been very poorly explored.

Impact’s recent drilling has identified a second channel at Plat Central and a further channel at Plat East, all three of which are open along trend, both up and down plunge.

“In addition, high-grade PGM-copper-nickel mineralisation has been identified for the first time within the host ultramafic unit which, together with numerous thick intercepts of lower grade mineralisation throughout the ultramafic, support the potential for a larger bulk mining opportunity should further drilling be successful,” the company said in its ASX announcement.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@impactminerals.com.au

 

Web: www.impactminerals.com.au

 

PVW Resources Swoops on Kalgoorlie Drill Rig

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THE DRILL SERGEANT: PVW Resources (ASX: PVW) has taken advantage of a spare drill rig to commence auger drilling comprising up to 600 holes to test for near surface gold anomalism on two of the company’s Kalgoorlie tenements.

PVW Resources will commence drilling on E27/571 with 100 holes planned at the southern end of the tenement and then move to E27/614.

While this drilling is underway the company is finalising drill sites for drilling to commence at its Leonora project.

“Auger drilling has commenced at our Kalgoorlie project, aimed at collecting samples below the soil profile,” PVW Resources executive director George Bauk said in the company’s ASX announcement.

“This will provide the team with information to assist with drill target definition.

“The area adjoining our tenements has produced some excellent results in the past 12 months which has encouraged us to commence exploration in this area immediately.

“It’s a busy period for the company following the completion of the merge with Thred Limited.

“We are currently planning the final position of the holes at Leonora for our RC drilling program which could start as early as next week, subject to the arrival of the drill rig.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@pvwresources.com.au

 

Web: www.pvwresources.com.au

 

 

Trigg Mining Drills Path to Lake Throssell JORC Resource

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THE DRILL SERGEANT: Trigg Mining remains on track for a maiden JORC Resource at the company’s e 100 per cent-owned Lake Throssell sulphate of potash (SOP) project, located east of Laverton in Western Australia.

Trigg Mining had expanded the program from its original 38 holes to 54 holes, on the back of results achieved during the first stage of the program.

The recent program has covered the palaeovalley extent within tenement E38/3065 covering a strike length of approximately 36 kilometres of the 112km in the total project area.

Field analysis of salinity has indicated the recently drilled southern portion of the palaeovalley has comparable salinity to the northern portion where assay results returned grades of up to 11,519mg/L (11.5kg/m3) SOP equivalent.

Brine samples have been submitted to laboratory for analysis, with results expected at the end March / early April.

Geological modelling has commenced for a maiden JORC Inferred Mineral Resource estimate, which is expected to be completed next Quarter.

“The completion of our first-ever comprehensive air-core program at Lake Throssell is a significant milestone for the team and an important step towards unlocking the commercial potential of this large-scale, high-grade sulphate of potash deposit,” Trigg Mining managing director Keren Paterson said in the company’s ASX announcement.

“We are encouraged and excited by what we have seen in the drilling so far, with preliminary observations from the field confirming that we have a very large-scale palaeovalley system extending over a strike length of 36km within granted tenement E38/3065, up to 5km wide and up to 100m deep.

“Importantly, there is clear evidence of the presence of multiple aquifers across the profile – which suggests the potential for multiple production sources.

“We are now eagerly awaiting assay results from the drilling and work has already commenced on the geological model required to underpin a maiden JORC Mineral Resource estimate, which we expect to complete next quarter.

“This will provide a foundation for economic studies and is only the beginning of the resource story at Lake Throssell with roughly two thirds of the strike potential within the current project area still untested.

“We are continuing our systematic approach to unlocking the potential of this exciting high-grade sulphate of potash project, and we are looking forward to delivering a significant amount of news-flow for our shareholders and investors over the next few months.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

Email: info@triggmining.com.au

 

Web: www.triggmining.com.au

 

Alto Metals Claims New Gold Zone Discovery

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THE DRILL SERGEANT: Alto Metals (ASX: AME) is in the midst of a major drilling program at the company’s 100 per cent-owned Sandstone gold project in Western Australia.

The company has received results from drilling carried out late last year that was designed to test structural targets along the Lords Corridor, which it claims to have confirmed the discovery of a New Zone of gold mineralisation.

Recent assays results include:

SRC240
4 metres at 5.3 grams per tonne gold from 124m within 16m at 1.6g/t gold from 116m; and

SRC241
4m at 2.7g/t gold from 148m within 8m at 1.6g/t gold from 144m.

“These new results from the successful first pass ‘step-out’ exploration holes drilled late last year, have confirmed two new lodes, within a New Zone of gold mineralisation discovered more than a kilometre south of Lord Nelson,” Alto Metals managing director Matthew Bowles said in the company’s ASX announcement.

“Importantly, these holes were drilled in an area completely undercover and the style of mineralisation intersected is exactly the same as what we see at Lord Nelson and reminds us of the first few holes drilled that led to the Orion Lode discovery.

“We are fully focused on exploration.

“We have a major drilling program underway, with two rigs on site testing extensions of known resources and priority regional targets.

“Once initial assays from drilling that commenced at the start of this year are received, expected early next month, we will then have regular, ongoing news flow.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@altometals.com.au

 

Web: www.altometals.com.au

 

Musgrave Minerals Identifies New Cue Gold Corridor

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THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) believes it may have opened a new seven-kilometres-long mineralised corridor at the company’s Cue gold project in the Murchison region of Western Australia.

Musgrave Minerals recently completed basement RC drilling west of the Lena deposit at Cue that intersected gold mineralisation in what could potentially be a new mineralised corridor extending from Target 14 in the north through to Targets 5 and 20, 2.5km to the south where it remains open.

The drilling at Target 14 was targeted to identify the source of a regional regolith aircore gold anomaly 800m west of Lena, the company had interpreted to represent a possible new, untested shear corridor hosted in felsic and sedimentary lithologies.

Musgrave thinks this new corridor has a potential strike of over 7km and is along trend from Targets 5 and 20 more than 2.5km to the south.

The area has no previous drilling.

RC drilling at the Target 14 prospect, west of Lena intersected thick gold mineralisation including:

21MORC019
30 metres at 3.5 grams per tonne gold from 36m, including 12m at 6.9g/t gold from 36m.

Drilling at Target 5, 2.5km to the south, intersected gold mineralisation in basement, from which 1m resamples confirmed high gold grades.

Results include:

20MUAC412
5m at 42.2g/t gold from 25m;

21MORC030
34m at 0.73g/t gold from 42m to EOH, including 18m at 1.2g/t gold from 48m; and

21MORC029
52m at 0.61g/t gold from 30m to EOH, including 12m at 1.2g/t gold from 36m.

At Target 20, 500m south of Target 5, initial RC drilling intersected:

21MORC020
34m at 0.74g/t gold from 38m to EOH, including 6m at 2.3g/t gold from 44m.

“These results are potentially very significant as these are the first basement drill holes into what could represent a seven kilometre stretch of a new mineralised shear corridor with no previous drilling,” Musgrave Minerals managing director Rob Waugh said in the company’s ASX announcement.

“We have now intersected basement gold mineralisation in broad intervals over more than three kilometres of strike in this new shear corridor and the team is excited by the opportunity to continue to test this area.

“This new well mineralised gold corridor remains largely undrilled in bedrock and can host significant widths of high-grade gold mineralisation.

“Drilling is ongoing with further assay results expected in coming weeks from White Heat and follow-up of Targets 5, 14 and 20.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@musgraveminerals.com.au

 

Web: www.musgraveminerals.com.au