Peel Mining Encounters Further Copper Hits at Wirlong

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THE DRILL SERGEANT: Peel Mining (ASX: PEX) reported that drilling at the company’s 100 per cent- owned Wirlong deposit has returned new broad and high-grade copper-mineralised intercepts.

The Wirlong deposit is part of Peel Mining’s South Cobar project, centred around 100km south of Cobar in Western New South Wales.

The recently received assays confirm further broad and high-grade copper intercepts at Wirlong with better results including:

WLRC073
163m at 1.08 per cent copper, 4 grams per tonne silver from 233m to end of hole, including 21m at 2 per cent copper, 9g/t silver from 283m and 7m at 2.09 per cent copper, 6g/t silver from 310m and 11m at 1.73 per cent copper, 5g/t silver from 337m and 19m at 1.58 per cent copper, 5g/t silver from 359m; and

WLRC075
9m at 1.78 per cent copper, 5g/t silver from 294m.

“The wide and high-grade copper hits reported herein, as well as those previously reported, point to the potential for a major Cobar-style copper system to take shape at Wirlong,” Peel Mining managing director Rob Tyson said in the company’s ASX announcement.

“These results, as well as visuals and XRF analyses for drillholes still to be reported, add to an excellent start to the company’s efforts to establish a maiden high-grade copper resource at Wirlong.

“Importantly, the results lend support to our aspiration to become Cobar’s next copper-dominant base and precious metals mining company.

“Once again we look forward to receiving the assays for the additional copper intercepts yielded from drilling since our last report and releasing them in due course.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@peelmining.com.au

 

Web: www.peelmining.com.au

 

Black Cat Syndicate Progresses Resource Infill Drilling Campaign

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THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) received assay results from drilling undertaken at Imperial/Majestic, part of the company’s Kal East gold project in Western Australia.

Black Cat drilled 13 diamond holes at Imperial/Majestic in late 2020 with results from the final nine holes showing multiple high-grade zones indicating strong structural continuity up to 75m below the current Resource.

The results, which will be included in the next Resource estimate, include:

20IMDD005
0.28 metres at 30.3 grams per tonne gold from 362.94m;

20IMRC010
1m at 13.4g/t gold from 294.2m and 0.29m at 12.1g/t gold from 301.67m;

20IMDD013
1m at 15.9g/t gold from 147m and 0.4m at 8.53g/t gold from 345.43m and 0.25m at 9.45g/t gold from 346m and 2.16m at 5.81g/t gold from 347.45m; and

20IMDD014
0.48m at 40.23g/t gold from 413.43m and 0.34m at 14.3g/t gold from 476.4m.

Black Cat is continuing infill drilling at Fingals Fortune, which has to date confirmed the structure and grades expected in the Resource within this large, shallow deposit.

The company has received results for 34 of 75 holes, 90 per cent of which have shown to contain mineralisation with multiple intersections in each hole.

Results will be included in a Resource update to be estimated in March 2021.

“Majestic continues to show potential for a long-life underground operation,” Black Cat Syndicate managing director Gareth Solly said in the company’s ASX announcement.

“The new results demonstrate continuation of the primary mineralisation approximately 75 metres below the current Resource and will be used to estimate a new Resource to be announced later in March 2021.

“The infill drilling at Fingals Fortune continues to add confidence to this large, shallow Resource, which will also be updated in late March 2021.

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

“In the meantime, drilling will be focused on Resource growth and maiden Reserve definition.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@blackcatsyndicate.com.au

 

Web: www.blackcatsyndicate.com.au

 

 

Corazon Mining Encounters New Lynn Lake Nickel-Copper Conductor

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THE DRILL SERGEANT: Corazon Mining (ASX: CZN) achieved initial positive visual results from drilling underway at the company’s Lynn Lake nickel-copper-cobalt sulphide project in Manitoba Province, Canada.

Corazon Miing is drilling nickel sulphide geophysical conductor targets identified by a new exploration tool, a MobileMT geophysical survey, immediately west of the Fraser Lake Complex (FLC)/ Matrix Trend, within the Lynn Lake project area.

The initial drilling program will test at least three targets and comprises approximately 1,600m of diamond core drilling, with follow-up work depending on results.

The first hole FLC2021-24 (#24) has been completed, from which Corazon reported highly encouraging definitive visual evidence of sulphide mineralisation, including nickel and copper sulphides.

“The best sulphide mineralisation was intersected on trend from the main geophysical conductor in the first target area,” Corazon Mining said in its ASX announcement.

“This is a potentially significant discovery at Lynn Lake, opening up a new exploration front that includes multiple geophysical conductors for testing.

“The magmatic sulphide appears of high quality.

“It is dominated by pyrrhotite, with chalcopyrite and pentlandite also observed.

“Assay results from the first hole are expected to be available next month and will provide confirmation of nickel-copper tenor and grade.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@corazon.com.au

 

Web: www.corazon.com.au

 

De Grey Mining Continues Crow/Aquila Expansion

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THE DRILL SERGEANT: De Grey Mining (ASX: DEG) has drilled further growth at the Crow and Aquila zones within the company’s Hemi gold discovery, south of Port Hedland in Western Australia.

Drilling at the Crow zone expanded the main lode – McLeod – that is now identified over 600 metres strike, 300m depth and up to 60m true thickness and remains open.

New results in the McLeod lode at Crow include:

HERC607
33 metres at 4.9 grams per tonne gold from 171m, including 11m at 12.1g/t gold from 171m;

HERC039D
24.8m at 2.1g/t gold from 308.19m;

HERC355
7m at 3.9g/t gold from 215m; and

HERC611
18m at 1.3g/t gold from 55m.

Additional new intercepts in other lodes at Crow returned:

HERC535
6m at 6.9g/t gold from 57m;

HERC623
18m at 3.4g/t gold from 210m; and

HERC310D
14.3m at 2.9g/t gold from 239.5m.

Drilling at the Aquila zone has defined over 800m strike and recent results have highlighted plunging higher-grade shoots at the eastern and western ends of the intrusion.

New extensional results include:

HEDD012
52.2m at 2g/t gold from 519.83m, including 15.3m at 4.5g/t gold from 556.68m;

HERC208D
12m at 3.6g/t gold from 371m including 0.5m at 71.3g/t gold from 374.77m, and 27.1m at 1.2g/t gold from 405m that intersected the eastern end of the McLeod Lode; and

HERC250D
24.6m at 1.7g/t gold from 293.2m.

“The large Crow/Aquila gold system continues to expand and be defined across multiple stacked subvertical lodes,” De Grey Mining managing director Glenn Jardine said in the company’s ASX announcement.

“The dominant lodes of McLeod and Aquila are oblique to each other, intersect at the eastern end and are expected to support a combined open pit scenario.

“Both lodes demonstrate high-grade mineralisation that should also provide underground mining potential below any open pit mining limits.

“The ongoing systematic infill RC drilling program at Crow has improved our understanding of the continuity of mineralisation.

“Step out drilling continues to extend mineralisation at all zones at Hemi.

“RC drilling also continues at the recently discovered Diucon and Eagle zones to the immediate west.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@degreymining.com.au

 

Web: www.degreymining.com.au

 

 

Carawine Resources Strengthens Hercules Gold Deposit

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THE DRILL SERGEANT: Carawine Resources (ASX: CWX) released news from the company’s Tropicana North project, located in the north-eastern goldfields of Western Australia.

Carawine Resources informed the market of assay results from the Hercules prospect, with the last drill hole from the recent program returning the highest grades to date.

Hercules is an advanced gold prospect within Carawine’s Thunderstruck Joint Venture (Carawine 90%), which forms part of the Tropicana North project.

The lastest results include:

TNRC020
A combined interval of 18 metres at 11.3 grams per tonne gold from 136m across two lodes, including:

6m at 26.6g/t gold from 136m, including 4m at 39.7g/t gold from 138m; and

4m at 10.4g/t gold from 150m, including 1m at 40.1g/t gold from 153m.

Carawine said the multiple lodes reported from this drill hole further increase the potential for Hercules to develop into a major new gold deposit.

“Our last set of results from Hercules were very exciting, so to have the last hole from our maiden drilling program at the prospect return the best results from the prospect to date is fantastic,” Carawine Resources managing director David Boyd said in the company’s ASX announcement.

“We have also repeated the new multiple high-grade lode system announced last week, indicating the potential for this wider ‘blow-out’ zone to extend throughout the prospect.

“We are planning a follow-up drilling program to test for extensions to the mineralisation, which remains open, with the potential to increase the strike length with depth.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@carawine.com.au

 

Web: www.carawine.com.au

 

Ardea Resources Confirms Emu Lake Nickel Sulphide Drill Target

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THE DRILL SERGEANT: Ardea Resources (ASX: ARL) has delineated a strong off-hole conductor by way of a downhole electromagnetic (DHEM) survey at Emu Lake within the company’s Kalpini project in Western Australia.

Ardea Resources had the survey carried out on recently drilled hole (ALED0001) at Emu Lake defining a strong off-hole conductor north of the hole.

The company explained hole AELD0001 was drilled in December 2020, targeting a DHEM anomaly based on legacy data compiled by geophysical consultants, Newexco.

The hole intersected a stringer zone of nickel sulphides at 382m the company believes may be remobilised from a source defined by the AELD0001 DHEM modelling.

“Ardea remains focussed on their Kalgoorlie Nickel Project nickel laterite and developing this project to provide ethical and sustainable nickel and Critical Mineral supply for the rapidly expanding lithium-ion battery supply chain,” Ardea Resources managing director Andrew Penkethman said in the company’s ASX announcement.

“In tandem with this priority, compelling nickel sulphide and Critical Mineral exploration opportunities continue to be evaluated that can provide further KNP upside.

“This initial core hole at Emu Lake is a good example of the upside potential.

“The hole was drilled into an EM anomaly based on legacy data and was aimed at making a komatiite hosted (Kambalda style) nickel sulphide discovery.

“Given the low industry wide success rate in making nickel sulphide discoveries, it is extremely encouraging to see that we have identified a strong conductor along strike from the initial target that could represent an accumulation of high-grade nickel sulphide.

“We are looking forward to drilling this quality target whilst also working up additional compelling drill targets through a series of geophysical programs currently underway at Emu Lake, Highway and Black Range.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: ardea@ardearesources.com.au

 

Web: www.ardearesources.com.au

 

 

Dreadnought Resources Commences Illaara Drilling

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THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) is drilling numerous targets within the Metzke’s Corridor, part of the company’s Illaara gold-VMS-iron ore project in Western Australia.

Dreadnought Resources is hoping to extend mineralisation at Metzke’s Find, Longmore’s Find and Black Oak.

In addition, the Bald Hill prospect, located at the northern end of the Metzke’s Corridor, will be drilled for the first time.

Prioritised targets will then be drilled along the prospective Lawrence’s Corridor.

“We are excited to recommence drilling at Illaara to follow up the high-grade at Metzke’s Find and Longmore’s Find,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.

“We will also be testing for supergene and bedrock mineralisation at Black Oak and to put first drill holes into Bald Hill.

“The first drilling campaign along the Lawrence’s Corridor will then commence.

“Target generation work is progressing at our Mangaroon nickel-copper-PGE and gold project and planning is coming together to get back into the Kimberley to drill numerous high-quality base metal targets.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@dreadnoughtresources.com.au

 

Web: www.dreadnoughtresources.com.au

 

 

Moho Resources Identifies New East Sampson Gold Zones

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THE DRILL SERGEANT: Moho Resources (ASX: MOH) claimed identification of additional high-grade gold zones at the company’s East Sampson Dam prospect in Western Australia.

Moho Resources made the identification during a recent Phase 2 reverse circulation (RC) drilling program as part of its resource definition studies, to infill and extend gold mineralisation at the East Sampson Dam prospect.

The drilling produced encouraging high-grade gold results of:

SSMH0117
1 metre at 9.6 grams per tonne gold from 92m;

SSMH0126
5m at 5.95g/t gold from 47m, including 1m at 15.2g/t gold from 49m and 1m at 11.1g/t gold from 51m;

SSMH0123
6m at 3.57g/t gold from 83m, including 2m at 2.43g/t gold from 84m and 1m at 15.6g/t gold from 88m; and

SSMH0119
2m at 2.67g/t gold from 43m, including 1m at 4.04g/t gold from 43m.

“The latest RC drilling results have identified a number of high-grade mineralised intervals and new mineralised zones at the East Sampson Dam gold prospect,” Moho Resources managing director Shane Sadleir said in the company’s ASX announcement.

“This new information, in combination with the ongoing structural control interpretation and geological modelling by Moho’s geologists and consultants, provides further confidence that the prospect has the potential to generate a suitable gold resource which could provide important cash flow for the company.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@mohoresources.com.au

 

Web: www.mohoresources.com.au

 

PVW Resources Identifying New Leonora Targets

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THE DRILL SERGEANT: PVW Resources (ASX: PVW) has wrapped up recent desktop work that has identified improving exploration targets at the Jungle Well project, within the company’s Leonora project in Western Australia.

The company has had historical datasets combed over by Southern Geoscience Consultants (SGC) with planning in mind for Fixed Loop Electromagnetic surveying (FLTEM) to refine drill targets over multiple conductors.

Following completion of the FLTEM activities and interpretation, exploration drilling will aim to test and confirm the source of the conductors.

“This work undertaken on granted mining lease M37/135 highlights the potential of the Leonora projects.

“Review of historical ground geophysics and follow up, including diamond core drilling with results to 13.22 metres at 1.74 grams per tonne gold from 276 metres, adds to the pipeline of prospects to be explored.

“The Leonora project has immediate potential, and we look forward to commencing our exploration efforts in the June Quarter.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@pvwresources.com.au

 

Web: www.pvwresources.com.au

 

 

Eagle Mountain Reveals Further Expansion Potential at Oracle Ridge

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THE DRILL SERGEANT: Eagle Mountain Mining proved the best way to do your talking is via the drill bit by drilling further Resource Expansion Potential at the company’s 80 per cent owned Oracle Ridge mine project in Arizona, USA.

Eagle Mountain announced an Oracle Ridge copper mine drill interval achieved in a New Zone of:

WT-21-03
12 metres at 3.47 per cent copper, 50.22 grams per tonne silver from 73.7m

Follow up drilling to hole WT-21-03 revealed strong visible copper mineralisation over a 10m zone with assays pending for WT-21-04.

Extensions to the central zone and proximal to existing development were shown with results of:

WT-21-02
17.8m at 1.71 per cent copper, 16.89g/t silver and 0.15g/t gold from 199m, including 5.3m at 2.86 per cent copper, 30.92g/t silver and 0.1g/t gold; and
4.8m at 2.71 per cent copper, 23.92g/t silver and 0.3g/t gold.

Eagle Mountain’s current drilling is targeting extensions to high-grade breccia zones in the southern sections that were previously encountered in hole WT-20-10.

“We are delighted that our first hole in this northern area intersected high-grade copper and silver mineralisation, approximately 40 metres west of existing JORC Resources, and at a depth of only 70 metres directly below surface,” Eagle Mountain Mining CEO Tim Mason said in the company’s ASX announcement.

“This area is sparsely drilled and shows significant potential to expand the resource to the west of this hole.

“Following on from this hole, WT-21-03, we have seen visible copper mineralisation over a 10 metres zone in WT-20-04, with assays pending.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@eaglemountain.com.au

 

Web: www.eaglemountain.com.au