Chalice Mining Defines New Julimar Gold Zones

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THE DRILL SERGEANT: Chalice Mining (ASX: CHN) is conducting exploration activities at the company’s 100 per cent-owned Julimar nickel-copper-Platinum Group Element (PGE) project, north-east of Perth in Western Australia.

The company currently has six rigs (three Reverse Circulation (RC) and three diamond) drilling a 160,000m step-out and resource definition drill program at the Gonneville Intrusion.

This is happening at the same time as reconnaissance soil sampling and Moving Loop EM programs in the Julimar State Forest to the north.

Drilling has extended the high-grade G1-G4 Zones and four new internal high-grade PGE +/- nickel-copper-cobalt-gold zones have now been defined (G8-G11).

New high-grade drill intersections (>1g/t Pd cut-off grade) include:

JD023: G1 & G2
39 metres at 3.8g/t palladium, 0.6g/t platinum, 0.3 per cent nickel, 0.2 per cent copper, 0.02 per cent cobalt from 290m, including 2m at 14.9g/t palladium, 0.02g/t platinum, 0.04 per cent nickel, 0.2 per cent copper, 0.04 per cent cobalt; and

JD019: G4
4.5m at 7.1g/t palladium, 1.4g/t platinum, 0.9 per cent nickel, 0.5 per cent copper, 0.06 per cent cobalt and 34.5m at 2.8g/t palladium, 0.7g/t platinum, 0.4g/t gold, 0.2 per cent nickel, 1.9 per cent copper, 0.02 per cent cobalt from 139.8m.

“We’ve started the New Year with strong momentum on several fronts, with drilling at our major Julimar discovery continuing to expand the high-grade footprint of the deposit and initial on-ground activities underway to test the exciting new EM targets along strike to the north,” Chalice Mining managing director Alex Dorsch said in the company’s ASX announcement.

“Drilling within the Gonneville deposit continues to deliver outstanding results and once again, we are seeing a diverse range of mineralisation styles, reflecting the sulphide-rich nature of the Gonneville Intrusion.

“We have now defined four new high-grade zones (G8-G11), each returning significant wide and highgrade intersections, which is very promising.

“Given the shallow nature of these zones, we expect that they may benefit future project economics.

“Meanwhile, drilling into the eastern contact of the intrusion, targeting the G4 and G11 zones, has produced some interesting results, encountering discrete pods of high-grade mineralisation interpreted as being associated with potential lows in the basal contact of the intrusion, where sulphides have deposited within the magma flow.

“Initial activities in the Julimar State Forest have commenced, and we are eagerly anticipating first results from that work over the coming weeks.

“The initial activities will determine the potential for Julimar to be a multi-deposit, world-class mineral province if our previously identified airborne EM anomalies develop into additional discoveries beyond Gonneville.

“With six rigs drilling and more rigs joining shortly, we are on track to meet our mid-2021 guidance for a maiden Mineral Resource for Gonneville and continue to prioritise the growth of the high-grade mineralised zones with step-out drilling.

“We have also commenced initial resource and pit-shell modelling, which is guiding our drill pattern.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@chalicemining.com

 

Web: www.chalicemining.com

 

Encounter Resources Resumes Drilling at Lamil Copper-Gold Project

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THE DRILL SERGEANT: Encounter Resources (ASX: ENR) has recommenced drilling at the company’s 100 per cent-owned Lamil copper-gold project in the Paterson Province of Western Australia.

Lamil covers an area of around 61 square kilometres and is located 25km northwest of the major copper-gold mine at Telfer, owned by Newcrest Mining.

The current drilling is focused on the Dune Prospect that sits in the northwest of Lamil and consists of a gold supergene zone the company outlined in previous broad spaced drilling.

“Drilling in November 2020 expanded the near surface copper-gold mineralisation at Dune to over 800 metres in strike,” Encounter Resources managing director Will Robinson said in the company’s ASX announcement.

“In the south of Dune, we intersected stacked layers of primary mineralisation with strengthening copper and a multi-element proximal signature.

“This RC program will focus on the southern area of Dune where the mineralisation remains open and strengthening.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: contact@enrl.com.au

 

Web: www.enrl.com.au

 

Musgrave Minerals Defines Basement Gold Targets on Evolution JV

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THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported on a recent regional scout aircore drilling program on the company’s Cue Joint Venture over Lake Austin with Evolution Mining (ASX: EVN) in Western Australia’s Murchison district.

The drilling has infilled the Lake Austin North target and extended and defined the West Island gold target, confirming potential for a large, mineralised gold system with multiple high-priority basement gold targets for follow-up.

The West Island regolith gold anomaly extends over a strike of more than 1.5km.

New results from West Island include:

20MOAC420
50 metres at 1.17 grams per tonne gold from 70m to EOH, including 4m at 7.57g/t gold from 114m;

20MOAC414
16m at 0.5g/t gold from 87m to EOH;

20MOAC362
44m at 0.31g/t gold from 108m to EOH; and

20MOAC415
16m at 0.31g/t gold from 84m.

The Lake Austin North regolith gold anomaly extends over a strike of more than 5km.

New results from Lake Austin North include:

20MOAC327
80m at 0.24g/t gold from 84m, including 19m at 0.57g/t gold from 145m.

“The joint venture aircore drilling continues to define strong consistent gold anomalies under Lake Austin indicative of a large mineralised system in the basement,” Musgrave Minerals managing director Rob Waugh said in the company’s ASX announcement.

“We are looking forward to the commencement of diamond drilling in February to test the basement beneath a number of these large regolith gold targets.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@musgraveminerals.com.au

 

Web: www.musgraveminerals.com.au

 

Cyprium Metals Drills Visible Copper Supergene Mineralisation

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THE DRILL SERGEANT: Cyprium Metals (ASX: CYM) reported on progress of a Reverse Circulation (RC) drilling program underway at the company’s Nanadie Well copper-gold project in Western Australia.

Near-surface supergene mineralisation has been defined at the Nanadie Well Copper-Gold Project, which is open along strike to the north and south, as well as to the west.

The Company’s initial 3,500 metre Nanadie Well Phase 1 RC drilling programme has been designed to test the supergene mineralisation of the deposit.

“Drilling to date has seen visible copper supergene mineralisation in the RC chips such as malachite, azurite and chrysocolla,” Cyprium Metals executive director Barry Cahill said in the company’s ASX announcement.

“The presence of these visible minerals is very exciting as we submit samples to the assay laboratory for analysis.

“Supergene mineralisation is generally, easily leachable with acid, which complements the nearby Hollandaire mineral resource, which is a massive sulphide orebody, that has already demonstrated its acid generating capacity.

“We will eagerly await the results of this program to define the extent of the supergene mineralisation at the Nanadie Well.”

“These results will be used to generate a JORC 2012 compliant resource at the Nanadie Well copper-gold project.

“Cyprium is continuing to work on expanding our mineral resource base for inclusion in the Murchison copper-gold scoping study.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@cypriummetals.com

 

Web: www.cypriummetals.com

 

Corazon Mining in Readiness for Drilling of New Lynn Lake Targets

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THE DRILL SERGEANT: Corazon Mining (ASX: CZN) is preparing its next phase of drilling at the company’s Lynn Lake nickel-copper-cobalt sulphide project in Manitoba Province, Canada.

Corazon Mining will be drilling priority drill new electromagnetic conductor anomalies in early February it identified via a recently completed aerial MobileMT geophysical survey at Lynn Lake.

The company considers some of these anomalies to show indications of nickel-copper-cobalt sulphide mineralisation.

“The anomalies of interest are located in a new untested area immediately adjacent to drill defined nickel-copper-cobalt sulphide mineralisation within the Fraser Lake Complex (FLC), which is located five kilometres south of the Lynn Lake Mining Centre,” Corazon Mining said in its ASX announcement.

“The company plans to drill-test these conductor anomalies, in its search for high-grade massive sulphide mineralisation.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@corazon.com.au

 

Web: www.corazon.com.au

 

Kin Mining Drills Towards Bruno-Lewis Resources Upgrade

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THE DRILL SERGEANT: Kin Mining (ASX: KIN) reported further assay results from recent in-fill Reverse Circulation (RC) drilling at the Bruno-Lewis deposit at the company’s 100 per cent-owned Cardinia gold project (CGP) in Western Australia.

The results include intersections of zones of shallow high-grade mineralisation, including:

BL20RC107
10 metres at 10.8 grams per tonne gold from 15m;

BL20RC127
14m at 6.09g/t gold from 39m;

BL20RC129
6m at 7.97g/t gold from 26m and 5m at 7.58g/t gold from 59m;

BL20RC124
11m at 4.24g/t gold from 74m; and

BL20RC120
16m at 4.15g/t gold from 40m.

Kin Mining claimed the results confirmed the quality of the Bruno-Lewis deposit, demonstrating strong potential to upgrade and expand the current 311,000 ounces Mineral Resource Estimate as part of an updated MRE due later this quarter.

The drilling was undertaken at Bruno-Lewis as part of a Phase 3 drilling program the company completed in late 2020 with the aim of extending the mineralisation at depth, increasing the average grade and upgrading the classification of the Inferred Mineral Resource at the deposit.

“These results from the northern half of the Bruno-Lewis deposit are some of the best results we have seen from Bruno-Lewis and from the wider Cardinia area,” Kin Mining managing director Andrew Munckton said in the company’s ASX announcement.

“While we knew that the north-east dipping lodes that we targeted with this drilling were the source of wide zones of generally lower grade mineralisation further south at Lewis, the intersection of broad high-grade zones at the Bruno end of the deposit, across a substantial strike length, is an extremely pleasing outcome and reflective of the excellent work carried out by the geological team.

“These results reinforce that the Cardinia area in general – and this northern part of Bruno in particular – contains significant areas of high-grade mineralisation both close to surface and at depth.

“The Phase 3 drilling program results continue to demonstrate the exceptional endowment, and enhance the underlying value of the Cardinia Gold Project.

“This drilling will be incorporated as part of a new Mineral Resource Estimate for Bruno-Lewis scheduled for the March quarter, that is anticipated to enhance our project-wide Mineral Resource inventory beyond the 1.15 million ounces figure announced in December 2020.

“The company has a number of exciting new exploration targets to test at Cardinia in 2021 that have similar geology, alteration and mineralisation indicators to those tested during 2020 in the Phase 3 program.

“The high-grade results delivered from the recent Bruno-Lewis drilling campaign provide further evidence that the Cardinia area is a major mineralised gold camp, similar in scale and style to other multi-million ounce gold camps along the Keith-Kilkenny Shear Zone that have supported other gold operations for many years.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@kinmining.com.au

 

Web: www.kinmining.com.au

 

Azure Minerals Encounters Mineralisation at Second Andover Drill Target

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THE DRILL SERGEANT: Azure Minerals (ASX: AZS) has encountered nickel and copper sulphide mineralisation at a second target on the company’s Andover nickel-copper project (60% Azure / 40% Creasy Group) in Western Australia.

Azure Minerals announced mineralisation has been observed in each of the first three diamond core holes (ANDD0009, ANDD0010 and ANDD0011) drilled at the VC-23 target.

The company explained that VC-23 comprises a high-order, yet separate and distinct group of surface fixed loop (FLTEM) and downhole (DHTEM) electromagnetic conductor plates located three kilometres northeast of the discovery VC-07 conductor.

“This is a very exciting result for Azure and highlights the potential of Andover to host multiple nickel-copper sulphide deposits,” Azure Minerals managing director Tony Rovira said in the company’s ASX announcement.

“EM surveying has identified numerous conductors indicative of bedrock-hosted sulphide mineralisation and, geologically, Andover does not appear to have any physical characteristics that may generate false positives.

“Importantly, wherever we have drilled an EM conductor at Andover we have intersected nickel-copper sulphide mineralisation and this 100 per cent hit-rate has continued with the successful drilling of the new targets at VC-23.

“While most of our drilling in 2021 will be focused on delivering a JORC mineral resource for the VC07 conductor several other significant, high-priority conductor targets have been identified and drilling of these will be tested concurrently.”

 

TO READ THE ANNOUNCEMENT IN FULL: CLICK HERE

 

Web: www.azureminerals.com.au

 

Trigg Mining Confirms Lake Throssell SOP Potential

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THE DRILL SERGEANT: Trigg Mining (ASX: TMG) reported encouraging initial assay results from partially completed maiden air-core drilling underway at the company’s 100 per cent-owned Lake Throssell Sulphate of Potash (SOP) project, located east of Laverton in Western Australia.

The drilling, which was confined to the northern half of the project area, has confirmed the presence of a broad palaeovalley at least 1km wide and potentially up to 3-4km wide in places.

A total of 74 brine samples collected during this first phase of drilling were submitted before Christmas for analysis, with results returning high grades of up to 11,519mg/L SOP (11.5kg/m3 ) with an average grade of 9,772mg/L SOP

The brine chemistry also suggests favorable characteristics for solar evaporation concentration and lower waste salt levels, with a low Na:K ratio and high SO4 concentration.

Air-core drilling is scheduled to recommence in late January 2021 (weather permitting), with assay results from the remainder of the drilling expected by early March.

A maiden JORC Mineral Resource Estimate is expected to be released next Quarter once the air-core drilling is complete and all results have been received and analysed.

The company has commenced work to estimate a maiden JORC Exploration Target for the Lake Throssell project, based on all available data gathered to date.

“We are pleased to have started the New Year with excellent assay results from the brine samples submitted to the laboratory prior to Christmas,” Trigg Mining managing director Keren Paterson said in the company’s ASX announcement.

“This provides the first definitive indication that we have a high-grade sulphate of potash discovery at Lake Throssell in both the surficial aquifer and the underlying palaeovalley.

“Subject to access and weather conditions, we expect to be drilling again shortly at Lake Throssell to complete the balance of the air-core program.

“In the interim, we have started work on a maiden Exploration Target and we expect to be in a position to complete our maiden JORC Inferred Mineral Resource next quarter.

“This will be the second Mineral Resource estimate for the company since listing – putting Trigg Mining on a clear path towards the development of a significant new Sulphate of Potash production hub east of Laverton in Western Australia.”

 

TO READ THE ANNOUNCEMENT IN FULL: CLICK HERE

 

Email: info@triggmining.com.au

Web: www.triggmining.com.au

 

RareX Encounters Further Shallow Mineralisation at Trundle

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THE DRILL SERGEANT: RareX Limited (ASX: REE) reported on ongoing drilling activities at the company’s Trundle gold-copper project Joint Venture, located in the Macquarie Arc of the Lachlan Fold Belt in New South Wales.

RareX received part assay results for holes TRDD011 and TRDD012 at the Trundle Park prospect that returned mineralised intervals with high-grade copper and gold zones.

TRDD011 assay results for the first 102m of 332m, including:

74m at 0.40 per cent copper and 0.37 grams per tonne gold from surface, including 42m at 0.64 per cent copper and 0.58g/t gold from 32m, including 14m at 1.69 per cent copper, and
1.39g/t gold from 58m, including 4m at 4.98 per cent copper and 3.36g/t gold from 68m; and

TRDD012 assay results for the first 220m of 581m, including:

29m at 0.1 per cent copper and 0.18g/t gold from 191m, including 2m at 0.87 per cent copper and 0.05g/t gold from 195m, and
1m at 0.09 per cent copper and 1.17g/t gold from 204m.

The company said the broad and multiple skarn horizons intersected within TRDD012 provide encouragement for expanding the footprint size potential of the at/near surface skarn system along strike and to depth.

It also noted that primary bornite, chalcopyrite, molybdenum and observations of discrete monzodiorite intrusions in TRDD012 to be providing encouragement for vectoring towards the interpreted causative porphyry system intrusive target and the current working geological model for the central Trundle Park prospect.

 

 

Email: info@rarex.com.au

 

Web: www.rarex.com.au

 

Impact Minerals Trumpets Red Hill Drill Intersection

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THE DRILL SERGEANT: Impact Minerals (ASX: IPT) stood up to report a stand out drill intercept achieved from the Red Hill prospect at the company’s Broken Hill nickel-copper-PGM project in New South Wales.

Impact Minerals drilled hole RHIPT034 to test a soil geochemistry anomaly along the southern contact of the Red Hill chonolith, which returned:

138 metres at 0.3 grams per tonne 3PGM (Pd+Pt+Au) from surface.

This intercept included several higher-grade intercepts of:

2m at 2.3g/t 3PGE from 75m, and 12m at 1.5g/t 3PGM and 0.2 per cent copper from 103 metres, including:

2m at 2.3g/t 3PGM, 0.3 per cent copper and 0.3 per cent nickel from 109m; and

2m at 1.1g/t 3PGM and 0.2 per cent copper from 135m.

Impact explained the result has, for the first time, demonstrated that the chonolith-shaped (tube-like) ultramafic intrusion at the Red Hill body hosts substantial thicknesses of disseminated PGM+/-copper+/-nickel mineralisation close to surface.

The intercept is open at depth and this is now a priority target area for follow up drilling.

Five other holes from the 2020 drill program also encountered intercepts in the chilled margin.

The term ‘chilled margin’ refers to the contact zone between a parent intrusion and the surrounding rock.

“Follow up drilling is clearly required to test the Red Hill intrusion at depth,” Impact Minerals said in its ASX announcement.

“To help optimise drill hole locations, modelling of the magnetic response of the intrusion to determine its geometry is currently underway using the extensive magnetic susceptibility data Impact has collected during its drill programs.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@impactminerals.com.au

 

Web: www.impactminerals.com.au