Impact Minerals Encounters High-Grade Nickel-Copper-PGE at Plat Central

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THE DRILL SERGEANT: Impact Minerals (ASX: IPT) reported high-grade assays for platinum group elements (PGE) with associated high-grades of nickel and copper at the Plat Central prospect within the company’s Broken Hill project in New South Wales.

Impact Minerals declared the assays to have confirmed – and are in line with – expectations it had following measurements made with a hand-held XRF instrument of nickel, copper and Impact’s proprietary geochemical ratio which has been shown to have a positive correlation with PGE grades.

Results include:

PSIPT030
1 metre at 22.7 grams per tonne 7PGE, 3.3 per cent nickel, 1 per cent copper, 23g/t silver and 755g/t cobalt.

The 7PGE grade comprises: 10.9g/t palladium, 7.3g/t platinum, 0.9g/t rhodium, 1.3g/t osmium, 1.4g/t iridium and 0.6g/t ruthenium and 0.1g/t gold.

PSIPT031
7m at 3.8g/t 7PGE, 0.6 per cent copper, 0.5 per cent nickel, 9.4g/t silver and 167g/t cobalt down hole, including 1m at 6.3g/t 7PGE, 1.2 per cent copper, 0.8 per cent nickel, 19g/t silver and 229g/t cobalt.

The 7PGE grade for the 1 metre intercept comprises: 3.6g/t palladium, 1.8g/t platinum, 0.1g/t rhodium, 0.2g/t iridium, 0.2g/t osmium and 0.1g/t ruthenium and 0.3g/t gold.

PSIPT021
3m at 3.3g/t 3PGE, 0.6 per cent copper and 0.4 per cent nickel from 52m down hole, including 1m at 4.7 g/t 3PGE, 0.9 per cent copper, 0.4 per cent nickel from 52m.

The 3PGE grade for the 1m intercept comprises: 3g/t palladium, 1.4g/t platinum and 0.3g/t gold.

“The strong lateral zonation evident in the mineralisation at Plat Central is characteristic of a process called ‘sulphide fractionation’, which is well understood in magmatic nickel-copper-PGE systems,” Impact Mineals said in its ASX announcement.

“The process results in a distribution of metals that is reasonably predictable: proximal nickel-dominant mineralisation passes into copper-dominant mineralisation and then more distal PGM-dominant mineralisation.

“This may occur over many scales varying from metres to kilometres.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@impactminerals.com.au

 

Web: www.impactminerals.com.au

 

Sky Metals Intersects High-Grade Copper-Gold at Galwadgere

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THE DRILL SERGEANT: Sky Metals (ASX: SKY) is conducting programs of RC percussion and diamond drilling at the company’s Galwadgere copper-gold project near Wellington in New South Wales.

Sky Metals is drilling to test the strike and depth extent of the Galwadgere copper-gold deposit.

Seven holes have been completed to date that have intersected what the company consider encouraging widths of copper sulphide mineralisation (chalcopyrite), pyrite, quartz veining and associated alteration.

Two zones of high-grade copper-gold mineralisation were intersected in GARC002 within a wide zone of copper-gold mineralisation, returning:

GARC002
53 metres at 0.55 per cent copper, 0.75 grams per tonne gold from 142m, including 6m at 1.04 per cent copper, 2.15g/t gold from 142m and, 5m at 1.98 per cent copper, 3.91g/t gold from 183m.

“Results from drillhole GARC002 are considered both very exciting and extremely encouraging,” Sky Metals CEO Mark Arundell said in the company’s ASX announcement.

“The copper sulphide mineralisation and veining encountered in both the RC and diamond drillholes provides SKY with great confidence in the potential of the Galwadgere copper-gold project.

“Diamond and RC drilling at Galwadgere is part of the company’s aggressive exploration program focussed on drill testing high-potential targets.

“Currently, drill testing of high-quality gold targets at Hamilton (Cullarin project) and Caledonian is in progress.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@skymetals.com.au

 

Web: www.skymetals.com.au

 

 

De Grey Mining Hits Depth Extensions and Visible Gold at Falcon

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THE DRILL SERGEANT: De Grey Mining (ASX: DEG) reported a drilling update from the Falcon zone within the company’s Hemi gold discovery near Port Hedland in Western Australia.

De Grey Mining carried out aircore drilling at the new Falcon intrusion, located approximately 600 metres west of the Brolga deposit and immediately south of the Aquila deposit.

The drilling encountered a broad mineralised zone extending from 800m to more than 1,000m along strike and 300m below surface at Falcon.

Results include:

HERC296
31 metres at 3.3 grams per tonne gold from 101m.

Tis intersection was achieved 50m downdip of a previous intersection of 50m at 3.3g/t gold from 50m in HERC265.

Mineralisation is interpreted to remain open across strike and down dip.

Elsewhere 42m of sulphide altered intrusion containing visible gold was intersected in HERC402D, extending mineralisation 50m – 100m below a previous intersection of 25m at 2.2g/t gold from 124m in HERC256.

Mineralisation is open down dip of HERC402D and up dip of HERC256.

Other intersections encountered along the mineralised zone include:

HERC414
74m at 0.9g/t gold from 88m and 31m at 1.3g/t gold from 209m; and

HERC412
32m at 2.4g/t gold from 43m and 8m at 5.5g/t gold from 99m.

De Grey claimed the intrusion to be now defined by aircore drilling over approximately three kilometres in strike.

Strong mineralisation has been defined over a strike length of approximately 1km with bedrock mineralisation covered by approximately 30m to 40m of transported material, similar to the Aquila, Brolga and Crow deposits.

“Falcon was identified as a separate intrusion zone at Hemi in September,” De Grey Mining managing director Glenn Jardine said in the company’s ASX announcement.

“The company has been following up the initial positive shallow aircore drill results with infill and extensional RC and diamond drilling.

“The latest results demonstrate the gold endowment of this zone along a strike of 1,000 metres and to a depth of at least 300 metres.

“Mineralisation remains open down dip, along this strike and up dip on some sections.

“Falcon has the potential to provide an important contribution to the overall gold endowment at Hemi.

“Extensional RC and diamond drilling will remain a focus at Falcon.

“The company has seven drill rigs operating on site; two aircore rigs, three RC rigs and two diamond rigs.

“A third diamond rig is being mobilised and is expected to commence by early December.

“As well as delineating the existing zones at Hemi, aircore and RC drilling is now progressively expanding to known and new intrusive targets in the Greater Hemi area.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@degreymining.com.au

 

Web: www.degreymining.com.au

 

Great Boulder Resources Extends Mulga Bill Strike

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THE DRILL SERGEANT: Great Boulder Resources (ASX: GBR) recently completed a round of air-core (AC) and auger programs at the company’s Side Well gold project near Meekatharra in Western Australia.

Great Boulder Resources declared the AC program had confirmed the strike of mineralisation within the Mulga Bill corridor, demonstrating multiple parallel north-south mineralised trends.

The AC program was designed to infill the 400m line spacing of previous drilling, bringing coverage to an average line spacing of 200m, with an aim to add further confidence to the geological interpretation.

New results include:

20MBAC020
6 metres at 2.04 grams per tonne gold from 81m;

20MBAC050
4m at 2.33g/t gold from 44m; and

20MBAC030
7m at 1.13g/t gold from 80m.

The company now claims to have identified gold over more than 3.7 kilometres of strike with mineralisation remaining open to the north and south.

Follow-up drilling program will commence as soon as Great Boulder is able to access a drill rig, a task that is becoming increasingly difficult in the Western Australia exploration sector of late.

“Our exploration program at Side Well is progressing nicely, with these excellent air-core results at Mulga Bill plus the auger anomalies in a new prospect to the east,” Great Boulder Resources managing director Andrew Paterson said in the company’s ASX announcement.

“We’ve decided to return to Mulga Bill for another round of AC drilling, with 4,000 metres planned in the next campaign before we commence RC drilling.

“The auger results east of Mulga Bill highlight gold potential in an area that’s never been explored before, and appear to be the northern continuation of structures coming north from the Gabanintha gold project.

“The Great Boulder technical team believes that this eastern target has significant potential.

“We have more auger work planned there, and at the northern end of the project, which is set to commence as soon as possible.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@greatboulder.com.au

 

Web: www.greatboulder.com.au

 

Black Cat Syndicate Studies Support Production Aspirations

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THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) has taken some long strides towards development of the company’s Kalgoorlie-based gold production aspirations.

Black Cat Syndicate controls a healthy tract of ground, some 756 square kilometres, east of Kalgoorlie that contains JORC 2012-compliant Mineral Resources of 884,000 ounces of gold.

The company’s stated objective is to construct a 500,000 tonnes per annum processing facility – be designed to be readily expandable – capable of treating multiple feed sources and targeting full production in the March 2022 quarter.

Initial Scoping Studies have demonstrated a strong case for development exists as drilling continues to grow Resources.

The company’s first round of Studies used only 40 per cent (357,000oz) of current Resources, leaving a healthy 527,000 ounces in Resources for future Studies.

“The Studies demonstrate that Black Cat is well on its way to achieving its strategic objectives,” Black Cat Syndicate managing director Gareth Solly said in the company’s announcement to the ASX.

“This first round of Studies is just a starting point with only 40 per cent (357,000oz) of our current Resources considered and upgrades expected on the back of our current +60,000 metres drilling program.

The Studies are robust with around 70 per cent of Production Targets sourced from Indicated Resources and skewed heavily towards the initial production years.

“Myhree provides strong early cashflow and Imperial/Majestic has excellent high-grade underground mining potential.

“The existing Resource at Imperial/Majestic was modelled mainly for open pit mining and current drilling is validating the higher-grade underground potential.

“Importantly, 2020 drilling at Imperial/Majestic is yet to be included in the Study and will be incorporated into an updated Resource along with revised underground designs.

“The Fingals Fortune Resource was increased by 53 per cent after only the first drill program.

“Results from the second drill program are already showing the potential for further extensions.

“Accordingly, there is strong potential for a substantially larger open pit at Fingals Fortune in the near term.

“A processing facility solution is advancing with design, procurement and timing on track as per our detailed announcement, also issued today.

“We have also expedited our +60,000 metres drilling program given our recent success.

“Drilling has only just started at Imperial/Majestic and Fingals Fortune.

“In addition, there is still plenty of opportunity at Bulong and we have not even touched Rowe’s Find.

“We will continue to optimise this first round of Studies as Resources and Ore Reserves are defined and grown over the coming months.

“Updates will be provided on an ongoing basis. So, this is a great start and plenty more to come.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@blackcatsyndicate.com.au

 

Web: www.blackcatsyndicate.com.au

 

 

Prodigy Gold Drilling at Scimitar Gold Target

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THE DRILL SERGEANT: Prodigy Gold (ASX: PRX) has diamond drilling underway at the company’s Reynolds Range project in the Northern Territory.

Prodigy Gold is drilling to follow up the receipt of several high-grade surface sampling results that confirm the presence of a strong gold and base metal anomaly at the Scimitar Target.

The company recently undertook a moving loop EM (MLEM) survey over the Scimitar Target that resulted in detailed mapping that identified evidence of copper mineralisation at surface within a 3km long geochemical anomaly.

“The EM conductor identified in a historic survey was confirmed by the recent ground based moving loop EM survey,” Prodigy Gold managing director Matt Briggs said in the company’s announcement to the ASX.

“Strong geochemical anomalism over a large area has led to us prioritising this target for drilling.

“The initial drilling is designed to intersect the most conductive areas of the modelled EM anomaly.

“Two holes are being drilled 600 metres apart.

“The recent encouraging surface sampling results provide support for a metal mineralising event at Scimitar.

“The first two holes will give insight into the stratigraphy and potential structures in the area along with testing for sulphide related metal mineralisation.

“The drilling of one hole is co-funded by the Northern Territory government as part of the Resourcing the Territory initiative.

“This is the first of a number of targets to be drilled at Reynolds Range in the coming months.

“Drilling is also planned to extend the Falchion and Sabre Targets and the Reward Deposit.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@prodigygold.com.au

 

Web: www.prodigygold.com.au

 

 

Trigg Mining Commences Lake Throssell Sulphate of Potash Drilling

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THE DRILL SERGEANT: Trigg Mining (ASX: TMG) commenced a program of air-core drilling program at the company’s 100 per cent-owned Lake Throssell Sulphate of Potash (SOP) project, located east of Laverton in Western Australia.

Due to a late start to the planned program due to the high level of competition for drilling resources across WA in the second half of 2020, Trigg Mining expects to announce a maiden Mineral Resource estimate, subject to results, in the first Quarter of 2021.

The air-core drilling, being the first-ever holes to be drilled to depth at Lake Throssell, will comprise up to 38 core holes targeting the basal aquifer, interpreted by the company to be around 130 metres below surface based on the interpretation of gravity-gravity surveys.

The basal aquifer is expected to lie within the deepest part of the palaeovalley known as the ‘thalweg’, which is interpreted to be up to 2km wide in places and extends for up to 46km within the current granted tenement and up to 80km through the project area.

“We are very excited to be drilling the basal aquifer at Lake Throssell, which has been the company’s primary focus since acquiring the SOP projects and listing on the ASX in October last year,” Trigg Mining managing director Keren Paterson said in the company’s announcement to the ASX.

“The results of this program are expected to provide sufficient detail to calculate an Inferred Mineral Resource estimate for Lake Throssell, which 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 FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@triggmining.com.au

 

Web: www.triggmining.com.au

 

 

Moho Resources Preparing Early Start to 2021 Drilling Regime

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THE DRILL SERGEANT: Moho Resources (ASX: MOH) is focussing on next year with the announcement that drilling will recommence in January 2021 at the Crossroads gold/silver prospect, part of the company’s Burracoppin gold project in Western Australia.

Moho Resources has already completed a maiden aircore drilling program at Crossroads, which is located about 22 kilometres west of the Edna May gold mine.

The drilling in June returned results of individual one-metre samples, having encountered gold/silver mineralisation in bedrock with up to 0.61 grams per tonne gold and 5.53g/t silver in bottom of hole (BOH) samples.

The gold mineralisation is associated with other pathfinder elements identified as silver, arsenic, antimony, tellurium and bismuth.

Moho was recently awarded a co-funded drilling grant of up to $147,526 from the WA Government as part of its Exploration Incentive Scheme.

“Moho greatly appreciates the WA government’s financial assistance under the Exploration Incentive Scheme to test the Crossroads gold/silver prospect for a potential Intrusive Mineral System,” Moho Resources managing director Shane Sadlier said in the company’s ASX announcement.

“We are looking forward to implementing our maiden RC and diamond drill programs early next year.”

Moho’s maiden 25-hole reverse circulation (RC) drill program will commence in January 2021, targeting extensions to the previously defined shallow bedrock gold and silver mineralisation at the Crossroads prospect.

Three diamond holes will be drilled at locations to be determined following receipt of the RC assay results.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@mohoresources.com.au

 

Web: www.mohoresources.com.au

 

Cyprium Metals Commences Murchison Geophysical Programs

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THE DRILL SERGEANT: Cyprium Metals (ASX: CYM) announced commencement of geophysical programs across the company’s Murchison copper-gold projects in Western Australia.

Cyprium Metals will be carrying out the programs on the Cue copper-gold project and the Nanadie Well copper-gold project in order to define further copper mineralisation at the company’s Murchison project areas.

Anu promising anomalies to emerge from the programs will be drill tested in 2021, pending regulatory approvals and drill rig availability.

“We are very pleased to have rapidly procured and mobilised the services of the various teams and drilling contractors to commence our program of works following the recent oversubscribed capital placement and Share Purchase Plan,” Cyprium Metals executive director Barry Cahill said in the company’s ASX announcement.

“Cyprium is about to embark on an exciting stage of its progress, targeting in on extending the mineralisation inventory at Cue through the use of geophysics and drilling out the mineralisation at Nanadie Well, to upgrade to a JORC 2012-complaint mineral resource while expanding the resource base and examining the along strike and depth potential of the system.

“The work will provide valuable information to be included in the accelerated programs, commencing in the new year, to follow up on the results from the geophysical programs and to analyse the core produced from diamond drilling, whilst commencing the drilling of the Nanadie Well supergene zone.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Web: www.cypriummetals.com

 

Azure Minerals Continues Nickel Hits at Andover

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THE DRILL SERGEANT: Azure Minerals (ASX: AZS) reported on the latest drilling carried out at the company’s Andover nickel-copper project in Western Australia.

Azure Minerals reported that the most recent hole, ANDD0005, intersected a 20.8 metres-wide zone containing intervals of nickel-copper mineralisation, including massive and semi-massive sulphides.

This latest mineralised intersection is located approximately 40m up-dip from a 38m-wide sulphide zone the company achieved in the previous hole ANDD0004.

All five holes Azure has completed to date intersected intervals containing substantial widths of nickel-copper sulphide mineralisation.

Each hole encountered massive, matrix and disseminated nickel and copper sulphides coincide with strong electromagnetic conductors detected by surface fixed loop (FLTEM) and down hole (DHTEM) electromagnetic surveys.

Azure has drilling continuing with ANDD0006 underway to test for down-dip mineralised extensions with a planned intersection point in the VC7 conductor plate approximately 50m below the sulphide zone intersected in ANDD0004.

This will be followed by step-out drilling to the west-northwest to test the along-strike extent of VC7.

Follow-up downhole EM surveying will then provide greater definition on the vertical / down-dip extent of the VC7 conductor.

Based on FLTEM surveying completed to date, 12 separate conductor anomalies have been identified within the Andover project area.

Drilling to test the highest priority conductors is being planned and, subject to drill rig availability, likely to commence in the first quarter of 2021.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@azureminerals.com.au

 

Web: www.azureminerals.com.au