Antipa Minerals Increases Calibre Gold Resource to 2.5Moz

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THE DRILL SERGEANT: Antipa Minerals (ASX: AZY) reported an increase to the Mineral Resources Estimate (MRE) on the Citadel Joint Venture Project, which is 68 per cent-owned by the company’s JV partner Rio Tinto Exploration with Antipa holding 32 per cent.

Antipa Minerals announced a 19 per cent increase to the Inferred MRE at the Calibre deposit within the project to:

• 2.5 million ounces of gold, 115,000 tonnes of copper and 1.6 million ounces of silver contained within 111 million tonnes at 0.71 grams per tonne gold and 0.1 per cent copper and 0.44g/t silver

• 3.1 million gold-equivalent ounces at 0.86 g/t gold-equivalent1

The Calibre deposit is located 45km east of Rio Tinto’s Winu copper-gold-silver resource and Ngapakarra gold-copper deposit.

“This update reaffirms that Calibre, which was discovered by Antipa, is a very large-scale gold-copper-silver mineral system with significant growth potential located in the rapidly advancing tier-one Paterson Province,” Antipa Minerals managing director Roger Mason said in the company’s ASX announcement.

“The scale of the Calibre deposit in conjunction with its off-the-shelf metallurgical characteristics and shallow, predominantly free-digging, post-mineralisation cover, should suit a potential large scale open pit mining development scenario.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Hammer Metals Identified New North Queensland Copper-Gold Drill Targets

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THE DRILL SERGEANT: Hammer Metals (ASX: HMX) has been busy of late, identifying several high-quality copper-gold targets within the company’s 100 per cent-owned tenure that forms part of its Mount Isa project in north-west Queensland.

Hammer Metals is conducting soil sampling across multiple targets within these areas, concentrating on soil sampling and geological mapping at the Tourist Zone, Overlander North, Kalman East and South, as well as Mascotte North.

This work is generating new targets to test as part of the company’s next Mount Isa drilling program.

“An extensive soil sampling program at Tourist Zone and Kalman continues to generate high-quality drill targets,” Hammer Metals managing director Daniel Thomas said in the company’s ASX announcement.

“The identification of a more significant gold and copper trend to the south of previous drilling is highly encouraging given that the historical drilling at the northern target generated copper intercepts of up to 37 metres at one per cent copper (TRC-019).

“These trends are highly anomalous and are supported by our geological reconnaissance which has identified mineralisation on surface.

“These prospects have never been drilled before and offer potential for further discoveries on our 100 per cent-owned Mount Isa tenure.

“Hammer has been systematically identifying untested trends and anomalies within our extensive tenement position for further investigation by soil sampling and geological reconnaissance.

“The exciting results emerging from Hammer’s initial work at Kalman and Tourist Zone are very pleasing and highlight the untapped potential of this project for further discoveries.”

Hammer has preparations underway for upcoming drilling with activities including refining drilling locations, environmental authorisations, heritage clearances and preparatory earthworks.

Drilling is expected to commence in late September 2024.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Corazon Mining Commences Mt Gilmore Copper-Gold Drilling at May Queen

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THE DRILL SERGEANT: Corazon Mining (ASX: CZN) has started drilling at the May Queen copper-gold porphyry target within the company’s Mt Gilmore project in New South Wales.

Corazon Mining is to carry out an initial two-hole diamond core program testing the priority May Queen target that it identified by way of two phases of advanced alteration mineral chemistry studies earlier this year.

Corazon considers the May Queen prospect to hold mineral chemistry characteristics typical of giant porphyry copper-gold deposits supported by outcropping sulphide mineralisation, favourable hydrothermal alteration, a coincident high-copper-in-soil signature, and geophysical anomalism.

“May Queen is a particularly exciting target,” Corazon Mining managing director Brett Smith said in the company’s ASX announcement.

“The entire twenty-kilometre strike of the Mt Gilmore project displays many characteristics typical of large porphyry copper-gold systems.

“The identification of May Queen as a distinct high priority target, at this very early stage of exploration, provides a great opportunity for Corazon and will be a good initial test of the advanced mineral vectoring targeting methodologies provided by CODES and the University of Tasmania.”

The May Queen target is located approximately 6.5 kilometres northwest of Corazon’s most recent drilling at Mt Gilmore at the Gordonbrook Hill prospect, and 15 kilometres northwest of the project’s most advanced exploration prospect, the drill-defined Cobalt Ridge cobalt-copper-gold sulphide deposit.

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

ACDC Metals Confirms Strandline Discovery at Watchem North Project

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THE DRILL SERGEANT: ACDC Metals (ASX: ADC) confirm the discovery of new strandline mineralisation at the company’s Watchem North heavy mineral sand project in Victoria.

ACDC Metals reported assay results from a follow-up drilling program completed at the Watchem North heavy mineral sand project during May 2024, the results of which confirmed the discovery of a new 1.5 kilometres-long strandline at shallow depth of between 10 and 25 metres.

Results from the recent drilling program include:

24WN155
6 metres at 2.8 per cent heavy minerals (HM) from 15m, including 3m at 4.4 per cent HM from 15m;

24WN160
9m at 3.23 per cent HM from 10.5m, including 4.5m at 5.26 per cent HM from 13.5m; and

24WN162
28.5m at 1.06 per cent HM from 9m, including 1.5m at 7.94 per cent HM from 18m.

“Our 2024 drilling campaign keeps delivering new discoveries across our project portfolio, and these assays from our Watchem North project are no exception,” ACDC Metals CEO Tom Davidson said in the company’s ASX announcement.

“Results confirm new strandline style mineralisation.

“This is an important development for the project which in a region (sic) that has seen prior mining by Iluka Resources.”

Elsewhere in its portfolio, ACDC Metals has engaged Snowden Optiro to complete a mineral resource estimate (MRE) update for the company’s Goschen Central project (EL5278).

The MRE update will incorporate aircore drilling that was completed in January 2024, with assays released to the market in March 2024.

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Noronex Gets Activity Underway at Humpback-Damara Earn-In with South 32

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THE DRILL SERGEANT: Noronex (ASX: NRX) has commenced an extensive gravity survey over the Humpback-Damara Project within its Kalahari Copper Belt exploration portfolio in Namibia.

Noronex is conducting activity at the project under an Earn-in of Agreement with a wholly owned subsidiary of South32.

The Humpback project is located in newly-granted 100 per cent-owned Noronex tenements and contains a number of domal structures encompassing the prospective NPF-D’Kar contact.

Copper mineralisation intersected in historical and recent Noronex drilling appears to have many hallmarks of other Botswana deposits.

Noronex has already received funding to the tune of $750,000 for the first quarter under the Earn-in Agreement with South32 to pay for the activities underway with the company’s Namibian exploration team.

Under the terms of the agreement, South32 is to stump up $15 million in exploration funding to Noronex over a period of five years in return for an option to acquire 60 per cent of the Humpback-Damara project.

The Strategic Alliance with South32 has already identified projects in Namibia for further analysis.

A payment of $200,000 has been received from South32 for the commencement of the Strategic Alliance.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Dreadnought Resources Encounters Thick High-Grade Gifford Creek Carbonatite Niobium Intercepts

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THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) has added niobium to its suite of critical minerals following recent drilling at the company’s 100 per cent-owned Gifford Creek Carbonatite, part of its Mangaroon project in the Gascoyne Region of Western Australia.

Dreadnought Resources took receipt of assays for the first four holes of a 19 RC hole program undertaken at the Stinger niobium prospect that returned results including:

CBRC176
50 metres at 0.9 per cent niobium from 49m, including 20m at 1.3 per cent niobium from 56m;

CBRC174
38m at 0.5 per cent niobium from 58m, including 6m at 1.2 per cent niobium from 60m; and

CBRC175
66m at 0.4 per cent niobium from 52m, with 15m at 15 per cent phosphorus pentoxide (P2O5) from 103m.

“The Gifford Creek Carbonatite has produced some of WA’s best niobium intercepts outside the Arunta Province and this program has delivered our thickest and highest-grade intercept to date,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.

“These results support our staged approach to assessing the Gifford Creek Carbonatite and highlight the significant potential at Stinger to host high-grade mineralisation.

Next steps at Stinger include assessment of oxide mineralisation and identifying the fresh rock source of the niobium.

“We continue to see the potential for Mangaroon to evolve as a multi commodity critical metals hub within proximity to existing infrastructure with mutual benefit to pastoralists, existing ports and neighbouring projects.

“We look forward to receiving the remaining assays from this program and designing follow up programs after our gold and base metal drilling, which is currently underway.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Astral Resources Confirm Kamperman Potential from Further RC Drill Results

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THE DRILL SERGEANT: Astral Resources (ASX: AAR) reported assay results from recently conducted RC drilling at the Kamperman prospect within the company’s 100 per cent-owned Feysville gold project near Kalgoorlie in Western Australia.

Astral Resources received assay results for the final three holes from what was a 26-hole RC infill and extensional drilling program at the Kamperman prospect that included:

FRC350
10 metres at 5.04 grams per tonne gold from 99m; and

FRC360
32 metres at 2.13g/t gold from 125m.

The company explained the in-fill drilling results continue to support its interpretation of a very continuous, steeply west-dipping, zone of high-grade gold mineralisation in the southern part of the deposit.

A maiden Mineral Resources Estimate (MRE) for Kamperman is scheduled to be reported in the September Quarter as part of an updated MRE for the broader Feysville gold project.

Feysville already hosts an MRE of 3 million tonnes at 1.3g/t gold for 116,000 ounces of contained gold at the Think Big deposit, which Astral considers being a foundation for the project to potentially become a source of satellite ore feed for a future operation based on its nearby Mandilla gold project.

“We had already considered this 26-hole drill program to be the most successful program completed to date at Kamperman, and when you include these final three holes – we are now certain of it!” Astral Resources managing director Marc Ducler exclaimed in the company’s ASX announcement.

“These latest results strengthen our geological interpretation of a broad, 30-metre-wide zone of consistent high-grade gold mineralisation across multiple sections in the southern part of the Kamperman deposit.

“This bodes well for the upcoming maiden Mineral Resource Estimate for Kamperman as part of the wider Feysville gold project.

“The exploration focus has now returned to the Theia deposit, the cornerstone of our flagship Mandilla gold project, where the first phase of a new infill RC drilling program commenced early this month.

“On completion of the phase one program, Astral will return to Feysville for further in-fill and extensional RC drilling at Kamperman, as well as follow up on two significant greenfield gold anomalies announced in July 2024 to the north-west of Kamperman.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Miramar Resources Gets EIS Co-Funded Drilling Underway at Bangemall

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THE DRILL SERGEANT: Miramar Resources (ASX: M2R) has kicked off its first drilling campaign within the company’s 100 per cent-owned Bangemall project in the Gascoyne region of Western Australia.

Miramar Resources explained the initial RC drilling campaign is co-funded through the WA government’s Exploration Incentive Scheme (EIS) and will test several airborne +/- ground EM anomalies identified at Mount Vernon and Trouble Bore via the company’s earlier exploration efforts.

Miramar declared itself as being the first explorer to specifically target Norilsk-style mafic intrusion-hosted nickel, copper, cobalt and platinum group element (PGE) mineralisation within WA’s Capricorn Orogen.

“Mafic intrusion-hosted magmatic nickel-copper-cobalt-PGE deposits are some of the largest and most valuable metal deposits in the world, remaining profitable at low nickel prices and therefore worth exploring for, even in the current depressed nickel market,” Miramar Resources executive chairman Allan Kelly said in the company’s ASX announcement.

“The Edmund and Collier Basins are recognised by the GSWA, Geoscience Australia and the CSIRO as displaying all the key ingredients for Norilsk-style mineralisation: major deep crustal-scale structures, Warakurna-age dolerite sills and extensive sulphide and/or sulphate-rich sedimentary units.

“In addition to providing financial assistance, the EIS funding is further endorsement of the merits of Miramar’s geological model and targeting to date.

“We’ve spent the last three years gathering data and developing these targets, so we’re excited to be commencing our maiden drill campaign and testing our concepts.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Artemis Resources Claims High-Grade Gold Vein Discovery at Titan Prospect

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THE DRILL SERGEANT: Artemis Resources (ASX: ARV) clamed discovery of high-grade gold in veins at the Titan prospect within the company’s Karratha gold project, in the Pilbara region of Western Australia.

Artemis Resources recently carried out ground reconnaissance to follow up previously reported work that has delivered further gold occurrences in areas that were previously only lightly explored.

The company mapped the prospective surface veins hoping to identify additional fertile structures that may contain gold and copper mineralisation.

This work identified several large-scale vein trends as well as a vein zone with coarse visible gold at the Titan prospect.

“We remain excited by the gold prospectivity that our tenements continue to deliver,” Artemis Resources executive director George Ventouras said in the company’s ASX announcement.

“The re-focus of exploration efforts and strategy on a tenement wide scale is continuing to deliver evidence of multiple new zones for gold mineralisation, which we believe could contain the potential for large scale deposits.

“The next steps will allow us to refine these zones, delineate bona-fide prospects and work towards more targeted exploration efforts.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Future Battery Minerals Identifies New Pegmatite Targets at Miriam

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THE DRILL SERGEANT: Future Battery Minerals (ASX: FBM) has identified 13 new pegmatite targets across a six kilometre tenement strike of the company’s Miriam lithium project located immediately north of its Kangaroo Hills lithium project (KHLP).

Future Battery Minerals made he identifications via a review and reinterpretation of geophysical data from the Miriam project.

The company has determined the structures to be analogous to the Big Red pegmatite at KHLP, approximately 2 kilometres south, and are associated with coincident resistivity and gravity low anomalies.

Five of these structures have aligned with a 1.6 kilometre north-south strike soil anomaly and outcropping spodumene-bearing pegmatite, which the company suggests demonstrates potential for an extensive shallow pegmatite system at the southern end of Miriam.

Future Battery Minerals made a strategic acquisition of an 85 per cent interest in the Miriam project in May 2024, expanding its regional position to the north of the KHLP.

“Armed with existing geological knowledge of our adjacent Kangaroo Hills Project, we were able to kick off analysis and target-generation activities at the Miriam Project prior to acquisition completion,” Future Battery Minerals managing director and CEO Nick Rathjen said in the company’s ASX announcement.

“Southern Geoscience’s review is now complete and has delivered promising results, with 13 new pegmatite targets identified across the tenement area.

“Particularly noteworthy are the five discrete structures coinciding with a significant soil anomaly and an outcropping spodumene-bearing pegmatite, which bear striking similarities to the Big Red pegmatite at KHLP.

“These targets have us excited for the considerable lithium potential of the Miriam Project, and we are eager to commence follow-up surface sampling to further refine our targets.

“We are currently conducting a wide-spaced extensional soil sampling program to test for potential blind, subsurface pegmatites, including in the northern area of the tenure.

“Once this is complete and following successfully acceptance of our EIS application for co-funding for the initial drilling program at Miriam, we plan to commence drilling in the first half of CY2024.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE