Auteco Metals Drilling at Pickle Crow Gold Project

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THE DRILL SERGEANT: Auteco Minerals (AUT.ASX) has commenced its first diamond drilling program at the company’s Pickle Crow gold project in Ontario, Canada.

Auteco Minerals indicated the program is to target shallow high-grade gold targets the company identified during recent technical work at the project.

The initial exploration program is to consist of 5,000 metres of diamond drilling and is the first systematic exploration conducted at the property in more than 50 years.

Auteco explained the drilling is designed to follow up on multiple high-grade, shallow gold targets within the top 300m that lie outside historically defined resource areas.

“This is an exciting time for the company as we commence the first systematic exploration on the project since the mine closed in 1966 after successfully producing 1.5 million ounces of gold at 16 grams per tonne gold,” Auteco Minerals executive chairman Ray Shorrocks said in the company’s announcement to the Australian Securities Exchange.

“Exploration activities are proceeding in line with 2020 field objectives with maiden drilling targeting high-grade, walk-up drill targets designed to bring new resource areas into JORC compliance.

“In addition, Auteco is working to deliver a maiden JORC 2012 compliant resource for the Pickle Crow mine area.

“This resource will be focussed on the high-grade underground mineable mineralisation at the Pickle Crow deposit that was the focus of profitable mining from 1935 to 1966.

“The Auteco technical team are active in the field, working to prioritise the multiple drill-ready, high-grade gold targets across the 320 square kilometres Pickle Crow gold project area through ongoing geological, structural and geophysical reviews during the current field season.”

 

Email: info@autecominerals.com.au

Web: www.autecominerals.com.au

 

Emmerson Resources Commences Drilling at Kiola Gold-Copper Project

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THE DRILL SERGEANT: Emmerson Resources (ASX: ERM) has commenced a diamond drilling program at the company’s Kiola gold project in New South Wales.

Emmerson Resources intends to drill a minimum 2,000 metres of diamond drilling to test targets within the 15 square kilometres Kiola Geochemical Zone (KGZ) – an area the company considers highly anomalous gold-copper and historic workings.

No previous deep drilling has been carried out in the area previously, despite strong indications of gold-copper mineralisation from surface.

Kiola is in a good neighbourhood, sitting within the Molong Belt, which hosts the recent Boda copper-gold discovery of Alkane Resources and Newcrest’s Cadia-Ridgeway deposits.

Emmerson ranks the Kiola project highly amongst the company’s expansive portfolio of early stage gold-copper projects.

Recent work has confirmed that the KGZ contains attributes associated with world class porphyry gold-copper mineralisation and is divided into a northern area centred on the Nasdaq skarn, and a southern area around the South Pole, Kiola and Right Hand Creek mine.

Activities have involved around 15-line kilometres of Induced Polarisation (IP) geophysics collected in late 2019 that reinforced the depth potential of the target areas, particularly when combined with the geochemistry, age dates, intrusion fertility plots and geology and taking into account the limited exposure of the Ordovician stratigraphy due to soil cover.

The current diamond drill program is to consist five holes and is expected to be completed in late June 2020 with assay results in August 2020.

The program will in part be co-funded by the $100,000 New Frontiers Cooperative Drilling grant from the NSW Government.

“We are pleased to commence drilling at Kiola after implementing a number of measures to mitigate COVID19 health risks in accordance with state and national protocols,” Emmerson Resources managing director Rob Bills said in the company’s announcement to the Australian Securities Exchange.

“We remain committed to protecting our employees, contractors and surrounding communities and look forward to drill-testing a variety of gold and copper targets across the project area.

“Stage 1 drilling at Kiola will test priority targets within the Kiola Geochemical Zone, a approximate 15 square kilometres area of elevated gold and copper geochemistry, historic copper workings, and skarns that contain gold, copper and zinc.

“There has been no deeper drilling within the zone to test for the source of the gold and copper mineralisation.”

 

Email: admin@emmersonresources.com.au

 

Web: www.emmersonresources.com.au

 

St George Mining Commences Major Mt Alexander Drill Program

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THE DRILL SERGEANT: St George Mining (ASX: SGQ) has commenced a multi-rig drill program at the company’s Mt Alexander project, located in the north-eastern Goldfields of Western Australia.

This program is to include reverse circulation (RC) drilling across a range of nickel-copper sulphide targets and diamond drilling testing new conductive features identified by magnetotelluric (MT) and audio-magnetotelluric (AMT) surveys completed earlier this year.

St George explained the new conductive targets are located deeper than the current extent of drilling and believes they have potential to deliver new nickel-copper sulphide discoveries.

RC drilling has already started and will focus on testing shallow targets at the Fish Hook and West End Prospects, as well as completing the resource definition drilling at the high-grade Stricklands deposit.

“We are excited to be commencing this highly anticipated drill program at Mt Alexander,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.

“The shallow deposits discovered to date confirm that the mineral system at the Cathedrals Belt hosts outstanding mineralisation with high grades of nickel, copper, cobalt and platinum group metals.

“The MT survey completed this year has confirmed the presence of conductive features beyond the current extent of drilling.

“This new data is a significant breakthrough in exploration at Mt Alexander.

“It has provided a blueprint to the structural framework of the mineral system that will guide our drilling of the deeper targets.

“In addition to drilling these deep conductive targets, we are excited to begin the first ever drilling at the Fish Hook prospect.

“With a high-order soil anomaly coupled with EM anomalism and interpreted ultramafic intrusives, this drilling has the potential to deliver another greenfields nickel sulphide discovery.

“We are also pleased that this drill campaign will include the resource definition at the shallow Stricklands deposit.

“With high-grade mineralisation starting 30 metres from surface, we believe Stricklands can support a low capital cost, high-margin mining operation that we can fast-rack to development.”

 

Web: www.stgeorgemining.com.au

 

Middle Island Resources Racks-up Further Encouraging Sandstone Drill Results

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THE DRILL SERGEANT: Middle Island Resources (ASX: MDI) has continued its run of encouraging results from a Phase 1, reverse circulation (RC) drilling program recently completed at the company’s 100 per cent-owned Sandstone gold project in the central goldfields of Western Australia.

Middle Island Resources conducted the Phase 1 RC program, focussing on open pit targets at Sandstone.

The company has subsequently tested around 14 gold deposits and prospects, all within four kilometres of its 100 per cent-owned gold processing plant and the majority on permitted Mining Leases.

The latest results came from 1m assays derived from drilling at the Twin Shafts deposit and Tailings South prospect, along with eight remaining assay results from the Two Mile Hill deposit.

These included an extended intercept of 22m at 1.42g/t gold at the Two Mile Hill deposit, providing further confidence of deepening of the optimum open pit and, therefore, the associated gold processing inventory.

Drilling at the southern extremity of the Twin Shafts deposit identified a modest grade mineralised extension that will still be estimated and included as a maiden Mineral Resource for assessment in Sandstone’s feasibility study update.

Middle Island noted that the proximity of the Twin Shafts mineralised extension to the existing in-pit tailings storage facility means that mining may expand the tailings capacity and waste generated by that mining may be used for a planned tailings dam lift and/or expansion, providing an economic benefit in addition to potential mill feed.

Results relating to the remaining 44 holes of the Phase 1 RC drilling program are anticipated to be compiled and released next week.

These results relate to Sandstone’s Shillington and Goat Farm deposits, the Ridge prospect, and the G2 & G3 gravity targets.

“Given the extraordinary success of the 2020 Sandstone drilling campaign to date, identifying a fifth new deposit was always going to be a stretch,” Middle Island Resources managing director Rick Yeates said in the company’s announcement to the Australian Securities Exchange.

“Despite the anticipation, we are unable to do so on this occasion, but Phase 1 RC drilling results from the remaining deposits and prospects are still being received and compiled.

“Despite this, the revised intercept of 22 metres at 1.42 grams per tonne gold in MSRC304 at Two Mile Hill is extremely encouraging, particularly given its disposition relative to the $2,500 per ounce optimum pit shell.

“While extension of the Twin Shafts deposit to the south is of limited superficial significance, Twin Shafts is not included in the existing Mineral Resources and it will be estimated as part of the updated study.

“The mineralised extension’s proximity to the existing tailings storage facility means that mining may expand the tailings capacity and waste generated by mining may be appropriate to use for a planned tails dam lift and/or expansion, providing an economic benefit in addition to potential mill feed.”

Middle Island recently reported a $4 million capital raising that was brough about by the success of the company’s recent drilling campaign that identified four new deposits.

Requiring a much-expanded Phase 2 RC drilling program in order to bring these new deposits into an Indicated Mineral Resource classification for consideration as Ore Reserves in the updated feasibility study, Middle Island is set to commence a Phase 2 RC program by engaging an additional drill rig.

 

Email: info@middleisland.com.au

Web: www.middleisland.com.au

 

Dreadnought Resources Raises Ilaara Drilling Funding

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THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) is set to commence drilling activities at the company’s Illaara and Rocky Dam gold and VMS projects near Kalgoorlie in Western Australia.

Dreadnought Resources is primed for the drilling to test nine high-quality gold and VMS targets at Illaara and Rocky Dam following a placement, raising $500,000 at 0.4 cents per share.

Drilling will commence at Illaara on the Rodney, Warspite, Bismarck and Reindler’s VMS targets, all of which Dreadnought has identified to contain outcropping gossans and conductive EM plates.

Drilling will then proceed to Metzke’s Find to infill 250m of strike beneath the deepest workings associated with a 15 degree bend in the mineralised structure where previous drilling intersected 2m at 6.8g/t gold and 4m at 1.9g/t gold.

Once this drilling has been completed, Dreadnought will undertake additional target definition work within the Illaara Central Corridor, Metzke’s Corridor and Rocky Dam followed immediately by additional RC drilling scheduled for July/August 2020.

“Dreadnought, in its first 12 months of operations, has been extremely active, with over 80 per cent of its funds going into the ground,” Dreadnought Resources managing director Dean Tuck said in the company’s announcement to the Australian Securities Exchange.

“Dreadnought has acquired and consolidated significant landholdings over prospective under-explored terrain and defined thirty drill ready targets while drilling nine previously defined targets.

“This funding will be used specifically to test nine of our highest ranked targets commencing in late May 2020.”

 

Email: info@dreadnoughtresources.com.au

Web: www.dreadnoughtresources.com.au

 

Kin Mining Encounters Further Shallow Gold at Cardinia

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THE DRILL SERGEANT: Kin Mining (ASX: KIN) reported assay results from recently completed drilling programs from the company’s 100 per cent-owned Cardinia Gold Project (CGP) near Leonora in Western Australia.

Kin Mining’s recent activity consisted Reverse Circulation (RC) drilling at the Cardinia Hill prospect and air-core (AC) drilling at the Helens East and Helens South prospects, all considered to be key emerging regional target areas at CGP.

The company said the new results build on previously announced shallow gold results and continue to highlight the potential to identify strong zones of new mineralisation at Cardinia.

New assays include:

Cardinia Hill RC

CH20RC025
7 metres at 2.44 grams per tonne gold from 117m and 5m at 1.21g/t gold from 13m;

CH20RC031
4m at 0.86g/t gold from 14m; and

CH20RC032
1m at 1.07g/t gold from 48m.

Helens South AC

HS20AC314
4m at 4.29g/t gold from 12m;

HS20AC285
8m at 1.8g/t gold from 4m;

HS20AC255
4m at 1.13g/t gold from 28m; and

HS20AC239
4m at 1.09g/t gold from 12m.

Kin declared the results at Cardinia Hill have confirmed the presence of several mineralised lodes with significant downdip extent, with shallow mineralisation now defined over a total strike length of 500 metres.

The Helens South AC results confirmed the presence of mineralisation beneath soil anomalies, in areas without any great historical workings and limited historical exploration.

“The recently completed Phase 2 RC and AC drilling program has already given us a significant insight into the enormous untapped exploration potential at the Cardinia Gold Project, with results still outstanding for almost two-thirds of the drilling,” Kin Mining managing director Andrew Munckton said in the company’s announcement to the Australian Securities Exchange.

“The program was designed to follow up new discoveries made at Cardinia Hill, Comedy King and Lewis East in December last year and to commence first-pass air-core drilling on a number of other targets in the immediate Cardinia area.

“The results so far have reinforced our belief that Cardinia is a significantly mineralised area, worthy of considerable additional drilling and exploration in the coming months.

“So far in Phase 2, several new zones of mineralisation have been discovered at Helens South and Helens East to complement the Phase 1 discoveries.

“Cardinia Hill is shaping up as a significant new discovery with grades achieved so far that are significantly higher than those reported previously across the broader Cardinia Gold Project.

“While the assay results in CH20RC020 and CH20RC021 are not spectacular, they have confirmed the geological continuity of the mineralisation over at least 500m of strike length.

“Logging of follow-up RC drill holes CH20RC034 to CH20RC041 all showed strong alteration and sulphide mineralisation and we are looking forward to receiving these assay results.

“We have little doubt that Cardinia Hill will become a key area of exploration focus for us over the coming months.

“At Helens South and Helens East, air-core drilling has so far defined several new zones of mineralisation down to approximately 30 metres (the depth of penetration of the AC drill) which are co-incident with gold-in-soil anomalies generated from the recently completed Auger drilling program.

“This gives us confidence that the systematic approach we have adopted towards exploration at Cardinia is yielding good results and has put us on a clear pathway to make further significant discoveries.

“Further RC and AC drilling has been completed at Comedy King, Lewis East and Faye Marie.

“The company has approximately 3500 samples being analysed at the laboratory presently, and we are looking forward to reporting these results to the market as they are received.”

 

Email: info@kinmining.com.au

Web: www.kinmining.com.au

 

Carawine Resources Hits Big Gold Numbers at Hill 800

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THE DRILL SERGEANT: Carawine Resources (ASX: CWX) announced new results from recent drilling at the Hill 800 gold-copper prospect within the company’s 100 per cent-owned Jamieson project in northeast Victoria.

Carawine Resources conducted drill hole H8DD022, targeting the down-dip and southern strike extent of Hill 800 mineralisation, which extend mineralisation at depth, with increased gold grades.

Assays from H8DD022 returned:

67 metres at 2.94 grams per tonne gold, 0.1 per cent copper from 231m (cut to geological boundaries), including 48m at 0.89g/t gold, 0.1 per cent copper from 231m (0.3g/t Au cut-off); and

11m at 13.9g/t gold, 0.2 per cent copper from 287m (0.3g/t gold cut-off), including 2m at 74.8g/t gold, 0.4 per cent copper from 290m (1g/t Au cut-off).

“Hill 800 remains open to the south, and at depth, with these latest results establishing a zone of extremely high gold grades within a broad, lower grade gold-copper mineralised system,” Carawine Resources managing director David Boyd said in the company’s announcement to the Australian Securities Exchange.

“We will now commence further technical studies including petrology, multi-element geochemistry and three-dimensional modelling to evaluate the next steps for Hill 800, which may include additional extensional drilling and/or deeper drilling to search for its interpreted porphyry source.

“Drill hole H8DD023 tested the first of several magnetic anomaly porphyry targets in the Hill 800 region, with the results giving us confidence that we are on the right track in our search for a copper-gold porphyry system at Jamieson.

“The results from this hole and those from drill hole H8DD021, which also returned similar porphyry-related signatures, will be further examined and factored into our planning for the resumption of exploration activities at Jamieson later this year.

“The company will now focus on advancing exploration at its Paterson and Fraser Range projects in Western Australia, where our Joint Venture partners have indicated drilling and geophysical programs are planned to commence later this quarter.

“Carawine will also advance its 100 per cent-held tenements in the Fraser Range and Paterson provinces, with target generation activities already in progress.”

 

Email: info@carawine.com.au

Web: www.carawine.com.au

 

Centaurus Metals Delivers Further Strong Results From Jaguar Nickel Project

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THE DRILL SERGEANT: Centaurus Metals (ASX: CTM) reported new drilling results from the company’s 100 per cent-owned Jaguar nickel sulphide project in the Carajás Mineral Province of Brazil.

Centaurus Metals said the recent drilling has continued to demonstrate the consistency of high-grade shallow semi-massive to massive nickel sulphide mineralisation at the Onça Preta deposit and Onça Rosa prospect.

At the Onça Preta deposit, recently completed Resource in-fill and extensional drilling consistently intersected thick semi-massive nickel sulphides near surface.

A shallow high-grade zone has been extended to over 150m of strike, with assay results confirming strong potential for a high-grade open pit, including:

JAG-DD-20-025
4.7 metres at 2.26 per cent nickel from 49.6m; and

JAG-DD-20-027
6.4m at 1.34 per cent nickel from 93m.

At the Onça Rosa prospect, new drilling intersected semi-massive to massive sulphides, including:

JAG-DD-20-043
3.6m at 2.38 per cent nickel from 271.7m, including 1.9m at 4.28 per cent nickel from 271.7m; and

JAG-DD-20-038
3.9m at 3.19 per cent nickel from 14m.

Centaurus Metals claimed the deeper intersection confirms the continuity of high-grade mineralisation 45m along strike from historical drilling and its own recent results.

“Results from Onça Preta continue to demonstrate the consistency of grade across the deposit,” Centaurus Metals managing director Darren Gordon said in the company’s announcement to the Australian Securities Exchange.

“We have now extended the strike length of the shallow, high-grade mineralisation to over 150 metres centred on the outstanding intercept of 14.9 metres at 2.94 per cent nickel from 56.8 metres reported earlier this year – underlining the potential for a low-strip, open pit start-up operation.

“And, just as importantly, as we drill deeper, we continue to intersect high-grade mineralisation where we interpret it to be, with great results including 26.2 metres at 1.42 per cent nickel from 220 metres.

“One of the unique things about Jaguar is the near-surface, high-grade potential across a number of deposits and the flexibility that this can bring to a project.

“To date, we have identified multiple open pittable start-up options including Onça Preta and Jaguar South, where we intersected 21.8 metres at 2.65 per cent nickel from just 22 metres.

“We are also confident that we will intersect further shallow mineralisation at Jaguar Central and Jaguar North deposits, where drilling has just started following up some historical shallow high-grade intersections.

“Beyond the resource drilling we have also been working up our Onça Rosa prospect and this is starting to take shape.

“Our recent drilling success has extended the strike of the high-grade mineralisation to over 100 metres and strong EM plates modelled from DHEM surveys indicate that the mineralisation extends down-dip at least another 150 metres below existing drilling, which included intersections of 7.9 metres at 5.27 per cent nickel and 9.3 metres at 3.13 per cent nickel from around 250 metres depth.

“These EM plates will be drill tested once extensional and in-fill resource drilling at Jaguar Central and North is finished.

“The company remains well funded and is on target to deliver its maiden JORC Mineral Resource Estimate for the Jaguar project by the end of June.”

 

Email: office@centaurus.com.au

Web: www.centaurus.com.au

 

Apollo Consolidated Encounters New Gold at Lake Rebecca

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THE DRILL SERGEANT: Apollo Consolidated (ASX: AOP) reported Reverse Circulation (RC) drilling results from the company’s 100 per cent-owned Lake Rebecca gold p in Western Australia.

The recent results come from ongoing shallow exploration and infill drilling being carried out across the project area and has delivered new gold intercepts in several locations, each of which Apollo Consolidate d considers worthy of follow-up work.

These include:

RCLR0560
25 metres at 1.23 grams per tonne gold and 15m at 1.4g/t gold encountered in in a new prospect located 1.2 kilometres north east of the established Duchess deposit.

Strike extensions from this position are open for one kilometre north and 200m south.

RCLR0553
10m at 7.68g/t gold, including 3m at 21.57g/t gold in a shallow infill drill hole at the northern part of the Rebecca deposit.

This intercept was supported by 5m at 5.59g/t gold in adjoining hole RCLR0554.

Apollo believes these results combine to flag potential for high-grade structures in this part of the deposit.

RCLR0539
25m at 1.09g/t gold encountered in a step-down drill hole to test at the eastern part of Duke deposit.

Apollo Consolidated has RC exploration and pre-collar drilling continuing, with over 100 sites currently prepared for drilling.

Two additional step-out diamond ‘tails’ the company completed at the Rebecca deposit are now being prepared for analysis.

Apollo is conducting the drilling with the aim of building on the maiden combined in-situ pit-constrained Mineral Resources it released in February of 27.1 million tonnes at 1.2g/t gold for 1.035 million ounces of gold (at a 0.5g/t Au cut-off).

This is made up of:

Rebecca: 19.1 million tonnes at 1.3g/t gold for 775,000 ounces (53% Indicated);
Duchess: 5.7 million tonnes at 1g/t Au for 180,000 ounces; and
Duke: 2.3 million tonnes at 1.1g/t Au for 80,000 ounces.

 

Email: info@apolloconsolidated.com.au

Web: www.apolloconsolidated.com.au

 

New World Resources Encounters Further Thick Intersections at Antler Copper Deposit

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THE DRILL SERGEANT: New World Resources (ASX: NWC) released assay results for the final three of six diamond core holes of its maiden drilling program at the company’s Antler copper deposit in Arizona, USA.

New World Resources reported multiple zones of thick, high‐grade mineralisation were intersected in all three of these holes.

Notable intersections include:

ANTDD202004
1.79 metres at 0.91 per cent copper, 4.51 per cent zinc, 0.62 per cent lead, 11.9 grams per tonne silver and 0.06g/t gold from 152.5m (1.79m at 2.4 per cent copper equivalent);

2.96m at 1.3 per cent copper, 6.24 per cent zinc, 0.09 per cent lead, 5.73g/t silver and 0.06g/t gold from 157.16m (2.96m at 3.2 per cent copper equivalent); and

0.67m at 0.84 per cent copper, 5.86 per cent zinc, 1.07 per cent lead, 16.3g/t silver and 0.13g/t gold from 175.63m (0.67m at 2.9 per cent copper equivalent)

ANTDD202005
8.9m at 2.62 per cent copper, 6.22 per cent zinc, 0.64 per cent lead, 28g/t silver and 0.3g/t gold from 197.96m (8.9m at 4.5 per cent copper equivalent); and

1.32m at 5.73 per cent copper, 3.67 per cent zinc, 0.25 per cent lead, 37.6g/t silver and 0.38g/t gold from 209.45m (1.32m at 6.3 per cent copper equivalent)

ANTDD202006
0.77m at 0.21 per cent copper, 3.07 per cent zinc, 0.21 per cent lead, 2.1g/t silver and 0.01g/t gold from 62.72m (0.77m at 1.2 per cent copper equivalent); and

13.25m at 3.45 per cent copper, 5.2 per cent zinc, 0.36 per cent lead, 25g/t silver and 0.41g/t gold from 128.32m (13.25m at 4.8 per cent copper equivalent).

“These terrific results round out what has been a highly successful initial phase of drilling at Antler that has well and truly exceeded our initial expectations,” New World Resources managing director Mike Haynes said in the company’s announcement to the Australian Securities Exchange.

“The 13.25 metres intercept in our sixth hole is the thickest zone of mineralisation ever reported from the deposit.

“And it’s shallow – within 100 metres of surface and only metres from the existing mine shaft.

“There’s obviously a lot of unmined, high‐grade mineralisation remaining and we will continue to expedite work programs aimed at determining how much of that there is.

“With drilling scheduled to resume in the first week of June and geophysical surveys and metallurgical testwork underway, we continue to advance many work streams in parallel so we can complete a Pre‐Feasibility Study by the end of 2020.”

 

Email: info@newworldres.com

Web: www.newworldres.com