African Gold Hits High Grades at Sitakili Permit

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THE DRILL SERGEANT: African Gold (ASX: A1G) recently completed a maiden drill program for the preliminary assessment of the Kirchon and Grand Filon prospects on the company’s Sitakili Permit in West Mali.

African Gold outlined the objective of this program being to target systematically testing of a portion of what it considers to appear to be a very large system.

The drilling aimed to look beyond the obvious known gold lodes outcropping in artisanal workings dotting the landscape of the project, as well as defining areas of potential thicker and higher-grade shoots within these known lodes, broader disseminated zones and different orientations and structural styles to understand mineralisation.

The company declared the results to be extremely encouraging with all 16 holes returning shallow anomalous gold intercepts, including:

19SIR013
9 metres at 5.17 grams per tonne gold from 54m;

19SIRC006
3m at 3.07g/t gold from 40m and 2m at 4.71g/t gold from 59m;

19SIRC009
6m at 3.35g/t gold from 53m;

19SIRC010
6m at 5.8g/t gold from 126m and 3m at 2.34g/t gold from 117m; and

19SIRC011
6m at 1.97g/t gold from 42m.

Mineralisation remains open in all directions.

African Gold indicated it has follow up drilling in the pipeline at Sitakili that is expected to commence in the coming quarter.

A maiden shallow reconnaissance drilling program is also being undertaken at the nearby Bourdala, BouBou and Tintinba-Nord Permits, from which results are anticipated over the coming weeks.

“We are extremely encouraged by the multiple high-grade gold results from this initial drill program at our new Sitakili Permit in West Mali,” African Gold exploration manager and CEO Glen Edwards said in the company’s announcement to the Australian Securities Exchange.

“This region of the Kedougo-Kenieba Inlier is host to a number of world class gold mines and we are fortunate to have acquired a significant landholding in this highly sort after region.

“These first pass drill results point towards what could be a significant gold system with gold mineralisation open both along strike and down dip.

“We look forward to further results from our recent drilling and geochemical programs in the coming weeks and are already planning follow up drilling based on these results.”

 

Email: admin@african-gold.com

Web: www.african-gold.com

 

Neometals Encounters Mt Edwards Massive Nickel Sulphides

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THE DRILL SERGEANT: Neometals (ASX: NMT) declared to encouraged by results from reverse circulation (RC) drilling at the company’s Mt Edwards nickel project in Western Australia.

Neometals reported the completion of drilling, sampling and down-hole electromagnetic (DHEM) surveys at the Armstrong deposit on Mining Lease M15/99, and on recently acquired Exploration Licence E15/1553 that is located less than two kilometres directly north and along strike from Mincor’s Resources Cassini Mineral Resource.

The drilling at Armstrong and the yet to be named exploration licence comprised 11 RC holes completed in November and December 2019 and included a sampling and assay program the company expects to enable results to be used in future Mineral Resource estimations.

Massive nickel sulphide intercepts were encountered on the Armstrong deposit, including:

6 metres at 8.11 per cent nickel, including 5m at 9.63 per cent nickel;

10m at 1.65 per cent nickel, including 4m at 2.42 per cent nickel; and

3m at 1.07 per cent nickel.

These intercepts were within wide mineralised zones of disseminated nickel with assays including:

34m at 1.94 per cent nickel; and
24m at 1.13 per cent nickel.

The drilling encountered 1m at 1.18 per cent nickel at newly acquired tenement.

“These strong results from Armstrong continue our success in identifying massive nickel sulphide mineralisation within our existing inventory,” Neometals managing director Chris Reed said in the company’s announcement to the Australian Securities Exchange.

“In preparation for a strengthening nickel market in the medium term, driven by increasing demand in the battery materials sector, Neometals will undertake mining studies and develop a pipeline of short lead time nickel sulphide resources.

“The successful discovery of nickel sulphide mineralisation along strike from Cassini just inside the boundary of a newly acquired tenement provides encouragement that our extensive tenement package around the Widgiemooltha Dome is one of the most prospective areas for greenfields nickel discoveries.”

 

Email: info@neometals.com.au

Web: www.neometals.com.au

 

Breaker Resources Hits Gold Results Outside Lake Roe Resources

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THE DRILL SERGEANT: Breaker Resources (ASX: BRB) reported activities from early reconnaissance drilling underway across several areas at the company’s Lake Roe gold project east of Kalgoorlie in Western Australia.

Breaker Resources is undertaking the major drilling program at Lake Roe to systematically build on the current one-million-ounce Resource.

The company’s initial focus is on discovery and extension outside the shallow Resource envelope and to enhance its understanding of the geometry of the gold mineralisation over the full extent of an 8.5 kilometres-long greenfields gold system.

So far, the drilling has returned strong preliminary results from shallow, wide-spaced drilling across three new areas:

A high-grade intersection was encountered at Bombora South, establishing plus-400 metres-long zone of west-dipping gold mineralisation upgrading its potential to a large area.

This result was achieved from drill hole BBDD0087, returning:

3.22 metres at 11.22 grams per tonne gold

Drilling at the Claypan prospect, 1.3km southeast of the Bombora Resource, encountered bedrock (primary) gold results up to 4m at 2.72g/t gold, upgrading its potential to host a substantial new gold zone.

A new plus-400m-long zone of greater than 1g/t bedrock gold was identified by geochemical drilling at the recently named Kopai prospect, located 3km north of Bombora.

These results substantiate the potential of a 4km-long zone directly north of the Bombora Resource that includes the Crescent prospect.

Breaker indicated that RC and diamond drilling will shortly transition to Kopai/Crescent area while pending assay results from Claypan and Bombora South areas are assessed.

“A third (diamond) drill rig targeting the down-plunge depth extensions of the Tura, Daisy and Mindil lodes below the current Resource is planned to start in the coming fortnight,” Breaker Resources said in its ASX announcement.

“The initial hole will be a deep (approx. 1,200m) diamond drill hole at the southern end of the Bombora deposit.

“The drill hole is part of the Department of Mines, Industry Regulation and Safety’s Exploration Incentive Scheme (EIS) co-funded drilling program.”

 

Email: breaker@breakerresources.com.au

Web: www.breakerresources.com.au

 

Musgrave Minerals Resumes Drilling at Break of Day

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THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) is out drilling again at the company’s Cue gold project in the Murchison district of Western Australia.

Musgrave Minerals has commenced reverse circulation (RC) drilling at the Break of Day deposit that is focussed on confirming the company’s new ‘link-lode’ hypothesis as well as testing for possible additional ‘link-lodes’ along the strike of the Break of Day resource.

On completion of the Break of Day program the drill rig will move to the Mainland prospect to undertake further drilling at Consols where high-grade gold has been intersected near surface.

“The company is very active in the Cue region and will continue to drill multiple targets in the first quarter of 2020 to make new discoveries and grow the resource base,” Musgrave Minerals managing director Rob Waugh said in the company’s announcement to the Australian Securities Exchange.

“We look forward to reporting the new drill results as they come to hand.”

Musgrave Minerals holds 100 per cent of the Break of Day area and holds an option to acquire 100 per cent of the basement gold rights at Mainland.

The RC drill programs at Break of Day and Mainland will consist of approximately 14 holes with first assays from this drilling expected in early March 2020.

 

Email: info@musgraveminerals.com.au

Web: www.musgraveminerals.com.au

 

Image Resources Enhances Ore Reserves Potential at Boonanarring

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THE DRILL SERGEANT: Image Resources (ASX: IMA) reported drilling results from a program focused on adding new Ore Reserves at the company’s 100 per cent-owned, high-grade, zircon-rich Boonanarring mineral sands project, located north of Perth in Western Australia.

“The focus of the program is to identify new Mineral Resources and Ore Reserves in the area that is within 10 kilometres from the current location of the Boonanarring wet concentration plant,” Image Resources said in its ASX announcement.

“Specific focus areas include the northern and southern extensions of the current Ore Reserve, as well as adjacent areas to the west associated with a recently announced 50mRL Strandline.”

Image Resources’ latest drilling aimed at extending the mine life at Boonanarring identified two strongly mineralised parallel strands at the Boonanarring Northwestern extension, both of which are 1.2km long.

The company has completed a 108-hole program at the Boonanarring Northwestern Extension (Central Stockcare) and due to the promising shallow results achieved, a further 73 holes are planned.

The two main strands that are each 1.2km in length have been outlined with the western strand producing some excellent intersections, including:

IM01074
4 metres at 14.5 per cent heavy minerals (HM) from 15m;

IM01078
3m at 14.3 per cent HM from 17m;

IM01076
5m at 12.2 per cent HM from 13m;

IM01000
4m at 10.9 per cent HM from 11m;

IM01003
2m at 17.1 per cent HM from 16m; and

IM1036
2m at 23.0 per cent HM from 14m in.

The eastern strand also produced good shallow intersections, including:

IM01015
4m at 23.8 per cent HM from 10m;

IM01010
4m at 27.1 per cent HM from 8m;

IM1020
3m at 14.8 per cent HM from 9m; and

IM1084
2m at 27.1 per cent HM from 9m.

Image Resources noted the eastern strand has grades similar to the currently mined Boonanarring Eastern strand, which it considers augers well for the follow up drilling program that is to commence soon.

 

Email: info@imageres.com.au

Web: www.imageres.com.au

 

Auroch Minerals Drilling at Saints Nickel Project

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THE DRILL SERGEANT: Auroch Minerals (ASX: AOU) has an air-core (AC) drilling program underway at the company’s Saints nickel project, located just outside Kalgoorlie in Western Australia.

Auroch Minerals completed a litho-geochemical review that identified at least three more possible channels along the Eastern Footwall Contact at Saints that were not previously recognised or drill-tested.

The company will focus the AC program on these high-priority channel target areas aiming to accurately define the position of the footwall contact.

Results from the AC drilling will be used to design targets for a major diamond drilling campaign aimed at increasing the existing high-grade nickel sulphide resource of 1.05 million tonnes at 2 per cent nickel and 0.2 per cent copper for 21400 tonnes nickel and 1600 tonnes copper.

“We are extremely pleased with the litho-geochemical modelling the team has completed along the Eastern Footwall Contact thus far,” Auroch Minerals managing director Aidan Platel said in the company’s announcement to the Australian Securities Exchange.

“In addition to the known channels at Saint Patricks and Saint Andrews the review has identified three new channel targets along strike which we aim to confirm with the AC drilling.

“Targeting channel positions in the footwall contact underlying nickeliferous ultramafics greatly increases the possibility of significant high-grade nickel sulphide mineralisation.

“Furthermore, there remains significant strike of this main footwall contact that has never been drilled and hence which also has the potential to host even more channels.

“With several other contacts still to be modelled, the exploration potential of Saints continues to emerge, and we are very excited by what it may hold.”

 

Email: admin@aurochminerals.com

Web: www.aurochminerals.com

 

Magmatic Resources Defines Large Porphyry Target at Lady Ilse

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THE DRILL SERGEANT: Magmatic Resources (ASX: MAG) has completed an advanced MIMDAS geophysical survey at the Lady Ilse prospect, located within the company’s 100 per cent-owned Wellington North project in Western Australia.

Magmatic Resources explained the geophysical survey was designed to assess for a potential porphyry system of similar style to Newcrest’s Cadia East project, located 100 kilometres to the south and Alkane’s Boda porphyry discovery six kilometres east.

The MIMDAS geophysics survey confirmed a large porphyry drill target downdip from the gold and porphyry pathfinder geochemical anomaly at Lady Ilse.

The company has interpreted the wide gold anomaly previously defined by shallow RC drilling to lie on the western edge of a much larger chargeability feature overlying a conductive porphyry target.

Magmatic believes the results highlight similarities between Lady Ilse and the nearby Boda discovery.

The company considers the results to have refined the location of upcoming diamond drilling and aided planning for anticipated further drilling.

“We are delighted with the MIMDAS results which are potentially defining a larger porphyry system than originally identified and greatly aids the positioning of our upcoming diamond drill program, and beyond.” Magmatic Resources managing director David Richardson said in the company’s announcement to the Australian Securities Exchange.

 

Email: info@magmaticresources.com

 

Web: www.magmaticresources.com

 

Trigg Mining Expands Lake Rason System

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THE DRILL SERGEANT: Trigg Mining (ASX: TMG) announced it has received results of drilling carried out in December 2019 over the company’s Laverton Links sulphate of potash (SOP) project in Western Australia.

Trigg Mining reported the results include the intersection of a 52 metres-thick sequence on sands and conglomerates on the periphery of the previously defined Lake Rason system.

This was achieved by hole LRATC001a from 44 metres with an average grade of 2,350 milligrams per litre (mg/l) potassium (or 5,230mg/l Sulphate of Potash (SOP) equivalent).

Elsewhere, scout drilling along the Lake Hope Campbell trend identified multiple thick basal sand aquifers with a peak intersection of:

LHCACT018
11m at 2,330mg/l potassium (or 5,200mg/l SOP equivalent) in from 59m.

Trigg’s 2019 aircore drilling program at Lake Hope Campbell is the first known drilling over this 106-kilometres interpreted palaeochannel trend.

The company declared it has intercepted deep palaeochannel sands and gravels over multiple holes with transects of up to 1,300mwide.

These zones are also expected to have high permeability based upon Trigg’s field observations.

The results from this program, in addition to the program completed in 2017 at Lake Rason, will be included in a Mineral Resource estimate expected later this quarter.

“The 2019 drilling program tested the extent of the Laverton Links SOP Project and confirmed the extension of the mineralisation at Lake Rason,” Trigg Mining managing director Keren Paterson said in the company’s announcement to the Australian Securities Exchange.

“At Lake Hope Campbell several thick basal sand aquifer units with potassium grades up to 2,330mg/l potassium were encountered with palaeochannel widths of up to 1,300 metres.

“The results achieved from across the Laverton Links potash project will allow Trigg to rationalise the large tenure and focus attention on the high-grade Lake Throssell potash project and the more significant areas of Laverton Links.”

 

Email: info@triggmining.com.au

 

Web: www.triggmining.com.au

 

Gateway Mining Expands Whistler Gold Footprint

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THE DRILL SERGEANT: Gateway Mining (ASX: GML) reported results from a recently completed reverse circulation (RC) drilling program around the Whistler gold deposit, within the company’s 100 per cent-owned Gidgee gold project in Western Australia.

Gateway Mining explained the drilling program was designed to undertake a first-pass assessment along strike to the north and south of the Whistler gold deposit to provide understanding of any potential to grow the current Inferred Resource of 1.7 million tonnes at 2.23 grams per tonne gold for 120,000 ounces of contained gold.

The drilling at Whistler was part of a large RC drilling campaign Gateway carried out over several targets at Gidgee, which included both the recent discovery of an extensive zone of shallow oxide gold at Achilles and the expansion of the Montague gold deposit.

The Whistler South zone has been defined in shallow drilling over a strike length of at least 500 metres and remains totally untested at depth.

Results from the latest drilling that continued to define this gold mineralised trend are:

GRC482
13 metres at 1.6g/t gold from 58m; and

GRC480
5m at 1g/t gold from 23m.

The company considers the new results from wide-spaced reconnaissance drilling both to the north and south of the Whistler Resource provided further strong evidence of the potential for a large-scale gold system.

“The new results, combined with some significant advances in our geological thinking over the Christmas/New Year period, amount to a really exciting breakthrough at Whistler, demonstrating that it has excellent potential to grow substantially, both to the north and south,” Gateway Mining managing director Peter Langworthy said in the company’s announcement to the Australian Securities Exchange.

“We have confirmed the presence of the new Whistler South mineralised structure over a strike length of 500 metres, and it remains totally untested at depth.

“Meanwhile, to the north of the Whistler Resource we have now located the strike extension of the structure that can now be targeted with the next phase of drilling – more than doubling the overall scale of the system to at least 900 metres.

“In addition to the granodiorite-hosted mineralisation, we are also now delineating and understanding the significance of the multiple mafic-hosted hanging wall lodes.

“We are confident that these will develop into a significant zone of mineralisation that is strongly complementary to the main Whistler Resource.

“It is worth noting that all these positions are in close proximity to the current Whistler optimised pit shell, and any expansion of this would easily incorporate these new areas of mineralisation.

“Looking ahead, we will finalise the reporting of the remaining results from the drilling programs completed in December, including the air-core drilling program that comprised first-pass testing of a number of completely new areas.

“We will then prioritise and plan our next exploration steps, taking into the account the significant advances we have made recently in terms of expanding the potential at Whistler and Montague, defining a significant new zone of shallow oxide mineralisation at Achilles and improving our understanding of a number of other emerging prospects.

“Recent drilling has once again reinforced the very large and prospective nature of the Gidgee gold project.

“Our focus this year will be to find the quickest and most cost-effective way of unlocking substantial new discoveries while at the same time rapidly building our resource inventory from the strong base we have already established.”

 

 

Web: www.gatewaymining.com.au

 

Alicanto Minerals Hits Big Gold Numbers at Arakaka

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THE DRILL SERGEANT: Alicanto Minerals (ASX: AQI) released a whack of high-grade gold results from a diamond drilling program recently completed at the company’s 100 per cent-owned Arakaka gold project in northwest Guyana, South America.

Alicanto Minerals drilled 51 diamond holes over 1.4 kilometres of strike around the Purple Heart prospect area along the Arakaka Main Trend.

The drilling was fully funded through Alicanto’s Joint Venture with Nord Gold SE.

From the assay results the company has received to date, highlights include:

ARDD309
19.05 metres at 7.43 grams per tonne gold from 260.75m, including 0.5m at202.4g/t gold from 263.8m;

ARDD316
6m at 11.15g/t gold from 69m, including 0.5m at111.89g/t gold from 71.5m;

ARDD329
0.54m at 160.13g/t gold from 239.8m;

ARDD306
6.5m at 5.44g/t gold from 142.2m, including 0.6m at47.44g/t gold from 143.5m;

ARDD281
2.9m at 3.36g/t gold from 89m;

ARDD282
5.85m at 1.98g/t gold from 190.33m;

ARDD323
0.55m at 21.44g/t gold from 93.45m;

ARDD299
3.5m at 2.39g/t gold from surface;

ARDD303
0.75m at 10.17g/t gold from surface;

ARDD304
4.6m at 2.32g/t gold from 163.4m; and

ARDD319
5.45m at 2.71g/t gold from 54m.

Alicanto explained the drilling also identified a previously unrecognised high-grade shoot component to mineralisation associated with the Purple Heart and Central structures.

The recently returned assays indicate the dimensions of these high-grade shoots to be of enough scale to lead to the potential development of substantial gold resources.

“Our drilling at Arakaka in Guyana represents the first time there has been targeted diamond drilling on the prolific gold-producing Arakaka Main Trend,” Alicanto Minerals CEO Peter George said in the company’s announcement to the Australian Securities Exchange.

“Alicanto has completed an initial 10,478 metres of diamond drilling over only 1.4 kilometres of the main trend fully funded through the Earn-In-Agreement with Nordgold.

“These initial encouraging high-grade results not only demonstrate the continuity of mineralisation throughout the area but also indicate that multiple high-grade gold shoots exist within the shallowly dipping, stacked mineralised structures.

“These high-grade shoots have an apparent, shallow, north plunge which will be the focus of further drilling following the geological integration of the current drilling.

“I am very pleased for the team to have discovered what we always firmly believed was in the ground at Guyana.

“This success, combined with intersecting high-grade massive sulphides in our maiden drilling program in Sweden, caps off a fantastic year for the Alicanto team and I am looking forward to what we will achieve in 2020.”

Alicanto said it anticipates further assays of the recently completed diamond drilling program in the coming weeks, after which it will complete a 3D interpretation of the geology and setting of observed, significant, high-grade gold mineralisation to better plan Phase 2 diamond drilling.

 

Web: www.alicantominerals.com.au