Warriedar Resources Hits High-Grades at Golden Grange

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THE DRILL SERGANT: Warriedar Resources (ASX: WA8) is making progress with reverse circulation (RC) and diamond drilling activities at the company’s Golden Range project in the Murchison region of Western Australia.

Warriedar Resources’ diamond drilling is the first undertaken at the 2.3km-long Ricciardo deposit, and the nearby M1 deposit, by any operator in ten years.

Assay results for the first diamond hole at M1were of higher grade than what the company expected to see, returning:

8.9 metres at 8.93 grams per tonne gold from 156m, including 2m at 23.83g/t gold from 158.3m.

Warriedar believes M1 offers high-grade extension potential, which is planned to be a focus of further drilling in H2 2024.

Diamond holes drilled beneath the Silverstone Central pit (Ricciardo), in an area with no historical drilling, returned:

7m at 2.59g/t gold from 229m, including 1m at 10.81g/t gold from 233.7m; and
4.6m at 1.2g/t gold from 235m.

“Ricciardo and M1 both sit in the 25km-long ‘Golden Corridor’ at Golden Range, which hosts six discrete deposits (18 historic pits) that are all open at depth and possess immediate growth potential,” the company explained in its ASX announcement.

Warriedar signalled diamond drilling is scheduled to be completed in mid-August, with all assays expected by mid-September and update of the 8.7 million tonnes at 1.7g/t gold for 476,000 ounces gold Ricciardo MRE targeted for Q4 2024.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Flynn Gold Claims New Tasmanian Gold Discovery

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THE DRILL SERGANT: Flynn Gold (ASX: FG1) has claimed a new gold discovery at the company’s 100 per cent-owned Golden Ridge project in Northeast Tasmania.

Flynn Gold announced the discovery of an extensive system of gold bearing quartz veins within historical workings located approximately 250m north of the historic Trafalgar Mine at Golden Ridge.

The discovery came via 17 out of 36 grab rock chip samples that assayed over 10 grams per tonne gold, including 99.4g/t gold, 76.6g/t gold and 67.1g/t gold.

Flynn Gold described the gold as being hosted in multiple sub-parallel quartz-sulphide veins over a minimum 65m wide zone.

The company completed initial trench channel sampling that produced high-grade mineralised intervals of:

11 metres at 2 grams per tonne gold, including 3.3m at 6.3g/t gold; and

16.5m at 1.3g/t gold, including 1.5m at 6.8g/t gold and 4m at 2.4g/t gold.

Flynn Gold declared the new vein zone discovery expands the gold mineralised footprint at the Trafalgar prospect.

The company now has diamond drilling underway to test gold mineralisation at depth below the trenching.

“The company is excited by the discovery of multiple high-grade gold veins approximately 250m north of the main Trafalgar gold deposit at Golden Ridge in Northeast Tasmania,” Flynn Gold managing director and CEO Neil Marston said in the company’s ASX announcement.

“These gold veins were exposed in trenching over an area of historical mine workings which appear unrecorded since they were dug about a century ago.

“The vein system potentially expands the footprint of gold mineralisation at Trafalgar to a 500m wide corridor which remains open in all directions, once again confirming the potential for significant scale at the Golden Ridge project.

“With so many high-grade gold assays recorded at the surface we have adjusted our ongoing diamond drilling program to test beneath these old workings and we look forward to reporting the results of this drilling shortly.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Hammer Metals Commences Yandal Gold Drilling

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THE DRILL SERGANT: Hammer Metals (ASX: HMX) has commenced drilling programs targeting two prospects within the company’s 100 per cent-owned Yandal gold project in Western Australia.

Hammer Metals is air-core drilling at the Sword prospect testing soil anomalism on the margin of the Overlord Thrust in an analogous position to the nearby Julius Gold Deposit, owned by Northern Star Resources (ASX: NST).

Hammer describes Sword as being characterised by significant gold-in-soil (>5ppb to 44ppb) anomaly which stretches over 400 metres.

Historic drilling at the prospect by previous explorers was widely spaced with the holes predominantly drilled vertically.

Aircore drilling at the Harrier prospect is testing an eastern limb of the Bronzewing Anticline approximately 4km south-east of the Bronzewing deposit.

Harrier has a coherent soil anomaly extending over a strike length of approx. 1.3km and a width of 250m, with a maximum soil result of 41ppb gold.

Historical work at Harrier has focused on soil and surface gold anomalism with previous drilling encountering bottom-of-hole gold anomalism.

“We’re pleased to return to grassroots exploration targets in one of Australia’s most prominent gold production and exploration regions,” Hammer Metals managing director Daniel Thomas said in the company’s ASX announcement.

“The prospects at Sword and Harrier are located close to significant gold mines in the district and have been inadequately explored given the significant gold anomalism associated with both of these targets.

“Our pending gold resource at North Orelia, quality exploration targets and a recent peak in gold prices underpin the potential of our Yandal project and highlight the opportunity to create additional value within Hammer’s portfolio of projects.

“Ongoing field work at Hammer’s prospects and Joint Ventures in the Mount Isa region is ongoing with significant soil sampling programs in progress and preparations underway for various work programs within Hammer’s recently executed Joint Ventures with South32 and Sumitomo Metal Mining Oceania.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Venture Minerals Records Further High-Grade TREO Drilling Result at Jupiter

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THE DRILL SERGANT: Venture Minerals (ASX: VMS) announced further drilling results from the company’s Jupiter rare earth elements (REE) discovery in Western Australia.

Venture Minerals has been drilling targeting the northwest quarter of Jupiter, from where it claimed, “another record-breaking result” of:

BRAC281
57 metres ta 3,430ppm total rare earth oxides (TREO).

Venture Minerals said it is now well positioned to complete its maiden Mineral Resource Estimate, with drilling confirming broad zones of high-grade, REE mineralisation over the entire 40 square kilometres Jupiter system.

“With this batch of results we’ve now received assays from drilling over the entire Jupiter system and the potential they indicate for our upcoming Maiden Resource has heightened our anticipation,” Venture Minerals managing director Philippa Leggat said in the company’s ASX announcement.

“These results come at a time when we have secured 100 per cent ownership of the project and attracted high-quality, institutional investors to fund the company for the next 18 months.

“I look to working with stakeholders and shareholders as we focus on unlocking the full potential of the Jupiter discovery.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Miramar Resources Anticipates High-Grade Copper, Lead, and Silver from Gascoyne Project

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THE DRILL SERGEANT: Miramar Resources (ASX: M2R) returned home from an initial reconnaissance field trip to the company’s new Chain Pool project, in the Gascoyne region of Western Australia.

Miramar Resources was keen to announce it had achieved high-grade copper, lead and silver results from Joy Helen prospect from sampling completed during the reconnaissance field trip.

Samples collected by the company from around the Joy Helen prospect returned results including:

CP003
5.49 per cent copper, 42.0 per cent lead and 73.48 grams per tonne silver; and

CP002
5.43 per cent copper, 36.7 per cent lead, 36g/t silver and 0.27 per cent zinc.

The Joy Helen occurrence is located approximately 275km northeast of Carnarvon in the Gascoyne region of Western Australia and contains historic workings and costeans over a strike length of approximately 400 metres.

There has been no modern and/or systematic exploration of this prospect apart from historic drilling completed in the 1960s that intersected lead and copper mineralisation, including 1.5m at 13.7 per cent lead and 1.6 per cent copper, however the locations of the drill holes were not recorded.

Miramar considers there to be potential for various commodities and deposit types within the company’s Gascoyne region projects despite them having been under-explored previously.

“For example, there has not been any modern and/or systematic exploration or drilling at the Joy Helen prospect despite the presence of high-grade base metal mineralisation,” Miramar Resources executive chairman Allan Kelly said in the company’s ASX announcement.

“We look forward to getting this tenement granted and uncovering the potential of the project.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Great Boulder Resources Identifies New Side Well South Gold Targets

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THE DRILL SERGENAT: Great Boulder Resources (ASX: GBR) has identified two new large, high-priority gold targets via soil geochemistry at the company’s Side Well gold project near Meekatharra in Western Australia.

Great Boulder Resources identified the targets from results of recent soil auger sampling at Side Well.

The first is a 2.4 kilometres-long Ironbark-style target with peak gold values of 75ppb gold with the second being a 1.4km-long bismuth-molybdenum anomaly, displaying the same pathfinder elements as Mulga Bill, including bismuth assays up to 475 times background levels.

“We recently completed a program of wide-spaced surface sampling over the Side Well South area, extending coverage to the bottom of the Side Well project,” Great Boulder Resources managing director Andrew Paterson said in the company’s ASX announcement.

“This data has confirmed mineralisation continues south through our tenements and the known hydrothermal system now covers more than 18 kilometres of strike.

“At Side Well South we’ve identified two new targets collectively spanning 3.8 kilometres of strike.

“This expands the known mineral system with the same pathfinder fingerprints as our earlier discoveries to the north.

“The surface anomalism has been getting stronger as we move south, so we’re excited to find these new targets and keen to drill them as soon as possible.

“A heritage survey is scheduled to start on July 22nd, and we’ll be drilling as soon as we receive approval.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Larvotto Resources Commences Hillgrove Exploration Drilling

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THE DRILL SERGEANT: Larvotto Resources (ASX: LRV) is all cashed up and ready to commence exploration drilling at the company’s Hillgrove gold-antimony project in New South Wales.

Larvotto Resources will pay for the drilling using funds from a recently completed $5 million equity raising, which it expects to supplement with a further $1 million via a share purchase plan.

The drilling is to focus on the project’s Clarks Gully deposit, a steep dipping zone of mineralisation associated with both high-grade gold and antimony that remains open in all directions.

Clarks Gully mineralisation is currently defined from surface to a depth of 200m with a current Measure and Indicated Mineral Resource Estimate of 266,000 tonnes at 3.8 per cent antimony and 2 grams per tonne gold (8.4 g/t gold equivalent).

The drill program aims to extend previous drilling to test the strike and depth extent of the mineralised zone that is expected to increase Larvotto’s confidence ahead of Ore Reserve estimation studies.

Larvotto’s exploration strategy is to rapidly increase the Hillgrove Resource base, while converting the current Measured and Indicated MRE into JORC Ore Reserves.

“The Clarks Gully deposit extends from surface and remains open at depth,” Larvotto Resources managing director Ron Heeks said in the company’s ASX announcement.

“It currently has a M+I Mineral Resource Estimate (MRE) with high-grade ore suited to both open pit and underground extraction.

“Favourably, it has potential for early-stage development which could supplement production from the already developed Metz underground mining area to the south.

“Significantly, the mineralisation is open in all directions and there is great potential for it to extend to depth as all of the other deposits in the field do.

“Soil geochemistry strongly indicates that the mineralisation extends to the south of the previously mined open pit and initial testing of the area is included as part of this program.

“The geochemical anomaly is of the same order as that over the current deposit and has the potential to significantly increase the overall resource at Clarks Gully.

“We look forward to demonstrating the current mineralisation extends in all directions and continues to contain significant mineralisation.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Antipa Minerals Drills Near-Surface High-Grade Gold

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THE DRILL SERGEANT: Antipa Minerals (ASX: AZY) received final results from Phase 1 reverse circulation (RC) drilling completed at the company’s 100 per cent-owned Minyari Dome gold-copper project in the Paterson Province of Western Australia.

Antipa Minerals reported identification of new zones of near surface, high-grade gold along the northern edge of the project’s GEO-01 discovery, at the GP01 target, and at the Minyari Southeastern Extension target.

Shallow, high-grade new intersections returned, included:

24MYC0610
35m at 3 grams per tonne gold from 20m down hole, including 16m at 5.6g/t gold from 33m down hole, also including 1m at 14.4 g/t gold from 34m; and 1m at 24g/t gold from 48m;

24MYC0470
10m at 3.6g/t gold from 140m down hole (EoH 150m), including 4m at 8.9 g/t gold from 140m down hole; and

24MYC0459
49m at 1.5g/t gold from 2m down hole, including 12m at 4.9g/t gold from 34m down hole.

“We are delighted to report these final assay results from our CY2024 Phase 1 RC drilling program at Minyari Dome, Antipa Minerals managing director Roger Mason said in the company’s ASX announcement.

“The decision to expand the initial size and scope of drilling has delivered some fantastic outcomes with thick, near-surface high-grade gold mineralisation discovered at multiple target areas.

“Importantly, the drilling programme successfully identified new gold zones along the northern edge of GEO 01, at the GP01 target, and at the Minyari Southeastern Extension target.

“This serves to meaningfully increase the resource potential at the existing Minyari deposit and adds to the already substantial opportunity at GEO-01.

“Results from the program also facilitate refinement of our geological model and enable generation of multiple new drill target locations.

“In parallel, we are advancing workstreams designed to deliver a GEO-1 maiden resource and an update to the existing Minyari resource, both scheduled for July 2024, while we prepare for the upcoming CY2024 Phase 2 drilling program set to commence later this year.

“We now await assay results from the two diamond drill holes completed at our PM1 and PM2 targets which we expect will be returned late this month.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Kali Metals Reports Positive Results from Maiden Spargoville Drill Program

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THE DRILL SERGEANT: Kali Metals (ASX: KM1) reported returned positive results from its first Reverse Circulation (RC) drilling campaign at the company’s Spargoville project in Western Australia.

Kali Metals explained the Phase 1 drill program was designed as an initial reconnaissance program to test multiple outcropping pegmatites.

The company revealed the drill program has been fundamental to expanding its knowledge of the geological setting at the Flynn-Giles and Green Flame prospects, and the Spargoville project more broadly.

The drilling confirmed the presence of Spodumene in several shallow dipping pegmatite dykes and resulted in numerous lithium-caesium-tantalum (LCT) hits at Flynn-Giles.

Results from the drilling include:

24SPRC006
9 metres at 1.11 per cent lithium oxide (Li2O), including 5m at 1.73 per cent Li2O; and

24SPRC003
10m at 0.85 per cent Li2O, including 4m at 1.96 per cent Li2O:

“We are pleased to announce the results from our maiden drilling program which has importantly confirmed the presence of Spodumene-bearing, LCT pegmatites at the Flynn-Giles and Green Flame prospects,” Kali Metals managing director Paul Adams said in the company’s ASX announcement.

“In the near term, using knowledge gained from the drilling to date, preparation is underway to commence our Phase 2 program at the Walton, Parker-Grubb and Flynn-Giles East prospects in the coming weeks.

“We look forward to sharing further results with shareholders as they are received.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Legacy Minerals Intersects Epithermal Veins in Bauloora Drilling

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THE DRILL SERGEANT: Legacy Minerals (ASX: LGM) reported further drilling outcomes from the company’s Bauloora project in the Lachlan Fold Belt of New South Wales.

Legacy Minerals recently carried out diamond drilling at the project intersecting multiple new epithermal veins at never-before drill tested prospects, including Moonlight, Ben Hall, and Breakout.

Eight diamond holes tested five prospects in total, which Legacy had defined via a combination of anomalous soil and rock chip geochemistry and geophysical signatures.

The company said the diamond drill holes confirmed epithermal-style veins beneath elevated gold, silver and pathfinder rock chip and soil geochemical results, and mapped veins.

“The observations of widespread epithermal veins at Bauloora further highlight an exciting time for Legacy Minerals shareholders,” Legacy Minerals CEO and managing director Christopher Byrne declared in the company’s ASX announcement.

“The campaign was designed to test multiple new prospects across a wide area which would potentially open up new mineralised vein trends and give an indication of the scale of the system.

“Impressively, all prospects have had epithermal veins intercepted in drill core.

“While alteration, veins and breccia do not directly translate to gold and silver grades, the presence of the broad down-hole width intervals of epithermal veins and cockade breccia with adularia and hematite as well as sulphide mineralisation is a positive outcome.

“The newly discovered vein zones demonstrate the growth potential of the project with numerous anomalous geochemical trends of the project remaining completely untested and open in all directions.

“We are pleased to be able to unpack this epithermal mineral system with Newmont, our earn-in partner, and continue the good exploration work completed to date.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE