Pioneer Resources Estimates Initial Inferred Mineral Resource for Cade Spodumene Deposit

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THE DRILL SERGEANT: Pioneer Resources (ASX: PIO) declared it has completed sufficient exploration to estimate an initial Inferred Mineral Resource for the Cade spodumene deposit within the company’s 100 per cent-owned Pioneer Dome project in Western Australia.

Pioneer Resources said it has also carried out enough work to estimate an Exploration Target for the project’s greater Dome North Area.

The company explained the estimation of a maiden 2012 JORC-compliant Mineral Resource for the project utilised all the recent drilling the company has completed and was carried out by an independent resource consultancy, resulting in an Inferred Mineral Resource of:

8.2 million tonnes at 1.23 per cent lithium oxide (Li2O) for 102,000 tonnes of contained Li2O.

The Resource contains a low tantalum grade at 50ppm in the samples assayed to date, however, the company is confident metallurgical testwork will ultimately determine any potential economic value to be gleaned from the tantalum as a possible by-product.

“The first Mineral Resource statement for the Cade deposit, discovered as an outcrop just a few months ago in June, is a significant step-forward,” Pioneer Resources managing director David Crook said in the company’s announcement to the Australian Securities Exchange.

“This Resource Statement relates to only one of four mineralised pegmatites identified at the Dome North Area to date, and we look forward to presenting updates to the Mineral Resource base as our exploration and definition drilling continues.”

Pioneer has not commenced metallurgical test work yet, however six diamond core holes have recently been drilled into the Cade Deposit specifically to provide samples for this work.

The Cade Deposit is one of four spodumene-bearing pegmatites discovered by Pioneer’s geological team in the Pioneer Dome North Area.

Other occurrences include:

The Heller prospect (previously Spodumene Target 1) where down-hole pegmatite intersections of between 8m and 15m have been intersected over a strike length of 460m by 10 holes to date. Spodumene has been observed in all holes by Pioneer’s geologists, where fresh pegmatite has been intersected. The mineralisation remains ‘down plunge’;

Spodumene Target 3, which has been tested by two holes to date that intersected a pegmatite 26m to 28m thick. Pioneer’s geologists have visually identified spodumene crystals in pegmatite in this drill hole; and

A new 20m thick pegmatite target located 400m south of the Cade deposit, tested to date by three holes.

The company has also identified several other geochemical targets.

The company has a conceptual Exploration Target for the Dome North Area of between 17 to 27 million tonnes of spodumene-bearing pegmatite at a grade between 1 and 1.4 per cent Li2O, in addition to the Cade deposit.

 

Web: www.pioresources.com.au

Antipa Minerals Drills Mineralised Extensions at Calibre Rio Tinto JV

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THE DRILL SERGEANT: Antipa Minerals (ASX: AZY) advised of progress from the exploration program that is underway at the Citadel project Rio Tinto Farm‐in and Joint Venture in the Paterson Province of Western Australia.

The Citadel project enjoyed a budget of $3.4 million that was fully-funded by Rio Tinto, allocated to the 2019 calendar year exploration program.

This has now been completed and included 6,842 metres of reverse circulation (RC) and diamond‐core (DD) drill testing of both brownfield and greenfield targets that included Calibre resource extension targets and aerial‐electromagnetic (AEM) conductivity anomalies and magnetic anomalies.

Antipa Minerals reported that the diamond drilling at the Calibre deposit intersected healthy widths of gold‐copper‐ silver mineralisation well beyond the limits of the existing 47.7 million tonnes at 0.85 grams per tonne gold gold, 0.15 per cent copper and 0.48g/t silver for 1.3 million ounces of gold, 69,555 tonnes of copper and 0.73 million ounces of silver Mineral Resource located 45 kilometres east of Rio Tinto’s Winu copper‐gold‐silver deposit.

Aassay results for the first diamond drill hole (19CED0009) include:

163.9m at 0.6g/t gold and 0.04 per cent copper from 303.1m down hole, including 26m at 1.11g/t gold and 0.05 per cent copper from 429m and 0.47m at 14.45g/t gold, 0.64 per cent copper and 4.69g/t silver from 310m; and

19.8m at 0.62g/t gold and 0.07 per cent copper from 198.7m down hole.

“Antipa’s Paterson Province dual exploration strategy strives to deliver both greenfield discoveries and increase brownfield gold and/or copper resources during 2019,” Antipa Minerals said in its ASX announcement.

“The recently completed 2019 Calibre drilling program evaluated the potential for a material increase in the existing Mineral Resource.

“Assay results received for the first DD hole confirm significant gold‐copper mineralisation 200 metres beyond the limits of the current Mineral Resource.”

 

Web: www.antipaminerals.com.au

 

St George Hits More Mt Alexander Nickel-Copper Sulphides

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THE DRILL SERGEANT: St George Mining (ASX: SGQ) has encountered further thick intercepts of high-grade mineralisation from drilling of deeper EM conductors at the company’s Mt Alexander project in the north-eastern Goldfields of Western Australia.

St George Mining hit thick intersections of nickel-copper sulphides, including massive sulphide mineralisation, in two further drill holes – MAD173 and MAD174 – that were completed to test deeper electromagnetic (EM) conductors identified by downhole EM (DHEM) surveys in the recently completed deeper stratigraphic holes along the Cathedrals Belt.

MAD173 and MAD174 are large step-out holes that were located down-dip at the Investigators prospect.

St George declared that, together with MAD172, the two latest holes have confirmed an east-west strike of nickel-copper sulphide mineralisation at depth for more than 800m.

The down-plunge extent of high-grade mineralisation has increased to more than 300m with mineralisation open to the north-west and in the down-dip direction.

The company said the style of mineralisation that it has intersected is consistent with mineralisation that has been structurally remobilised from a larger and proximal source of high-grade nickel-copper sulphides.

“These drill results are further evidence of the large high-grade mineral system at the Cathedrals Belt, with significant down-plunge extensions established and mineralisation open in the down-dip direction,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.

“With only limited drilling at depth, we believe there is strong potential to significantly increase the scale of defined mineralisation, both along strike and at depth.”

St George indicated that a DHEM survey will be completed in MAD173 and in MAD174 to investigate for further mineralisation around the holes.

The company explained the current drilling is located within an area of strong SAMSON EM anomalism which has not yet been followed up by drilling, and has been interpreted as likely to be related to further nickel-copper sulphide mineralisation.

Follow-up drilling will be prioritised after review of the DHEM survey data.

MAD173 and MAD174 have been drilled in a section of the Investigators prospect where other recent deeper drill holes have been completed.

All holes have intersected sulphide mineralisation at depth, which St George believes could possibly add mineralisation to a potential resource at this prospect while indicating further exploration upside down-dip.

 

Web: www.stgm.com.au

 

Gateway Mining Expands Gidgee Gold Project Drilling Program

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THE DRILL SERGEANT: Gateway Mining (ASX: GML) is progressing with an ongoing Reverse Circulation (RC) drilling program at the company’s 100 per cent-owned Gidgee gold project in Western Australia.

Gateway Mining declared the drilling to date has produced an excellent outcome, being ahead of the original schedule.

The positive progress has encouraged the company to extend the program until the end of November, which will result in a total of 11,000 metres for 94 holes being drilled compared to the original 8,000m program.

Gateway indicated that on completion of the RC drilling, a planned air-core drilling program will commence that will continue through to the end of the exploration field season in mid-December.

“The aim of the RC drilling is to target immediate extensions to the Whistler and Montague gold deposits, as well as undertake first-pass drill testing of a series of high-priority targets along the granodiorite contact,” Gateway Mining explained in its ASX announcement.

“In addition to this, the air-core drilling is designed to commence systematic testing of large strike extensions of the prospective granodiorite contact that have never previously been tested.

“Initial samples from the program have been submitted to the laboratory for assay and results will be reported as they come to hand.”

 

Web: www.gatewaymining.com.au

 

NTM Gold Highlights New Gold Trends

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THE DRILL SERGEANT: NTM Gold (ASX: NTM) recently completed a 125-hole aircore program at the company’s 100 per cent-owned Redcliffe gold project located near Leonora in Western Australia.

NTM Gold said the drilling identified several new anomalous gold trends to the north and south of the Hub prospect, some of which have come in at over 800 metres long with a number of +0.5 grams per tonne intercepts in five metre composite samples.

NTM believes these may represent strike extensions of the current Hub mineralisation.

Gold anomalism associated with Hub can now be traced for over three kilometres.

Following a recent RC program at Hub, NTM has received the remaining 1m resamples that were taken from the initial 5m composite samples.

These have closely aligned to the initial composite samples, but given better definition on grade distribution.

Resamples of recent Hub RC 5m composites include:

3 metres at 9.8 grams per tonne gold within 7m at 5.6g/t gold from 175m;
6m at 2.4g/t gold within 14m at 1.6g/t gold from 120m; and
1m at 4.9g/t gold within 15m at 1.2g/t gold from 82m.

The company added that 1m samples from the holes at the very north and south of the prospect have confirmed the strike length of the mineralisation to be at least 1,130m, and still open to the north and south.

RC drilling has recommenced at Hub targeting northern, southern and depth extensions the company identified in its last RC program.

Drilling will also test grade continuity close to surface.

“The RC resamples have confirmed the grades and continuity of mineralisation at Hub and continue to highlight the mineralised systems potential,” NTM Gold managing director Andrew Muir said in the company’s announcement to the Australian Securities Exchange.

“With a 1,130-metre strike and remaining open to the north, south and at depth, Hub continues to grow with each drill program.

“The recent aircore program continues this theme, delivering highly encouraging results which may represent further strike extensions to Hub.

“These new anomalies will be followed up in the new year after the current RC program is completed.”

 

Web: www.ntmgold.com.au

 

Matador Mining Hits High-Grade Gold Intercepts at Window Glass Hill

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THE DRILL SERGEANT: Matador Mining (ASX: MZZ) has encountered some high-grade gold hits during an ongoing exploration program at the company’s Cape Ray gold project in Newfoundland, Canada.

Matador Mining reported drilling results from Window Glass Hill within the Cape Ray project that has continued to deliver strong exploration results, including:

CRD091
29m at 1.9 grams per tonne gold, including 3m at 9.7g/t gold from 44m and 9m at 3g/t gold from 64m;

CRD087
21m at 1.3g/t gold, including 2m at 11.4g/t gold from 38m;

CRD086
13m at 1g/t gold, including 3.2m at 3.4g/t gold from 89m;

CRD090
3m at 3.4g/t gold from 47m; and

CRD089
5m at 1g/t gold from 47m.

Matador Mining said the drilling at Window Glass Hill has now stepped out more than 240m from the existing resource and results have confirmed the potential for this to be a large tonnage, low strip deposit.

According to the company, the drilling also confirmed mineralisation is trending in an up-dip trajectory from the existing resource with recent drilling encountering higher grade gold mineralisation than previously reported, which Matador thinks may indicate the potential for a high-grade section at the Window Glass Hill deposit.

Drilling at the southern extension of Central Zone at the PW deposit, intercepted mineralisation up-dip to the previously reported hole (CRD052), returning:

CRD088
5.8m at 2.1g/t gold from 57m.

“We are pleased with the continued drilling success at Window Glass Hill, as results give further encouragement that this is shaping up as a shallow, large tonnage deposit,” Matador Mining executive director Keith Bowes said in the company’s announcement to the Australian Securities Exchange.

“With drilling having identified shallow resource extensions, mining at Window Glass Hill is expected to be simple and cost effective, providing support for project development.

“In addition, up-dip drilling at the PW deposit in Central Zone has confirmed a higher-grade section of this deposit and extended the previous 2.5 kilometre resource boundary at Central Zone.

“Given that both PW and Window Glass Hill are granites deposits, there is potential for these to join.

“There has been limited to no drilling between these deposits which are approximately one kilometre apart and this is a priority area for follow up work.”

Window Glass Hill hosts an existing resource of 134,000 ounces of gold at 1.2g/t gold and is located approximately one kilometre from form the PW deposit at Central Zone.

 

Email: info@matadormining.com.au

Web: www.matadormining.com.au

 

Bellevue Gold Returns Further High-Grade Gold Hits

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THE DRILL SERGEANT: Bellevue Gold (ASX: BGL) is beavering away at the company’s Bellevue gold project in Western Australia.

Bellevue Gold has a total of eight rigs are currently operating after an additional two further rigs were added to the fleet to drill through to the end of the year.

The company said the drilling is targeting exploration step out at the new Deacon & Mavis Discoveries and to infill areas to upgrade the resource category at the other target areas which currently form the current resource of 1.8 million ounces at 11.1 grams per tonne gold of Inferred category resources.

High-grade gold drill results have continued to flow from ongoing diamond core from infill drilling at the Tribune and Viago Lodes.

Shallow infill drilling the company has completed at Tribune Lode in the top 200 metres from surface has consistently intersected the Lode as expected with numerous high-grade gold results reinforcing the current inferred resource model.

A large portion of the current Tribune Lode inferred resource has now been infilled to 40m by 20m spacing, aimed at increasing the confidence level of the resource to be updated in 2020.

Results include:

DRDD257
9.6 metres at 14.1 grams per tonne gold from 107.9m;

DRDD247
3m at 33g/t gold from 162m;

DRDD200
1.9m at 29.3g/t gold from 58m;

DRDD202
5.2m at 5.4g/t gold from 203m; and

DRDD220
0.6m at 273.5g/t gold from 155m.

Bellevue has also commenced infill drilling at the Viago Lode with drilling to continue over the coming months ready for conversion to a higher resource confidence level in 2020.

Results include

DRDD227
0.7m at 74.8g/t gold from 590.4m;

DRDD222
5m at 11.1g/t gold from 606m; and

DRDD233
3m at 19.8g/t gold from 580.5m.

The company’s infill diamond core drilling program is now underway at the Viago, Bellevue South and Vlad Lodes with two rigs currently operating.

Bellevue has allocated additional resources to the Deacon and Mavis discovery with six rigs targeting step out expansion drilling as well as targeting a number of high-priority off-hole DHEM conductors during the remainder of Q4 2019.

Several new visual drill core intersections have been reported with visible gold from Deacon & Mavis Lodes drilling.

Results expected to be received in the coming weeks.

“Around 35 per cent of the infill drill program has now been completed and we anticipate making significant progress by the end of Quarter one 2020,” Bellevue Gold managing director Steve Parsons said in the company’s announcement to the Australian Securities Exchange.

“Infill drill results continue to demonstrate the quality and high-grade of the Bellevue mineralised gold system.

“The company has also sourced a further two diamond core drill rigs to operate through until the end of 2019 to allow the assessment of what looks like a very large and significant target at the Deacon and Mavis Lodes discovery.

“We now have six drill rigs operating over 1.8 kilometres of strike on this new discovery taking the total rigs to eight on site.

“We are very excited by what we are seeing at the Deacon & Mavis discovery and intend to update the market as further results become available.”

 

Email: admin@bellevuegold.com.au

Web: www.bellevuegold.com.au

 

Alicanto Minerals Encounters High-Grades in Sweden

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THE DRILL SERGEANT: Alicanto Minerals (ASX: AQI) has enjoyed swift success from the maiden exploration program underway in Sweden.

Alicanto Minerals announced drilling on the Oxberg and Naverberg VMS (Volcanogenic Massive Sulphide) project within the Bergslagen Mining District of Sweden has returned high-grade results.

The company said the first two drill holes of the maiden reconnaissance drill program intersected shallow massive sulphides with grades of up to 9.5 per cent copper, 16 grams per tonne gold, 285g/t silver, 3.9 per cent lead and 8.2 per cent zinc at the Lustebo prospect.

Results include:

Drill hole 19-01
2.5 metres at 4.2g/t gold, 43g/t silver, 2.2 per cent copper and 1.7 per cent zinc from 151.5 m, including a massive sulphide zone of 0.8m at 13.1g/t gold, 126g/t silver, 6.43 per cent copper, 1.9 per cent lead & 4.7 per cent zinc from 152.63m;

Drill hole 19-02
2.72m at 0.3g/t gold, 43g/t silver, 1.1 per cent copper, 0.4 per cent lead and 1.1 per cent zinc from 152.68m, including a massive sulphide zone of 0.2m at 0.5g/t gold, 285g/t silver, 9.5 per cent copper, 2.6 per cent lead & 6.5 per cent zinc from 152.68m.

“The company is very excited to announce the intersection of massive sulphides with high-grade copper, gold and zinc assays from its maiden diamond drilling program at the Lustebo prospect,” Alicanto Minerals chief executive officer Peter George said in the company’s announcement to the Australian Securities Exchange.

“The exceptionally high grades encountered in the maiden drilling support the company’s belief that significant high-grade base metal deposits exist in the underexplored Oxberg project area.

“Alicanto will follow up these drilling results with down-hole electromagnetic surveys (DHEM) to help plan further drilling to define the extent of the massive sulphide body and to vector drilling to more significant widths of the mineralisation.

“Lustebo is the first prospect area the company has drilled within more than 45 kilometres of mapped prospective, mineralised horizons throughout the Oxberg-Naverberg project area.

“Multiple other prospects have been identified and are being advanced towards preliminary drill testing.

“In addition, the company has commenced an IP survey at its recently identified Wolf Mountain copper-gold prospect, nine kilometres from the Lustebo prospect to follow up on significant copper mineralisation observed on surface with rock chip results of up to 11.9 per cent copper.

“Phase two follow up drilling as well as new target drilling is anticipated to commence in the near term once permitting is completed.”

Alicanto is also currently carrying out a 12,000-metre diamond drill program at the company’s Arakaka gold project in Guyana.

“Results from the 12,000 metre diamond core drilling program at our Arakaka gold project in Guyana, fully funded by NordGold SE, are also anticipated soon,” George said.

 

Email: admin@alicantominerals.com.au

Web: www.alicantominerals.com.au

 

Saturn Metals Continues Drilling at Apollo Hill

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THE DRILL SERGEANT: Saturn Metals (ASX: STN) released new results from a reverse circulation (RC) drilling program underway at the company’s 100 per cent-owned Apollo Hill gold project in the Goldfields region of Western Australia.

Saturn Metals is currently drilling up to 13,000 metres at Apollo Hill as it looks to rapidly expand the newly discovered high-grade hanging wall zones and to grow the project’s recently upgraded 781,000 ounce Mineral Resource.

The company said the drilling is focussed on extending mineralisation with results from exploration step-outs to the east and down dip including:

AHRC0269
5 metres at 5.19 grams per tonne gold from 44m within 16m at 1.69g/t gold from 44m;

AHRC0244
11m at 1.2g/t gold from 180m within 25m at 0.61g/t gold from 166m; and

AHRC0242
7m at 2.13g/t gold from 64m.

Saturn explained the results from AHRC0269 (5m at 5.19g/t gold from 44m) have identified a new gold lode to the north-east of Apollo Hill, outside the existing resource that was completed in October 2019.

The results achieved in AHRC0244 (11m at 1.2g/t gold from 180m) have highlighted the continuity of the hanging wall lodes down dip, 80m below the current hanging wall resource, and adjacent to the main lode.

At this stage the drilling remains open while intersections continue to improve the ratio of mineralised material to non-mineralised material in the Resource area.

Assays are pending for a further 28 holes that have been drilled to date.

“Results continue to confirm our thesis for step change growth immediately adjacent to the Apollo Hill main lode,” Saturn Metals managing director Ian Bamborough said in the company’s announcement to the Australian Securities Exchange.

“We are extremely encouraged by the widening gold system, further higher-grade intersections, and the extension of the hanging wall system down dip.

“We are pressing ahead with our accelerated exploration effort as our confidence in the geological picture and gold system grows.”

 

Email: info@saturnmetals.com.au

Web: www.saturnmetals.com.au

 

Galan Lithium to Commence Resource Definition Geophysics

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THE DRILL SERGEANT: Galan Lithium (ASX: GLN) is about to commence geophysical CSAMT (Controlled Source Audio‐frequency Magnetotellurics) surveys over the company’s Pata Pila and Rana del Sal projects in Aregntina.

Galan Lithium said the CSAMT surveys would assist in the estimation of potential lithium brine resources at the Western Basin of the Hombre Muerto salar in Argentina.

The company’s Rana de Sal and Pata Pila licenses cover large alluvial fan areas covering the western margin of the Hombre Muerto salar.

Recent drilling undertaken by Galan targeted single lines of highly conductive CSAMT anomalies recorded from previously completed surveys.

The company was encouraged by drilling that returned intercepts of high-grade/low-impurity lithium bearing brines.

The results from Pata Pila confirmed high-grades with all samples returning lithium grades greater than 900mg/l lithium with low impurity levels.

“Several lines of CSAMT surveying, additional to the existing lines…will be conducted across the alluvial fans at both Pata Pila and Rana del Sal,” Galan Lithium said in its ASX announcement.

“The surveys aim to map conductivity contrasts to assist in identifying the extent of lithium‐bearing brine aquifers and to define the geometry and depths to basement.”

The surveys are to be conducted by the company’s geophysical consultants Quantec Geoscience Ltd that previously conducted the surveys over the nearby Candelas channel at Hombre Muerto where Galan recently announced a maiden resource.

 

Web: www.galanlithium.com.au