Red 5 Scores Big Hits Assaying Historical KOTH Core

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THE DRILL SERGEANT: Red 5 Limited (ASX: RED) is continuing to produce encouraging results from ongoing assaying of historical diamond drill core from the King of the Hills (KOTH) gold mine, located in the Eastern Goldfields region of Western Australia.

Red 5 said the results confirm the presence of gold mineralisation by revealing zones in areas that have been assigned zero grade in the current 3.1 million ounce Resource model.

Latest highlights include:

KUD00024
3m at 13.3 grams per tonne gold;

KUD00059
1.4m at 30g/t gold;

KUD00138
16m at 2.6g/t gold;

KUD00153
7m at 5.0g/t gold;

KUD00175
3m at 16.8g/t gold;

KUD00182
15.4m at 2.6g/t gold;

KUD00183
2.8m at 14.4g/t gold;

KUD00184
1m at 39.9g/t gold;

KUD00186
14.1m at 5.2g/t gold;

KUD00224
10m at 3.6g/t gold;

KUD00225
4.5m at 7.6g/t gold;

KUD00226
7.2m at 6.0g/t gold;

KUD00228
6.6m at 6.2g/t gold;

KUD00234
18m at 1.8g/t gold;

KUD00239
2.6m at 66g/t gold;

KUD00485
8m at 5.8g/t gold; and

KUD00562
7.2m at 4.6g/t gold.

Red 5 has now assayed a total of 17,047m of previously unassayed drill core from 266 historical diamond holes, representing approximately 49 per cent of the total length of these holes.

A further 12,600m of un-sampled intervals of historical drill core has been identified and is planned to be assayed, bringing the total to around 30,000m (compared to the initial estimate of 20,000m).

Red 5 explained that assaying of historical core is being undertaken in parallel with underground diamond drilling programs, with approximately 85,000m of drilling planned for FY2020.

The company is conducting the assay program for historical drill core in parallel with ongoing underground drilling as it considers both programs offer strong potential to expand the existing 3.1 million ounce KOTH Mineral Resource base.

“This program has been a big free kick for the project and company,” Red 5 managing director Mark Williams said in the company’s announcement to the Australian Securities Exchange.

“We continue to see very positive results from systematically assaying the extensive quantity of previously unassayed historical core available at KOTH, with the results demonstrating the presence of significant amounts of gold mineralisation located in between the high-grade veins that were the primary focus for past owners.

“In parallel, we are progressing the major underground drill program at King of the Hills, with planning underway to drill approximately 85,000 metres for FY2020.

“Assay results from this ongoing drilling will be progressively announced in due course.

“These programs will both feed into future Mineral Resource updates, as well as the ongoing Final Feasibility Study for the integrated bulk open pit and underground mining operation at KOTH, which is scheduled for completion by mid next year.”

 

Email: info@red5limited.com

Web: www.red5limited.com

 

Encounter Resources and Newcrest Drilling at Tanami JV

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THE DRILL SERGEANT: Encounter Resources (ASX: ENR) announced the completion of the first phase of RC drilling at Hutch’s Find in the Tanami region of Western Australia that is held in Joint Venture with Newcrest Mining (ASX: NCM).

Encounter Resources reported that a total of 17 RC drill holes for 4,930 metres of drilling was completed at Hutch’s Find with assay results expected in November 2019.

Newcrest is sole funding exploration activities across a series of JVs with Encounter in the Tanami and West Arunta regions of WA.

Three of these JVs (Watts, Selby and Lewis) cover over 100 kilometres of strike along the major Trans-Tanami Structure structural corridor that extends through the Tanami region.

Watts contains Hutch’s Find while Selby, where drilling is now underway, includes a number of regional scale geochemical anomalies defined in shallow drilling, discrete geophysical targets and historical high-grade gold intersections in limited deeper drilling.

Current high priority prospects at Selby include the Afghan, Mojave and Camel prospects.

The Newcrest-funded drilling program has now moved to the Afghan prospect targeting a series of dolerite units along an interpreted thrusted margin between the Stubbins Formation (equivalent unit to the host of the plus-14 million-ounce Callie gold deposit and the Killi Killi Formation.

Previous drilling at Afghan has outlined a broad near surface gold anomaly that extends over four kilometres of strike.

Exploration at Afghan is targeting down dip and plunge extensions of known mineralisation along the interpreted thrust position.

“The Newcrest operated RC drill program in the Tanami has started well with the first phase of drilling successfully completed at Hutch’s Find,” Encounter Resources managing director Will Robinson said in the company’s announcement to the Australian Securities Exchange.

“The rig has now moved to the Afghan prospect to complete a planned 12-hole program of 300 metre deep RC holes.

“The program is targeting down dip and plunge extensions of known mineralisation within a broad anomalous gold halo defined in previous shallow drilling.”

 

Email: contact@enrl.com.au

Web: www.enrl.com.au

 

Kopore Metals Intercepts Trace Amounts of Visible Copper Mineralisation

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THE DRILL SERGEANT: Kopore Metals (ASX: KMT) kept the market up to speed on exploration activities being undertaken at the company’s Kalahari Copper Belt tenement holdings in Botswana and Namibia.

Kopore Metals is carrying out diamond drilling at the Otjari Domal prospect where it has completed its first two diamond drill holes.

A third diamond drill hole has been commenced to test an identified target within the Otjari/Qembo Corridor that will seek to test a known copper occurrence and test the inferred Ngwako Pan/D’Kar Formation geological contact.

Kopore has interpreted the Otjari Domal prospect as the along strike extension of the Qembo Dome, where previous explorers obtained historical copper intersections.

The initial two Otjari diamond drillholes have been interpreted to intersect the lower D’Kar Formation proximal to the targeted contact position.

Company observations from the recent drilling program include high temperature alteration and pathfinder sulphides, known to occur on the Kalahari Copper Belt along with the identification of trace amounts of visible copper mineralisation, including chalcocite and bornite in OTJ_002, at 201.10m depth downhole.

The company will complete the third diamond drillhole and revaluate returning to the first holes for possible depth extension.

“We are very happy with our initial exploration foray into the Otjari/Qembo corridor,” Kopore Metals managing director Simon Jackson said in the company’s announcement to the Australian Securities Exchange.

“This area of the Kalahari Copper Belt is extremely underexplored and we are pleased to be the first movers on many targets.

“The presence of visible copper mineralisation tells us that we are on the right track and coupled with our increasing geological knowledge, we are looking forward to making the next copper discovery on the belt.”

 

Email: info@koporemetals.com

Web: www.koporemetals.com

 

Auroch Minerals Confirms High-Grade Nickel at Saints

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THE DRILL SERGEANT: Auroch Minerals (ASX: AOU) announced the first assay results to emerge from the first drilling program undertaken at the company’s recently-acquired Saints nickel project northwest of Kalgoorlie in Western Australia.

Auroch Minerals said the results from diamond drill-hole SNDD005 confirmed extremely high-grade nickel sulphide mineralisation, in particular high-grade nickel, including:

1.77 metres at 6.72 per cent nickel, 0.27 per cent copper and 0.13 per cent cobalt from 227.31m down-hole, including 0.50m at 9.98 per cent nickel, 0.24 per cent copper and 0.2 per cent cobalt.

The company explained the drill-hole was part of infill drilling at the Saint Patricks target area aimed at confirming the continuity of the high-grade nickel sulphide mineralisation intersected in historic drill-holes drilled by WMC in the 1990s.

Auroch claimed the intersection not only confirmed the existing mineralisation model, but the nickel grade exceeded all previous intersections.

Down-hole electromagnetic (DHEM) surveys completed last week identified a very strong EM conductor in close proximity to drill-holes SNDD001 and SNDD002 of a high conductance (over 13,000S) that Auroch identified to be typical of that caused by massive sulphide mineralisation.

The company considers the proximity of the modelled EM plate to the known high-grade nickel mineralisation on the Western Contact increases the probability that such massive sulphides may be nickel-bearing.

Auroch believes DHEM is an extremely important tool for targeting potential massive nickel sulphide mineralisation, and indicated it would be using the DHEM information gained from this program in modelling drill targets for the next phase of drilling to begin in early 2020.

“We are very encouraged by the first assay results from our maiden drilling program at the Saints nickel project,” Auroch Minerals managing director Aidan Platel said in the company’s announcement to the Australian Securities Exchange.

“The extremely high-grade of the nickeliferous massive sulphides intersected in drill-hole SNDD005 exceeded our expectations and highlight that we are in a very nickel-rich ultramafic system at Saints that is capable of hosting a major nickel sulphide deposit.

“The initial results from our DHEM surveys completed last week are also very encouraging, with a strong EM conductor on the Western Contact potentially representing extensions to the known high-grade nickel sulphide mineralisation, providing an exciting drill target that we will test as soon as practicable.

“With drilling ongoing, assay results for the first six holes pending, and further DHEM results to come, it is an exciting time for Auroch and the Saints nickel project.”

 

Email: admin@aurochminerals.com

Web: www.aurochminerals.com

 

Ramelius Resources Reports Further High-Grades from Symes’ Find

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THE DRILL SERGEANT: Ramelius Resources (ASX: RMS) announced results from recent drilling undertaken at Symes’ Find deposit at the company’s Hampton project in Western Australia.

Ramelius Resources said surface laterite gold mineralisation plus shallow oxide and bedrock gold mineralisation has been returned from step-out drilling beyond the previously reported 34,000 ounces Indicated and Inferred Mineral Resource at Symes’ Find.

Infill and step-out shallow oxide RC drill results from the recent drilling include:

11 metres at 4.38 grams per tonne gold from 2m, including 1m at 18.6g/t gold;

9m at 12.72g/t gold from 12m, including 1m at 99g/t gold

6m at 10.67g/t gold from 29m, including 3m at 19.58g/t gold

6m at 9.32g/t gold from 40m, including 2m at 23.8g/t gold

12m at 2.4g/t gold from 11m, including 1m at 10.4g/t gold

Deeper infill RC drill results confirmed continuity of mineralisation down dip within the fresh rock at Symes’ Find, including:

9m at 3.07g/t gold from 79m, including 1m at 8.19g/t gold

12m at 3.38g/t gold from 49m, including 1m at 9.45g/t gold

Further step-out surface laterite drill results also returned from Symes’ Find, included:

12m at 2.7g/t gold from surface

6m at 4.06g/t gold from 1m

5m at 2.61g/t gold from surface

Symes’ Find is located 120 kilometres southeast from the Edna May gold mine.

Ramelius indicated that drill access has recently been limited due to the winter grain cropping season, but where access was permissible the mineralisation shows good strike continuity to the south, into the larger Mt Hampton project.

Further strike extension step-out drilling is scheduled to commence once the winter grain crops have been harvested around mid-December this year.

“The latest Symes’ Find drilling results are further testament to the potential of the Edna May region to deliver future resources and reserves for the company and highlight the significance of Ramelius’ decision to consolidate a dominant land package extending over 130 kilometre strike through prospective stratigraphy around the Edna May gold mine,” Ramelius Resources managing director Mark Zeptner said in the companny’s announcement to the Australian Securities Exchange.

“We will continue to systematically explore the highly prospective Westonia/Holleton and Tampia greenstone belts to consolidate Edna May as a significant long-term production centre for the company.”

 

Email: ramelius@rameliusresources.com.au

Web: www.rameliusresources.com.au

 

Breaker Resources Identifies New Gold Anomaly

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THE DRILL SERGEANT: Breaker Resources (ASX: BRB) has identified a large new gold anomaly, which it claims to highlight the exploration upside at the company’s Lake Roe gold project, east of Kalgoorlie in Western Australia.

Breaker Resources said its recent aircore (AC) drilling outlined the anomaly, situated 1.3 kilometres southeast of the Bombora gold deposit on the Claypan prospect, over a length of 2.5km and a width of up to 500 metres.

Results include:

BAC2072
4 metres at 1.36 grams per tonne gold from 40m;

BAC2093
4m at 0.95g/t gold from 48m;

BAC2096
12m at 1.32g/t gold from 48m, including 4m at 2.75g/t gold from 48m;

BAC2102
2m at 1.16g/t gold from 80m to EOH; and

BAC2111
3m at 2.66g/t gold from 72m to EOH.

“The drilling results have outlined a significant zone of gold anomalism, designated the Claypan prospect, up to 2.5 kilometres-long and up to 500 metres-wide, Breaker Resources said in its ASX announcement.

“The scale and tenor of the gold anomalism is comparable with that associated with the Bombora and Crescent primary discoveries.

“The anomaly is partially coincident with a newly identified, Bombora Sill-like quartz dolerite up to 100 metres wide.

“Visual logging data indicates that the Claypan dolerite has a gold-prospective granophyric unit at its western margin.

“End-of-hole multi-element geochemical data indicates anomalism in several elements including gold (up to 1.26g/t), silver (up to 0.65g/t) and tellurium, the most reliable pathfinder element for the Bombora and Crescent primary mineralisation.

“The results extend the overall strike length of the camp-scale Lake Roe oxide gold anomaly, including Bombora and Crescent to at least 8.5 kilometres.

 

Email: breaker@breakerresources.com.au

Web: www.breakerresources.com.au

 

Comet Resources Scores Further High Grade Drilling Results

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THE DRILL SERGEANT: Comet Resources (ASX: CRL) announced further results from recent diamond drilling conducted at the company’s Springdale graphite project near Hopetoun in southern West Australia.

Comet Resources declared diamond drill hole HD022 had intersected up to:

16.95 metres at 16.55 per cent Total Graphitic Carbon (TGC) from 29.2m downhole, including 9m @ 26.88 per cent TGC from 30m.

The company said the drilling had encountered values up to 41 per cent TGC and that intends using the diamond drill core to provide bulk sample for upcoming priority metallurgical test work.

Comet said the results confirm excellent high-grade continuity of the North Zone graphite mineralisation.

“We have more, fantastic grades which confirm the continuity of our broad zones of high-grade graphite mineralisation in the fold-closure of the Northern Area,” Comet Resources CEO Philippa Leggat said in the company’s announcement to the Australian Securities Exchange.

“These results are pretty exciting when viewed in context of the electromagnetic survey data and the shallow, high-grade targets in the surrounding, fold closure.

“This drilling program is the first diamond drilling in the northern zone, assisting our understanding of the mineralisation, confirming the previous RC results and building towards a resource upgrade.”

The Resources Roadhouse interviewed Phillippa Leggat at the recent 2019 Brisbane Resources Round-up

Comet explained the recent diamond core drilling program has been designed to primarily provide bulk sample material for detailed metallurgical test work as well as provide geological, and structural information on the high-grade graphite mineralisation at the Northern and Western Resource areas.

Hole HD022 was completed on the western side of the North zone was targeted to both infill existing RC drilling on the section and to scissor earlier RC drill hole HR060.

The company considers Total Graphitic Carbon assays for both scissor holes at the intersection point to be very similar and confirm that there is good grade consistency between RC and diamond drill holes.

 

Email: comet@cometres.com.au

Web: www.cometres.com.au

 

Black Cat Syndicate Back Out Drilling at Bulong

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THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) informed the market it has resumed RC drilling has resumed at the company’s Bulong gold project in Western Australia.

Black Cat Syndicate said the recommenced RC drilling would now continue until mid-December 2019.

The drilling has been charged with objectives that include extensional RC drilling on the potential south-east extension of Myhree, known as the Myhree Southern Offset Target that was previously intersected returning 10 metres at 2.77 grams per tonne gold.

The program will include infill RC drilling at Myhree with the aim of converting Inferred Resource to Indicated.

Additional extensional RC drilling at the Trump North prospect will follow up and extend an earlier intersection of 4m at 13.46g/t gold and will hope to further delineate the 1,100m long Trump Corridor.

RC drilling will test historic high-grade intercepts at Anomaly 38, including 2m at 47.6g/t gold and exploration drilling at Greater Woodline will test drill ready targets the company identified by way of a recently interpreted Sub-audio Magnetic (SAM) survey, soil anomalies and historic drilling being Woodline and Fenceline.

Black Cat recently announced recent diamond drilling results from Myhree of:

19MYDD003
1.5m at 335.96g/t gold from 52.2m; and

19MYRC001
4.74m at 5.99g/t gold from 166.3m.

The company signalled additional diamond drilling will commence in November 2019 targeting core for comminution testwork along with geotechnical information around the perimeter of the potential open pit.

“The rig is back onto the potential offset position at Myhree which has significant upside potential,” Black Cat Syndicate managing director Gareth Solly said in the company’s announcement to the Australian Securities Exchange.

“If we see more signs that Myhree continues to the south, we will look for additional rigs so that we can accelerate Resource definition work ahead of our Feasibility Study work and still drill the many other high priority targets like Anomaly 38.”

Between now and December, Black Cat aims to conduct ongoing Feasibility Study activities including geotechnical and metallurgical testwork, optical televiewer data interpretation, hydrological, hydrogeological and environmental studies and additional geotechnical and metallurgical drilling.

It will also carry out drilling of priority SAM targets in the Greater Woodline area.

The company anticipates completion of the Feasibility Study in the June 2020 quarter, at which time it hopes to be able to make a decision to mine at Myhree/Trump.

 

Email: admin@blackcatsyndicate.com.au

Web: www.blackcatsyndicate.com.au

 

NTM Gold Extends Hub and Redcliffe East Mineralisation

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THE DRILL SERGEANT: NTM Gold (ASX: NTM) has completed diamond and RC drill programs at a number of prospects, including Hub and Redcliffe East, at the company’s 100 per cent-owned Redcliffe gold project located near Leonora, Western Australia.

NTM Gold said drilling at the Hub prospect had returned a number of outstanding gold intercepts, continuing to demonstrate the potential of the prospect.

The mineralisation at Hub has now been extended to a strike extent of 1,130 metres and remains open to the north and south as well as at depth.

Drilling at Hub extended strike and intersects high grades at depth, including:

6 metres at 12.9 grams per tonne gold from 63m, including 3m at 21.7g/t gold; (RC)
2m at 16.2g/t gold from 21m; (RC)
6m at 6.6g/t gold from 213m, including 3.5m at 9.1g/t gold; (diamond drilling) and
0.5m at 11.3g/t gold from 249.5m. (diamond drilling)

At Redcliffe East, the RC drilling confirmed the broad zones of mineralisation with a number of intercepts of at least 10m downhole width.

Drilling at Redcliffe East returns good grades and widths, including:

12m at 2.4g/t gold from 93m, including 3m at 5.1g/t gold; (RC) and
1m at 14.7g/t gold from 185m. (diamond drilling)

NTM Gold said Redcliffe East was similar to Hub, in that mineralisation remains open to the north, south and at depth.

The company said that all diamond results it has received have demonstrated grade continuity at both Hub and Redcliffe, with the core yielding important insights into the mineralisation at both deposits and returning good grades and widths.

NTM said the RC assays it has received to date have expanded the existing mineralisation at both Hub and Redcliffe East.

“The recent RC and diamond programs have extended the mineralisation at both Hub and Redcliffe East, with more results due in the following weeks,” NTM Gold managing director Andrew Muir said in the company’s announcement to the Australian Securities Exchange.

“Particularly pleasing is that the strike extent of Hub continues to grow.

“We look forward to further drill testing of Hub in the pending RC and diamond programs scheduled for November.”

A number of holes are yet to be resampled on one metre intervals and those results are expected over the coming weeks.

The aircore program is continuing, testing the northern and southern strike extents of Hub, along with a number of other high priority targets.

Beyond the aircore, RC and diamond drilling programs are scheduled to commence next month which is likely to continue the focus on Hub.

 

Web: www.ntmgold.com.au

Calidus Resources Confirms Robustness of Warrawoona Pit

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THE DRILL SERGEANT: Calidus Resources (ASX: CAI) announced further results from within the planned open pit at the company’s Warrawoona gold project in the Pilbara region of Western Australia.

Calidus Resources said the latest results, which will be used to establish a Measured Resource, continue to demonstrate that the mineralisation in the planned Klondyke open pit is outcropping, wide and continuous.

Recent intersections include:

19KLRC218
35 metres at 2.84 grams per tonne gold from surface;

19KLRC241
23m at 2.55g/t gold from 15m;

19KLRC243
23m at 2.06g/t gold from 1m;

19KLRC245
20m at 1.97g/t gold from 25m;

19KLRC250
23m at 1.32g/t gold from 13m;

19KLRC221
25m at 1.08g/t gold from surface;

19KLRC235
23m at 1.17g/t gold from 34m;

19KLRC244
13m at 2.05g/t gold from 15m;

19KLRC251
15m at 1.06g/t gold from 2m;

19KLRC236
13m at 1.13g/t gold from 12m;

19KLRC230
12m at 1.16g/t gold from surface;

19KLRC230
9m at 1.36g/t gold from 21m to EOH; and

19KLRC236
8m at 1.52g/t gold from surface.

“These results continue to demonstrate that the mineralisation at Klondyke is wide, continuous and outcrops at surface,” Calidus Resources managing director Dave Reeves said in the company’s announcement to the Australian Securities Exchange.

“This further boosts the economic outlook for the planned open pit while derisking the operation in the process.

“In simple terms, it means we would be mining ore from day one with no pre-strip required.

“Drilling continues at Klondyke with two rigs; while an RC rig is currently drilling greenfields targets three kilometres west of Klondyke, the diamond rig continues to infill the underground resource.

“All of this drilling is aimed at extending mine life, which would in turn enhance the previously-quoted PFS metrics.”

Calidus commenced the 88-hole resource infill drilling program in August 2019 within the boundaries of the proposed Klondyke open pit, with the objective of upgrading early production into the higher confidence, JORC compliant Measured Resource category.

The shallow RC program was designed to define the grade distribution the company anticipates to be exploited in the first twelve months of open pit mining and is concentrated on the near surface expression in the eastern portion of the Klondyke PFS proposed pit design.

The PFS has demonstrated that Warrawoona will be a robust project producing around 100,000 ounces per annum with a Life-of-Mine All-in Sustaining Cost of approximately $1,159 per ounce.

Calidus will incorporate the results of the Klondyke resource infill program into an updated resource model where the company expects to upgrade a portion of production within the first year of the open pit into the higher confidence JORC compliant Measured Resource category.

The company has recently deployed a diamond core rig to accelerate conversion of Inferred resources to Indicated as part of the development work around a potential underground operation.

 

Email: info@calidus.com.au

Web: www.calidus.com.au