Spectrum Metals Continues Penny North Golden Run

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THE DRILL SERGEANT: Spectrum Metals (ASX: SPX) received assay results from a further eight holes from recent drilling at the company’s Penny North prospect, located south of the Youanmi mining centre in Western Australia.

The assay results included intercepts of:

SPWRC027
2 metres at 140 grams per tonne gold from 153m, within 6m at 47.4g/t gold from 150m;

SPWRC029
6m at 46.8g/t gold from 121m, within 11m at 25.8 g/t gold from 121m;

SPWRD024
2m at 12g/t gold from 173m;

SPWRC028
1m at 16.2 g/t gold from 172m; and

SPWRC030
1m at 11.4 g/t gold from 175m.

Spectrum Metals said the intersection in hole SPWRC029 was encountered immediately up dip of previously released hole SPWRC002, which recorded an intersection of 8m at 23.3g/t gold within 14m at 14.4g/t gold from 128m.

Spectrum refer to SPWRC002 as the ‘discovery hole’.

“The Penny North prospect continues to deliver exceptional results for Spectrum, remaining open in all directions,” Spectrum Metals managing director Paul Adams said in the company’s announcement to the Australian Securities Exchange.

“We are currently designing and preparing for our Phase II drilling program to expand on our recent discoveries both at the Penny North prospect and under the open pit at Penny West.”

 

Email: info@spectrummetals.com.au

Website: www.spectrummetals.com.au

 

Canyon Resources Identifies 70 New Bauxite Targets

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THE DRILL SERGEANT: Canyon Resources (ASX: CAY) completed a LiDAR (light imaging, detection and ranging) and high resolution ortho-photographic survey over the company’s Minim Martap project area in Cameroon.

Canyon Resources said the survey had identified more than 70 additional bauxite plateaux across its three permits.

Canyon processed data from the LiDAR survey into a highly accurate and detailed digital elevation model (DEM), which identified the exact size, location and elevation of more than 70 additional plateaux on the Minim Martap, Makan and Ngaoundal permits, which are not already included in the existing Mineral Resource Estimate for the project.

The company explained the newly identified plateaux represent 65 per cent of all the plateaux surface area identified at the target elevation on the three Minim Martap project permits.

To date, plateaux investigated at this elevation have consistently contained 7 metres to 15m thick, high-grade, low contaminant bauxite.

The 70 new plateaux represent an additional area of 65.4 square kilometres compared with the current resource area which is identified across 35.6sqkm.

“This LiDAR survey is the first time a detailed survey of all the bauxite plateau on the Minim Martap project has ever been completed,” Canyon Resources managing director Phillip Gallagher said in the company’s announcement to the Australian Securities Exchange.

“It is pleasing to see that the untested bauxite plateaux that can be seen into the distance when visiting the project, are all at a similar elevation as the identified high-grade bauxite plateaux.

“Our past experience from the Birsok project confirmed that the elevation of a bauxite plateau in that region is a key driver of the grade, level of contaminants and width of the bauxite on the plateau.

“The Minim Martap project has the potential to be one of the largest and highest grade bauxite deposits globally and it is located alongside operating and accessible rail infrastructure.”

The Minim Martap project has a JORC Code 2012-compliant resource of 550 million tonnes at an average grade of 45.5 per cent total aluminium oxide (Al2O3) and total 2.06 per cent silicon dioxide (SiO2).

In March 2019, Canyon announced a very high-grade resource of 250.9 million tonnes at 50.8 per cent Al2O3 (total) and 1.9 per cent SiO2 (total) as part of this resource, which it claimed validated its theory the project is one of the highest grade, very low silica bauxite resources globally.

 

Email: info@canyonresources.com.au

Website: www.canyonresources.com.au

 

Bellevue Gold Identifies New Near-Mine Gold Targets

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THE DRILL SERGEANT: Bellevue Gold (ASX: BGL) updated the market on regional exploration activities underway within 20 kilometres of the company’s Bellevue gold deposit in Western Australia.

Bellevue Gold has been busy, developing targets towards initial drill testing implementing a combination of low-cost exploration including mapping, rock chipping and data review of multiple historic data sets.

The company has identified three high-grade gold target areas within the Agnew-Wiluna Greenstone Belt to the immediate north and west of its gold discovery at Bellevue.

The targets include the Government Well prospect, a four-kilometre-long gold trend the company defined by mapping, rock chipping and looking at historical drilling.

Recent rock chip results recorded results of 40 grams per tonne gold, 31.8g/t gold and 31.9 g/t gold.

There has been limited historic drilling undertaken at Government Well, however historical shallow drill results include 2 metres at 19.7g/t gold from 32 m; and 2m at 22.8g/t gold from 8 m.

Recent rock chip results from the Bellevue North West prospect returned 102g/t gold.

There has also been multiple, undrilled, Bellevue Style mineralised veins identified that are ready for drill testing.

Bellevue North West is 1.6km along strike from the recent high-grade drill intercept the company achieved at Tribune Lode of 6.5m at 22.2g/t gold.

The Bellevue West prospect demonstrates multiple new Bellevue Style mineralised veins to the west of current BGL drilling with initial rock chip results of 4.3g/t and 2.9g/t gold.

There has been over 2km of highly anomalous downhole gold identified in historical drilling with Bellevue Lode style mineralisation observed in historical drill chips.

Wide spaced and shallow historical drill results include: 1m at 4.58g/t gold and 1m at 3.25g/t gold.

“In tandem with the company’s resource step-out and extension drilling that is ongoing at the high-grade Bellevue gold deposit the company has also commenced a significant near-mine exploration targeting program over the past few months that has been focussed on developing multiple, high-grade gold targets along strike of the high-grade gold discovery at Bellevue,” Bellevue Gold managing director Steve Parsons said in the company’s announcement to the Australian Securities Exchange.

“Bellevue Gold’s land package includes eighteen kilometres of strike potential of the Bellevue Gold Trend as well as a significant area outside the immediate Bellevue mine that remains highly prospective for repeats and satellite orebodies of which this latest work has focussed on getting these targets into a drill ready state.

“Excitingly, the mineralisation styles and high-grade nature of the identified near mine targets exhibit strong similarities to those observed at the globally significant Bellevue gold deposit.

“With four diamond core drill rigs focussed on delivering an update to the resource estimate in the second quarter of this year the recently identified targets will be subjected to further exploration through a combination of surface and geophysical exploration ahead of initial drill testing in the very near term.”

 

Email: admin@bellevuegold.com.au

Website: www.bellevuegold.com.au

 

Galan Lithium Hits Further Brines With Third Hole

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THE DRILL SERGEANT: Galan Lithium (ASX: GLN) has completed a third drillhole, C‐03‐19, at the company’s Candelas lithium brine project located southeast of the Hombre Muerto salar in Argentina.

Galan Lithium drilled the hole approximately 2.5 kilometres south of its maiden drillhole (C‐01‐19) that provided results including an intercept of 192 metres at 802mg/l lithium with low impurities.

“The geological sequence largely replicates that observed in the maiden drillhole comprising a thick layer of ignimbrite lying below surficial alluvial cover,” Galan Lithium Said in its ASX announcement.

“The hole then encountered a sequence of sands and clays hosting salty waters which then, at approximately 276 metres, turned to brines hosted within a permeable breccia‐ conglomerate and, from 398 metres, within fractured basement.”

Galan Lithium said it would now case the hole and conduct downhole geophysical logging and further sampling of the brine.

Once this has been completed, it anticipates moving the drill rig to a new location to undertake drilling of a fourth drillhole.

The company is also awaiting the permitting for further drillholes at Candelas beyond the initial five holes approved by the Catamarcan authorities.

 

Website: www.galanlithium.com.au

 

St George Mining Progresses Mt Alexander Drilling

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THE DRILL SERGEANT: St George Mining (ASX: SGQ) is in the middle of a nickel-copper sulphide drilling campaign at the company’s Mt Alexander project, located near Leonora in the north-eastern Goldfields.

St George Mining has completed numerous drill holes along the Cathedrals Belt that have intersected the host ultramafic unit as well as nickel sulphides, which the company says supports potential for extensions of the known zones of nickel-copper sulphide mineralisation along the Cathedrals Belt.

DHEM surveys are being carried out in the completed drill holes, from which strong off-hole EM conductors have been identified.

Several of these new EM conductors are located down-plunge of known high-grade nickel-copper sulphides, towards the north-northwest that ST George has interpreted to be in a down-dip direction of the host ultramafic unit and identifying it as a priority target area for potential massive sulphides at depth.

To date, 32 drill holes have been completed in the current program and a further 13 drill holes have been planned to test the additional targets identified to date.

He company anticipates adding more drill holes to the program as DHEM survey results are reviewed and further drill targets are prioritised for testing.

“Infill and extensional drilling in the current drill program has successfully increased the continuity of the mineralised horizon at the Cathedrals Belt, where high-grade discoveries at Investigators, Stricklands and Cathedrals have been made over a strike of 4.5 kilometres,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.

““Results at Cathedrals West are particularly pleasing with multiple intersections of ultramafic and nickel sulphide mineralisation extending into the Fairbridge area, where numerous known nickel-copper gossans are located.

“The new conductors identified from the downhole EM surveys are very exciting and have the potential to significantly increase the down-plunge extent of the high-grade nickel-copper sulphides.

“Mineralisation remains open in the down-dip direction to the north-northwest and we will continue to scope out the extent of the mineralisation in this area with deeper drilling.

“The ongoing results from the drilling and downhole EM surveys indicate strong potential for further mineralisation to be discovered at the extensive mineral system at the Mt Alexander project, and we are pleased to extend the current drill program to further test the high-priority targets evolving from the ongoing exploration programs.”

 

Website: www.stgm.com.au

Emmerson Resources Hits Copper and Base Metals at Whatling Hill

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THE DRILL SERGEANT: Emmerson Resources (ASX: ERM) has completed a round of Reverse Circulation and diamond drilling over the Whatling Hill project within the company’s Fifield tenement in New South Wales.

Emmerson Resources reported that drill hole WHDD002 intersected 14 metres of chalcopyrite-pyrite-quartz veins and stockworks 194m down the hole.

Drill hole WHDD001 encountered sporadic veins of chalcopyrite, pyrite and locally molybdenite, sphalerite and galena;

Emmerson said that alterations of epidote-chlorite and base metal mineralisation with pyrite were all consistent with intersecting the distal portions of a porphyry copper system.

Anomalous soil geochemistry and geophysical targets extend over a large square kilometre area with recent drilling testing less than five per cent of this area.

Emmerson anticipates receiving assays and full analysis of the alteration and geology in four to five weeks.

“First pass drilling at Whatling Hill has been successful in establishing the presence of porphyry copper style mineralisation – which is a fantastic result given the aim of this drilling was to gain an insight into the underlying geology in an area that is covered and has seen little previous exploration,” Emmerson Resources managing director Rob Bills said in the company’s announcement to the Australian Securities Exchange.

“While the intersection of chalcopyrite-pyrite in quartz veins and stockworks from WHDD002 is obviously very encouraging, and the detailed geology is even more so with the intersection of multiple intrusions and intense alteration – mainly epidote and chlorite which signals that the drilling has yet to sample the core of the porphyry system.

“Further analysis of the alteration and vein orientations, combined with the assay results and geology, will assist in providing vectors to the core of the mineralisation and determine the location of the next drilling campaign.”

 

Email: admin@emmersonresources.com.au

Website: www.emmersonresources.com.au

 

Galan Lithium Drilling Encounters Highly Conductive Brines

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THE DRILL SERGEANT: Galan Lithium (ASX: GLN) announced highly conductive brines have been intercepted in the third drillhole at the company’s Candelas lithium brine project located on the Hombre Muerto salar in Argentina.

Galan Lithium said field measurements had indicated the upper levels of a brine bearing aquifer were encountered in the third drillhole to be drilled at Candelas, C-03-19.

The brine was intercepted from depths of approximately 280 metres to the current depth of approx. 309m.

This hole is located approximately 2.5 kilometres southeast of the maiden drillhole which provided results including an intercept of 192 metres at 802mg/l lithium with low impurities.

The company explained the geological sequence largely replicates that observed in the maiden drillhole incorporating a thick layer of ignimbrite lying below surficial alluvial cover.

The hole then encountered a sequence of sands and clays hosting salty waters which then, at around 280m, turned to brines hosted within a permeable breccia-conglomerate.

“The discovery of further brines within the Candelas channel reinforces our view that the project has the very real potential to host a significant lithium resource in one of the world’s premium salars at Hombre Muerto,” Galan Lithium managing director Juan Pablo (JP) Vargas de la Vega said in the company’s announcement to the Australian Securities Exchange.

The company has also now received assays from this second drill hole (C-02-19) located some 9.5km south of the maiden drillhole that encountered fractured basement at 632m and was completed to a total depth of 662m.

These assays confirm the field observations which indicated a lower grade lithium bearing aquifer interpreted to be due to dilution from hydrothermal waters.

 

Website: www.galanlithium.com.au

 

Spectrum Metals Hits New Gold Zone at Penny West

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THE DRILL SERGEANT: Spectrum Metals (ASX: SPX) released first assay results from drilling carried out below the open pit at the company’s Penny West deposit, south of the Youanmi mining center in Western Australia.

Spectrum Metals has received assay results from eight holes drilled beneath the open pit that encountered high-grade gold intercepts, including:

SPWRC006
5 metres at 28.9 grams per tonne gold from 203m, including 1m at 103g/t gold from 203m, within 31m at 5.5g/t gold from 203m.

The company explained this intersection was hit in the deepest and southern most hole yet received from the drilling program underneath the Penny West open pit.

Describing it as being “unusually thick” Spectrum believes the intersection may represent a new zone of structural thickening to the south and at depth and has generated a large new target for further drilling.

Encouraged by the results, Spectrum is currently designing a program of RC and diamond holes to follow up the intersection in hole SPWRC006 down dip and to the south in addition to the holes that are still to be drilled under the northern end of the pit.

Further assays are pending for drilling at other targets of Magenta (3 holes), Penny West (3 holes) and Penny North (12 holes).

“This is another incredible intersection for Spectrum and once again clearly demonstrates the capacity of the Penny West gold system to deliver significant gold mineralisation,” Spectrum Metals managing director Paul Adams said in the company’s announcement to the Australian Securities Exchange.

“Hole SPWRC006 is the deepest hole on the southern-most line drilled into the Penny West lode in our program and was designed to discover depth extensions to the known mineralisation.

“This intersection could open up a new exploration front under and south of the Penny West Pit.”

 

Email: info@spectrummetals.com.au

Website: www.spectrummetals.com.au

 

Alliance Resources Continues Weednanna Gold Growth

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THE DRILL SERGEANT: Alliance Resources (ASX: AGS) announced results of the latest round of reverse circulation (RC) drilling at the company’s Weednanna gold deposit on the Eyre Peninsula, South Australia.

Alliance Resources said the results from this latest round of drilling program had continued to grow the size of the Weednanna deposit outside of the Maiden Mineral Resource area, with highlights including:

High grade gold intersected near the southern end of Shoot 4 with intersections of:

19WDRC017
2 metres at 46.8 grams per tonne gold from 101m; and

19WDRC020
3m at 9.7g/t gold.

“These latest drilling results confirm that, as evidenced at Shoot 4, significant gold can occur near the footwall contact of the Paleo-Proterozoic calc-silicate and magnetite skarn, and that lower grade gold zones can act as a vector towards higher-grade gold mineralisation,” Alliance Resources said in its ASX announcement.

“In general, the footwall contact of the skarn is poorly tested by drilling and significant potential remains to discover further gold in this geological position.”

Shoot 5E continues to be defined with intersections of:

19WDRC004
3m at 6.9g/t gold from 106m;

19WDRC007
10m at 7.7g/t gold from 117m, including 7m at 10g/t gold from 118m; and

19WDRC010
2m at 19.9g/t gold from 77m;

The gold potential of Shoot 11 emerged with intersections of:

19WDRCC012
3m at 7.3g/t gold from 97m; (hanging wall)

19WDRC012
12m at 2.5g/t gold from 108m, including 8m at 3g/t gold from 108m;

19WDRC013
16m at 3.7g/t gold from 134m, including 10m at 4.3g/t gold from 134m;

19WDRC022
1m at 19g/t gold from 77m; (hangingwall) and

19WDRC022
7m at 4.5g/t gold from 90m.

Alliance explained that Shoot 11 was identified during 2018 while the company conducted 3D modelling of the geology of the Weednanna deposit.

This shoot is positioned near the footwall contact of the Paleo-Proterozoic calc-silicate and magnetite skarn.

 

Email: info@allianceresources.com.au

Website: www.allianceresources.com.au

 

Cygnus Gold Identifies New Kepler Gold Zone

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THE DRILL SERGEANT: Cygnus Gold (ASX: CY5) is set to commence drilling targeting the recently identified Kepler Zone at the company’s Stanley project in the Wheatbelt of Western Australia.

Cygnus Gold identified the Kepler Zone via a detailed review of earlier Cygnus drillhole STRC0002, drilled in late 2018 that ended in mineralisation with resampling of the original mineralised intercepts returning encouraging results.

The Kepler Zone is adjacent to Cygnus’ shallow high-grade Bottleneck gold prospect and the drilling program will initially target a metadacitic rock unit that has only been lightly tested by deeper drilling at Bottleneck.

Cygnus considers this metadacite unit to be a key stratigraphic control on the distribution of gold mineralisation in this part of the 20-kilometre-long Stanley greenstone.

The upcoming drilling will also target extensions to the McDougall South prospect further along the Stanley greenstone belt where the drilling intersected further gold mineralisation associated with a zone of anomalous gold within a structural zone along the central Stanley fold structure.

“The company is keen to test the Kepler Zone target and undertake further drilling at McDougall South over the coming weeks,” Cygnus Gold managing director James Merrillees said in the company’s announcement to the Australian Securities Exchange.

“We’re excited to be out drilling the Kepler Zone later this month.

“Our new understanding of the controls on gold mineralisation at Stanley has demonstrated a large, and previously unrecognised area of the prospective belt has never been drill tested.

“We’re also looking forward to further testing the encouraging early results from McDougall South later in the month.”

 

Email: info@cygnusgold.com

Website: www.cygnusgold.com