Alicanto Minerals Drilling at Greater Falun in Sweden

THE DRILL SERGEANT: Alicanto Minerals (ASX: AQI) has kicked off a 4,000m diamond drilling program at the company’s Greater Falun copper-gold project in the Bergslagen region of Sweden.

Alicanto Minerals will be drilling to test new targets and seek to establish extensions to known mineralisation located in the vicinity of major copper gold systems.

The company explained the drilling will be the first thorough modern exploration campaign undertaken at Greater Falun as well as being the first drilling since Alicanto made a major breakthrough by establishing that the dominant mineralisation is copper-gold skarn, not a Volcanogenic Massive Sulphide (VMS) system as long believed.

Alicanto aims to establish a mineral inventory capable of supporting a central processing hub.

The diamond drilling program has commenced at the Green Mile targets, after drilling of which Alicanto expects to move the drill rig onto the next set of targets.

Alicanto is currently interpreting historic airborne electro-magnetic surveys and undertaking new ground electro-magnetic surveys, from across a large portion of the company’s tenements, to assist in further refining the search for conductors within the tenements.

“The extent of known mineralisation and the high quality of our targets mean this is a potentially company-making drilling program,” Alicanto Minerals managing director Peter George said in the company’s announcement to the Australian Securities Exchange.

“We have mapped more than 2,000 outcrops and historical surface workings which have resulted in us discovering seven copper-gold skarns at surface.

“When we overlay this information onto the large volume of historical and recent geophysical survey data, an impressive picture of the Greater Falun project is forming that has not been seen before now.

“This is the largest program ever undertaken within the Greater Falun project and will see us test the multiple EM signatures, IP Anomalies and copper-gold and polymetallic skarn targets we have discovered.

“We have started the drilling program with the untested EM conductors at Green Mile along strike from the historic, high-grade copper-gold Falun Mine, which produced 28 million tonnes at 4 per cent copper, 4 grams per tonne gold, 5 per cent zinc, 2 per cent lead and 35 grams per tonne silver up until 1992.

“The conductors are coincident with footwall alteration and high-grade rock chip results mapped on surface.”

 

Email: info@alicantominerals.com.au

 

Web: www.alicantominerals.com.au

 

Kin Mining Eyes Large Mineralised System at East Lynne

THE DRILL SERGEANT: Kin Mining (ASX: KIN) should be garnering plenty of attention on the opening day of the RIU Resurgence Conference following its announcement of new assay results from recent aircore (AC) drilling at the company’s 100 per cent-owned Cardinia Gold Project (CGP), located near Leonora in Western Australia.

Kin Mining recently completed AC drilling at the East Lynne prospect as part of the ongoing Phase 3 drilling program at the CGP, from which it reported assay results for Lines 7 and 8 of 14 lines drilled at the emerging trend.

The company considers the East Lynne prospect to be a potential new discovery within the CGP.

Results include:

Line 7

EL20AC170
4 metres at 1.14 grams per tonne gold from 8m;

EL20AC171
4m at 0.94g/t gold from 8m.

Line 8

EL20AC192
5m at 35.1g/t gold from 40m to EOH;

EL20AC191
4m at 0.96g/t gold from 12m.

Kin recently drilled its first deep diamond hole drilled in the far northern part of the East Lynne target that also intersected high-grade gold mineralisation, including:

EL20DD332
2m at 1.03g/t gold from 184.04m;
1m at 20.9g/t gold from 230m.

“This is an exciting breakthrough for our ongoing systematic exploration of the East Lynne trend, which we now believe has all the hallmarks of an emerging, large-scale mineralised system,” Kin Mining managing director Andrew Munckton said in the company’s announcement to the Australian Securities Exchange.

“Intersecting 5 metres at 35 grams per tonne in shallow, wide-spaced air-core drilling is a remarkable result and will certainly see our exploration at East Lynne step-up a gear.

“What’s important is that this is not a one-off.

“The new AC results are delineating areas of significant high-grade gold mineralisation within the East Lynne Trend over an extensive area.

“We have now defined a semicontinuous zone of mineralisation spanning an area 100 metres wide and up to 3.2 kilometres long above a significant geological contact.

“While we always believed that the East Lynne target had significant potential, the latest results demonstrate that the target is an extensive zone of sulphide mineralisation containing significant areas of high-grade gold mineralisation away from the historical workings along the trend.

“We are looking forward to testing the other sections at depth at 800 metres spacing to confirm the continuity of the sulphide zone and see if we have an emerging greenfields discovery of considerable scale and potential.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@kinmining.com.au

Web: www.kinmining.com.au

 

Meteoric Resources Confirms Historic Mineralisation at Palm Springs

THE DRILL SERGEANT: In the lead-up the RIU Resurgence Conference next week, Meteoric Resources (ASX: MEI) reported encouraging news from drilling at the company’s Palm Springs gold project in Western Australia.

Meteoric Resources drilled the first two diamond drill holes of the 2020 drilling program at the Palm Springs project, which it said intersected broad zones of sulphide mineralisation.

The company said these first two holes had visually confirmed the location and geometry of the historical high‐ grade gold intercepts underneath and along strike from the Butchers Creek open pit in the Kimberley.

The company has taken increased confidence from the diamond drill holes intercepting broad zones of visual sulphide mineralisation that are consistent with the location of the historical high‐grade gold intercepts at Butchers Creek.

RC drilling will now commence in conjunction with the diamond drill rig, with both rigs drilling throughout September and into October.

“For the first time we are seeing these wide high‐grade mineralised gold zones in drill core and we are liking what we see,” Meteoric Resources managing director Dr Andrew Tunks said in the company’s announcement to the Australian Securities Exchange.

“It was important to get these first diamond drill holes into the deposit to confirm the presence and geometry of the mineralised trachyte, and I am very pleased to report that these holes have intercepted mineralisation consistent with our interpretation.

“We now have the confidence to turn the dial up on our drilling efforts and have both an RC and diamond rig in action simultaneously.

“Core logging and processing is progressing well and we expect to be reporting assay results from the first holes of the 2020 Palm Springs project in October.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

 

Web: www.meteoric.com.au

 

Legend Mining Drilling Returns Second Favourable Intercept

THE DRILL SERGEANT: Legend Mining (ASX: LEG) reported a healthy intersection from drilling at the Mawson prospect within the company’s Rockford project in the Fraser Range of Western Australia.

Legend Mining reported the intersection, another from diamond drillhole RKDD023, which was designed to test a strong conductor at the Mawson prospect.

Assaying has shown RKDD023 intersected a plus-90 metres mineralised zone of nickel-copper sulphide, including: 12.95m massive sulphide; 7.55m semi-massive sulphide; and multiple zones of net-textured, matrix, and heavy disseminated sulphide.

“The discovery of another 12.95 metres of massive nickel-copper sulphide in diamond drillhole 23, circa 200 metres from the previously announced massive sulphides, is a quantum boost for the potential of the Mawson prospect,” Legend Mining managing director Mark Wilson said in the company’s announcement to the Australian Securities Exchange.

“The nature of the mineralisation suggests we are closer to the intrusive source but we are not there yet.

“Downhole EM from this hole, which is now underway, is designed to provide data to assist in planning future diamond holes in this immediate vicinity.

“Importantly, the RC drilling confirms the Mawson intrusive complex extends north and east of the known Mawson nickel-copper sulphide mineralisation, confirming the prospectivity for mineralised intrusives below the eastern aircore geochemical anomaly.

“The RC holes are also a great platform for downhole EM.”

 

 

 

Web: www.legendmining.com.au

Great Southern Mining Extends Strike at Cox’s Find

THE DRILL SERGEANT: Great Southern Mining (ASX: GSN) reported further high-grade gold intersections from recently-completed Reverse Circulation (RC) and Diamond drilling programs at the company’s 100 per cent-owned Cox’s Find project in the Laverton gold district of Western Australia.

Great Southern Mining said it was encouraged by diamond program results with intersections including:

20CFRCD008
3.6 metres at 8.03 grams per tonne gold from 169m, including 1m at 27.5g/t gold.

This hole was 30m down plunge from a previous intersection that was reported in July encountered in:

20CFRCD004
5.65m at 80g/t gold from 160m, including 1.1m at 404g/t gold.

The RC program was designed to test the shallow down plunge and strike extensions of the main lode north and south of the pit.

Great Southern indicated this had intersected continuity of the mineralised system with results including:

5m at 5.51g/t gold from 59m, including 2m at 12.5g/t gold; and
7m at 1.23g/t gold from 86m, including 2m at 2.94g/t gold.

Extension drilling confirmed the mineralisation sequence continues further south than previously thought with further encouraging results including:

15m at 1.01g/t gold from 167m; and
6m at 0.62g/t gold from 157m, including 1m at 2.57g/t gold.

“These results cement a tremendous platform for further exploration and growth at the company’s Cox’s Find project,” Great Southern Mining recently appointed chief executive officer Sean Gregory said in the company’s announcement to the Australian Securities Exchange.

“The team has demonstrated that the bonanza grades reported earlier in the quarter are part of a continuous mineralised system that extends to depth and along strike to the south.

“It is an exciting time for the company as we are only just beginning to unlock the geological potential of this high-grade gold system.”

Great Southern Mining said the recent RC and Diamond drilling program at Cox’s Find had demonstrated high-grade mineralisation persists at depth and along strike at Cox’s Find.

The company signalled further interrogation and expert reviewing are planned over the coming weeks, which it expects to tightly delineate targets for further drilling; namely the unmined high-grade level 5-6 material, and the plunge extensions at depth and to the south.

 

 

Email: admin@gsml.com.au

 

Web: www.gsml.com.au

 

Dreadnought Resources Drilling at Matzke’s and Longmore’s Finds

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) has started a 36-hole RC drill program at the company’s Illaara gold-VMS-iron ore project in Western Australia.

Dreadnought Resources will commence by drilling 19 holes at Metzke’s Find, where it has previously encountered high-grade gold intercepts.

Once the Metzke’s Find drilling is complete, Dreadnought will move the rig approximately 10 kilometres north to Longmore’s Find and undertake the first drilling program targeting three forgotten historical lodes identified by Captain Longmore in the 1920s.

Longmore’s Find has a Lassiter’s Reef feel to it, having been unearthed by Dreadnought while researching the history of Metzke’s Find in a 1923 newspaper article discussing the results of the No. 3 State Prospecting Party’s discovery six miles north of Metzke’s Find.

Having achieved recent rock chips, up to 18 grams per tonne gold, Dreadnought is excited to accelerate exploration at Longmore’s Find.

“Dreadnought is excited to recommence drilling at Metzke’s Find to follow up on previous significant intercepts,” Dreadnought Resources managing director Dean Tuck said in the company’s announcement to the Australian Securities Exchange.

“As well, we will kick off the first ever drilling at the recently re-discovered Longmore’s Find.

“We have an exciting time ahead with drilling and results from Illaara prior to heading up to the Kimberley.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@dreadnoughtresources.com.au

 

Web: www.dreadnoughtresources.com.au

 

Blackstone Minerals Drilling New Nickel Targets

THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) has commenced drilling at the Ta Cuong prospect, targeting high-grade massive sulphide nickel-copper-PGE analogous to the recently discovered Ban Chang prospect, part of the company’s Ta Khoa nickel-copper-PGE project in Vietnam.

Ta Cuong is six kilometres along strike from Ban Chang and close to a major regional structure that is also close to the Ban Phuc and Ban Chang prospects.

Blackstone Minerals found drilling by previous owners did not target geophysical anomalies, however the company has revisited un-assayed historic drill holes to define new targets at Ta Cuong for high impact drill testing.

Ta Cuong is Blackstone’s second high priority massive sulphide vein (MSV) prospect within its portfolio of 25 MSV prospects to be systematically tested with modern techniques.

“Based on geological similarities and now with some exciting EM plates to target, we believe Ta Cuong has the potential to deliver similar results to Ban Chang and Ban Phuc,” Blackstone Minerals managing director Scott Williamson said in the company’s announcement to the Australian Securities Exchange.

“We continue to systematically test our 25 MSV prospects and with our in-house geophysics crew and Blackstone-owned drill rigs, we can cost effectively explore this globally significant nickel sulphide district using modern geophysical techniques.

“We see potential to increase future annual nickel production from the Ta Khoa nickel-copper-PGE project through targeting high-grade MSV to complement the base load nickel sulphide feed from the bulk open pit mining scenario we are currently modelling at Ban Phuc and King Cobra.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@blackstoneminerals.com.au

 

Web: www.blackstoneminerals.com.au

 

Encounter Resources Set to Test Drill Ready Gold Targets at Lamil

THE DRILL SERGEANT: Encounter Resources (ASX: ENR) has earmarked a trio of new targets it intends testing by way of an upcoming RC drill program at the company’s 100 per cent-owned Lamil copper-gold project in the Paterson Province of Western Australia.

Encounter Resources explained the targets had been identified by specialist inversion modelling of magnetic, EM and IP geophysical survey results.

The Elsa prospect is an IP chargeability anomaly the company identified earlier this year from results achieved in two diamond drill holes (ETG0203 and ETG0204) that intersected wide zones of brecciated, fractured and veined intercalated metasediments with associated intense alteration that are interpreted to have defined a major structural fluid pathway.

The Gap prospect is an open broad zone of gold-copper mineralisation, a section of which was subjected to four 80m spaced RC/diamond drill holes.

Three holes completed on the south-western end of the section encountered thick zones of near surface supergene gold mineralisation.

Earlier diamond drilling in the Dune prospect (drill hole ETG0003), intersected strong supergene gold mineralisation located on the fold axis in the northern part of the Lamil dome.

“High-grade gold has been intersected in broad spaced drilling over five kilometres of the Lamil dome,” Encounter Resources managing director Will Robinson said in the company’s announcement to the Australian Securities Exchange.

“Innovative new geophysical 3D inversion modelling of the IP, magnetics and airborne EM data has provided a potential step change in the structural understanding at Lamil and has highlighted an untested Havieron-style target adjacent to the extensive breccia zone drilled in March 2020.

“In addition, laterally extensive zones of supergene gold mineralisation will be drill tested at the Gap and Dune prospects.

“Drilling is scheduled to commence in September 2020.”

 

 

Email: contact@enrl.com.au

 

Web: www.enrl.com.au

 

Kin Mining Confirms East Lynne Mineralisation

THE DRILL SERGEANT: Kin Mining (ASX: KIN) kept market-watchers on their toes this week with a further announcement from the company’s 100 per cent-owned Cardinia Gold Project (CGP), located near Leonora in Western Australia.

Kin Mining followed up results from its Helens East prospect with strong assay results from recent aircore (AC) drilling at the East Lynne prospect, located 3km north-east of the proposed plant site at the CGP.

Assay results from Line 5 and Line 6 of the recently-completed 14-line program include:

Line 5

EL20AC093
20 metres at 0.96 grams per tonne gold from 20m;

EL20AC097
4m at 2.21g/t gold from 20m; and

EL20AC099
12m at 1.28g/t gold from 12m.

Line 6

EL20AC128
4m at 0.83g/t gold from 24m; and

EL20AC140
4m at 1.03g/t gold from 28m.

“These new AC results show a semi-continuous zone of mineralisation is present at East Lynne, spanning an area 100 metres wide and up to 1.3 kilometres long and lying above a significant geological contact,” Kin Mining managing director Andrew Munckton said in the company’s announcement to the Australian Securities Exchange.

“This broad zone of sporadic, shallow oxide gold mineralisation with strongly anomalous multi-element geochemistry is a compelling target for testing with deeper RC and diamond drilling.

“We are eagerly awaiting results from the remaining eight lines of this broad-spaced AC program to get a clearer sense of the potential scale of this target ahead of follow-up RC drilling.

“The mineralisation at East Lynne appears to be hosted by a volcaniclastic unit with Felsic Volcanic, Mafic and sedimentary rocks with variable amounts of quartz veining, alteration and sulphide pitting encountered in the AC drilling.

“This indicates to our geological team that the underlying geological contact at East Lynne is a complex and potentially strongly altered geological feature.

“The multi-element geochemistry in this area is extensive and extends over an area spanning approximately six kilometres by 0.6 kilometres.

“In the meantime, we’re also progressing a program of in-fill AC drilling at East Lynne, building on the encouraging results reported from the northern end of this large gold target last month.

“In addition, EIS co-funded diamond drilling is also continuing to test geophysical targets at depth.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@kinmining.com.au

 

Web: www.kinmining.com.au

 

Blackstone Minerals Encounters More Broad Zones of Nickel Sulphides

THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) has continued to encounter high-grade massive sulphide nickel-copper-PGE at Ban Chang, part of the company’s Ta Khoa nickel-copper-PGE project in Vietnam.

Latest results include:

BC20-06
13 metres at 0.5 per cent nickel, 0.71 per cent copper, 0.05 per cent cobalt and 0.46g/t PGE (Platinum + Palladium + Gold) from 89m and
4.2m at 0.52 per cent nickel, 0.81 per cent copper, 0.06 per cent cobalt and 0.82g/t PGE from 97.8m

BC20-08
9.6m at 0.84 per cent nickel, 0.73 per cent copper, 0.05 per cent cobalt and 0.7g/t PGE from 57.0m

BC20-10
14.65m at 0.74 per cent nickel, 0.71 per cent copper, 0.04 per cent cobalt and 0.54g/t PGE from 45.0m, including 5.85m at 1.62 per cent nickel, 1.47 per cent copper, 0.08 per cent cobalt and 1.09g/t PGE from 51.8m, including 0.87m at 3.32 per cent nickel, 3.89 per cent copper, 0.16 per cent cobalt and 1.65g/t PGE from 56.78m

BC20-12
8.3m at 0.50 per cent nickel, 0.70 per cent copper, 0.05 per cent cobalt and 0.46g/t PGE from 35.5m, including 4.8m at 0.71 per cent nickel, 0.81 per cent copper, 0.06 per cent cobalt and 0.46g/t PGE from 39m

Blackstone is maintaining an aggressive exploration program with six drill rigs, four owned by the company.

Three rigs are testing massive sulphide vein (MSV) targets at Ban Chang, and three are testing down dip extensions of the King Cobra Discovery Zone (KCZ) at Ban Phuc.

“Drilling continues to deliver consistent, broad intersections of nickel sulphide mineralisation from shallow depths with average widths of approximately 10 metres throughout most of the Ban Chang prospect and broader zones within Ban Chang East with greater than 20 metre wide intersections of potentially bulk‐mineable grade nickel‐copper‐PGE mineralisation,” Blackstone Minerals managing director Scott Williamson said in the company’s announcement to the Australian Securities Exchange.

“We aim to drill out Ban Chang over the coming months and upgrade our resource inventory by the end of CY20.

“We are continuing to systematically test 25 MSV targets throughout the Ta Khoa nickel‐coppper‐PGE district to add further high‐grade feed to our bulk open‐pit mining scenario at Ban Phuc and the KCZ.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@blackstoneminerals.com.au

 

Web: www.blackstoneminerals.com.au