Prodigy Gold JV Hits Bedrock Gold at Lake Mackay

THE DRILL SERGEANT: Prodigy Gold (ASX: PRX) reported results from drilling completed on the Lake Mackay project in the Northern Territory.

The Lake Mackay project is held in Joint Venture with IGO Limited (ASX: IGO), with IGO holding a 70% JV interest in the tenements and Prodigy Gold holding a 30% JV interest.

Recent work at Lake Mackay has focused on drilling six targets considered prospective for cobalt-nickel-manganese, gold and copper mineralisation, with a total of 65 aircore holes completed in the most recent program.

The targets included the Goldbug gold prospect, Grimlock nickel-cobalt prospect, Grapple prospect and first drilling completed at the Swoop nickel-cobalt target.

Bedrock gold was intersected at Goldbug prospect, returning:

20LMRC039
16 metres at 1.15 grams per tonne gold, 4m at 0.78g/t gold and 4m at 1.54g/t gold.

20LMRC041
8m at 1.2g/t gold.

The Goldbug soil gold anomalism has been extended for 600m and is open to the east and north west – located 50km to the east of the Arcee Gold prospect.

Cobalt was intersected by shallow drilling at the Swoop prospect with results of up to 0.15 per cent cobalt and 0.67 per cent nickel in AC drilling.

Additional cobalt and nickel results at the Grimlock target returned up to 0.29 per cent cobalt and 1.56 per cent nickel in AC drilling.

“The JV continues to systematically explore the large-scale Lake Mackay project for multiple styles of precious and base metals mineralisation, and these latest results have provided us with some encouraging insights,” Prodigy Gold managing director Matt Briggs said in the company’s ASX announcement.

“Bedrock gold has been intersected in RC drilling at Goldbug for the first time.

“This is a large-scale soil anomaly extending for over 600 metres.

“Goldbug is located 50 kilometres to the east of the Arcee gold prospect that yielded a previous result of 12 metres at 3.5 grams per tonne gold, so we have prioritised this target for further follow-up work.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@prodigygold.com.au

 

Web: www.prodigygold.com.au

 

Northern Minerals Drills Growth Potential at Browns Range

THE DRILL SERGEANT: Northern Minerals (ASX: NTU) has been encouraged by assay results from drilling across several targets at the company’s Browns Range project in Western Australia.

Northern Minerals completed 8,500 metres of reverse circulation (RC) drilling at Browns Range in late 2020, having commenced a $5 million exploration program to include up to 16,500m of drilling before the end of June 2021.

The first batch of assay results have been received from 45 drill holes at Dazzler Northwest (7 holes), Dazzler North/Ripcord (16 holes), Dazzler (6 holes), Gambit West (7 holes), Wolverine West (4 holes) and a new prospect named Toad (5 holes).

Encouraging drill results were received from first-pass drilling at the Toad and Dazzler North prospects.

Best results from Toad were:

BRR0541
9 metres at 0.54 per cent total rare earth oxide (TREO) from 53m, and
11m at 0.37 per cent TREO from 52m

At Dazzler North an intercept of 3m at 0.74 per cent TREO from 8m was returned.

Northern Minerals will follow-up these initial results in the second phase of drilling being planned at Browns Range in 2021, following the end of the wet season in the Kimberley region.

“We are very pleased to have exceeded our target of getting at least 8,000 metres of drilling completed before Christmas as well as post some very encouraging early results,” Northern Minerals CEO Mark Tory said in the company’s ASX announcement.

“Following up on these results will be one component of the second phase of our exploration drilling campaign, which we will be back on the ground to complete before the end of June.

“The relatively shallow depth as well as the grade and widths of some of these intersections give us plenty to work with, however much of the drilling in the first half of 2021 will be at new greenfields targets.

“Our overall strategy remains to increase the Mineral Resource and the life-of-mine potential at Browns Range to more than 20 years.

“This will feed into a future feasibility study for a potential commercial scale heavy rare earths operation at Browns Range.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@northernminerals.com.au

 

Web: www.northernminerals.com.au

 

Great Boulder Resources hits Thick Zones at Blue Poles

THE DRILL SERGEANT: Great Boulder Resources (ASX: GBR) announced results from a maiden reverse circulation (RC) drilling program carried out in November 2020 at the Blue Poles Prospect, situated within the company’s Whiteheads project north of Kalgoorlie in Western Australia.

Great Boulder Resources declared the drilling had confirmed the discovery of new gold mineralisation at Blue Poles.

Fifteen RC holes were drilled for a total of 1,448m to test primary gold mineralisation beneath air-core (AC) drilling intersections.

The program identified primary mineralisation over a 700 metres strike length, including broad zones of up to:

20BPRC006
52 metres at 1.02 grams per tonne gold from 28m to the end of hole.

Lower grade intersections were also encountered over considerable widths including:

20BPRC010
28m at 0.61g/t gold from 32m;

20BPRC009
29m at 0.66g/t gold from 68m; and

20BPRC012
42m at 0.45g/t gold from 28m.

“This is an exciting development at Blue Poles,” Great Boulder Resources managing director Andrew Paterson said in the company’s ASX announcement.

“There are two key takeaways here: firstly, we’ve identified primary gold over a 700 metres length in our first few RC holes, and it remains open at depth and to the south.

“That means the deposit is in-situ and not just a shallow supergene deposit limited to the weathered, near-surface material.

“Secondly, these intersections up to 52 metres wide demonstrate the potential for a large mineralised system.

“The next round of drilling will test the true thickness of these zones.

“These initial holes are on lines 100 metres apart, so the discovery remains at a very early stage.”

Great Boulder is already planning a second round of RC drilling to define and extend these results.

This will commence following the completion of gravity survey processing and target planning.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@greatboulder.com.au

 

Web: www.greatboulder.com.au

 

Genesis Minerals Confirms Ulysses Resource Growth Potential

THE DRILL SERGEANT: Genesis Minerals (ASX: GMD) released results from ongoing Resource drilling at the company’s Ulysses gold project in Western Australia.

Genesis Minerals declared the results had confirmed the potential to expand and upgrade existing Resources within the Ulysses project, including all deposits within the recently acquired Kookynie group of tenements.

The latest highly-encouraging results were from Reverse Circulation (RC) drilling completed prior to Christmas at both the Orient Well and Butterfly-Clark deposits.

The drilling at Orient Well was part of a large program designed to expand and upgrade the existing 61,000-ounce Mineral Resource, where results received to date have demonstrated strong potential to grow the existing Resource.

All of the latest results are from areas outside the current Resource.

Drilling on the Clark-Butterfly area focused on an area targeting the Hercules and Clark shears and also focused on upgrading parts of the Inferred Resource at Butterfly.

“This is a great way to start the New Year, with another batch of impressive assay results from both the Orient Well and Butterfly-Clark areas,” Genesis Minerals managing director Michael Fowler said in the company’s ASX announcement.

“At Orient Well, all of the new results are from outside the current 61,000-ounce Resource and show clear potential to grow this Resource.

“At Clark-Butterfly, recent drilling has focused on the potential of the Hercules and Clark shears and also intersected significant mineralisation outside the known deposits.

“Drilling has now re-commenced across the greater Ulysses project with one RC rig currently on site.

“We expect to deliver an updated project-wide Mineral Resource in the first quarter of 2021, which will underpin the completion of a Feasibility Study and provide a solid platform from which to progress the development of a significant new standalone gold mining and processing operation at Ulysses.”

TO READ THE ANNOUNCEMENT IN FULL: CLICK HERE

 

Email: info@genesisminerals.com.au

 

Web: www.genesisminerals.com.au

 

De Grey Mining Hits Consistent Gold at Falcon

THE DRILL SERGEANT: De Grey Mining (ASX: DEG) received further good news from drilling undertaken at the company’s Hemi gold discovery in Western Australia.

De Grey Mining’s latest drilling concentrated on the Falcon prospect, utilising step out and infill RC and diamond drilling.

Results demonstrate consistently thick zones of gold mineralisation up to 80m wide, 350m down dip and over 1km in strike with mineralisation open at depth along the entire strike.

De Grey indicated drilling will continue to expand the mineralisation at Falcon to define a resource in mid-2021.

RC drilling is continuing on an 80m by 40m pattern, with diamond tails to test mineralisation at depth.

Drilling highlights include:

HERC424
92m at 1.3 grams per tonne gold from 124m. This hole was 50m up dip of a previous intersection of 92m at 1.3g/t gold encountered in HERC233D.

HERC421
67m at 1.6g/t gold from 119m – within an overall interval of 93m at 1.2g/t gold from 110m

HERC402D
66.7m at 1.4g/t gold from 198.3m – within an overall interval of 145.7m at 0.9g/t gold from 198.3m. Visible gold was previously reported in HERC402D

HERC425
25m at 2.1g/t gold from 268m – within an overall interval of 90m at 1g/t gold from 210m – The hole ended in a mineralised horizon – a diamond tail follow-up is planned.

HERC299DW1
20.9m at 1.9g/t gold from 369m – within an overall interval of 133.4m at 0.7g/t gold from 256.5m − Mineralisation tested to approximately 350 vertical metres and remains open at depth.

HERC426
6m at 5.9g/t gold from 99m.

De Grey Mining managing director Glenn Jardine said in the company’s ASX announcement.
“The latest results at Falcon demonstrate the consistently high gold endowment of this zone along a strike of 1,000 metres and to a depth of at least 350 metres.

“Mineralisation remains open down dip, along this strike and up dip on some sections.

“Drilling will continue to expand the mineralisation at Falcon to define a resource in mid-2021.

“The company has recommenced its drilling program with eight drill rigs operating on site – two aircore rigs, three RC rigs and three diamond rigs.

“As well as delineating the existing zones at Hemi, aircore and RC drilling is progressively expanding to known and new intrusive targets in the Greater Hemi area.

“Aircore and RC drilling to identify new zones outside Hemi is currently focused to the north and west of Crow.”

 

TO READ THE ANNOUNCEMENT IN FULL: CLICK HERE

 

Email: admin@degreymining.com.au

 

Web: www.degreymining.com.au

 

Comet Resources Confirms High Copper and Zinc Grades

THE DRILL SERGEANT: Comet Resources (ASX: CRL) reported assay results from mineralised samples taken during a November 2020 field program at the company’s Barraba copper project located in the New England area of New South Wales.

Comet has now received complete assay results from samples taken from the historical high-grade Murchison copper mine site and the Gulf Creek North prospects.

Copper assay results from the historic Murchison Mine site returned levels up to 4.6 per cent, zinc up to 4 per cent and cobalt up to 0.7 per cent from mine dump samples.

Subsequent soil geochemical sampling and analysis confirmed surface copper mineralisation around the Murchison Mine, open to the West and East.

Historical data indicates the Murchison mine is a VMS-style deposit, the type that often occur in clusters due to the nature of the hydrothermal processes that form them.

This is the case at the Barraba copper project with three historic VMS deposits identified within the project area.

“These assay results, with high copper, zinc and cobalt, have confirmed that the historic Murchison copper mine at the Barraba copper project is another area of high priority exploration interest to us,” Comet Resources managing director Matthew O’Kane said in the company’s ASX announcement.

“In addition to the known historical high-grade mineralisation at the Gulf Creek Mine, these results now provide us with multiple exploration targets at the project.

“We look forward to advancing physical exploration works on both prospects.”

The Murchison copper mine produced ore in the early 1900s with historical records indicating underground workings to 16m, as well as a number of shallow pits.

Historical production records state copper was produced at an average grade of 3 per cent, with historical assays up to 5.1 per cent.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: comet@cometres.com.au

 

Web: www.cometres.com.au

 

Black Cat Syndicate Recommences Kal East Drilling

THE DRILL SERGEANT: Black Cat Syndicate heralded the arrival of 2021 with the recommencement of RC drilling activities at Fingals Fortune and Imperial/Majestic, which comprise part of the company’s Kal East gold project in Western Australia.

Drilling at Fingals Fortune during the latter part of 2020, identified several new zones of mineralisation.

Black Cat commenced drilling with one RC rig in place that is due to be joined by another soon.

The drilling program is to include a substantial amount of infill drilling, designed to upgrade the current JORC 2012-complaint Mineral Resource.

Another rig is conducting a sterilisation program for the proposed processing and tailings storage facilities adjacent to Imperial/Majestic.

“The recommencement of drilling is part of our strategy to increase and upgrade Resources ahead of mining,” Black Cat Syndicate managing director Gareth Solly said in the company’s ASX announcement.

“Fingals Fortune is shaping up to be a large pit and remains open in all directions and at depth.

“Drilling will be looking to ensure that Fingals Fortune underpins and further extends the life of mine at the Kal East gold project.

“This drilling will be included in ongoing Resource upgrades and the next round of studies.

“These programs support our aim to define one million ounces of Resource and have a wholly owned processing facility with at least three years Ore Reserves ahead of it.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@blackcatsyndicate.com.au

 

Web: www.blackcatsyndicate.com.au

 

Moho Resources Scores Surprise Gold Mineralisation Hits

THE DRILL SERGEANT: Moho Resources (ASX: MOH) was surprised to find that drilling can lead to mineralisation.

Moho Resources reported it had encountered “additional unexpected high-grade gold assay results” from a diamond drilling campaign to infill and extend gold mineralisation at the company’s East Sampson Dam gold prospect in Western Australia.

The drilling intersected multiple zones of high-grade gold mineralisation in diamond drill hole SSMH0100, including:

7 metres at 4.78g/t gold from 51m, including 1m at 22.2g/t gold from 53m;
5m at 8.01g/t gold from 59m, including 1m at 23.5g/t gold from 60m;
2m at 6.91g/t gold from 77m; and
3m at 0.79g/t gold from 72m.

SSMH0100 discovered four new unexpected and significant gold intercepts outside of known mineralised zones.

The predominantly high-grade gold intersections appear to extend high-grade mineralisation previously discovered in MRC008, SSMH0067 and SSMH0091 into new areas.

This new mineralisation is found in saprolitic tuff with minor quartz veining and is in line with previous observations of there being no visible high-grade gold in the drill core.

“These unexpected diamond drilling results are very encouraging and highlight the potential to discover additional high-grade gold zones at Moho’s 100 per cent-owned East Sampson Dam prospect,” Moho Resources managing director Shane Sadlier said in the company’s ASX announcement.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@mohoresources.com.au

 

Web: www.mohoresources.com.au

 

Legend Mining Confirms ‘Best Hole’ at Mawson Prospect

THE DRILL SERGEANT: Legend Mining (ASX: LEG) was always confident of what drillhole RKDD034 at the Mawson prospect within the company’s Rockford project in the Fraser Range of Western Australia could be.

Legend Mining has been able to back up this confidence with assay results from the massive sulphide intersected in RKDD034 demonstrating the thickest and highest-grade massive nickel-copper sulphide intercept at Mawson to date of:

31.1 metres at 2.8 per cent nickel, 2.04 per cent copper, 0.15 per cent cobalt from 200.7m.

The hole included nickel values up to 3.26 per cent, copper values up to 3.84 per cent, and cobalt values up to 0.17 per cent.

“These assay results are further confirmation of our earlier assessment that hole 34 is the best hole drilled at Mawson to date,” Legend Mining managing director Mark Wilson said in the company’s ASX announcement.

“The combination of the widths and grades of the massive sulphides in this hole support our conviction that we are dealing with a mineralised system of substance at Mawson.

“The purpose of the hole was to conduct Phase 1 metallurgical tests and the results of this test work will be reported once received.

“Meanwhile further assay results from 2020 drilling programs are rolling in for compilation and assessment.

“Once integrated with existing data, they will assist in future drill planning for the 2021 field season.”

RKDD034 was designed as a twin of discovery hole RKDD008 for Phase 1 metallurgical test work on a representative massive nickel-copper sulphide domain of the mineralisation identified at Mawson.

A total of 43.1m of massive nickel-copper was intersected downhole.

 

 

Web: www.legendmining.com.au

 

Azure Minerals Continues Andover Results Run

THE DRILL SERGEANT: Azure Minerals (ASX: AZS) has acknowledged the arrival of 2021 with further massive, semi-massive and matrix sulphide mineralisation hits at the company’s Andover nickel-copper project in Western Australia.

Azure Minerals declared that massive, semi-massive and matrix sulphide mineralisation was intersected by drill holes ANDD0005 and ANDD0006 at the Andover project (60% Azure / 40% Creasy Group).

The holes returned nickel and copper assays within broad mineralised envelopes, including:

ANDD0005
6.7 metres at 1.98 per cent nickel and 0.86 per cent copper from 325.3m within 10.7m at 1.69 per cent nickel and 0.71 per cent copper from 325.3m which is within 18.7m at 1.35 per cent nickel and 0.68 per cent copper from 325.3m; and

ANDD0006
3.8m at 1.59 per cent nickel and 0.83 per cent copper from 377.3m and 1.2m at 2.31 per cent nickel and 0.64 per cent copper from 392.7m and 7m at 2.23 per cent nickel and 0.63 per cent copper from 411.35m which is within 19.2m at 1.47 per cent nickel and 0.41 per cent copper from 406.35m.

Azure explained that hole ANDD0004, when combined with 0005 and 0006, define a vertical mineralised section exceeding 120m, with the nickel-copper mineralisation remaining open in both up-dip and down-dip directions, as well as along strike to the east and west.

Azure has completed seven diamond drill holes at the Andover project, all of which have intersected broad mineralised intervals containing substantial nickel-copper sulphide mineralisation.

To accelerate the exploration and development of Andover, Azure has initiated an intensive diamond drilling program comprising two consecutive 15,000m drilling campaigns with the first phase designed to delineate the extent of the mineralised system with the second phase defining the deposit to JORC mineral resource standards.

Additionally, based on FLTEM surveying, 12 separate electromagnetic conductor anomalies have been identified within the Andover project area.

Drilling to test the highest priority conductors is planned to commence early in the first quarter of 2021.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@azureminerals.com.au

 

Web: www.azureminerals.com.au