Tyranna Resources Encounters Big Eureka Numbers

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THE DRILL SERGEANT: Tyranna Resources (ASX: TYX) reported assays from an in-pit Reverse Circulation (RC) drilling program conducted at the company’s 100 per cent-owned Eureka gold project outside of Kalgoorlie in Western Australia.

Best results included:

19ERC12
5 metres at 25.6 grams per tonne gold from 33m, including 1m at 89.7g/t gold from 34m;

19ERC04
7m at 3g/t gold from 39m;

19ERC17
12m at 2.6g/t gold from 20m, including 1m at 15.8g/t gold from 26m;

19ERC18
5m at 3.7g/t gold from 23m, including 1m at 13.5g/t gold from 24m; and

19ERC20
9m at 2.5g/t gold from 12m.

Tyranna Resources emphasised the result from hole 19ERC12, claiming it had returned the highest ever grade intersected in the history of the Eureka mine at 1m at 89.7g/t gold, adding that a repeat assay returned 1m at 117.3g/t gold.

This hole also ended in mineralisation with the end of hole (EOH) grade of 1m at 6.7g/t gold.

Tyranna interpreted this result to indicate mineralisation remains open.

The program consisted 23 holes drilled inside the potential production area with 35 per cent of the holes returning an average intercept of seven metres greater than 2g/t gold.

Tyranna said it was also encouraged by four of the holes ending in mineralisation which will require follow up drilling.

“The drilling program has no doubt increased our geological confidence in the Eureka mineralisation,” Tyranna Resources managing director Bruno Seneque said in the company’s announcement to the Australian Securities Exchange.

“We are particularly pleased with the spectacular grades intersected in multiple holes.

“The drilling results have given the company the confidence to push on with the objective of monetising our asset and unlocking the extensional and exploration potential on our Eureka mining leases.”

 

Email: info@tyrannaresources.com

Website: www.tyrannaresources.com

 

St George Mining Drilling Away at Mt Alexander

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THE DRILL SERGEANT: St George Mining (ASX: SGQ) is continuing its drilling campaign of nickel-copper sulphide targets at the company’s Mt Alexander project, located near Leonora in the north Eastern Goldfields of Western Australia.

St George Mining has completed new geophysical surveys at the undrilled Fairbridge prospect, which it claims to have confirmed several conductive targets it has now prioritised for drilling in the current reverse circulation (RC) drill program.

The company said the targets have electrical signatures consistent with sulphide mineralisation and the potential to be associated with the surface nickel-copper sulphide gossans observed at Fairbridge and/or the highly mineralised ultramafic units drilled at the adjacent Stricklands and Cathedrals prospects.

St George described the new conductive targets ready for drilling at the Fairbridge prospect as ‘highly-chargeable anomalies’ that have been identified within the 1,000 metre east-west strike of the Fairbridge prospect.

Several of these anomalies are co-incident with nickel-copper sulphide gossans at surface and the company’s interpretation of new geophysical data suggests the mineralised ultramafic units drilled at the Stricklands and Cathedrals prospects continue into the Fairbridge area and extend down-plunge to the north.

Other drilling at the West End and Investigators prospects has confirmed extensions of the Cathedrals Belt.

St George completed six drill holes at the West End prospect, all of which intersected the western extension of the fault structure that hosts the mineralised ultramafic within the Cathedrals Belt.

Four extensional drill holes completed at the Investigators prospect intersected disseminated nickel-copper sulphides.

St George now has Downhole Electromagnetic (DHEM) surveys underway that are running concurrently with drilling to identify any conductive targets around completed drill holes.

The company anticipates further drilling to be planned for West End and Investigators following a review of the DHEM survey results.

“The drill program at Mt Alexander is now in full-swing with 10 drill holes completed and downhole EM surveys also underway,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.

“Initial drill results are encouraging and have identified extensions to the Cathedrals Belt.

“Downhole EM surveys in the completed holes will assist in exploring for further nickel-copper sulphides within the Belt.

“The new conductive targets at the Fairbridge prospect are particularly exciting with final modelling of these targets giving us confidence in the potential of further exploration success in our first ever drilling at Fairbridge.”

 

Website: www.stgm.com.au

 

Peel Mining Earns High-Grade Southern Nights Returns

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THE DRILL SERGEANT: Peel Mining released further high-grade results from Resource drilling underway on the Southern Nights deposit, part of the company’s Wagga Tank project in New South Wales.

Peel Mining explained the assays it has received during February represent additional close spaced (20x20m) infill drilling of the Southern Nights Central Zone and drilling for metallurgical and Mineral Resource Estimate purposes.

WTRCDD175 was drilled approximately 30m up-dip of previously reported WTRCDD043 and crosscuts WTRCDD035 a historical hole which had been drilled down the dip of mineralisation.

WTRCDD175:
33 metres at 11.71 per cent zinc, 5.65 per cent lead, 0.19 per cent copper, 147 grams per tonne silver and 1.25g/t gold from 172m including 10.8m at 27.49 per cent zinc, 14.54 per cent lead, 0.5 per cent copper, 409g/t silver and 3.16g/t gold.

“This drillhole intersected a zone of significant shearing and experienced 2.2 metres of core loss from within the 32-metre mineralised interval,” Peel Mining explained in its ASX announcement.

“A value of zero was assigned to all elements in intervals of core loss which is considered conservative.”

WTRCDD180 was drilled as a twin of another previously reported drillhole – WTRCDD150 to provide material for further metallurgical testwork and for Mineral Resource Estimate purposes.

Results for this twin hole showed excellent repeatability of those reported in the earlier WTRCDD150.

WTRCDD180
16.95m at 43.25 per cent zinc, 14.66 per cent lead, 1 per cent copper, 356g/t silver and 3.11g/t gold from 179.15m against the intercept from WTRCDD150 previously reported as 18.2m at 40.3 per cent zinc, 15.21 per cent lead, 0.97 per cent copper, 356g/t silver and 2.77g/t gold from 182m.

The company declared geological logging and portable XRF analyses have also indicated intersections encountered in WTRCDD189, WTRCDD199 and WTRCDD179 further delineating a coherent body of high-grade mineralisation.

“These results continue to confirm the understanding of the high-grade mineralisation which is thought to be steep westerly dipping; covering up to approximately 180 metres strike and has been defined from approximately 120m below surface to approximately 350m below surface,” Peel continued.

“Importantly, this mineralisation remains open down-dip/plunge.

“It should also be noted that focus has been directed on the thickest and highest-grade zone of mineralisation which resides within the Wagga Tank Mudstone however additional mineralisation is also present within the volcanoclastics of the Vivigani Formation and the continuity and tenor of these zones is still being assessed.”

 

Email: info@peelmining.com.au

Website: www.peelmining.com.au

 

AVZ Minerals Achieves Encouraging Results at Carriere de l’Este

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THE DRILL SERGEANT: AVZ Minerals (ASX: AVZ) reported results from Mineral Resource drilling undertaken at the company’s Manono lithium and tin project in the Democratic Republic of Congo.

AVZ Minerals received the results from the final two of six reconnaissance drill holes it recently drilled at the Carriere de l’Este prospect.

The company said the results confirmed further widespread, high-grade spodumene lithium mineralisation, including 68 metres at 2 per cent lithium oxide (Li2O) and 858ppm tine in hole CD18DD006.

Ninety samples returned values greater than 2 per cent including five individual samples grading greater than 4 per cent Li2O with the highest value being from hole CD18DD006 from 181 to 182 metres downhole grading 4.65 per cent Li2O.

AVZ interpreted the results from the latest drill holes to demonstrate grade continuity both down-dip and along strike at Carriere de l’Este with both holes starting in soil cover and confirming the presence of a ‘blind’ pegmatite in previously unknown strike extents of the main deposit.

“These last two holes drilled at Carriere de l’Este are of the same lithium grade tenor and intersection widths as those reported on previously – (19th February 2019),” AVZ Minerals managing director Nigel Ferguson said in the company’s announcement to the Australian Securities Exchange.

“Both holes five and six have drilled through high-grade zones averaging over two per cent lithium oxide, mineralisation which was also seen on holes spaced 200 metres along strike.

“Hole five for example generated 56 by one metre assays greater than two per cent lithium oxide with a maximum value in one sample of 3.97 per cent from 166 to 167 metres deep.

Hole six was comparable with 97 samples returning values greater than two per cent including five individual samples grading greater than four per cent lithium oxide which equates to each of the five samples containing in excess of 50 per cent spodumene.

“The highest value from hole six was from 181 to 182 metres downhole and reported 4.65 per cent lithium oxide.

“Carriere de l’Este is unlike Roche Dure in that it has higher-grade zones within well mineralised pegmatite suggesting a more classical zonation model for this large pegmatite.

“Depending on future drilling, this may open up possibilities for high grade blending with Roche Dure mineralisation to shorten pay back periods and is definitely worth considering as we move through the mining study phase currently underway.”

 

Email: admin@avzminerals.com.au

Website: www.avzminerals.com

 

Alliance Resources Grows Weednanna Outside Mineral Resource Model

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THE DRILL SERGEANT: Alliance Resources (ASX: AGS) announced results from a round of reverse circulation (RC) drilling carried out in December last year at the Weednanna gold deposit, which forms part of the Wilcherry project in South Australia.

Alliance Resources drilled 17 RC holes at the Weednanna deposit to test for extensions of gold mineralisation in the southern area of the deposit at Shoots 4, 5, 5E, 10, and 11.

The company said the results from this drilling program continued to grow the size of the Weednanna deposit outside of the maiden Mineral Resource model.

Shoots 4 and 5E continued to extend to the south with intersections of:

18WDRC053
8 metres at 5.3 grams per tonne gold from 75m, including 2m at 16.2g/t gold from 76m (Shoot 5E); and

18WDRC054
3m at 12.1g/t gold from 133m (Shoot 4).

Hole 18WDRC066 returned the first high-grade gold intersection from Shoot 11 of 2m at 16.1g/t gold from 126m.

Alliance believes a drill intersection of 6m at 12.7g/t gold encountered from 1m in hole 18WDRC051 may present a new near-surface extension of Shoot 4 or a possible new gold shoot.

“The validity of this intersection is however uncertain as these were the first metres drilled in the program and might be contamination,” the company said in its ASX announcement.

“A twin hole was drilled during February to determine the source of the gold.”

In 2018, Alliance announced a maiden Mineral Resources estimate for the Weednanna gold deposit of 1.097 million tonnes at 5.1g/t gold for 181,000 ounces of gold.

“The results of the December 2018 drilling program have returned significant results that extend Shoots 4, 5E, and 11 outside of the 2018 MRE model and remain open along strike or at depth,” Alliance said.

The Wilcherry project is a Joint Venture between Alliance (81.41%) and Tyranna Resources (ASX: TYX) (18.59%), with Alliance set to rake 100 per cent ownership in mid-March.

 

Email: info@allianceresources.com.au

Website: www.allianceresources.com.au

 

De Grey Mining Expands Resource Potential at Mallina Deposit

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THE DRILL SERGEANT: De Grey Mining (ASX: DEG) has received results from drilling on the Mallina deposit, part of the company’s 1.4 million-ounce Pilbara gold project, located near Port Hedland in Western Australia.

De Grey Mining completed a drill program comprising four diamond tails and 15 RC holes that produced encouraging results showing along strike extensions outside of the existing resource model.

New drill results include:

MLRC253D
4.93 metres at 1.23 grams per tonne gold from 106.32m, including 1.19m at 3.73g/t gold from 109.17m;

MLRC255
5m at 2.04g/t gold from 81m;

MLRC257
6m at 1.29g/t gold from 70m, including 1m at 5.66g/t gold from 70m;

11m at 1.05g/t gold from 101m, including 2m at 2.66g/t gold from 106m; and

14m at 1.05g/t gold from 130m.

MLRC258
4m at 1.52g/t gold from 44m; and

7m at 1.33g/t gold from 89m, including 2m at 2.85g/t gold from 92m.

MLRC260
5m at 1.87g/t gold from 151m.

MLRC261
8m at 1.23g/t gold from 62m, including 2m at 3.08g/t gold from 65m; and

14m at 1.59g/t gold from 75m, including 4m at 3.17g/t gold from 77m.

MLRC269
5m at 1.51g/t gold from 66m.

“The RC drilling targeted a number of selected lodes with step out extensions both along strike and down dip,” De Grey Mining said in its ASX announcement.

“The Central Zone has been extended 50 metres to the west and remains open.

“The step out diamond drill holes targeted both deeper down dip extensions of the previously intersected wide alteration and gold zones on section 609315E and known mineralised lodes for metallurgy test work.”

De Grey has commenced a Sub-Audio Magnetic (SAM) survey that has been designed to provide greater ability to target along strike extensions by providing more confidence in the lateral extents of the controlling mineralised structures and allow for larger drill programs to be designed going forward.

The company expects these larger drill programs will enable larger and more rapid resource extensions to be defined.

Further resource extension drill programs are to be planned based on the results of the SAM survey and the pending diamond core.

 

Email: admin@degreymining.com.au

Website: www.degreymining.com.au

 

Helix Resources Confirms Collerina Mineralisation at Depth

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Helix Resources (ASX: HLX) (Helix or the Company) is currently drilling a reverse circulation (RC) and diamond drill program testing for continuity and extensions of the high-grade Central Zone massive sulphide at the company’s Collerina copper deposit in New South Wales.

Helix Resources has received its third batch of assays from the program with further high-grade copper returned from zones of chalcopyrite bearing massive, semi-massive and stringer sulphide.

The latest holes reported were designed to confirm the dip continuity seen in previously reported results.

Results include:

2 metres at 5.1 per cent copper, 0.5 grams per tonne gold, 7g/t silver, 1.4 per cent zinc, within 5m at 2.4 per cent copper, 0.3g/t gold, 3.5g/t silver and 0.6 per cent zinc from 327m; and

2m at 3 per cent copper, 0.2g/t gold, 3.8g/t silver, within 5m at 1.8 per cent copper, 0.2g/t gold and 2g/t silver from 296m.

“These latest intercepts importantly show that lateral continuity is present in the deeper parts of the high-grade Central Zone copper mineralisation,” Helix Resources said in its ASX announcement.

“These additional results at depth confirm the continuity of the strike and distribution of the copper mineralisation, as observed near surface, continues down the plunge of the deposit.”

 

Email: helix@helix.net.au

Website: www.helix.net.au

 

Comet Resources Drilling at Springdale Graphite Project

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THE DRILL SERGEANT: Comet Resources (ASX: CRL) commenced a reverse circulation (RC) drilling program at the company’s Springdale graphite project near Hopetoun in Western Australia.

Comet Resources said the program will test strike extensions to the project’s Northern Zone graphite resource and test a selected number of high-priority new targets.

The drilling follows the release last year by Comet of its Maiden Springdale Graphite Resource of 15.6 million tonnes at six per cent total graphitic carbon (TGC), including 2.6 million tonnes at 17.5 per cent of high-grade TGC.

The company explained the Northern Zone of that resource is located within an interpreted fold closure identified from Comet’s aeromagnetic survey completed in 2017.

“The 2018 drilling programs located broad high-grade graphite mineralisation within this zone,” Comet Resources said in its ASX announcement.

“The shallow dip (more tonnes per vertical metre containing high-grade graphite) and high-grade makes the Northern Zone a great new discovery.

“Extensions along strike are being tested with this current program.

“A selection of new high priority targets will be tested from Comet’s Aeromagnetic interpretation that covers less than 10 per cent of Comet’s 220 square kilometre land holding.

“The interpretation delineated approximately 26 kilometres of prospective stratigraphy for graphite mineralisation.

“Less than 20 per cent of that has been drill-tested to date.

“Historically drill testing of identified prospective stratigraphy has been successful in discovering graphite mineralisation.”

The drilling is being carried out using funding from the Western Australian Government’s Exploration Incentive Scheme (EIS).

As well as the drilling the company is also undertaking physical exploration works and metallurgical testwork on samples from Springdale.

“Understanding the amenability of the graphite at Springdale to convert to graphene and/or to be used in battery anodes and other technologies is an integral part of understanding and realising its commercial value,” the company said.

 

Email: comet@cometres.com.au

Website: www.cometres.com.au

 

Aurelia Metals Progresses Drilling at Hera

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THE DRILL SERGEANT: Aurelia Metals (ASX: AMI) is progressing exploration and Resource infill drilling in the upper North Pod lode at the company’s Hera mine, located south east of Cobar in New South Wales.

Aurelia Metals has received final assay results for a further 34 drill holes, adding to the initial 12 holes it reported to the market in December 2018.

The company said the ongoing program has returned multiple new high-grade base metal, silver and gold intercepts including:

HRUD648B
18.5 metres at 3.7 per cent lead and zinc (Pb+Zn), 27g/t silver and 8 grams per tonne gold, including 7m at 4.4 per cent Pb+Zn, 27g/t silver and 19.6g/t gold;

HRUD642
7m at 45.1 per cent Pb+Zn, 229g/t silver and 0.3g/t gold;

HRUD651
14m at 18.3 per cent Pb+Zn, 188g/t silver and 0.8g/t gold, including 6m at 35.4 per cent Pb+Zn, 222g/t silver and 0.3g/t gold;

HRUD632
17m at 4.5 per cent Pb+Zn, 19g/t silver and 5.3g/t gold, including 2m at 4.9 per cent Pb+Zn, 32g/t silver and 42.5g/t gold; and

HRUD627
12m at 23.1 per cent Pb+Zn, 106g/t silver and 0.6g/t gold.

Aurelia Metals said it was encouraged by the results from holes HRUD642 and HRUD651 as they extend the high-grade trend at North Pod beyond the current Inferred Resources and well beyond the current life-of-mine (LOM) stoping plan.

“We expect these exciting results in North Pod will add to the Resources and Reserves,” Aurelia Metals managing director & CEO Jim Simpson said in the company’s announcement to the Australian Securities Exchange.

“The company continues to focus on near-mine exploration to extend the future at Hera.”

 

Email: office@aureliametals.com.au

Website: www.aureliametals.com.au

 

Musgrave Minerals Identifies New Basement Targets at Lake Austin North

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THE DRILL SERGEANT: Musgrave Minerals has identified two new basement drill targets via regional aircore drilling at the Lake Austin North prospect, part of the company’s Cue gold project in the Murchison district of Western Australia.

Musgrave Minerals is carrying out regional aircore drilling across the Lake Austin North gold target, which has returned thick intervals of gold mineralisation.

The Lake Austin North gold target now comprises multiple zones of anomalous regolith gold mineralisation, located approximately three kilometres of the company’s Break of Day and Lena gold deposits.

The current regional aircore program is approximately 55 per cent complete with 61 drill holes already undertaken.

Aircore drilling is continuing and Musgrave Minerals expects the next batch of results in approximately four weeks.

THE RESOURCES ROADHOUSE SPOKE WITH MUSGRAVE MINERALS MD ROB WAUGH AT THE RIU EXPLORERS CONFERENCE IN FREMANTLE:

CLICK HERE TO WATCH

The drilling has identified the D-Zone, a 400-metre long target defined by strong alteration and shearing along the southern margin of the tonalite contact with gold intercepts including:

19MOAC017
26 metres at 0.62 grams per tonne gold from 81m to end of hole (EOH); and

19MOAC018
45m at 0.18g/t gold from 91m.

The E-Zone target is 700 metres long and defined by gold intercepts including:

19MOAC025
12m at 0.97g/t gold from 99m to EOH;

19MOAC026
18m at 0.76g/t gold from 105m to EOH; and

19MOAC007
4m at 1.09g/t gold from 105m to EOH.

Both zones are open to the south and many of the aircore drill holes terminated in mineralisation, which the company interpreted to further highlight the basement targets for drill testing.

“This is an excellent early result from the regional lake aircore drilling and validates the company’s view that Lake Austin North has the potential to be a large gold system with multiple mineralised structures,” Musgrave Minerals managing director Rob Waugh said in the company’s announcement to the Australian Securities Exchange.

“Similar regolith gold mineralisation was intersected in first pass aircore drilling of the A-Zone basement mineralisation in 2018.

“These new targets are still open to the south with drilling ongoing.”

 

Email: info@musgraveminerals.com.au

Website: www.musgraveminerals.com.au