Sheffield Resources Commences Regional Drilling at Thunderbird

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THE DRILL SERGEANT: Sheffield Resources (ASX: SFX) has commenced a major exploration drilling program at the company’s Dampier mineral sands project near Derby in northern Western Australia.

Sheffield Resources said the aircore drilling program is targeting multiple prospects along a 160 kilometres long prospective horizon and is expected to take two months and generate assay results.

The campaign has commenced at the high priority Night Train prospect located 20km southeast of Sheffield’s Thunderbird project and within two kilometres of the proposed Thunderbird Access Road.

This company explained the drilling program forms part of an exploration strategy of targeting additional large, zircon rich deposits containing premium ceramic grade zircon suitable for downstream processing at the Thunderbird Dry Mineral Separation Plant.

“We are true believers in the Canning Basin as a significant new mineral sands province. We have a dominant ground position in a highly underexplored region with immense potential,” Sheffield Resources managing director Bruce McFadzean said in the company’s announcement to the Australian Securities Exchange.

“We are looking for large zircon rich deposits to complement our Thunderbird Mineral Sands Project, one of the largest and highest-grade mineral sands discoveries in the last 30 years.

“We are planning an extensive drilling program, which could generate significant potential upside for investors.

“With clear long-term supply issues facing the industry and very few recent discoveries, Sheffield remains committed to aggressively growing its inventory of zircon rich Reserves and Resources.

“We will continue to actively pursue and evaluate new mineral sands opportunities in Australia and overseas, with a focus on large zircon rich deposits.”

 

Email: info@sheffieldresources.com.au

Website: www.sheffieldresources.com.au

 

Peel Mining Hits Strong Mallee Bull Infill Results

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THE DRILL SERGEANT: Peel Mining (ASX: PEX) reported infill drilling results from the company’s 50 per cent-owned Mallee Bull deposit, located near Cobar in western New South Wales.

Peel Mining explained the drilling was undertaken as part of a Pre-Feasibility Study (PFS) investigating the conceptual development of the upper portion of Mallee Bull as a dig and truck operation, under which ore would be milled at JV partner CBH’s Endeavor mine located approximately 150 kilometres away, where surplus milling capacity exists.

The drilling consisted 16 drillholes and was designed to infill to a maximum of 30-metre spacing between drill intercepts in a zone of interest between 180m and 300m below surface, allowing for an update to the resource model (in this area) to an indicated mineral resource estimate.

The drilling also provided additional geotechnical information, and material for further metallurgical testwork.

Peel said its initial interpretation of drilling results indicates that the area of interest shows continuity of the Mallee Bull lode (stringer/breccia style) mineralisation.

Strong polymetallic mineralisation was intercepted in most drillholes with better assays including:

MBRCDD115
11m at 9.02 per cent copper, 114 grams per tonne silver, 0.37g/t gold from 296m;

MBRCDD110
14.15m at 4.27 per cent copper, 51g/t silver, 0.25g/t gold from 262m;

MBRCDD104
16m at 2.19 per cent copper, 49g/t silver, 0.38g/t gold from 237m including 9m at 2.69 per cent copper, 67g/t silver, 0.43g/t gold from 242m;

MBRCDD113
18m at 1.53 per cent copper, 24g/t silver, 0.38g/t gold from 234m including 4.86m at 3.53 per cent copper, 34g/t silver, 0.64g/t gold from 234.86m;

MBRCDD106
5m at 11.09 per cent zinc, 5.48 per cent lead, 32g/t silver, 0.14g/t gold from 305m;

MBRCDD103
13m at 1.76 per cent copper, 9g/t silver, 0.05g/t gold from 281m including 4m at 2.9 per cent copper, 12g/t silver, 0.06g/t gold from 288m;

Peel said the PFS is being based around underground mining of the high-grade Silver Ray zinc-lead-silver lens, followed by the development of an exploration decline to around 300m below surface to enable the underground drilling of the Mallee Bull lode copper mineralisation.

Mineralisation between 180m and 300m below surface is to be assessed for its potential to add further ore to the mineral inventory.

“Recently received assays are currently being interpreted and wireframed in anticipation of updating the relevant portion of the mineral resource model,” Pell Mining said in its ASX announcement.

“Once completed, the new mineral resource model will be the subject of mine design/scheduling to enable completion of the PFS which is expected during the current quarter.”

 

Email: info@peelmining.com.au

Website: www.peelmining.com.au

 

Saturn Metals Returns Encouraging Drill Results from Apollo Hill

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THE DRILL SERGEANT: Saturn Metals (ASX: STN) reported an encounter with further diamond drilling intersections at the company’s 100 per cent-owned Apollo Hill gold project, near Leonora in the Western Australian goldfields.

Saturn Metals completed drilling that tested extensional positions on the main Apollo Hill deposit and the adjacent Ra deposit, which have a combined 0.505 million ounce JORC 2012-compliant inferred gold resource of 17.2 million tonnes at 0.9 grams per tonne gold.

Better results from the latest batch of diamond drilling assays include:

AHRCD0001
2.6 metres at 3.23g/t gold from 88.7m – (Ra Footwall Zone);

AHDD0001
2.2m at 2.5g/t gold from 61.7m – (Ra); and

AHDD0002
2.5m at 3.18g/t gold from 76.5m within 10.1m at 1.26g/t gold from 75.9m – (Apollo Hill South).

Saturn Metals said the intersections at Apollo South show similarities to the higher-grade dolerite hosted vein structures noted in the parallel and adjacent Ra deposit.

The drilling has also demonstrated the potential for more of this important style of mineralisation in the prospective dolerites.

Drilling remains open along strike and down plunge with the potential for multiple stacked lodes.

Results also delineated several other wider zones of lower grade gold mineralisation with intersections including:

AHDD0006
21m at 0.44g/t gold from 117m; and

AHDD0002
7.1m at 0.58g/t gold from 14m.

The company indicated that results will form part of an upcoming resource re-calculation with a revised resource statement anticipated for later in 2018.

“We are excited by the new geological development at Apollo South, and the potential to discover another zone of higher grade Ra style mineralisation,” Saturn Metals managing director Ian Bamborough said in the company’s announcement to the Australian Securities Exchange.

“The opportunity remains open for additional testing.”

 

Email: info@saturnmetals.com.au

Website: www.saturnmetals.com.au

 

Middle Island Achieves Positive Stage II Ore Sorting Results

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THE DRILL SERGEANT: Middle Island Resources (ASX: MDI) reported further positive results from Stage II ore sorting trials conducted on drill core from the Two Mile Hill tonalite deeps deposit at the company’s 100 per cent-owned Sandstone gold project in Wetsrn Australia.

The Two Mile Hill tonalite deeps deposit comprises a gold mineralised, tonalite (granite) plug or stock, which at surface measures some 250 metres in length, 80-90m width and extends to at least 700m depth.

The deposit is located four kilometres north of Middle Island’s 600,000 tonnes per annum Sandstone gold processing plant and comprises an Exploration Target of 24 million tonnes to 34 million tonnes at 1.1 grams per tonne to 1.4g/t gold (0.9 million to 1.5 million ounces of gold) situated between 140m and 700m vertical depth, below which it remains open.

“Ore sorting trials continue to demonstrate a significant enhancement in gold grade, along with a commensurate reduction in feed mass that improves the potential viability of underground mining at the Two Mile Hill tonalite deeps deposit,” Middle Island Resources managing director Rick Yeates said in the company’s announcement to the Australian Securities Exchange.

“Considerable newsflow associated with the Two Mile Hill deposit can be anticipated in the current quarter, including diamond drilling results, a Mineral Resource upgrade and an updated underground mining concept study.

“We look forward to keeping shareholders updated on progress with the substantial Two Mile Hill tonalite deeps deposit at the Sandstone gold project during the remainder of 2018.”

 

Email: info@middleisland.com.au

Website: www.middleisland.com.au

 

Pioneer Resources Confirms A-Grade Potassium over Sinclair Deposit

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THE DRILL SERGEANT: Pioneer Resources (ASX: PIO) informed the market that recent drilling has identified a market-significant volume of potassium feldspar occurs above the company’s Sinclair Zone caesium deposit, at the company’s 100 per cent-held Pioneer dome project in Western Australia.

Pioneer Resources is currently towards opening the Sinclair Mine, an open pit to extract the Sinclair Zone caesium deposit which, subject to final approvals, is anticipated to commence during the current Quarter.

Pioneer established the economics of the Sinclair Mine on the sale of caesium only, however mining will also extract potassium feldspar, lithium minerals (petalite, lepidolite) and quartz.

Each mineral will be stockpiled separately, and separate commercial arrangements made for each.

Potassium feldspar is used in the manufacture of ceramics and glassware, especially in glazes for hardwearing tableware and floor tiles, and as a key component of advanced high-tolerance insulators and electro-ceramics.

It is an internationally traded mineral product with a nominal value US$50-100 per tonne (lump), depending on the point of sale, quality, consistency and end-use application.

Pioneer has set an Exploration Target at the Sinclair Pegmatite of between 500,000 tonnes and 750,000 tonnes of Potassium Feldspar (KFs), targeting A-Grade ceramic product specification with key element grade ranges.

“The observed geology and assay distributions indicate that there are likely to be several potassium feldspar products distinguishable by potassium (K), sodium (Na), aluminium (Al), alkali elements (Rb, Cs) and contaminant elements content,” Pioneer Resources said in its ASX announcement.

“Premium, A-Grade potassium feldspar (KFA) occurs as an upper zone within the Sinclair Pegmatite.

“Assays of KFA from diamond drill core consistently return very low levels of critical contaminant elements including: iron (Fe) niobium (Nb) and manganese (Mn).

“Test work has indicated however that if these contaminants are present in marginal KFA material, fine screening will result in an upgraded coarse product.”

 

Email: info@pioresources.com.au

Website: www.pioresources.com.au

 

Calidus Resources Expands Warrawoona Mineralisation

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THE DRILL SERGEANT: Calidus Resources (ASX: CAI) released results from drilling underway at the Copenhagen gold deposit, located in the Pilbara of Western Australia.

The Copenhagen satellite deposit lies approximately 10 kilometres to the West of the current Klondyke deposit at the company’s 712,000 ounce Warrawoona gold project.

Calidus is undertaking a large resource infill and extension program across the Warrawoona project with an aim to expand the current resource to underpin a pre-feasibility study in 2019.

Copenhagen diamond drilling returned intercepts of:

18CPDD004
10 metres at 5.38 grams per tonne gold from 63m; and

18CPDD003
1m at 7.91g/t gold from 121m.

Other drilling underway includes RC drilling at the Klondyke East extension where Calidus has encountered further ore grade mineralisation east of the current 654,000 ounce Mineral Resource defined during 2017.

Recent intercepts from the current round of drilling include:

18KLRC111
12m at 2.15g/t gold from 0m;

18KLRC130
4m at 6.08g/t gold from 99m;

18KLRC120
12m at 1.73g/t gold from 24m;

18KLRC124
8m at 1.92g/t gold from 0m;

18KLRC111
1m at 13.36g/t gold from 91m;

18KLRC122
6m at 1.58g/t gold from 166m; and

18KLRC119
1m at 9.25g/t gold from 121m.

“The Resource definition drilling program at Copenhagen has significantly improved our understanding of the high-grade plunge orientation of this orebody,” Calidus Resources managing director Dave Reeves said in the company’s announcement to the Australian Securities Exchange.

“This information will support our targeting for depth extensions with the second phase of drilling to commence at Copenhagen during the current quarter.

“We are also pleased with the confirmation of mineralisation commencing from surface further east of our Klondyke Resource and will continue to evaluate the potential for further extensions with our systematic program.

“The company is also testing the St George Shear Zone via initial scout drilling which has received no modern exploration.

“In parallel, further geological work has defined a continuous working of over one kilometre on surface that targeted a chert/quartz vein that on closer inspection shows excellent continuity at depth and represents a high priority target for additional high-grade resources.

“A program targeting this area will commence in the next two weeks with a second rig and will include a large portion of diamond drilling to enable a selective grade to be reported.”

 

Email: info@calidus.com.au

Website: www.calidus.com.au

 

Musgrave Minerals Continues Lake Austin North Gold Hits

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THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) continued its run of strong assay results from recently completed regional aircore/reverse circulation (RC) drilling at the company’s Cue project in Western Australia’s Murchison district.

Musgrave Minerals said the drilling being carried out at the Lake Austin North gold target returned new thick intervals of gold mineralisation in Archaean regolith.

The Lake Austin North target now comprises multiple parallel zones of anomalous gold mineralisation 200 to 300 metres apart, approximately three kilometres north of the Break of Day and Lena gold deposits.

The company said results from A Zone at Lake Austin North had confirmed potential for a large gold system.

Latest intercepts include:

18MOAC106
26 metres at 1.11 grams per tonne gold from 120m, including 14m at 1.97g/t gold from 132m to end of hole.

The A Zone target is open in all directions and detailed gravity data has indicated the untested contact could extend for a further two kilometres strike.

Musgrave has identified a new gold zone (C Zone) a further 300m west of A Zone where drilling intersected:

18MOAC117
30m at 0.56g/t gold from 66m, including 6m at 1.44g/t gold from 90m to end of hole.

Re-sampling of 6m composites at 1m intervals undertaken by Musgrave has confirmed previous thick intersections and highlight high-grade zones, including:

18MOAC075
2m at 10.46g/t gold from 131m to end of hole;

18MOAC072
2m at 7.83g/t gold from 139m;

18MOAC077
9m at 2.72g/t gold from 131m; and

18MOAC077
5m at 4.9g/t gold from 143m;

“This is another strong result and with the mineralisation open in multiple directions along the granodiorite contact, it indicates we have identified a significant gold system,” Musgrave Minerals managing director Rob Waugh said in the company’s announcement to the Australian Securities Exchange.

“Many of the drill holes currently terminate in mineralisation so follow-up RC drilling will be focused on establishing the true thickness, tenor and extent of the gold mineralisation in unweathered rock to help define the scale of the system.

“Modelling of the recent gravity data also suggests the mineralised contact could extend for a significant strike extent under the salt lake in areas of no previous basement drilling, thus increasing the exploration upside.”

Musgrave indicated follow-up, deeper basement drilling is set to commence at Lake Austin North in early August.

The company anticipates further assays in the next two weeks from an additional eight RC holes where six-metre composites have been resampled at one-metre intervals.

Development studies are continuing at the Break of Day and Lena deposits to evaluate options to optimise cash flow.

 

Email: info@musgraveminerals.com.au

Website: www.musgraveminerals.com.au

 

Pioneer Resources Encounters Further Sinclair Lithium Mineralisation

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THE DRILL SERGEANT: Pioneer Resources (ASX: PIO) has hit further thick zones of lithium mineralisation whilst drilling at the company’s 100%-held Pioneer Dome project in the Eastern Goldfields of Western Australia.

The Pioneer Dome project includes Pioneer Resources’ proposed Sinclair Zone caesium mine over which it recently received approval for the Mining Proposal.

Pioneer’s recent drilling included 44 drill holes, which returned noteworthy lithium intersections, including:

PDRC187
27m at 1.86 per cent lithium oxide (Li2O) from 46m (Lepidolite)

PDRC190
11m at 3.15% Li2O from 52m (Mixed)

PDRC199
22m at 1.98 per cent Li2O from 37m (Petalite)

PDRC202
27m at 1.60 per cent Li2O from 35m (Petalite)

PDRC207
15m at 2.47 per cent Li2O from 36m (Petalite)

PDRC210
17m at 1.90 per cent Li2O from 39m (Lepidolite)

PDRC211
21m at 1.83 per cent Li2O from 33m (Petalite)

PDRC212
15m at 2.59 per cent Li2O from 39m (Petalite)

PDRC215
21m at 1.65 per cent Li2O from 42m (Mixed)

Pioneer flagged it has fielded enquiries from third parties interested in purchasing parcels of lepidolite, petalite or mixed lithium mineralisation that can be excavated from the Stage 1 Sinclair caesium mine or from an extended Stage 2 Pit.

“The company’s first proposed mining operation, the Sinclair caesium mine, is advancing rapidly with approvals now in place,” Pioneer Resources managing director David Crook said in the company’s announcement to the Australian Securities Exchange.

“Recent drilling results have confirmed the continuity of the pollucite mineralisation, and the potential to derive further income from the sale of potassium and lithium minerals significantly de-risks the project from an ore supply perspective and enhances the economic returns.”

 

Email: info@pioresources.com.au

Website: www.pioresources.com.au

 

Rox Resources Pleased by Collurabbie Drilling

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THE DRILL SERGEANT: Rox Resources (ASX: RXL) received assay results from a recent aircore drilling program completed at the company’s Collurabbie project, 250 kilometres north of Laverton in Western Australia.

Rox Resources completed the program, which consisted 109 holes for 3,910 metres, testing several targets within its tenements.

Stand out results came from the Troy, Olympia North and Zeus South prospects, including:

TROY

CXAC123
12 metres at 0.8 per cent nickel, 0.03 per cent copper, 0.06 per cent cobalt from 8m; and

CXAC124
24m at 0.47 per cent nickel, 0.01 per cent copper, 0.02 per cent cobalt from 28m.

OLYMPIA NORTH

CXAC156
4m at 0.24 per cent nickel, 0.01 per cent copper, 0.02 per cent cobalt from 4m.

ZEUS SOUTH

CXAC187
28m at 0.48 per cent nickel, 0.00 per cent copper, 0.03 per cent cobalt from 8m; and

CXAC186
20m at 0.33 per cent nickel, 0.00 per cent copper, 0.02 per cent cobalt from 8m.

Rox explained the Troy prospect lies along the north trending ultramafic Beta Sill where previous diamond drilling intersected 0.6m at 2.2 per cent nickel, 1 per cent cobalt.

The company has follow-up drilling planned for the next quarter.

“We continue to generate highly anomalous aircore results at Collurabbie, and it appears to be a significant province for nickel sulphides,” Rox Resources managing director Ian Mulholland said in the company’s announcement to the Australian Securities Exchange.

“We will undertake further exploration drilling to better define and understand this mineralisation as soon as possible.”

 

Email: admin@roxresources.com.au

Website: www.roxresources.com.au

 

Saturn Metals Drills Positive Results at Apollo Hill

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THE DRILL SERGEANT: Saturn Metals (ASX: STN) received results from diamond drilling at the company’s 100 per cent-owned Apollo Hill gold project near Leonora in the Western Australian goldfields.

Saturn Metals explained the drilling had focused along higher grade structural zones or shoots within the main Apollo Hill deposit, which has a 0.5 million ounce JORC 2012-compliant inferred gold resource of 17.2 million tonnes at 0.9 grams per tonne gold.

Results returned in this first batch of assays included:

AHDD0007
7.4 metres at 2.01g/t gold from 220.5m;

AHRCD0016
11.2m at 1.77g/t gold from 173.8m, within 24.2m at 1.22g/t gold from 173.8m; and

AHDD0005
3.8m at 2.05g/t gold from 89m, including 0.5m at 15.6g/t gold from 92.3m.

Saturn Metals said the results from AHRCD0016 and AHD0007 had improved the geological continuity of the higher-grade Armstrong zone within the resource, highlighting the potential to increase the overall grade of the known mineralised system.

The company currently has RC drilling further targeting this, and other higher-grade positions.

Saturn submitted samples from the AHRCD0016 mineralised intercept for a second and third round of assays using larger sample size bottle roll cyanidation and screen fire assay to help assess the effect of the nuggety gold noted in the drill core on the reported assay results.

Other results delineated several other wider zones of Apollo Hill style gold mineralisation with intersections including:

AHDD0003
7.8m at 1.12g/t gold from 85m; and

AHDD0005
15m at 0.8g/t gold from 146m.

Saturn indicated that all results would be used in an upcoming resource re-calculation with a resource statement anticipated for later in 2018.

Assays remain pending for four diamond drill holes taht tested distinctly different positions within the greater Apollo Hill gold system.

“Results continue to outline better grades within specific parts of the Apollo Hill gold system and we look forward to seeing how they affect our resource re-calculation in the coming months,” Saturn Metals managing director Ian Bamborough said in the company’s announcement to the Australian Securities Exchange.

 

Email: info@saturnmetals.com.au

Website: www.saturnmetals.com.au