Blackham Resources Delivers Wiluna Tailings Maiden Resource

/in , /by

THE DRILL SERGEANT: Blackham Resources (ASX: BLK) has completed an initial Mineral Resource estimate for the historical tailings at the company’s Wiluna Gold Operations in Western Australia.

Blackham Resources said the tailings are all within 2km of the Wiluna processing plant and have added 620,000 ounces to the Wiluna free milling gold Mineral Resource base.

The maiden Mineral Resource for the Wiluna Tailings is 33.6 million tonnes at 0.57 grams per tonne gold with 77 per cent of the Mineral Resource classified under the JORC 2012 code as Indicated Resources.

Blackham explained that historical tailings have accumulated at the site since the 1930s and recent independent metallurgical test work has shown potential gold recoveries of between 42 to 50 per cent can be achieved through standard mining and gold leaching processes.

The company added that additional metallurgical test work will potentially enhance the gold recovery and validate how this material may supplement its operating plans.

“Blackham has successfully identified additional free milling ore associated with the Golden Age mineralisation and the Wiluna oxidised zones,” Blackham Resources said in its ASX announcement.

“The company also continues its exploration programs into its priority Lake Way targets and has now completed the first phase of drilling.

“This drilling is the first new drilling in that area for 12 years and the company is awaiting final results.”

Blackham intends to continue to add to its free-milling resource inventory at its Wiluna operations with a view to fully utilising its available assets.

Annual updated Mineral Resource estimates are currently underway for all areas at Wiluna and are expected to be reported in the current quarter.

 

Email: info@blackhamresources.com.au

Website: www.blackhamresources.com.au

 

Saturn Metals Doubles Drilling Efforts at Apollo Hill

/in , /by

THE DRILL SERGEANT: Saturn Metals (ASX: STN) has commenced a second phase RC resource drilling program at the company’s wholly-owned Apollo Hill gold project, near Leonora in the Western Australian goldfields.

Saturn Metals has mobilised two drill rigs to site to accelerate the program, which will comprise approximately 4,000 metres of RC drilling in 35 holes.

The company explained the planned holes will follow up on recent drilling results that have highlighted the potential to increase the scale of the known mineralised system from the project’s current 0.5 million ounce JORC 2012-compliant inferred gold resource of 17.2 million tonnes at 0.9 grams per tonne gold.

Recent drill results compared well with historic mineralised intervals, including:

AHRC0029
22 metres at 1.01g/t gold from 52m, including 11m at 1.49g/t gold from 52m (Northern Extension); and

AHRC0005
23m at 1.15g/t gold from 11m (Southern Extension).

The upcoming drilling will focus along a 250m southern extension corridor to the 1.1km long resource zone but will also look to extend mineralisation to the north where drilling remains open.

Other objectives of the RC drilling will be to follow up on recent higher-grade shoot intersections including:

AHRC0019
20m at 2.5g/t gold from 52m.

Saturn Metals is working towards an expected update to the resource later in 2018.

“This program of drilling is in keeping with Saturn’s objective of growing the Apollo Hill gold system,” Saturn Metals managing director Ian Bamborough said in the company’s announcement to the Australian Securities Exchange.

“We look forward to reporting results in due course and to including them in our new resource estimation.”

Saturn anticipates the program will take two to three weeks to complete, and will provide further information as results are received and analysed.

 

Email: info@saturnmetals.com.au

Website: www.saturnmetals.com.au

 

Impact Minerals Drilling at Clermont Gold Project

/in , /by

THE DRILL SERGEANT: Impact Minerals (ASX: IPT) has commenced drill testing of five target areas at the company’s 100 per cent-owned Clermont gold project located in the southern part of the Drummond Basin in Central Queensland.

Impact Minerals identified the targets via geophysical and geochemical data.

The project lies 30 kilometres south of the town of Clermont and about 50km south of Impact’s recently acquired Blackridge conglomerate-hosted gold project.

“A recently completed gradient array Induced Polarisation (IP) survey has identified multiple coherent northeast trending linear resistivity anomalies that coincide in part with numerous outcrops of gold-bearing quartz veins,” Impact Minerals said in its ASX announcement.

“The resistivity data suggests that the quartz veins extend over a strike length of at least 6,000 metres.”

Impact has taken 98 rock chip samples from variably gossanous quartz veins over the 6,000 metres of strike that returned assays of up to 8.1 grams per tonne gold with 35 samples returning assays of more than 0.1g/t gold and 10 returning assays greater than 1g/t gold.

“A review of an MMI soil geochemistry survey completed by Impact in 2012 showed that the linear resistivity anomalies are coincident with elevated gold, silver and lead in soil values as well as elevated copper to the north and zinc to the east,” the company said.

“The IP data together with the soil and rock chip geochemistry data have been used together with previous drilling data where appropriate to identify five priority areas for drilling.”

The Clermont gold project is located in the southern part of the Drummond Basin, which Impact described as being a prolific epithermal gold-silver belt hosting several world class gold deposits such as Pajingo (Vera-Nancy) (greater than 5 Moz), Mt Leyshon (greater than 3 Moz) and Mt Wright (greater than 1 Moz).

 

Email: info@impactminerals.com.au

Website: www.impactminerals.com.au

 

Cassini Resources Confirms H-T Lode Potential

/in , /by

THE DRILL SERGEANT: Cassini Resources (ASX: CZI) announced further drilling success at the West Musgrave Project (WMP) Joint Venture with OZ Minerals (ASX: OZL) in Western Australia.

This time the announcement stemmed from extension drilling at the Babel deposit.

Cassini Resources explained diamond drillhole CZD0077 is the first hole to test a strong Moving Loop Electromagnetic (MLEM) and coincident Down Hole Electromagnetic (DHEM) conductor representing an extension to the Babel Deposit.

The hole intersected:
25.6 metres at 0.63 per cent nickel, 1.04 per cent copper, 0.03 per cent cobalt, 0.23 grams per tonne platinum group elements (PGE) and 0.11g/t gold from 317.3m, hosted with a 34m zone of gabbronorite.

This hole is consistent with the nearest drill hole, WMN4049, that returned an earlier intercept of:
25.1m at 0.94 per cent nickel and 0.94 per cent copper, 0.03 per cent cobalt, 0.28g/t PGE and 0.11g/t gold from 311.6m.

This mineralised zone known as the H-T Lode, which the JV has interpreted to appear as the faulted extension of the Startmeup Shoot and demonstrates a similar style of mineralisation, grade and geometry.

Cassini said the H-T Lode is now considered as an important target as an extension to the proposed Babel open pit design either by cutback or through underground mining.

“The JV Partners are encouraged with this early success to the resource extension program which demonstrates the potential up-side to the existing Nebo-Babel resource,” Cassini Resources said in its ASX announcement.

“The diamond rig is currently drilling other extension and infill targets at Nebo and Babel.

“A follow-up hole will be drilled to test mineralisation along strike to the west, which is currently open, following completion of DHEM and geological interpretation.

“A second diamond rig has recently started drilling at the One Tree Hill prospect following the company’s systematic plan for regional exploration throughout 2018.”

 

Email: admin@cassiniresources.com.au

Website: www.cassiniresources.com.au

 

Draig Resources Claims Second Tribune Gold Discovery

/in , /by

THE DRILL SERGEANT: Draig Resources declared a new gold discovery situated only 250 metres in the footwall of the Tribune Lode at the company’s Bellevue gold project in Western Australia.

Draig Resources completed a total of five holes, consisting of three re-entries of previously drilled Tribune Lode holes and two new holes from surface, which it said has confirmed mineralisation over 800 metres strike within what was known as the Gap target.

The company described the target is being situated in a position that potentially represents the offset continuation of the historic Bellevue Lode (previously mined underground) to the west of the Highway Fault and is in the footwall, below the recent Tribune Lode gold discovery.

The first drill hole into this new target area (DRDD059) from which was reported an intercept of 3.4 metres at 10.4 grams per tonne gold from 575.3m in pyrrhotite, chalcopyrite, quartz veining with abundant fine visible gold inclusions.

Latest results from broadly spaced (approx. 250 metres apart) drilling has defined a new high-grade gold zone over 800 metres strike length:

DRCD022
2.5m at 13.1g/t gold from 560.5m, including 1m at 28.5g/t gold from 560.5m;

DRDD059
4.3m at 8.8g/t gold from 575.3m, including 3.4m at 10.4g/t gold from 576.2m and 0.3m at 44.4g/t gold from 584.3m;

DRDD051
0.5m at 16.2g/t gold from 565.5m;

DRDD060
1.4m at 9.7g/t gold from 597.8m, including 0.5m at 20.7g/t gold from 598.6m; and

DRDD055
0.3m at 35.8g/t gold from 627.2m.

“The company is pleased to report its second new significant high-grade gold lode discovery at the Bellevue gold project,” Draig Resources executive director Steve Parsons said in the company’s announcement to the Australian Securities Exchange.

“This new discovery is currently defined over a strike length of 800 metres and we see significant potential to extend this as we step out with our current drill program.

“To consistently hit in all holes drilled this new mineralised shear zone and grades encountered over step-out drilling greater than 250 metres apart is extremely encouraging and points to the high quality of the mineralised lode system at the Bellevue gold project.”

 

Email: admin@draigresources.com

Website: www.draigresources.com

 

Alto Metals Widens Hancock Anomaly

/in , /by

THE DRILL SERGEANT: Alto Metals (ASX: AME) has widened a gold-in-soil anomaly at the Hancocks prospect, part of the company’s Sandstone gold project in the East Murchison Mineral Field of Western Australia.

Alto Metals has received assay results for an additional 271 soil samples from the Hancocks prospect, taking the total to 478 samples collected in April 2018, which have defined a highly anomalous and coherent +15 parts per billion (ppb) gold-in-soil anomaly over eight square kilometres.

The company indicated that 93 of these samples (19% of total collected) assayed greater than 30ppb.

“Results from the first of three batches of soil samples collected at Hancocks, south of the Bull Oak open pits were reported on 13 June 2018,” Alto Metals explained it its ASX announcement.

“The results from the remaining two batches have now been received and integrated with the first batch to show the totality of the Hancocks eight square kilometre gold-in-soil anomaly.

“The regolith in this area is shallow, and there are numerous shafts and pits present (developed in the period 1894-1920) where the dumps surrounding the shafts contain fresh differentiated dolerite, banded iron formation (Bif), sediments and quartz.”

 

Email: admin@altometals.com.au

Website: www.altometals.com.au

 

Cassini Resources Confirms Yappsu Mineralisation Hit

/in , /by

THE DRILL SERGEANT: Cassini Resources (ASX: CZI) announced a second serious intersection of massive sulphide mineralisation at the Yappsu prospect within the company West Musgrave Project (WMP) Joint Venture in Western Australia with OZ Minerals (ASX: OZL)

Cassini Resources released the assay results of diamond drill hole CZD0076B, from which it had previously reported visual observations in June.

The company said the best assay results for CZD0076B confirmed nickel and copper sulphide mineralisation in three distinct units:

1. A massive sulphide zone returning 6.45 metres at 1.67 per cent nickel, 1.07 per cent copper, 0.14 per cent cobalt and 0.49 grams per tonne platinum group elements (PGE).

These levels of cobalt and platinum group elements (PGE) are some of the highest recorded at the WMP;

2. An upper heavily disseminated zone of 15.25m at 0.6 per cent nickel, 0.77 per cent copper, 0.02 per cent cobalt, 0.31g/t PGE and 0.18g/t gold. Significant gold mineralisation potential has not been previously recognised.

3. A lower broad disseminated zone of 55.6m at 0.32 per cent nickel, 0.34 per cent copper, 0.01 per cent cobalt 0.23g/t PGE and 0.06g/t gold.

The combined weighted average of all intercepts is 77.8m @ 0.49 per cent nickel, 0.49 per cent copper, 0.2 per cent cobalt, 0.29g/t PGE.

Cassini described this as, “the most significant intercept at the prospect to date on a contained metal basis”, adding that it has confirmed its belief that historical drill holes had not intersected the core of the mineralised system.

Mineralisation has continuity over 250m down-plunge and appears to be strengthening at depth which remains completely open and is yet to be tested by the JV’s current Downhole Electromagnetic (DHEM) or surface Moving Loop Electromagnetic (MLEM) systems.

Additionally, the disseminated mineralisation has a weak EM signature and may extend up-plunge closer to surface than indicated by the EM models.

The up-plunge position has not been tested by drilling.

The company considers this result to be a turning point in the exploration of the Yappsu prospect within the context of the broader WMP.

It Although an early stage prospect, Yappsu is currently being pursued by the JV as an opportunity that could support the development of the Nebo-Babel deposits.

“The results from the first two holes at Yappsu are very significant,” Cassini Resources managing director Richard Bevan said in the company’s announcement t the Australian Securities Exchange.

“The mineralised trend north east of Nebo-Babel has now been shown to host some of the highest tenor sulphide mineralisation identified so far in the project area.

“This has big implications for our continued exploration programs and also for the development scenarios at Nebo-Babel, where the discovery of additional high-grade ore could materially impact the project metrics.

“The early success of our exploration program is a result of the significant work of our technical team and has demonstrated that our targeting strategy is becoming very efficient and effective indeed.”

 

Email: admin@cassiniresources.com.au

Website: www.cassiniresources.com.au

 

Vango Mining Locates Coarse Vein Gold at Apex Prospect

/in , /by

THE DRILL SERGEANT: Vango Mining (ASX: VAN) declared generation of another high‐grade gold target at the company’s 100 per cent‐owned Plutonic Dome gold project in the Mid‐ West region of Western Australia.

Vango Mining said the identification of the new target came via discovery of widespread coarse ‘nugget’ gold at surface and vein‐hosted gold in float samples at the Apex prospect, located in the north east of the project.

Vango recently conducted a first‐pass reconnaissance exploration program around Apex and other tenements in the area, led by leading minerals prospector Bob Creasy that returned multiple coarse gold ‘nuggets’ and located the coarse vein‐gold in weathered float in an area of shallow cover.

The float is interpreted as being close to a contact zone between a Syenite intrusive and inter‐bedded mafics and ultramafic meta‐volcanics tying in with the company’s view that the location of coarse vein‐gold in granitic/syenitic float rocks may indicate a bedrock source for the wide‐spread coarse nuggets in this area.

“The bedrock below the coarse‐vein gold discovery has yet to be examined in detail or been subjected to systematic gold‐focused exploration programs,” Vango Mining said in its ASX announcement.

“The company now plans to conduct a surface mapping/prospecting programme of the Apex area to identify priority zones, and then commence geochemical drilling to test for primary, high‐grade, gold mineralisation.”

Vango is currently drilling key targets within the Plutonic Dome project area, commencing with the Trident gold deposit.

This drilling has already delivered intersections of very high‐grade gold mineralisation and drilling is now stepping‐out to target repeats of the ‐high grade core of the Trident deposit at depth.

Drilling is also planned to test the Cinnamon, conglomerate hosted, gold deposit.

In parallel with the drilling at Plutonic Dome, Vango has commenced a regional exploration program across the wider Plutonic Dome project, designed to define and assess other target areas across the project.

 

Website: www.vangomining.com

 

Alliance Resources Identifies New Weednanna Gold Shoots

/in , /by

THE DRILL SERGEANT: Alliance Resources (ASX: AGS) has postponed the release of a maiden Mineral Resources at the company’s Weednanna gold prospect in South Australia.

Alliance Resources explained the postponement is due to recently-competed 3D modelling of historic gold mineralisation being brought into JORC Code 2012-compliance.

“The 3D modelling of this historic gold mineralisation is essential for the purposes of planning exploration in order to grow the project going forward,” Alliance Resources said in its ASX announcement.

“The historic gold mineralisation is now reported in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code), in order that it may be included in the maiden mineral resource estimate.

“Accordingly, the timing for completion of the mineral resource estimate has to be extended whilst this work progresses.”

Alliance said that 3D geological modelling completed at Weednanna in support of the maiden mineral resource estimate was initially planned to be restricted to the areas of highest drilling density around gold mineralised Shoots 1 to 4.

However, as Alliance’s understanding of the lithological and structural controls on the distribution of gold has evolved the importance of additional gold mineralisation was recognised from drilling intercepts in the historical database.

Thirteen gold shoots were identified during the 3D modelling process, including Shoots 1 to 4 that have been the focus of Alliance’s drilling activities during 2017 and 2018.

During 2017 and 2018 Alliance has systematically completed re-logging of all available RC chips and diamond core from Weednanna to provide detailed data for geological interpretation and 3D modelling.

Where drill chips or diamond core were not available for re-logging, the company re-digitised historic geological logging sheets to ensure the capture of all available geological data.

In total, 256 RC holes for 20,889 metres and 40 diamond holes for 4,779.6 metres were re-logged in addition to the 92 RC holes for 14,341 metres drilled by Alliance during 2017 and 2018.

Cross-sectional interpretation was completed on 25m spaced traverses along the 1,325 metre strike length of the prospect.

The Weednanna prospect forms part of the Wilcherry project Joint Venture between Alliance (71.09%) and Tyranna Resources (ASX: TYX) (28.91%).

 

Email: info@allianceresources.com.au

Website: www.allianceresources.com.au

 

Intermin Resources Highlights Potential Goongarrie Lady Gold Extensions

/in , /by

THE DRILL SERGEANT: Intermin Resources (ASX: IRC) has completed a 500-metre reverse circulation (RC) extension program at the company’s 100 per cent-owned Goongarrie Lady gold project, north of Kalgoorlie in the Western Australian goldfields.

Intermin Resources completed four holes targeted into discrete areas approximately 100m south of the southernmost drilling the company completed last year.

Three exploration drill holes testing up to 500m south of the current pit design all returned new gold mineralisation, including:

GLRC1804
2 metres at 1.5 grams per tonne gold from 32m, 1m at 1.41g/t gold from 45m, 2m at 17.7g/t gold from 47m and 2m at 1.48g/t gold from 68m;

GLRC1806
1m at 2.34g/t gold from 45m; and

GLRC1805
1m at 0.56g/t gold from 43m.

“These latest results have demonstrated the potential to extend the project to the south and we look forward to the results of the follow up drilling and assessing the impact on the current production profile and project economics,” Intermin Resources managing director Jon Price said in the company’s announcement to the Australian Securities Exchange.

Intermin indicated it plans to fast track drilling at the Goongarrie Lady South area with an initial 1,000m of RC drilling planned.

The drilling will attempt to link up GLRC1804 and GLRC1805 to the projected mineralised trend south of the pit.

Several holes will also test the ground around GLRC1806.

 

Email: iadmin@intermin.com.au

Website: www.intermin.com.au