Meteoric Resources Defines Cobalt Targets

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THE DRILL SERGEANT: Meteoric Resources (ASX: MEI) completed a closely spaced, ground based geophysics program of induced polarisation (IP), resistivity and magnetics at the company’s 100 per cent-owned Mulligan cobalt project in Canada.

Meteoric Resources had the ground based gradient IP / resistivity and magnetic survey conducted to investigate the location and extent of cobalt rich polymetallic veins that were previous mined at Mulligan.

These surveys outlined numerous target regions where very little historic work has been reported and where no modern exploration techniques had previously been applied.

“The initial ground‐based geophysics results achieved at Mulligan have certainly exceeded our expectations,” Meteoric Resources managing director Dr Andrew Tunks said in the company’s announcement to the Australian Securities Exchange.

“The survey has defined numerous highly prospective targets for our first drilling program focussing on the cobalt rich polymetallic veining.

“We are continuing to quickly work through the target generation phase of exploration at all of our prospective cobalt assets in Ontario and we are very much looking forward to getting drill rigs on‐site to test these outstanding targets.

“Drilling is on track to commence at Mulligan in July 2018.”

 

Website: www.meteoric.com.au

 

Blackham Resources Extends Wiluna High-Grade Mineralisation

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THE DRILL SERGEANT: Blackham Resources (ASX: BLK) released results from a recent free milling drill program undertaken at the company’s Wiluna-Matilda gold operation in Western Australia.

Blackham Resources said the drilling had extended shallow oxide and transitional mineralisation close to the Wiluna CIL plant.

Results include broad zones of shallow high-grade mineralisation intersected surrounding the modelled East-West pit cutback, in Blackham’s newly discovered cross structure zones that were not mined by previous operators.

Better intercepts include:

WURC0622
20 metres at 4.84 grams per tonne gold from 5m, including 9m at 8.76g/t gold;

WURC0623
19m at 3.52g/t gold from 3m incl. 1m at 5.27g/t gold and 3m at 5.62g/t gold and 2m at 10.63g/t gold;

WURC0619
22m at 2.97g/t gold from 11m, including 7m at 5.90g/t gold;

WURC0627
14m at 4.23g/t gold from 16m, including 7m at 7.66g/t gold;

WURC0617
22m at 2.38g/t gold from 3m, including 1m at 7.10g/t gold and 1m at 7.76g/t gold and 1m at 6.48g/t gold;

WURC0630
13m at 3.58g/t gold from 48m, including 3m at 5.30g/t gold;

WURC0624
15m at 2.70g/t gold from 32m, including 1m at 5.89g/t gold and 1m at 6.95g/t gold; and

WURC0625
19m at 2.00g/t gold from 40m;

Infill drilling at the Happy Jack pit has delivered further high-grade oxide and transitional intersections and enhanced confidence in the resource model interpretation.

The potential for increased sulphide resources was also highlighted by several holes that extended into the deeper fresh rock.

Better results include:

WURC0598
19m at 6.36g/t gold from 35m;

WURC0585
7m at 7.62g/t gold from 35m and 9m at 1.99g/t gold from 111m;

WURC0603
8m at 4.65g/t gold from 112m and 10m at 7.93g/t gold from 136m;

WURC0589
12m at 2.29g/t gold from 122m, 3m at 4.97g/t gold from 138m and 9m at 6.83g/t gold from 147m; and

WURC0602
8m at 2.30g/t gold from 2m, 23m at 1.59g/t gold from 18m and 20m at 8.70g/t gold from 72m.

Drilling was also completed around the Adelaide, Moonlight, Essex and Bulletin pits with moderate tenor results received.

Cutbacks on these pits also appear viable and are being assessed for future mining.

Best results were:

WURC0600
6m at 3.81g/t gold from 103m, including and 13m at 1.95g/t gold from 127m; and

WURC0605
11m at 2.23g/t gold from 19m.

“Further drilling is planned to close out open-pit mineralisation ahead of finalising mine designs for the free milling starter pits,” Blackham Resources said in its ASX announcement.

“Blackham’s next resources and reserves update will incorporate these results and is expected to be completed in the September ’18 quarter.

“Blackham management are currently fast-tracking pit designs and approvals to mine the high-grade East West Cross Structures and Golden Age North pits in the December’18 quarter.”

 

Email: info@blackhamresources.com.au

Website: www.blackhamresources.com.au

 

Alto Metals Defines Sandstone In-Soil Gold Anomalies

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THE DRILL SERGEANT: Alto Metals (ASX: AME) completed soil sampling it claims to have located three linear gold-in-soil anomalies along an interpreted ‘splay’ off the Edale Fault near Sandstone in Western Australia.

Alto Metals described the Edale Fault as a major deep crustal feature forming the eastern boundary of the Sandstone Greenstone belt, and a potential conduit for emplacement of gold-rich fluids.

The company has received assays from 28 samples out of a total of 340 samples collected in the vicinity of the Edale Fault that have returned anomalous results plus-7ppb gold in three discrete linear zones, each between 1,000 metres to 1,500m long.

“Throughout the Yilgarn Craton, the bounding faults to the Archaean greenstone belts and their environs play host to major orogenic gold deposits,” Alto Metals managing director Dermot Ryan said in the company’s announcement to the Australian Securities Exchange.

“We are very encouraged by these coherent, linear gold in soil anomalies, which we intend to drill test as soon as our Program of Work is approved by the Department of Mines, Industry Regulation and Safety.”

 

Email: admin@altometals.com.au

Website: www.altometals.com.au

 

Calidus Resources Confirms Coronation High-Grades

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THE DRILL SERGEANT: Calidus Resources (ASX: CAI) announced confirmation of further high-grade results from the Coronation prospect and depth extensions below the Klondyke Resource at the company’s Warrawoona gold project, located 25kms south of Marble Bar in the East Pilbara of Western Australia.

Calidus Resources completed initial reconnaissance drilling at Coronation that has defined high-grade strike of 250 metres adjacent to the previously high-grade drilling results.

Latest drilling intercepts include:

18CRRC007
10 metres at 3.84 grams per tonne gold, including 1m at 30.4g/t gold from 27m; and

18CRR008
8m at 2.22g/t gold from 71m.

Calidus also recorded rock chips up to 114.7g/t gold from surface at Coronation.

The company is now planning a Resource drill out program at Coronation for this year to add shallow high-grade ounces.

Recent deep diamond drilling has extended gold mineralisation at Klondyke 150m down dip of previous drilling to 370m depth with an intercept of:

18KLDD010
2m at 6.01g/t gold, including 1m at 9.39g/t gold from 421m.

The company said its Klondyke RC resource drill out was progressing well with first results due within four weeks.

“Reconnaissance drilling at the satellite Coronation prospect has highlighted a 250 metre long high-grade zone that will be in-fill drilled in the coming year to provide a maiden resource for Coronation adding to the 712,000 ounce inventory that already exists at Warrawoona,” Calidus Resources managing director Dave Reeves said in the company’s announcement to the Australian Securities Exchange.

“In addition, the intersection of high grade gold at Klondyke 150 metres below previous drilling is very exciting.

“Proving that the structure extends at depth, even on the far edges of our resource, gives us confidence that there is large blue-sky potential across Klondyke at depth.

“For now, however, we will concentrate on the shallow open pit resource potential of Klondyke for the remainder of this year and re-visit the extension of mineralisation at depth once we have gained further knowledge on the deposit.

“I am pleased to report that this resource extension drilling is progressing well and I look forward to announcing these results on a rolling basis over the coming five months.”

 

Email: info@calidus.com.au

Website: www.calidus.com.au

 

Impact Minerals Ramping Up Across Exploration Portfolio

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THE DRILL SERGEANT: Impact Minerals (ASX: IPT) signalled its exploration intentions with work to be ramped up over the next six months at four of the company’s 100 per cent-owned gold and base metal projects across Australia.

Impact Minerals has drill programs planned for the Commonwealth gold-silver-base metal project in New South Wales, the Clermont gold project in Queensland and the Mulga Tank gold and nickel project in Western Australia.

The work will also entail the first bulk samples taken at the Blackridge conglomerate gold project in Queensland, in which Impact recently acquired an option to earn 95 per cent.

“Following a recent strategic review of the company’s projects, eleven of the most prospective targets for gold and other metals across the exploration portfolio will be drill tested,” Impact Minerals said in its ASX announcement.

“Work will commence at Commonwealth and Clermont with drill rigs likely to be operating concurrently before moving on to Mulga Tank and Blackridge by about September-October.”

At Commonwealth, all statutory approvals are in place to commence follow up drilling at the Silica Hill Prospect where gold and very high-grade silver intercepts were returned from the previous drill program.

At Clermont follow up RC and diamond drilling is planned at five targets to test previous high-grade drill intercepts and rock chip and soil geochemistry anomalies.

At Mulga Tank in Western Australia, Impact has identified a number of gold and nickel targets for follow up work.

At the Blackridge conglomerate gold project also located near Clermont in Queensland, bulk samples will be taken at several places along the mineralised unconformity between the gold-bearing sedimentary units and the underlying basement.

A few drill holes may also be completed.

 

Email: info@impactminerals.com.au

Website: www.impactminerals.com.au

 

Musgrave Minerals Intersects Gold at Lake Austin North

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THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported further strong assay results from a regional aircore/reverse circulation (RC) drilling program currently underway at the company’s Cue project in the Murchison District of Western Australia.

Musgrave Minerals is drilling to test 10 new high-priority gold targets at the Cue project with the latest results coming from the Lake Austin North gold target returning thick intervals of gold mineralisation in regolith over two wide zones (A Zone and B Zone).

The two parallel, mineralised gold targets have returned multiple thick gold intersections including:

18MOAC075
13 metres at 4.3 grams per tonne gold from 120m, including 7m at 7.1g/t gold from 126m to end of hole;

18MOAC077
42m at 1g/t gold from 112m to end of hole, including 18m at 1.9g/t gold from 130m;

18MOAC072
33m at 1.2g/t gold from 116m to end of hole, including 12m at 2.6g/t gold from 134m;

18MOAC074
60m at 0.67g/t gold from 90m including, 18m at 1.6g/t gold from 126m; and

18MOAC076
42m at 0.59g/t gold from 90m, including 6m at 2.1g/t gold from 120m;

The A Zone is situated on what the company considers a highly prospective sheared granodiorite-mafic contact in a similar geological setting to that seen at the Granny Smith gold deposit in the Eastern Yilgarn of Western Australia.

“This is a fantastic result and the thick extensive regolith gold intercepts in A Zone show a significant gold system is present at Lake Austin North,” Musgrave Minerals managing director Rob Waugh said in the company’s announcement to the Australian Securities Exchange.

“The high grades intercepted in 18MOAC075 are also open to the south and show the potential for a high-grade primary source in unweathered rock.

“The A Zone mineralisation is still open in multiple directions where drilling is continuing.

“As part of this regional program, new gold mineralisation has now been identified at the Lake Austin North, Joshua, Lena North and Break of Day North targets.

“The results received to date reinforce the potential of the Cue project to host further high-grade gold deposits within this very prospective and well-endowed region with good infrastructure and numerous operating gold plants.”

 

Email: info@musgraveminerals.com.au

Website: www.musgraveminerals.com.au

 

Metalicity Identifies New Greenbushes Lithium Targets

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THE DRILL SERGEANT: Metalicity (ASX: MCT) announced the identification of two extensive lithium target areas and several point anomalies at the company’s 100 per cent-owned Greenbushes North lithium project, along strike from the world class Greenbushes lithium deposit in the South West of Western Australia.

Metalicity recently undertook activities involving geochemical sampling methodology that was designed and employed based on previous successful laterite sampling programs.

The company declared the program had confirmed the technique is appropriate to discover lithium and tantalum bearing pegmatites in laterite-covered areas at the world class Greenbushes lithium deposit.

The geochemical sampling program at Greenbushes North covered an area of around 132 square kilometres and highlighted two priority lithium target areas which may indicate buried LCT type pegmatites.

“The exploration program has identified important criteria for the discovery of buried LCT-type lithium pegmatites similar to those which host the world class Greenbushes deposit,” Metalicity managing director Matt Gauci said in the company’s announcement to the Australian Securities Exchange.

“Firstly, the sampling methodology used identified two significant lithium index anomalies and secondly the clustering of these anomalies located over the same fault zone which controls the Greenbushes deposit.

“The anomalies cover an extensive total area of approximately 30 square kilometres and exploration teams are being mobilised to progress work programs at these new prospects.”

 

Website: www.metallicity.com.au

 

Blackham Resources Extends Golden Age High-Grades

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THE DRILL SERGEANT: Blackham Resources (ASX: BLK) announced drilling at the company’s high-grade free milling Golden Age orebody has extended mineralisation beyond current mining areas.

Blackham Resources drilled 19 surface RC holes and 30 underground diamond holes throughout March to May focused on extensions to the Golden Age deposit.

Drilling of the Golden Age lower extensions encountered mineralisation 150 to 300 metres below the current mining levels:

GARD0033
6.9 metres at 15.5 grams per tonne gold; and

GARD0036
2m at 11.8 g/t gold.

Surface drilling at Golden Age North intersected high-grade shallower mineralisation amenable to both open pit and underground mining of:

WURC0577
2m at 28.3g/t gold from 75m 57;

WURC0583
6m at 7.97g/t gold from 106m and 1m at 6.14g/t gold 54;

WURC0579
8m at 5.82 g/t gold from 87m 47;

WURC0601
7m at 1.52 g/t gold from 12m and 14m at 1.26g/t gold 28;

WURC0567
7m at 2.97 g/t gold from 80m 21; and

WURC0575
4m at 4.24 g/t gold from 94m 17.

Infill drilling extended remnant mineralisation currently being mined, including:

GAGC0244
2.1m at 43.6g/t gold and 1.1m at 7.28g/t Au 97;

GAGC0243
6.5m at 8.88g/t gold and 2.8m at 5.81g/t Au 74;

GAGC0233
5.1m at 4.15g/t gold 21;

GAGC0238
1.1m at 17.4g/t gold 19; and

GAGC0241
2.1m at 7.87g/t gold 16.

Blackham Resources indicated the Golden Age drilling program is to be extended further with a view to both lengthening the mine plan and increasing the mining rate at Golden Age.

The free milling resources and reserves are currently being updated to incorporate recent Wiluna and Golden Age drilling results.

“Blackham is pleased to announce new drill results from our high-grade Golden Age orebody which have identified significant extensions to mineralisation within 200 metres of existing underground development,” Blackham Resources executive chairman Milan Jerkovic said in the company’s announcement to the Australian Securities Exchange.

“Based on the highly encouraging intercepts, planning has commenced for further drilling to better define the mineralised extensions and to support early underground development to provide additional high-grade ore to feed the Wiluna gold plant, which last quarter produced 20,631 ounces at AISC $1,092 per ounce.”

 

Email: info@blackhamresources.com.au

Website: www.blackhamresources.com.au

 

Aruma Resources Hit Gold in First Phase Three Hole

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THE DRILL SERGEANT: Aruma Resources (ASX: AAJ) has encountered sulphide mineralisation in the first hole of a Phase 3 drilling program currently underway at the company’s 100 per cent- owned Slate Dam gold project in the Eastern Goldfields of Western Australia.

Aruma Resources is undertaking a reverse circulation (RC) drilling program across a total of 25 holes with planned drilling depths of up to 150m.

The drilling has been designed to further expand the Slate Dam gold mineralised system, and to test for repetitions of mineralisation to the east and west of the current drill defined area.

Aruma informed the market that it completed 1,894m of drilling in 16 holes in the current program to date, which has delivered highly encouraging initial observations with sulphide-carbonate alteration, in the form of pyrite-ankerite, intersected over a 26m zone in the first hole (SDRC64) – and pyrite also identified in a further seven of the sixteen completed holes to date.

“The successful intersection of sulphide-carbonate in the first hole of our current drilling program at Slate Dam is most encouraging and is consistent with our model for the project to host a significant sediment-hosted gold system,” Aruma Resources managing director Peter Schwann said in the company’s announcement to the Australian Securities Exchange.

“The presence of strong pyrite in hole SDRC6 provides a strong indicator of gold mineralisation, and, subject to assay results, will provide further continuity of gold mineralisation through the system and also expand the mineralised system at Slate Dam – which was a key aim of this phase of drilling.”

 

Email: info@arumaresources.com

Website: www.arumaresources.com

 

Intermin Resources Delivers Further High-Grade Kalgoorlie Gold Hits

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THE DRILL SERGEANT: Intermin Resources (ASX: IRC) announced reverse circulation (RC) drilling results from the company’s 100 per cent-owned Teal gold project, northwest of Kalgoorlie-Boulder in Western Australia.

Intermin Resources has been conducting the ongoing 55,000m drilling program since February, which is focussed on new discoveries and resource extensions at the key Teal, Anthill and Blister Dam gold projects.

As part of the program, 20,000m of RC and diamond drilling was planned for the Teal project area to grow the current resource base and test new discovery targets the company identified in its 2017 drilling program.

To date, 131 holes have been completed at the Jacques Find and Yolande prospects returning high-grade downhole RC intercepts, including:

JFRC18048
10 metres at 6.7 grams per tonne gold from 60m, including 4m at 14.63g/t gold from 60m;

JFRC18136
8m at 5.88g/t gold, including 4m at 10.2g/t gold from 124m;

JFRC18095
8m at 5.28g/t gold from 64m, including 1m at 19.7g/t gold from 66m; and

JFRC18042
6m at 6.69g/t gold from 91m, including 1m at 33.4g/t gold from 92m.

Intermin said the drilling had extended Jacques Find to over 800m in strike length and linked it to the Yolande mineralisation to the north.

The drilling also encountered new mineralisation 400m north of Yolande and 250m west of the Teal mine.

Results also confirmed multiple lodes at Jacques Find with oxide and similar transitional gold mineralisation to Teal amenable to open pit development.

Intermin anticipates drilling at the Teal gold project area will be completed in June with two rigs moving to the Binduli gold project area before commencing a 14,000m program at the Anthill gold project, 45km northwest of Kalgoorlie on the Zuleika shear zone.

“The drilling results to date continue to deliver excellent width and grade and now demonstrate the continuity of the Jacques Find trend along 800 metres of strike length,” Intermin Resources managing director Jon Price said in the company’s announcement to the Australian Securities Exchange.

“Multiple parallel structures have now been identified providing significant potential for further resource growth.

“The company now looks forward to receiving all the drilling data from the Teal gold camp and compiling an updated resource for release in the September Quarter.

“The drill rigs now move on to the exciting Binduli and Anthill gold projects where we aim to grow our resources, add to our production profile and continue the search for Kalgoorlie’s next new gold discovery.”

 

Email: iadmin@intermin.com.au

Website: www.intermin.com.au