Pioneer Resources Confirms Caesium Mineralisation Continuity

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THE DRILL SERGEANT: Pioneer Resources (ASX: PIO) has been drilling at the company’s 100 per cent-held Pioneer Dome project in the Eastern Goldfields of Western Australia, which includes the Sinclair Zone caesium deposit.

Pioneer Resources completed a program of diamond-drilling to infill five sections with the strongest caesium mineralisation (in the form of the mineral pollucite) in preparation for final open pit mine design work.

Each of the key sections returned pollucite intersections in line with earlier modelling.

Caesium (Pollucite) intersections included:

PDD162
11.15m at 17.43 per cent caesium oxide (Cs2O) from 38.2m;

PDD166
5.7m at 29.61 per cent Cs2O from 37.7m;

PDD167
2.68m at 27.11 per cent Cs2O from 40.82m and 7.18m at 16.04 per cent Cs2O from 47.88m;

PDD170
7.45m at 16.58 per cent Cs2O from 43.6m; and

PDD174
4.3m at 20.89 per cent Cs2O from 43.5m.

Lithium mineralisation (petalite and lepidolite), occuring peripheral to the caesium mineralisation, included:

PDD161
25.02m at 2.14 per cent lithium oxide (Li2O) from 41.98m;

PDD163
16.43m at 2.27 per cent Li2O from 40.57m;

PDD164
16.1m at 2.64 per cent Li2O from 39.9m;

PDD168
16.5m at 1.75 per cent Li2O from 40.5m;

PDD173
26.7m at 1.82 per cent Li2O from 34.3m;

PDD175
23.1m at 1.94 per cent Li2O from 41.9m; and

PDD176
19m at 1.62 per cent Li2O from 38m.

The program totalled 20 drill holes and produced 1,333.29 metres of core.

Of these, 15 holes targeted caesium or lithium mineralisation with most holes intersecting potassium (microcline).

With lithium and caesium results to hand, Pioneer’s geological consultants from the Mitchell River Group are revising the Mineral Resource Estimate for caesium.

Potassium (microcline) samples, which require specialised processing, are currently being analysed, with results expected before the end of April.

The company said its open pit design and confirmation economic study are on track to be concluded by the end of May 2018.

Pioneer has the next pass of RC drilling underway, designed to test targets to the immediate north of the Sinclair Zone caesium deposit, principally targeting lithium minerals but also supplying information to enable future targeting for caesium.

“The Sinclair deposit is proving to be an exciting opportunity for the company as it moves towards its first mining operation,” Pioneer Resources managing director David Crook said in the company’s announcement to the Australian Securities Exchange.

“This round of drilling confirmed the continuity of the pollucite mineralisation, significantly de-risking the project from an ore supply perspective.

“The company is entirely focussed on advancing the Mine Plan (environmental) and Project Management Plan (safety) and moving towards production.”

 

Website: www.pioresources.com.au

 

Thundelarra Wraps up Garden Gully AC Drilling

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THE DRILL SERGEANT: Thundelarra (ASX: THX) reported the completion of an Air Core (AC) drilling program at the company’s Garden Gully project in the Murchison region of Western Australia.

Thundellara has submitted samples from the drilling for assaying.

The company said the objective of the AC program was to test for near-surface extensions of known mineralised structures and to provide geological data over zones that its initial interpretation suggested might host previously unrecognised structures with the potential to be mineralised.

The drilling consisted 274 AC holes drilled for 14,025m, including 20 AC traverses across seven prospects testing for near-surface extensions of mineralised structures.

Reverse Circulation (RC) and diamond drilling (DD) rigs are currently on site conducting follow-up drilling.

“When all assay results have been received and collated then the resultant geological interpretations will be reported to the market, together with any significant findings,” Thundelarra said in its ASX announcement.

“Our initial shallow scout drilling at Garden Gully, which began in mid-2016, aimed to identify targets below the transported cover.

“The approach proved very successful, delivering several new prospects that were previously unknown, with Lydia a prime example.

“Given the positive outcomes of that initial exploration, we remain confident that these recently-completed air core traverses will identify multiple additional targets for more detailed follow-up in subsequent programs.”

 

Email: info@thundelarra.com.au

Website: www.thundelarra.com.au

 

Aruma Resources Drilling at Slate Dam

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THE DRILL SERGEANT: Aruma Resources (ASX: AAJ) has commenced the second phase of drilling at the company’s 100 per cent-owned Slate Dam gold project in the Eastern Goldfields of Western Australia.

Aruma Resources informed the market that the drilling is progressing and to date has nine holes for a total of approximately 1,000 metres of Reverse Circulation (RC) drilling, out of a planned program of up to 30 holes for approximately 4,000 metres has been drilled.

“In line with our sediment-hosted gold model at the Slate Dam project, alteration and structure with stratigraphy are visible in drill chips from the current program, with fine grained pyrites evident in shales,” Aruma Resources said in its ASX announcement.

Aruma also announced the acquisition of Exploration Licence (EL) E25/526, in the southern region of the project.

The new EL comprises six blocks and covers an area of 19 square kilometres and hosts the historic Transville (and Mt Juglah) gold mines, which are reported to have historically produced 970 tonnes of gold ore at 26.7g/t gold for 25.76 kilograms of gold.

“The Slate Dam project now covers some 330 square kilometres of very prospective sediments situated on granite centres,” the company said.

“The leases are mostly granted and cover a strategic 330 square kilometres situated only 40 to 60 kilometres from Kalgoorlie.

“These leases contain over 60 kilometres of strike of the prospective beds that host Trojan and Majestic.

“Aruma’s exploration program has been designed to locate the mineralisation centres that will exist along these trends and potentially host several major centres capable of supporting mining operations.”

 

Email: info@arumaresources.com

Website: www.arumaresources.com

 

Intermin Resources Hits Immediate Results at Teal Gold Project

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

Intermin Resources is conducting the self-funded $4 million, 55,000 metres drilling program across its Kalgoorlie gold projects focussed on new discoveries and resource extensions at the key Teal, Anthill and Blister Dam projects.

As part of the program, 20,000m of RC and diamond drilling is planned for the Teal project area to grow the current Resource base and test new discovery targets identified by the company’s 2017 program.

Intermin has completed 31 holes of infill and extension drilling to date at the Jacques Find and Yolande prospects.

High-grade downhole RC intercepts at Jacques Find include:

JFRC18039
8m at 10.31 grams per tonne gold from 123m including 5m at 15.21g/t from gold 123m;

JFRC18026
8m at 5.7g/t gold from 64m;

JFRC18034
3m at 10.28g/t gold from 102m;

JFRC18038
6m at 4.72g/t gold from 54m and 6m at 4.34 g/t gold from 42m;

JFRC18008
5m at 1.26g/t gold from 36m and 8m at 1.60 g/t gold from 44m;

JFRC18037
9m at 1.69g/t gold from 34m; and

JFRC18028
5m at 1.81g/t gold from 53m.

The drilling has extended the Jacques Find strike length to over 500m intercepting new areas of hallow oxide gold mineralisation with mineralisation remaining open at depth and to the north.

High-grade downhole RC intercepts at Yolande include:

JFRC18010
37m at 2.16g/t gold from 90m including 12m at 2.51g/t gold from 90m;

JFRC18010
9m at 4.45g/t gold from 118m;

JFRC18011
7m at 2.12g/t gold from 145m; and

JFRC18011
3m at 2.79g/t gold from 124m and 1m at 5.6g/t gold from 136m.

Intermin said the results from Yolande demonstrate potential for multiple parallel structures as part of a large mineralised system across the Teal project area.

The company has drilling continuing with two RC rigs on site to complete the 20,000m Teal program in the June Quarter with further results expected in coming weeks.

Drilling at the Binduli and Anthill prospects is planned to commence in June with results expected in the September Quarter 2018.

“These latest drilling results further demonstrate the potential scale and quality within the Teal project area and certainly justifies the priority placed on this large mineralised system just 15 minutes’ drive from the city of Kalgoorlie-Boulder,” Intermin Resources managing director Jon Price said in the company’s announcement to the Australian Securities Exchange.

“The ongoing drilling program at Teal will test the full extent of this system to add free milling oxide to our production profile and determine the scale of the deeper, higher grade, primary sulphide mineralisation to enable assessment of future development options.”

 

Email: iadmin@intermin.com.au

Website: www.intermin.com.au

 

Calidus Resources Extends Klondyke Mineralisation

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THE DRILL SERGEANT: Calidus Resources (ASX: CAI) provided an update on drilling of 12 RC holes along a reconnaissance traverse directly East of the company’s Klondyke gold deposit, located in the Pilbara of Western Australia.

Calidus Resources claimed the broad-spaced RC drilling program had outlined the continuation of the main Klondyke mineralised shear zone up to two kilometres further East from where the current 654,000 ounce resource ends.

Assays from the latest RC holes above a 10gm include:

18KLRC095
16 metres at 2.34 grams per tonne gold from 136m;

18KLRC099
10m at 3.67g/t gold from 58m;

18KLRC095
7m at 4.58g/t gold from 175m;

18KLRC096
6m at 3.32g/t gold from 167m;

18KLRC104
13m at 1.24g/t gold from 104m; and

18KLRC104
2m at 5.44g/t gold from 39m.

“The Klondyke East maiden drilling campaign has confirmed that the main Klondyke Shear is proving up as a substantial gold system,” Calidus Resources managing director Dave Reeves said in the company’s announcement to the Australian Securities Exchange.

“Drilling has intersected outcropping gold mineralisation for over two kilometres from the eastern limit of the existing 2.6 kilometres long, 654,000 ounce resource.

“With deep drilling underway beneath the existing resource, the true scale of Klondyke is beginning to be revealed.

“Mapping of the shear to east of this shows a continuation of the host rock sequence for a further two kilometres along strike from this drilling.

“These results increase our confidence that with the extensional drilling planned this year, we will see a significant increase in defined resources at the Klondyke Prospect.”

Calidus has completed detailed field mapping and pXRF sampling that will allow the company to commence further infill and further extensional drilling in May.

The field work has also highlighted similar geology continues for a further 2km east of this drilling.

 

Website: www.calidus.com.au

 

Barra Resources Ready to Drill at Main Lode Gold Mine

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THE DRILL SERGEANT: Barra Resources (ASX: BAR) outlined its 2018 exploration program, which will commence with RC drilling at the company’s wholly-owned Burbanks gold project, southeast of Coolgardie in Western Australia.

Barra Resources has completed a geological assessment and strategic review of its gold portfolio which it indicated to have resulted in a comprehensive update to the company’s gold strategy.

“The updated gold strategy is based on an initial Exploration Target of 223,000 to 564,000 ounces of gold for Burbanks alone,” Barra Resources said in its ASX announcement.

“The potential quantity and grade of the Exploration Target is conceptual in nature as there has been insufficient exploration to estimate a Mineral Resource beyond Birthday Gift.

“It is uncertain if further exploration will result in an estimation of a Mineral Resource.”

Barra will kick off the drilling phase of its updated strategy with 4,000m of RC drilling at the high-priority Main Lode Gold Mine.

The Main Lode underground mine produced 146,000 tonnes at 18.3 grams per tonne gold for 85,900 ounces of gold to a depth of 240 metres below surface level between 1885 and 1914.

From 1946 to 1951, Western Mining Corporation accessed Level 8 at Main Lode and undertook extensive strike drive sampling, yielding a pay-run of 160m at 16.1g/t gold at an average width of 0.4m.

Drilling carried out by Barra in 2017 at Main Lode returned encouraging results, including:

11 metres at 5.70g/t gold from 44m;
5m at 9.62g/t gold from 33m;
5m at 8.65g/t gold from 37m;
5m at 3.70g/t gold from 44m; and
5m at 3.29g/t gold from 82m, including 2m at 6.77g/t gold from 82m.

“The 2017 program at Main Lode successfully defined a 400 metres long strongly mineralised zone along the Burbanks Shear to a depth of 70 metres below surface level, immediately adjacent to the historical mine workings,” Barra Resources said.

“This demonstrated the potential for significant resources to be delineated along strike and below the historic underground mining areas.

“Based on this history and results, Main Lode has been deservingly selected as the highest priority drilling target.”

Barra has approvals in place from the WA Mines Department and a drilling contractor ready to go.

The company explained drilling will focus on extending the strike of the existing mineralised zone from 400m to 800m by initially testing an additional 200m of strike extent to the north and south.

The 4,000m program also aims to increase the depth extent to 250m below surface level by testing the next 180m vertically below the 2017 program.

 

Email: info@barraresources.com.au

Website: www.barraresources.com.au

Alliance Resources Returns to Wilcherry for Diamond Drilling

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THE DRILL SERGEANT: Alliance Resources (ASX: AGS) has commenced regional diamond drilling for base metals at the Wilcherry project, along with Joint Venture partner Tyranna Resources (ASX: TYX).

The Wilcherry project is located within the southern part of the Gawler Craton in the northern Eyre Peninsula, South Australia.

“Our exploration objectives are twofold, (1) to access the economic potential of the high grade Weednanna gold prospect for development, and (2) to assess the regional potential for base metals,” Alliance Resources managing director Steve Johnston said in the company’s announcement to the Australian Securities Exchange.

“Should we make a base metals discovery, it has the potential to materially and positively impact the company’s value.

“In support of this, previous exploration suggests the project is highly prospective for gold, iron, tin, copper, zinc, lead and silver.”

Alliance Resources explained the drilling is expected to possibly take up to 12 weeks to complete on single shift, however, initial results are anticipated to start flowing through within four weeks from completion of the first hole.

During February, the JV completed ground moving loop electromagnetic (MLEM) surveys over the last of the heli-electromagnetic (HEM) target areas to better define those HEM conductors.

Fourteen MLEM targets were defined as follows:

Eight targets were RC drilled for 1,256 metres during February and March (results awaited); and

Six are planned to be drilled using a multipurpose rig capable of rotary mud pre-collars and triple tube diamond core tails for 1,960 metres.

In addition to the drilling above, hole 17EMRC006 at HP2 (North), drilled in late 2017, was abandoned at 162m due to broken ground and clay, yet intersected 3 metres at 0.4 per cent zinc from 159m to end of hole.

Alliance Resources said the diamond drilling will return to commence at the MLEM target HP2 (North) in the western part of the project area to test the zinc mineralisation, then move to HP2 (South) and the remainder of the MLEM targets.

 

Email: info@allianceresources.com.au

Website: www.allianceresources.com.au

 

Alliance Resources Hits Further High-Grade Gold at Weednanna

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THE DRILL SERGEANT: Alliance Resources (ASX: AGS) released provisional results for the fourth round of reverse circulation (RC) drilling undertaken at the Weednanna gold prospect, part of the Wilcherry Project Joint Venture between Alliance (67.35%) and Tyranna Resources (ASX: TYX) (32.65%).

Alliance Resources explained the RC drilling program was completed in March and was designed to define the geometry of Target 4 at the project.

Drilling consisted 19 holes testing Target 4 and three initial holes testing the new Target 5.

A total of 22 RC holes were drilled (18WDRC001-022) and preliminary results have been received for 17 holes.

Of these, 14 holes reported intercepts greater than one gram per tonne gold, with three holes returning >50g/t-m gold.

Alliance said the drilling at Weednanna Target 4 continued to return high-grade gold results, including:

18WDRC003
16 metres at 3.2g/t gold from 84m;

18WDRC005
12m at 10.2g/t gold from 92m, including 4m at 28.1g/t gold from 96m; and

18WDRC006
4m at 12.4g/t gold from 52m.

The drilling also confirmed a new Target 5 lode returning a best intercept of:

18WDRC016
8m at 2.2g/t gold from 164m.

“These latest results from drilling at Targets 4 and 5 indicate very robust gold intercepts and reinforces our view of Weednanna as a growing high-grade gold system that we are continuing to progress successfully with each round of drilling,” Alliance Resources managing director Steve Johnston said in the company’s announcement to the Australian Securities Exchange.

Alliance Resources followed up with the commencement of a high-resolution gravity survey at the Weednanna gold prospect, during which 2,550 stations will be surveyed, comprising 1,900 stations using a 25-metre grid over the central Weednanna area and 600 stations using a 50m grid elsewhere.

Alliance expects the high-resolution gravity survey at Weednanna and surrounds will assist with mapping the sub-surface geology, particularly the target corridors of calc-silicate and magnetite skarn that host high grade gold shoots.

The data will complement the existing airborne magnetic, induced polarisation and drilling datasets at Weednanna and will be utilised for constrained 3D inversion modelling to assist with targeting new gold lodes.

“Successful drill results have shown us that this deposit has high potential for economic development with what we’ve discovered so far,” Johnston said.

“This close-spaced gravity survey will provide a powerful targeting tool to help unlock the further potential of the high grade Weednanna gold system.”

 

Email: info@allianceresources.com.au

Website: www.allianceresources.com.au

 

Calidus Resources Produces Encouraging Metallurgical Results from Klondyke

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THE DRILL SERGEANT: Calidus Resources (ASX: CAI) released results of metallurgical testing carried out at the Klondyke project located at the company’s Warrawoona gold project in the Pilbara of Western Australia.

Calidus Resources said the metallurgical testwork results are consistent with the company’s expectations as it continues to advance the Warrawoona project towards a pre‐feasibility study.

The testwork produced highlights, including:

Excellent gold recovery characteristics with similar testwork response from oxide and fresh ores;

Greater than 96 per cent cyanide leach recoveries at relatively coarse grind (80% passing 150 microns) and 24‐hour leach;

High gravity recoverable gold of 63 per cent;

Exceptionally low reagent consumption (average sodium cyanide 0.17 kilograms per tonne, lime 0.74kg/t); and

Ore characteristics well suited to conventional crushing and ball milling.

“These metallurgical results position Calidus very favourably as we progress towards the commencement of the pre‐ feasibility study to evaluate the development options for the Klondyke project,” Calidus Resources managing director Dave Reeves said in the company’s announcement to the Australian Securities Exchange.

“Attractive resource grade, geometry well suited to open pit mining and simple ore processing with high gold recoveries and low reagent consumption could underpin Klondyke as a low operating cost mine in Western Australia.”

The Klondyke deposit forms part of the Warrawoona Gold Belt, which was the initial focus for Calidus, and hosts a current JORC resource of 654,000 ounces at 2.06 grams per tonne gold and forms part of the global resource 712,000 ounces at 2.12g/t gold.

 

Email: info@calidus.com.au

Website: www.calidus.com.au

 

Gold Road Kicks Off 2018 Yamarna Drilling Campaign

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THE DRILL SERGEANT: Gold Road Resources (ASX: GOR) has commenced the company’s $23 million 2018 greenfields exploration drilling campaign at Yamarna.

Gold Road Resources has turned the key on four drill rigs operated by Ranger Drilling and DDH1 Drilling across prioritised company projects.

Gold Road completed a systematic exploration targeting project over the summer period, from which it prioritised the upcoming drill program that is aimed at testing all the highest‐ranked prospects through 2018.

The company has allocated the majority of its 2018 budget ($17 million) to its 100 per cent-owned Yamarna tenements.

The drilling has commenced on targets the company considers to have the best chances of discovering multi‐million ounce gold deposits capable of supporting the development of stand‐alone gold mining operations.

Gold Road has allocated the remainder of the budget ($6 million) to exploration on the Gruyere Project Joint Venture (Gruyere JV), a 50:50 joint venture with Gold Fields Limited, where Gold Road as Manager is targeting additional high‐margin deposits to supplement the Gruyere Project Life of Mine schedule.

“Our Yamarna Exploration Team has done excellent work in planning a well‐structured drilling campaign for 2018,” Gold Road Resources executive director – exploration and growth Justin Osborne said in the company’s announcement to the Australian Securities Exchange.

“Incorporating the drilling data and new geological interpretations from 2017, and maintaining our strict quality focus, we have balanced practicality with the flexibility required for remote greenfields exploration, while maintaining our continued focus on quality drill targets.

“We will intersperse our main activities targeting new stand‐alone discoveries with programs focussed on important resource and reserve development to add high‐margin satellite feed to the Gruyere JV.

“With drilling underway, we are now looking forward to receiving our first assays for the year and continuing the development of the Yamarna Belt as Australia’s newest gold district.”

 

Email: perth@goldroad.com.au

Website: www.goldroad.com.au