THE DRILL SERGEANT: St George Mining (ASX: SGQ) is undertaking a reconnaissance gold drill program at the company’s 100 per cent-owned East Laverton project in Western Australia.

St George Mining said the drill program is testing hydrothermal gold targets that include established gold prospects as well as new targets that were generated by a comprehensive review completed by external expert Dr Walter Witt earlier this year.

These targets are part of a portfolio of gold targets across the extensive greenstone belts within the 2,000 square kilometre East Laverton project.

St George reported that the drilling has demonstrated extensive hydrothermal alteration across the East Laverton project area, which the company believes is indicative of the presence of a larger hydrothermal cell, consistent with the fundamental structures that appear to also control the earlier nickel sulphide mineralisation within the project area.

A number of drill holes encountered widespread hydrothermal alteration, late felsic porphyry intrusives and dolerites, and sulphide mineralisation.

St George considers the presence of large hydrothermal systems to be encouraging for the potential of gold mineralisation.

“The gold drill program has identified a large hydrothermal system at East Laverton, and assays received to date have already confirmed zones of significant gold anomalism at Cambridge and Cambridge North,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.

“Assays for the remaining targets are pending.”

St George declared the Phase 1 of its 2017 gold drill program has now concluded with a total of 115 RC drill holes completed.

The final targets drilled in the program were at Desert Dragon, Green Dragon and Athena.

“These targets have strong gold prospectivity recognised from soil surveys and shallow drilling,” Prineas continued.

“The current drill program will assess if this gold anomalism is associated with primary gold mineralisation.”

Email: info@stgm.com.au

Website: www.stgm.com.au

THE DRILL SERGEANT: Silver City Minerals (ASX: SCI) informed the market that a drilling program is scheduled to commence next week on the company’s high-grade Copper Blow project, located approximately 20 kilometres south of Broken Hill.

Silver City Minerals said the drilling is to include both reverse circulation (RC) and diamond drilling (DD) and total approximately 2,600 metres.

“The mineralised target zone hosting multiple copper-gold lenses intersected in historical drilling and old workings extends for over one kilometre and is 80 metres to 120 metres wide,” Silver City Minerals explained in its ASX announcement.

“The mineralisation is associated with magnetite and correlates with a linear magnetic anomaly.

“This linear magnetic feature extends for a further three kilometres along strike to the north east mostly under alluvial cover and is untested.”

Following a review of historic drill data, Silver City completed rock chip sampling from surface exposures and old mine dumps, which it claims has confirmed that the copper-gold mineralisation has high levels of silver, cobalt, rare earths and molybdenum that are typical of Iron Oxide Copper Gold deposits such as Olympic Dam, Prominent Hill and Carrapateena.

A recent capital raising resulted in the company having cash reserves of approximately $1.5 million so with its share of the cost of the current drilling program expected to be around $350,000 the company have other funds available for immediate follow up programs.

The Copper Blow project is a contributing Joint Venture between Silver City (75%) and CBH Resources (25%).

CBH operates the Rasp Mine and base metal processing facility at Broken Hill.

Email: info@silvercityminerals.com.au

Website: www.silvercityminerals.com.au

THE DRILL SERGEANT: Red Metal (ASX: RDM) announced its Joint Venture partner, Chinova Resources has initiated drilling on the Emu Creek JV in Queensland.

Red Metal said the current program aims to drill test three separate electromagnetic conductors on the Little Sandy Creek project located within nune kilometres of Chinova’s Osborne copper and gold mine.

“All three conductors are blind to surface but gossanous rock chip, rock float or soil samples collected directly above the modelled targets record anomalous levels of copper and associated trace elements which is encouraging,” Red Metal said in its ASX announcement.

“The largest of the conductors (LSD_Shear) is about one kilometre long and models at about 200 metres below surface.

“It is situated along the broad north northeast trending structural corridor that hosts the Osborne and Kulthor deposits.”

Red Metal’s Emu Creek farm-in agreement with Chinova Resources covers a series of geophysical and structural copper-gold targets located within trucking distance of the Osborne mine.

Under the agreement Red Metal can maintain the right to 30 per cent of any discovery.

Email: info@redmetal.com.au

Website: www.redmetal.com.au

THE DRILL SERGEANT: Geopacific Resources (ASX: GPR) announced results from ongoing development drilling at the Kulumadau deposit of the company’s Woodlark gold project, east of Port Moresby in the Milne Bay Province of PNG.

The Woodlark project is a joint venture with Kula Gold (ASX: KGD).

Geopacific Resources said the drilling has continued to encounter broad widths of high-grade gold mineralisation from shallow depths at Kulumadau.

The current development drilling at Kulumadau has targeted inferred resources both in and near the 2012 pit designs, as well as modelled extensions to mineralisation charged with the task of increasing the JV’s confidence in the current resource inventory for potential inclusion in future reserve calculations.

The drilling identified an 84 metre-wide zone of mineralisation over numerous intercepts in hole KU17RD047 including:

10 metres at 7.84 grams per tonne gold from 53m;

13m at 3.11g/t gold from 82m; and

12.3m at 2.23g/t gold from 137.7m.

A 50m-wide zone of mineralisation over numerous intercepts was also encountered in hole KU17DD016 including:

4m at 2.32g/t gold from 219m;

18m at 3.39g/t gold from 229m; and

13m at 1.68g/t gold from 256m.

“Delivering a robust feasibility on Woodlark remains our focus,” Geopacific Resources managing director Ron Heeks said in the company’s announcement to the Australian Securities Exchange.

“The success of these results continues to validate our strategy to deliver Woodlark into production, after which we will turn our attention to unlocking the significant exploration potential of the project.”

Geopacific highlighted the continued drilling success outside the current resource inventory, saying it highlights the inherent prospectivity of the Woodlark gold project.

Email: info@geopacific.com.au

Website: www.geopacific.com.au

THE DRILL SERGEANT: Metals X (ASX: MLX) reported the outcome of the first step-out drill hole undertaken one kilometre down plunge of the current Nifty orebody at the company’s 100 per cent-owned operation in Western Australia.

Metals X claimed the drilling intercepted multiple mineralisation zones over 30 metres.

The company explained that the first hole was aimed at confirming the mine sequence stratigraphy as interpreted by the recent geophysics.

Metals X said the drilling has confirmed both the stratigraphy and has intercepted copper mineralisation in what it considers to be the same mineralised limb currently being mined at Nifty.

Multiple zones of copper mineralisation in 17NNMD001 have been intersected 30m downhole with higher grade zones including:

10.95 metres at 1.12 per cent copper from 531.47m, including 4.34m at 1.5 per cent copper from 538.08m; and

3.56m at 1.73 per cent copper from 548.44m, including 2.23m at 2.15 per cent copper from 548.44m.

Metals X’s objective for the current drilling program is to step out and test the position of mineralisation down-plunge of the current mining areas.

The location of the completed drillhole is approximately one kilometre east of the current mine workings, 700m from the defined area of mineralisation and remains relatively shallow.

This first hole did what was expected and intersected the northern limb of the Nifty Syncline.

A further hole will be drilled to target the syncline keel which is the key mineralised area of the Nifty ore system.

“This is an exceptional and exciting result for Metals X as it clearly shows that mineralisation of Nifty continues down plunge well beyond the current orebody, further demonstrating our expectations that Nifty will become a very large long-life mine,” Metals X managing director Warren Hallam said in the company’s announcement to the Australian Securities Exchange.

Email: reception@metalsx.com.au

Website: www.metalsx.com.au