St George Mining Identifies Four New Massive Sulphide Targets at Stricklands

THE DRILL SERGEANT: St George Mining (ASX: SGQ) has identified four new drill targets at the Stricklands prospect located within the Cathedrals Belt at the company’s Mt Alexander project in Western Australia.

St George Mining said the identification of the targets came from a recent FLEM SAMSON survey completed over the Cathedrals Belt that identified a very large EM anomaly, with a strike length over 170 metres, at the Stricklands prospect.

Drilling completed by St George at Stricklands in 2016, tested five discrete EM plates located within this large SAMSON EM anomaly were tested with all five drill holes intersecting massive nickel-copper sulphides.

Subsequent downhole EM (DHEM) surveys of the drill holes completed in 2016 detected further EM responses consistent with massive nickel-copper sulphides.

These DHEM anomalies are within the larger EM anomaly confirmed by the latest FLEM SAMSON survey.

Four EM plates have been modelled at Stricklands and will be drilled in an upcoming diamond drill program.

St George expects the drilling of these targets will establish the potential extension of the mineralisation already intersected at Stricklands as well as testing the geological continuity within the large prospect area.

“Our drilling at Stricklands in 2016 confirmed the presence of recurrent high grade mineralisation over a strike length of 150 metres,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.

“The new drill targets offer an excellent opportunity to extend the known mineralisation here.

“With high-grade nickel-copper sulphides at Stricklands intersected at just 50 metres from surface, more drilling success could see this prospect emerge as a priority area for a potential resource.”

Website: www.stgm.com.au

Encounter Resources Identifies Reef-Style Gold at East Thomson’s Dome

THE DRILL SERGEANT: Encounter Resources (ASX: ENR) has identified the presence of high-grade, near surface gold mineralisation at the Fold Closure prospect during an ongoing review of historical exploration data from the recently acquired East Thomson’s Dome project in Western Australia.

Encounter Resources consider the East Thomson’s Dome project to be a high-quality exploration opportunity located just five kilometres from the major gold-copper mine at Telfer.

Encounter said that early results from the current review have identified areas that warrant immediate follow up exploration.

These include historical shallow exploration in the 1990s at the Fold Closure prospect, which discovered an area of near surface high-grade gold that outcrops on the fold axis of the East Thomson’s Dome.

The Fold Closure prospect is an area 600 metre by 500 metres located in the centre of the East Thomson’s project.

“The most recent drilling at East Thomson’s was conducted by Barrick in 2005 when two approximately 1000 metre deep diamond holes were completed with both holes returning encouraging intersections,” Enounter Resources said in its ASX announcement.

“Barrick’s DDH at the Fold Closure returned 3 metres at 8.2 grams per tonne gold from 243 metres in a quartz reef similar to the host of the gold mineralisation near surface.

“This intersection sits to the northwest of the high grade near surface gold and remains open in all directions.”

Encounter explained that upcoming exploration will focus on finding extensions to the high-grade reef style mineralisation at the Fold Closure and to assess how these near surface mineralised reefs fit into a potential larger mineral system.

This program will involve a series of RC drill traverses and some diamond drilling from surface to orientate the mineralised reefs.

A second focus will be to follow up the diamond hole drilled by Barrick that contained the above an intersection.

Drilling will seek to establish continuity of this quartz lode and will endeavour to identify the relationship between the quartz reef intersected in this drill hole and the high grade near surface reefs.

Website: www.enrl.com.au

Corazon Mining identifies strong EM Conductors at Lynn Lake

THE DRILL SERGEANT: Corazon Mining (ASX: CZN) announced results of a downhole electro-magnetic (DHEM) geophysical survey conducted on recently completed drilling within the Fraser Lake intrusive complex (FLC) at the company’s Lynn Lake nickel-copper-cobalt project in Canada.

Corazon Mining said the results from the DHEM survey of drill hole FLC-2017-002 indicate the presence of an off-hole, high CT (conductivity thickness) conductor with a strong response of more than 5,000 siemens, located 120 metres to the north-northeast of the hole.

Anomalous conductivity starts at about 340m below surface and extends down to at least 480m with late channel responses indicating very high CT values in excess of 10,000 siemens.

Corazon said a possible second conductive body was also observed at a shallower depth of about 250m down hole.

The DHEM data for this feature is in the process of analysis and interpretation.

Corazon explained the conductors identified are approximately 340m from the recently-announced massive sulphide identified in drill hole FLC-2017-003.

Although they have been interpreted to likely represent separate features, all are located within the same high-chargeability IP anomaly (the Matrix HCIP feature) targeted by Corazon’s drilling and are coincidental with a greater than 30m/s IP (induced polarisation) chargeability maxima within this zone.

“Based on the strength of the conductive anomalies, their interpreted depth, and the depth of massive sulphide intersected in drilling, the company has commenced a ground EM survey,” Corazon Mining said in its ASX announcement.

“This survey will cover the full extent of the targeted high-chargeability anomaly, attempting to better define potential massive magmatic sulphides at depth within this feature.”

Email: info@corazon.com.au

Website: www.corazon.com.au

Western Areas hits New High-Grade Zone at Odysseus North

THE DRILL SERGEANT: Western Areas (ASX: WSA) announced the intersection of a new massive sulphide zone, including two super high-grade results, immediately below the Odysseus North orebody at the Cosmos nickel complex.

Western Areas said the intersections were encountered 160 metres south of a high-grade Inferred Mineral Resource of 0.05 million tonnes at 11.6 per cent, which forms part of the Odysseus North orebody.

The company considers these intersections, when combined with results from geophysical surveys, represent a potential extension to the high-grade Resources at the broader Odysseus project.

Key highlights include:

WAD002A
Intersected massive sulphide comprising 2.6m at 12.6 per cent nickel, including 1.6m at 18 per cent nickel;

WAD002W1W1W1
Intersected massive sulphide comprising 5.3m at 15.2 per cent nickel, including 3.4m at 22 per cent nickel;

Down-hole electromagnetic (DHEM) surveys successfully completed in WAD002 identified two strong responses at downhole depths of 1,240m and 1,290m respectively.

The 1,240m response has been confirmed by drilling as being mineralised massive sulphide.

The drilling has demonstrated potential to extend existing high-grade Resources at Odysseus North.

“On acquiring Cosmos, we had the clear view that the true potential of the project, both for more nickel near existing known orebodies and for new discoveries in a wider regional setting, had not been adequately tested,” Western Areas managing director Dan Lougher, said in the company’s announcement to the Australian Securities exchange.

“We’ve begun testing this view which has resulted in both strong potential for adding more high grade Resources near Odysseus North and some very promising exploration hits at Neptune, as reported recently.

“Additionally, we expect to convert more quantified Mineral Resources at Odysseus North to a higher confidence category and enhance our understanding of this significant deposit.

“Cosmos is starting to deliver on the opportunities we believe exist at the project, and we look forward to continuing this progress throughout the year.”

Website: www.westernareas.com.au

S2 Resources Updates Baloo Mineral Resource Estimate

THE DRILL SERGEANT: S2 Resources (ASX: S2R) released a New Mineral Resource estimate for the Baloo gold deposit in Western Australia.

S2 Resources said the recent drilling at the Baloo gold deposit, located with the Polar Bear project was carried out down dip and down plunge of the previous limits of mineralisation.

The results have enabled the company to calculate a re-estimation of the Baloo Mineral Resource.

The revised Indicated and Inferred Mineral Resource estimate for the Baloo gold deposit comprises 4.22 million tonnes grading 2 grams per tonne gold for a contained 264,000 ounces of gold at a lower cut-off grade of 0.8g/t gold.

S2 Resources said this is a 115 per cent increase in contained gold from the previous resource estimate at the same lower cutoff grade.

S2 Resources explained that nearly all of the increase in the Baloo Mineral Resource estimate comprises Inferred category material as it has been based on recent broad-spaced deeper drilling undertaken down dip from the previous resource limit.

“This drilling has identified a consistent zone of mineralisation which dips steeply to the east and plunges moderately to the south, and is relatively thick (up to 14 metres true thickness),” S2 Resources said in its ASX announcement.

“Mineralisation remains open both down dip and down plunge beneath the limits of this drilling, and on the basis of the deepest drilling to date, appears to be thicker at depth.”

Email: admin@s2resources.com.au

Website: www.s2resources.com.au

Latitude Consolidated Identifies New Gold Targets at Mt Ida

THE DRILL SERGEANT: Latitude Consolidated (ASX: LCD) has identified new gold exploration targets, it considers to be highly prospective, located on recently acquired joint venture ground within the Mt Ida district of Western Australia.

Latitude Consolidated said the targets were identified during a recent technical exploration review and include prospects with historical ore grade intercepts, extensive historical workings and prospective geological structures.

The company has now prioritised several of the prospects for immediate follow-up work and drilling, and will be drill tested as part of the major upcoming exploration program at Mt Ida, which set to commence next month.

The highest priority regional targets were verified from a recent field trip and include a number of prospects that lie on or in very close proximity to the Ballard Fault – namely, the Golden Ridge, Golden Ridge North and Wedgetail prospects.

The has put the Shephard’s Bush prospect at the top of Latitude’s list of priorities as it considers this to be an important area due to its strategic location just two kilometres south of the company’s Spotted Dog South gold resource.

Previous drilling at this prospect returned wide low-grade intercepts from within the weathered profile of the banded iron unit and associated sediments.

“We are encouraged by the discovery of these significant and highly prospective new targets, which further validated its decision to become a major player within the Mt Ida district,” Latitude Consolidated chief executive officer Michael Edwards said in the company’s announcement to the Australian Securities Exchange.

“It has become abundantly clear after just a few months of concerted exploration activity and reviews just how under-explored this region is.”

Email: info@latitudeconsolidated.com.au

Website: www.latitudeconsolidated.com.au

Kin Mining Boosts LGP with High-Grade Kyte Drill Results

THE DRILL SERGEANT: Kin Mining (ASX: KIN) reported high-grade near surface drilling results achieved at the Kyte deposit on the company’s Leonora gold project in Western Australia.

Kin Mining said the results were from both inside and outside the planned open pit at Kyte and when combined with the free-digging, low strip ratio nature of the deposit, highlight its potential to be an early source of high-margin mill feed for the project.

The results include:


KY17RC010

6 metres at 8.8 grams per tonne gold from surface, including 4m at 12.3g/t gold with 1m at 19.3g/t gold and 8m at 1.5g/t gold from 17m;


KY17RC015

21m at 2.3g/t gold from 11m, including 8m at 4.4g/t gold, including 3m at 7.4g/t gold;


KY17RC029

15m at 2.6g/t gold from 4m, including 3m at 6.7g/t gold and 1m at 15.2g/t gold; and


KY17RC045

10m at 3.4 g/t gold from 10m, including 2m at 12.2 g/t gold.

The Kyte results follow recent in-fill and extensional drilling results Kin reported from the Mertons Reward and Mertondale 3-4 deposits at the Leonora gold project.

The Kyte deposit is part of the greater Resource at Cardinia which currently stands at 4.86 million tonnes at 1.3g/t gold for 192,000 ounces of gold.

Kin explained it has closed-down the drill spacing by drilling between existing sections with a Reverse Circulation (RC) drill rig, adding that the latest drilling at Kyte was designed to convert Inferred Resources into the higher confidence Indicated Resource category.

The drill rig has now moved to the nearby Rangoon deposit where further infill drilling will continue as part of a Definitive Feasibility Study, which is set to be completed in mid-2017.

“These shallow, high-grade results within the free-digging Kyte open pit have exceeded our expectations,” Kin Mining chief executive Don Harper said in the company’s announcement to the Australian Securities Exchange.

“In light of these results, Kyte may be scheduled to be mined earlier in the mine plan than previously anticipated, leading to earlier and increased revenue generation.”

Email: info@kinmining.com.au

Website: www.kinmining.com.au

St George Mining Identifies New Targets at Mt Alexander

THE DRILL SERGEANT: St George Mining (ASX: SGQ) announced results of a FLEM SAMSON survey completed over the Cathedrals Belt at the company’s Mt Alexander project in Western Australia.

St George Mining explained the FLEM SAMSON survey focused on two sections of the Cathedrals Belt with the first surveyed being the western section of the Belt where drilling by St George has already discovered massive nickel‐copper sulphides at the Investigators, Stricklands and Cathedrals prospects.

Several new EM conductors were detected in this section of the Belt.

St George said the FLEM SAMSON data had also confirmed a few untested downhole EM (DHEM) conductors identified by drill holes completed at Investigators, Stricklands and Cathedrals in 2016, which hold similar geophysical properties to the massive nickel‐copper sulphides already intersected at these prospects.

The new conductors are along strike or down dip to known mineralisation and in most cases are below the depth of detection of previous reconnaissance moving loop electromagnetic (MLEM) surveys.

“The EM responses in the high-powered SAMSON survey were dazzling, reflecting what we believe are more high grade nickel‐copper sulphides in the Cathedrals Belt,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.

“SAMSON’s success in identifying additional conductive bodies in the Cathedrals Belt strongly suggests that the nickel‐copper sulphide mineralisation in the Belt is even more extensive than previous EM surveys had indicated.

“These new targets provide an opportunity to make further discoveries of high‐grade mineralisation in the Cathedrals Belt with increasing potential for establishing continuity in some areas of mineralisation.

“We are excited to be starting the drill program in a few weeks as we continue along the path of establishing a resource base at Mt Alexander.”

The FLEM SAMSON survey also ran its eye over a recently interpreted eastern extension of the Cathedrals Belt, which has never been explored.

EM anomalies were detected in this section of the Belt, with three anomalies warranting follow‐up MLEM surveys to better constrain the targets prior to any drill testing.

These MLEM surveys are planned between February to April 2017 while a drill program is scheduled to commence in early March 2017 to test the new EM conductors.

Drilling will also include extensional drilling at some of the areas of known mineralisation.

Website: www.stgm.com.au

Pioneer Resources hits 18m of Spodumene-Bearing Pegmatite at Mavis

THE DRILL SERGEANT: Pioneer Resources (ASX: PIO) reported further developments from the first hole of a program of oriented diamond core drilling at the company’s Mavis Lake lithium project, in Ontario, Canada.

Following on from a release earlier in the week, Pioneer released a qualified statement claiming the first drill hole, MF-17-39, has intersected 18 metres of spodumene-bearing pegmatite between 79.9m and 97.9m down-hole.

Pioneer said the intersected spodumene zone is described as having broken crystals, with the largest spodumene crystal parallel to the core axis measuring approximately 45cm in length.

Pioneer explained that hole MF-17-39 was designed to intersect the high-grade lithium pegmatite in the vicinity of the historic intersections, down dip from where Pegmatite 6 is observed in outcrop at surface.

The objective was to drill from an oblique angle to historic drilling to assist in determining the attitude of Pegmatite 6 at depth.

A second drill hole, MF-17-40, is currently drilling ahead, located at the same setup point as MF-17-39, but with an azimuth of 40 degrees the hole is designed to intersect Pegmatite 6 at a greater depth.

Pioneer hapoes this will provide additional data to assist in determining the geometry, through triangulation, of the spodumene-bearing pegmatite intersected by previous drilling.

“Pioneer will continue to update the market about the progress of drilling at Mavis Lake as the program advances,” Pioneer Resources said in its ASX announcement.

“Drilling is expected to take up to 30 days to complete and assay results are expected to be available by the end of March 2017.”

Website: www.pioresources.com.au

Pioneer Commences Canadian Lithium Drilling

THE DRILL SERGEANT: Pioneer Resources (ASX: PIO) and its strategic partner International Lithium Corp. (TSXV: ILC.V) has commenced a maiden drill program at the Mavis Lake lithium project in the province of Ontario, Canada.

Pioneer Resources said the drilling had started last week, having been postpone fronm Decemeber due to adverse weather conditions.

The company said its geological consultant has already informed it that a spodumene-bearing pegmatite has been intersected early in the first hole – above the drill target depth of 120m.

Pioneer said the 2017 winter program of oriented diamond core drilling has been designed to test for extensions to known spodumene-bearing pegmatites.

“The targets to be drilled are based on drilling by earlier explorers, including ILC in 2011 and 2012, updated with information gained from the Joint Venture’s 2016 field work, which included ground magnetometer surveys, mapping and litho-geochemical rock sampling programs,” Pioneer Resources said in its ASX announcement.

Drilling has commenced on a pegmatite outcrop designated PEG006.

According to Pioneer, by the end of the first shift drill hole MF-17-39 had intersected a narrow, approximately two-metre wide, spodumene-bearing pegmatite at 48.9 metres.

This is well above the targeted depth of 120m.

Pioneer indicated that pegmatite 6.5 will also be drilled.

This is a new target located 250m east of pegmatite 6, which was identified during the 2016 field season by its strong litho-geochemical signature.

Website: www.pioresources.com.au