Plymouth Minerals confirms potash mineralisation from historic drilling

THE DRILL SERGEANT: Plymouth Minerals (ASX: PLH) has acquired historical the drilling results for six oil exploration wells –  BATC-1 and five others – oil exploration wells within the company’s Banio project, a potash deposit located in the Congo Basin, on the coast of Gabon.

Plymouth Minerals explained the acquisition was part of its ongoing research into historical exploration activities at the Banio project.

The company explained its initial interpretation of the historical drilling data identified the shallowest salt sequence identified within the Banio project, and that potash mineralisation is interbedded within the salt sequence of the Congo Basin and within the Banio project.

Salt commences from depths of as shallow as 240 metres below surface with potash identified from 270m below surface.

Plymouth believes that, based on the data, there could be a high probability of a repeat style of potash mineralisation as seen elsewhere in the Congo Basin to the south also exists in Banio as it has identified a high degree of correlation over a 100km strike in the Basin.

The company said the acquired information is highly important to ongoing work at Banio and will guide the final planning of drilling locations and depths.

Plymouth recently announced a drilling program and the drill rigs are being mobilised to Gabon to test these targets.

Within the Banio Project tenement, all historical holes have provided evidence of extensive potash mineralisation.

“The acquisition of this high quality historical drilling data together with further detail on existing data, has substantially increased the prospective mineralised footprint of our Banio potash project and provided a number of outstanding near surface targets,” Plymouth Minerals managing director Dr Eric Lilford said in the company’s announcement to the Australian Securities Exchange.

“As a precursor to drilling this recently acquired historical data will be interpreted by an industry leading independent party to provide a Potash Exploration Target for the Banio potash project over the coming weeks.”

Website: www.plymouthminerals.com

Capricorn Metals expands Bibra drilling program

THE DRILL SERGEANT: Capricorn Metals (ASX: CMM) informed the market it has expanded a resource in-fill drilling program currently underway at the company’s 100 per cent-owned Karlawinda gold project near Newman in Western Australia.

Capricorn Metals explained the decision to expand the program was taken after recent drilling had confirmed the scale, quality and continuous nature of the mineralisation at the project’s Bibra deposit.

Capricorn Metals said the results it has received to date match expectations and, importantly, consolidate the high-grade domains within the deposit.

Recent results from one of these high-grade domains on Section 200100mN include:

KBRC412
33 metres at 1.45 grams per tonne gold from 23m, including 5m at 4.03g/t gold;

KBRC092
58m at 1.44g/t gold from 58m, including 9m at 3.5g/t gold;

KBRC393

46m at 1g/t gold from 89m, including 18m at 1.74g/t gold;

KBRC394
54m at 1.09g/t gold from 87m, including 12m at 2.6g/t gold;

KBRC395
42m at 1.03g/t gold from 112m, including 6m at 2.9g/t gold; and

KBRC396
47m at 1.27g/t gold from 129m, including 20m at 3.1g/t gold.

Capricorn said the in-fill program had demonstrated the Bibra Deposit is a highly continuous, large-scale open pit mining opportunity, which will underpin a Definitive Feasibility Study on the Karlawinda gold project due for completion in the second quarter of next year.

The company is using the current large resource drilling program as the cornerstone activity for the fast-tracked DFS to expand and upgrade the classification of the Bibra Inferred Resource, which currently stands at 25.5 million tonnes at 1.1g/t gold for 914,000 ounces of gold.

“The results have so far more than matched our expectations, highlighting the continuity of the deposit both in terms of geometry and gold grade,” Capricorn Metals managing director Peter Thompson said in the company’s announcement to the Australian Securities Exchange.

“Of particular note with the latest results is that the higher grade zones are becoming more cohesive and consistent – and they will now be domained and modelled separately within the overall Mineral Resource model.

“The near-surface laterite zone, which includes some of the highest grades seen at Bibra – all within 20 metres of the surface – is proving to be uniform and consistent.

“The saprolite-transition zone is also firming up, with consistent in-fill results.

“These two zones could prove to be strategically important – generating high-grade ounces in the early stages of the mine plan.

“We have decided to expand the drilling program to tighten up the drill spacing in these strategically important high-grade zones, while also providing the opportunity to further delineate the new discoveries at Portrush and Southern Corridor for inclusion in the overall resource estimate.

“We look forward to the completion of in-fill drilling during November and the resulting impact on the Bibra resource estimate.

“This will provide a strong foundation to the DFS and puts us firmly on track to develop a significant new mid-tier gold project next year.”

Email: enquiries@capmetals.com.au

Website: www.capmetals.com.au

Cassini Resources commences West Musgrave drilling with OZ Minerals

THE DRILL SERGEANT: Cassini Resources (ASX: CZI) has commenced drilling at the West Musgrave project, located in Western Australia, as part of the company’s Earn-in/JV Agreement with OZ Minerals (ASX: OZL).

Cassini Resources informed the market that diamond drilling has commenced at the Babylon prospect, located at the western end of the Succoth copper deposit, which the company considers to have potential to host massive sulphides and in particular, nickel sulphides, beneath the existing copper-dominant resource.

Cassini said the drilling at Babylon is expected to take between two to three weeks to complete before the rig will be mobilised to the Nebo-Babel deposit to complete several large diameter drill holes to collect metallurgical samples for test work.

An additional drill hole to test an off-hole conductor at the One Tree Hill prospect will round-off the program.

This is anticipated to commence in early December.

“The drill hole at Babylon will target a wide intersection of the interpreted sub-vertical mineralised zone for a further 260 metres to 350 metres below the current maximum depth of downhole electromagnetic investigation, and 230 metres to 590 metres vertically below the mineralisation intersected in hole WMN4023 (1.96 per cent nickel, 0.13 per cent copper, 1.2 grams per tonne Pt+Pd),” Cassini Resources said in its ASX announcement.

“This mineralisation occurs as massive sulphide xenoliths that have been remobilized in a late-stage dolerite dyke.”

Cassini indicated it would be spending the money it received through WA Government EIS funding worth up to $148,500 to off-set the direct drilling costs at Babylon.

Email: admin@cassiniresources.com.au

Website: www.cassiniresources.com.au

Gold Road adds growth potential by extending Attila mineralisation

THE DRILL SERGEANT: Gold Road Resources (ASX: GOR) has completed infill and extensional drilling at the Attila deposit, located approximately 27 kilometres south-west of the company’s 6.2 million ounce Gruyere gold project in Western Australia.

Gold Road Resources explained the latest drilling program to be part of a larger effort targeting high-margin gold deposits to supplement ore feed from the planned Gruyere open pit.

According to the company the drilling has confirmed extensions to mineralisation outside the existing 220,000 ounce Attila open pit Mineral Resource.

A program consisting twenty Reverse Circulation (RC) and nine diamond (DDH) holes infilled and extended continuous structurally controlled gold mineralisation over more than 1.5 kilometres of strike.

Results included:

16ATDD0006
9 metres at 4.3 grams per tonne gold from 130m, including 3.9m at 9.4g/t gold;

16ATDD0017
9m at 3.5g/t gold from 160m, including 1m at 25g/t gold;

16ATRC0015
8m at 2.2g/t gold from 75m; and

16ATRC0014
13m at 1.9g/t gold from 96m.

Gold Road indicated potentially economic mineralisation has been identified on the Main Shear, as well as Hangingwall and Footwall Structures, below and to the north of the 2015 open pit Mineral Resource, which is constrained within a $1,600 per ounce pit shell.

“Our first drilling at Attila in almost five years has identified significant zones of mineralisation within the current resource and at unexplored depths,” Gold Road Resources executive director – exploration & growth Justin Osborne said in the company’s announcement to the Australian Securities Exchange.

“The high-grade nature of some zones, and very thick intersections at lower grade in other areas, suggest we have significant potential to expand on our existing 220,000 ounce gold resource.

“Our team is now working on an update to allow us to assess the potential of the resource to contribute additional value to our recently completed Gruyere Feasibility Study.”

Email: perth@goldroad.com.au

Website: www.goldroad.com.au

Alloy Resources announces Horse Well JV drilling results

THE DRILL SERGEANT: Alloy Resources (ASX: AYR) informed the market that a program of air-core exploration drilling has been completed at the Horse Well gold project in the North Eastern Goldfields of Western Australia.

The Horse Well gold project is a Joint Venture with Doray Minerals (ASX: DRM), which as manager, advised Alloy Resources of the completion of the 28,000 metre air-core drilling program last week.

Alloy said the first phase of this program consisted approximately 72 holes that infill drilled to 200/100m x 100m around existing +100ppb gold anomalies at the Crack of Dawn South and Big Kahuna areas.

Drilling at Big Kahuna confirmed a broad 1.5km x 0.5km north-east trending area of strong supergene mineralisation through the Crack of Dawn granite, which the JV believes could represent a yet to be defined mineralised structure that also has some control on the Dusk til Dawn prospect gold mineralisation.

Better results returned from the drilling included:

4 metres at 0.55 grams per tonne gold from 36 metres downhole (mdh);

4m at 1.34g/t gold from 16mdh;

4m at 0.88g/t gold from 36mdh;

8m at 0.6g/t gold from 48mdh.

“This Big Kahuna trend had been evidenced from earlier drilling by Alloy and thereafter by the Joint Venture,” Alloy Resources said in its ASX announcement.

“A number of holes in granite within the trend north of Dusk til Dawn had gold mineralisation associated with sericite and pyrite alteration at the base of air-core holes which indicated a probable bedrock structure.

“This potential is now being enhanced by the emerging supergene mineralised trend.

“A further observation would be that the early Dusk til Dawn supergene air-core anomaly was very similar in tenor to these more recent results, and this fact gives added weight to the likelihood that a primary source potentially exists within the trend.

“Big Kahuna now becomes a target for future infill air-core and eventual RC drilling.”

A second phase of the drilling involved a large number of holes allocated to regional first pass drilling of an untested 7.5 kilometre section of the greenstone belt south of the Django prospect.

Alloy Resources said results from this second phase will be reported once all sample assays are to hand and the data has been compiled and interpreted.

The Horse Well Joint Venture comprises Doray Minerals (60%) and Alloy Resources (40%) and is completing a $2 million exploration program during 2016.

Email: info@alloyres.com

Website: www.alloyres.com

Blackham Resources extends mineralisation along strike at Matilda

THE DRILL SERGEANT: Blackham Resources (ASX: BLK) announce the latest results from resource infill and extension drilling at the company’s Matilda gold project in Western Australia.

Blackham Resources said the latest 53 RC holes to be drilled at the project have intersected extensions to mineralisation at the M6, M1/M5 and M3 deposits.

M6 extensions confirm mining potential of new resource area:


MARC0523

11m at 2.47 grams per tonne gold from 34m M6

MARC0538

12m at 1.77g/t gold from 93m M6


MARC0534

8m at 2.74g/t gold from 110m M6


MARC0533

5m at 4.46g/t gold from 92m and 2m at 2.67g/t gold from 112m M6

Drilling encountered extensions to higher grade shoots at M3 and identified shallow mineralisation between the M1 and M5 deposits:


MARC0511

21m at 3.24g/t gold from 92m M3


MARC0510

12m at 1.44g/t gold from 120m M3


MARC0488

7m at 3.06g/t gold from 25m M1/M5


MARC0497

4m at 5.44g/t gold from 42m M1/M5


MARC0501

14m at 1.41g/t gold from 12m M1/M5

“These latest results confirm extensions to the M6 and M3 deposits and have identified shallow zones of mineralisation between the M1 and M5 pits immediately east of the M3/M4 pit,” Blackham Resources said in its ASX announcement.

Recent drilling of the Matilda mine has grown the resource to 13.1 million tonnes at 1.7g/t gold for 721,000 ounces of gold with 61 per cent now in the Measured and Indicated Resource categories at 8 million tonnes at 1.8g/t gold for 460,000 ounces of gold.

Blackham Resources indicated a resource model update is underway to include these latest results.

Email: info@blackhamresources.com.au

Website: www.blackhamresources.com.au

Azure Minerals completes Resource drilling at Mesa de Plata

THE DRILL SERGEANT: Azure Minerals (ASX: AZS) has completed the final round of reverse circulation (RC) drilling on the company’s Mesa de Plata silver deposit in Mexico.

Azure Minerals said the results have confirmed excellent continuity of high-grade silver mineralisation by intersecting sizeable widths of mineralisation, some containing very high silver grades, including:

MDPC-068
9.1 metres at 884 grams per tonne silver from 21.3;

MDPC-069
13.7m at 518g/t silver from 18.3m;

MDPC-074

19.38m at 288g/t silver from 4.6m;

MDPC-106
22.9m at 250g/t silver from 137.m;

MDPC-107
45.7m at 442g/t silver from 1.5m; and

MDPC-108
9.1m at 1029g/t silver from7.6m.

Azure Minerals said the assays received from this infill drilling program confirmed the widths and grades the company had identified in earlier drilling programs, and corroborated the initial interpretation of the presence and continuity of the high-grade silver mineralisation at Mesa de Plata.

The company indicated the new information will enable the Mineral Resource estimate for the High Grade Zone to be upgraded from Indicated to Measured status.

Resource modelling is currently underway and Azure expects to release an updated Mineral Resource estimate prior to year’s end.

“I’m very pleased to announce the completion of the infill drilling program at Mesa de Plata and the commencement of an updated Mineral Resource estimate,” Azure Minerals managing director Tony Rovira said in the company’s announcement to the Australian Securities Exchange.

“Importantly, the results confirm the presence of thick zones of high-grade silver mineralisation, demonstrating strong continuity of width, grade and contained metal abundance, and substantiating interpretations from the earlier drilling.

“The new data will not only allow us to refine and improve our understanding of the silver deposit but will also increase our knowledge of the High Grade Zone and permit a resource upgrade of this zone, or a significant portion of it, to Measured status.

“The High Grade Zone presents a very attractive near-term development option and we’re currently investigating this possibility by undertaking feasibility study activities.”

Website: www.azureminerals.com.au

Corazon Mining identifies nickel-copper anomalies at Fraser Lake

THE DRILL SERGEANT: Corazon Mining (ASX: CZN) has completed a Soil Sampling Program at the company’s Lynn Lake nickel-copper-cobalt sulphide project in the central Canadian province of Manitoba.

Corazon Mining conducted the soil sampling within the Fraser Lake Complex (FLC) over Induced Polarisation (IP) anomalies defined by the company in July 2016.

According to the company the results from the sampling show present IP anomalies display similar characteristics to known mineralisation within the Lynn Lake Mining Centre, situated just five kilometres to the north.

“Preliminary results from soil sampling indicate anomalous values of nickel and copper correlating to defined geophysical trends and targets,” Corazon Mining said in its ASX announcement.

“There is a strong correlation between nickel and copper, supporting evidence for a magmatic sulphide source for these metals.”

Corazon indicated it was continuing to complete further analysis of the soil sampling results, whci it expects will assist in the identification of priority drill targets.

At this stage, at least eight of the priority IP targets to be pinpointed fall within geochemical trends the company has already identified.

The company explained that due to the nature of the terrain at FLC, access becomes difficult between seasons as the ground becomes either partially frozen or thawed.

The next period considered optimal for drilling will be in the northern winter, possibly January 2017.

Email: info@corazon.com.au

Website: www.corazon.com.au

Lithium Australia identifies lithium pegmatites at Lake Johnston

THE DRILL SERGEANT: Lithium Australia (ASX: LIT) has identified lithium mineralisation during reconnaissance exploration within the company’s Lake Johnston project, located 450 kilometres east of Perth in Western Australia.

Lithium Australia announced a consolidation of lithium rights at Lake Johnston in October, which includes lithium rights on two tenements held by Lefroy Exploration Limited (ASX: LEX) and close to Poseidon Nickel’s (ASX: POS) recently announced discoveries.

The newly-identified lithium mineralisation occurs within pegmatites, which emanate from nearby fertile granites and intrude the adjacent greenstone terrains along brittle failures.

Lithium Australia explained the configuration to be similar to a number of other WA pegmatite occurrences, including the recently discovered Earl Grey lithium deposit of Kidman Resources (ASX: KDR), which lies approximately 70km to the west of Lake Johnston.

Similar discoveries have also been reported in the area by Poseidon Nickel.

Lithium Australia has identified five lithium prospects to date, referred to as the Whitten, Bulldog, Boundary, Trackside, and Floyd prospects.

The company has examined pegmatites within and in close proximity to E63/1777, collecting some twenty-one rock-chip samples that have been submitted for assay.

According to Lithium Australia the pegmatites are lepidolite rich, but also contain a number of other lithium minerals, including zinnwaldite which, in some cases, contains high levels of caesium.

“Lake Johnston has the right geological environment to produce abundant lithium pegmatites – it has large, fertile granites, adjacent to country rocks that have the most prospective physical characteristics for pegmatite emplacement,” Lithium Australia managing director Adrian Griffin said in the company’s announcement to the Australian Securities Exchange.

“It is not surprising that our initial examination has revealed very prospective lithium pegmatites.”

Email: info@lithium-au.com

Website: www.lithium-au.com.au

Sayona Mining encounters wide hits of Canadian lithium

THE DRILL SERGEANT: Sayona Mining (ASX: SYA) released assay results from the first diamond drill holes carried out at the company’s Authier lithium project in Quebec, Canada.

The first two diamond drill holes intersected high-grade spodumene mineralisation, including:

Hole 1:
62 metres at 1.35 per cent lithium dioxide (Li2O) from a downhole depth of 12m, including 16m at 1.65 per cent Li2O from a downhole depth of 27m.

Hole 2:
49m at 1.18 per cent Li2O from a downhole depth of 50m (vertical depth of 30m), including 17m at 1.49 per cent Li2O from a downhole depth of 81m.

Sayona Mining explained the aim of the drilling program is to increase the size of the project’s current 9.12 million tonnes at 0.96 per cent Li20 for 87,302 tonnes of lithium resource and improve the confidence level of the JORC resource categories.

The first two drill holes were planned to test the geometry of the Authier pegmatite at shallow levels in the eastern sector and increase the resource category from indicated to measured.

The company said the drilling has intersected zones of spodumene mineralisation and extended the areas of known mineralisation, adding it considers the new drilling to hold potential to expand the size of the existing JORC Resource with mineralisation open in all directions.

Sayona highlighted the discovery of a second pegmatite body, located 400m north of the Authier pegmatite, which it said shows potential for discovering new pegmatites within the tenement package.

“The company is very encouraged by the widths and high-grade nature of the mineralisation intersected in the drilling,” Sayona Mining chief executive officer Corey Nolan said in ithe company’s announcement to the Australian Securities Exchange.

“The company believes the new drilling will have the potential to expand the size of the JORC resource at the completion of the program.

“The new resource will be incorporated into the pre-feasibility study which is currently underway.”

Email: info@sayonamining.com.au

Website: www.sayonamining.com.au