Middle Island review confirms underground target at Sandstone

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THE DRILL SERGEANT: Middle Island Resources (ASX: MDI) has completed re-sampling of diamond drill core from the Two Mile Hill (2MH) banded iron formation (BIF) at the company’s newly-acquired Sandstone gold project in Western Australia.

Middle Island said the review had confirmed broad widths of high-grade gold at the priority underground target.

New Middle Island results for the Two Mile Hill BIF comprise:

22 metres at 23.8g/t gold;
8m at 56g/t gold; and
5m at 26.5g/t gold.

The re-sampling involved a broader geological and geophysical review initiated by Middle Island to understand and refine Two Mile Hill’s underground potential prior to a September diamond core drilling program to extend the resource.

The company explained the review is in addition to Middle Island’s immediate plans to undertake a RC drilling program designed to upgrade open pit resources at the Two Mile Hill, Shillington and Shillington North deposits for inclusion in the pre-feasibility study (PFS).

“The current review confirms the Two Mile Hill BIF deposit as a very real, high value, readily accessible, underground target that could supplement the initial open pit operation, thereby significantly enhancing the grade, mine life and envisaged production profile at the Sandstone gold project,” Middle Island Resources managing director Rick Yeates said in the company’s announcement to the Australian Securities Exchange.

Email: admin@cassiniresources.com.au

Website: www.middleisland.com.au

Azure Minerals achieves high gold recoveries from Loma Bonita testwork

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THE DRILL SERGEANT: Azure Minerals (ASX: AZS) has received results of preliminary metallurgical testwork for the company’s Loma Bonita gold prospect in Mexico.

The work involved industry standard bottle roll tests, undertaken at the laboratories of Kappes, Cassiday and Associates in Reno, Nevada, USA.

The testwork focused on two different size fractions, comprising ground and particle sizes, which Azure explained, are being tested to simulate gold recoveries that might be expected to be achieved from conventional milling (eg carbon-in-pulp or carbon-in-leach processing) and heap leach gold processing, respectively.

Tests were conducted on 20 core samples (10 fine ground and 10 coarse crushed), collected and composited from diamond drill holes MDPD-007, MDPD-011, MDPD-012 and MDPD-016.

Gold recoveries of between 88 per cent and 97 per cent were achieved on the ground material, with an overall average recovery of greater than 93 per cent.

Tests on the crushed material achieved gold recoveries of between 42 per cent and 89 per cent, with an overall average recovery of more than 73 per cent.

“The discovery of gold at Loma Bonita in such close proximity to the company’s Mesa de Plata silver deposit was very exciting,” Azure Minerals managing director Tony Rovira said in the company’s announcement to the Australian Securities Exchange.

“These positive metallurgical test results are highly encouraging and indicate that Loma Bonita has the potential to add significant value to any future combined production with Mesa de Plata.

“We’re progressing this prospect as fast as we can with additional drilling underway to expand the current footprint of the mineralised zone and to provide additional samples for optimising the mineral processing route.”

Email: admin@azureminerals.com.au

Website: www.azureminerals.com.au

Musgrave Minerals identifies untested gold target

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THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) claims to have identified a new untested gold target named Purple Rain, located two kilometres south-west of the Break of Day high-grade gold prospect at the company’s Cue project in the Murchison region of Western Australia.

Musgrave said it identified the new target through analysis of historical data.

The review found two anomalous rotary air blast (RAB) drill holes approximately 25m apart to be highly anomalous in gold.

MRB1559 intersected 6 metres ta 3.25 grams per tonne gold from 28m down hole, including a high-grade zone of 2m at 8.02g/t gold from 29m down hole.

MRB1560, 25m to the south-east intersected 5m at 0.44g/t gold from 39m down hole, ending in mineralisation at 44m.

“This is another indication of the excellent gold potential of our Cue project,” Musgrave Minerals managing director Rob Waugh said in the company’s announcement to the Australian Securities Exchange.

“The historical intersection at Purple Rain is very similar in grade to that seen in the weathered zone at Break of Day.

“We look forward to being able to drill test this new target.”

Email: info@musgraveminerals.com.au

Website: www.musgraveminerals.com.au

MOD identifies new Botswana copper targets

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THE DRILL SERGEANT: MOD Resources (ASX: MOD) has identified a number of new copper anomalies in the Kalahari Copper Belt of Botswana.

The company said it had identified the anomalies from a regional soil sampling campaign.

The three regional targets of interest (T2, T9 and T10) are located north of the T3 deposit in the Kalahari Copper Belt, and form part of the Joint Venture between MOD Resources (70%) and AIM-listed Metal Tiger Plc (30%).

MOD explained the regional exploration program is in addition to ongoing resource drilling at T3.

MOD has two teams exploring for satellite deposits in the region surrounding T3 with one team testing IP and copper soil targets already identified along the 25km-long T3 Dome while the other conducts soil sampling along structural targets within the JV’s regional holdings.

The latest results identified two strong copper soil anomalies at T2, approximately 20km north of the T3 deposit and 3.5km west and 5.5km east of MOD’s high-grade Mahumo copper/silver deposit.

MOD said both anomalies comprise wide intervals of consistently high values up to 85ppm copper in the T2-West anomaly and up to 83ppm copper in the T2-East anomaly.

Two additional extensive copper soil anomalies were identified at T9 and T10, approximately 60km north of T3.

“The results of the soil sampling were very encouraging, particularly considering the high copper values in the two anomalies at T2,” MOD Resources managing director Julian Hanna said in the company’s announcement to the Australian Securities Exchange.

“Not only are the values notable, the T2 anomalies each extend over 1.5 kilometres and occur directly along strike from Mahumo.”

MOD’s interpretation of magnetic data is that both anomalies appear to be associated with folding of the prospective Mahumo contact on either side of the high-grade Mahumo deposit which remains open below current drilling.

RC drilling will test the T2-West and T2-East anomalies as soon as a rig is available.

Email: administrator@modresources.com.au

Website: www.modresources.com.au

Blackham drilling extends depth at Matilda

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

The company said the deeper drilling results, including 2 metres at 6.98 grams per tonne gold from 419m, confirm the high-grade Matilda mineralised system extends a further 250m down-plunge of previous high-rade drill intercepts, and remains open down plunge.

High-grade mineralisation at Matilda is now known to extend to greater than 400m vertical depth.

The drilling has extended higher grade shoots at M3, M4 and M10 pits and include:

MARC0433
4m at 7.94 grams per tonne gold from 69m and 3m at 9.44g/t gold from 104m M10;

MARC0439
4m at 5.75 g/t from 6m M10;

MARC0435
5m at 2.94 g/t from 37m and 2m at 6.35 g/t from 82m M10;

MARC0469
9m at 3.05 g/t from 133m, incl 2m at 6.57 g/t from 137m M3; and

MARC0465
16m at 2.31 g/t from 163m, incl 1m at 11.5 g/t from 163m M4;

Blackham said extensions to M6 confirm the mining potential of new resource area, these included:

MARC0459
12m at 2.98 g/t from 42m (EOH).

“Previously, Matilda deposits had been tested to only 300 metres below surface; these results demonstrate that Matilda is a large mineralised system which remains open at depth and, significantly, shows longer term potential for underground mining,” Blackham Resources said in its ASX announcement.

“Follow up drilling is planned to test the plunging shoots at depth.”

The Matilda Mine mineral resource currently stands at 13.1 million tonnes at 1.7g/t gold for 721,000 ounces of gold with 61 per cent in the Measured and Indicated Resource categories (8 million tonnes at 1.8g/t for 460,000 ounces).

The Matilda Mining Centre is intended as a base load feed of soft oxide ore for up to 1.7 million tonnes per annum through the Wiluna gold plant.

Email: info@blackhamresources.com.au

Website: www.blackhamresources.com.au

Lithium Australia progressing Ravensthorpe project

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THE DRILL SERGEANT: Lithium Australia (ASX: LIT) has completed a round of fieldwork at the company’s Ravensthorpe lithium project located south east of Perth in Western Australia.

The company said the recent fieldwork generated further discoveries of lithium mineralisation within the project area, mainly at the Phillips South prospect.

Previous discoveries at Ravensthorpe include the Horseshoe and Deep Purple prospects.

Lithium Australia said the Horseshoe prospect alone hosts an Exploration Target of 900,000 tonnes of lithium mineralisation at a minimum grade of 1 per cent lithium oxide (Li₂O) – with a size range from 525,000 tonnes to 1.281 million tonnes and grade range of 0.8 per cent to 1.2 per cent Li₂O.

Lithium Australia indicate it has soil sampling planned for the Phillips South prospect, north of the Deep Purple prospect and in an area about 1km west of the Horseshoe prospect, however this work has been deferred until weather conditions improve.

Drilling planned for both the Horseshoe and Deep Purple prospects will not be commenced until completion of environmental surveys and subsequent site-works, which also need to wait for drier weather prevails.

“Exploration success at Ravensthorpe adds significant potential to our Yilgarn portfolio that has been recently expanded through the consolidation of mineral rights at Lake Johnston, and the Widgiemooltha acquisition within the Goldfields Lithium Alliance with Cazaly Resources,” Lithium Australia managing director Adrian Griffin said in the company’s announcement to the Australian Securities Exchange.

“The identification of abundant lithium pegmatites at Ravensthorpe is pleasing, and confirms the potential of the area, long since realized by Galaxy Resources, at nearby Mt Cattlin.”

Email: info@lithium-au.com

Website: www.lithium-au.com

St George kicks of new Mt Alexander drill program

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THE DRILL SERGEANT: St George Mining (ASX: SGQ) launched its latest drilling diamond drill program to test multiple massive nickel‐copper sulphide targets at the company’s Mt Alexander project in Western Australia.

Nine of the ten targets to be drilled are located within the Cathedrals Belt, where every EM conductor drilled to date has been demonstrated to be nickel‐copper sulphide mineralisation.

The other target to be tested is at the Transits prospect, located to the north of the Cathedrals Belt in an area that has never been drilled.

Three EM conductors will be drilled at the previously unexplored Investigators prospect.

This includes ‘Anomaly 2’ which has recorded an EM response with a conductivity of 47,000 Siemens, three times higher than any other EM conductor identified in the Cathedrals Belt.

Six DHEM conductors will be also be drilled.

These were identified from DHEM surveys carried out on the drill holes completed by St George earlier this year.

The DHEM conductors may represent extensions of known nickel‐copper sulphide mineralisation or potentially new massive sulphide mineralisation.

“This highly anticipated drill program will test several quality targets that have outstanding potential for further nickel‐copper sulphide discoveries,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.

“Our drilling at Mt Alexander earlier this year was very successful.

“We intersected multiple high grade nickel‐copper sulphides over a broad area, indicating that the mineral system at Mt Alexander is much larger than historical drilling had shown.

“We are confident that the next round of drilling will build on this success.”

Website: www.stgm.com.au

Iron Mountain Mining identifies bauxite deposits at Nendo

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THE DRILL SERGEANT: Iron Mountain Mining (ASX: IRM) claims to have identified extensive large-scale bauxite deposits at the company’s Nendo bauxite project in the Temotu Province of the Solomon Islands.

The deposit identifications stem from an initial phase of exploration on the project, which entailed comprehensive auger drilling and pit sampling programs.

The exploration work identified the presence of widespread high-quality bauxite mineralisation over a large area on the western end of Nendo Island.

The main target area presently defined by this work is approximately 12 kilometres square and remains open to the east, within similar terrain.

“Results to date indicate the tenor of aluminium oxide (Al2O3) content is fairly consistent, with little variation throughout the soil profile,” Iron Mountain said in its ASX announcement.

“Importantly, results show that mineralisation has low impurities and low reactive silica content.

“The company believes there is good potential to identify large areas of high-grade direct shipping bauxite mineralisation within the project area.”

Email: info@ironmountainmining.com.au

Website: www.ironmountainmining.com.au

Further drilling enhances Tyranna Resources’ Jumbuck project

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THE DRILL SERGEANT: Tyranna Resources (TYX: ASX) announced assay results from 12 reverse circulation (RC) holes drilled at the company’s new Greenewood gold discovery.

Greenewood is located approximately 800 metres north east of the Mainwood gold prospect – part of Tyranna’s Jumbuck project in the Northern Gawler Block of South Australia.

Tyranna explained the 12 holes (16GWRC001 to 16GWRC12) were drilled in response to the discovery of Greenewood, which it announced in June, on four lines, approximately 40m apart on either side of the strike of the initial discovery holes.

The drilling produced a number of strong gold intercepts over 200m strike with highlights including:

Hole 003
2 metres at 15.5 grams per tonne gold from 47m, including 1m at 20.55g/t and 6m at 2.17g/t gold from 36 m, including 1m at 7.14g/t gold;

Hole 011
3m at 8.26g/t gold from 26m, including 1m at 23.05g/t gold;

Hole 012
6m at 6.81g/t gold from 53m; and

Hole 006
3m at 3.16g/t gold from 42m, including 1m at 7.9g/t gold.

“These are exceptional results,” Tyranna Resources managing director Bruno Seneque said in the company’s announcement to the Australian Securities Exchange.

“This is the best drilling hit rate that we have seen anywhere in the region since the Challenger Mine discovery.”

Tyranna said the results were important in terms of ongoing exploration in the region as all the Greenewood gold intersections occur beneath a surface where no calcrete has been developed.

This means no geochemical signature exists as a guide to drilling.

The company believes this is the first instance of sub surface gold being discovered without the assistance of calcrete anomalism in this part of the Gawler Block.

Tyranna’s technical team has run a series of detailed geochemical tests on existing grid soil samples in the immediate Greenewood area and are well advanced in developing a new geochemical methodology for locating gold in areas, where calcrete formation is absent.

Such areas account for an extremely large proportion of the 8,000 square kilometres controlled by Tyranna.

Email: info@tyrannaresources.com

Website: www.tyrannaresources.com

Neometals and MinRes increase Mt Marion 160 per cent

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THE DRILL SERGEANT: Mineral Resources (ASX: MIN) and Neometals (ASX: NMT) announced a new Mineral Resource Estimate for the Mt Marion lithium project.

The new Estimate has been prepared by Snowden Mining Industry Consultants.

The results has increased the Mineral Resource Estimate to Indicated and Inferred Mineral Resources of 60.5 million tonnes at 1.36 per cent lithium oxide (Li2O) and 1.09 per cent iron, at a cut-off grade of 0.3 per cent Li2O.

This compares most favourably to the previous Estimate of 23.24 million tonnes at 1.39 per cent Li2O, at a cut-off grade of 0% Li2O.

“This represents a substantial increase in the size of the mineral resource, equating to a 160 per cent increase in the total contained lithium at the project, the companies said in a joint ASX announcement.

“The 0.3 per cent cut-off grade reflects the strategy of mining to the lithium-bearing pegmatite contacts.”

Email: info@neometals.com.au

Website: www.neometals.com.au