Blackham Resources continues high-grade quartz reef drilling hits

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THE DRILL SERGEANT: Blackham Resources (ASX: BLK) has received results from recent drilling activities at the company’s Golden Age underground mine, Galaxy open pit mine and from a maiden drill program at the Lake Way quartz reef prospect.

All three prospects are part of the company’s Matilda gold project near Wiluna in Western Australia.

The Golden Age mine comprises a high-grade free-milling quartz reef resource of 1.1 million tonnes at 4.4 grams per tonne gold for 150,000 ounces of gold.

Blackham drilled nine diamond core holes to define extensions to the Indicated Resource component.

The results returned high-grade extensions at Golden Age mine, including:

GAUD0016
1.5 metres at 47.8g/t gold;

GAUD0014
3m at 10.4g/t gold; and

GAUD0018
1m at 16.2g/t gold.

The Galaxy open pit mine is located 13 kilometres northwest from Blackham’s Wiluna gold plant.

Blackham completed 15 RC holes to infill Inferred Resource areas at the base of the preliminary DFS pit design, and high-grade mineralisation remains open down-plunge.

High-grade results at Galaxy outside the DFS pit include:

GARC0072
4m at 4.84g/t gold from 80m; and

GARC0077
4m at 4.48g/t gold from 83m and 4m at 5.43g/t gold from 102m.

The Lake Way Reef is a high-grade narrow-vein gold deposit located on a mining lease 3km north of the Wiluna plant by existing haul roads.

Blackham’s maiden drill program here targeted down-plunge extensions below historical workings.

The drilling encountered encouraging high-grades at Lake Way Reef, including:

LWRC0001
1m at 11.9g/t gold from 80m; and

LWRC0005
2m at 7.28g/t gold from 105m.

“Blackham’s exploration team have identified further drill targets ‘Golden Age offset’ and ‘Black Swan’, which together with Galaxy, Lake Way and Golden Age gold deposits form part of the 15 kilometre-long quartz reef trend,” Blackham Resources said in its ASX announcement.

“Blackham’s exploration program is designed to build on the existing Mineral Inventory with the goal of developing greater than 10 years of mine life at the Matilda gold project.”

Email: info@blackhamresources.com.au

Website: www.blackhamresources.com.au

St George Mining encounters encouraging gold hits at East Laverton

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THE DRILL SERGEANT: St George Mining (ASX: SGQ) has been encouraged by recent positive results it received from gold exploration at the company’s 100 per cent-owned East Laverton project in Western Australia.

St George recently completed drill hole OXRFC003 at the Oxford prospect, which ended in anomalous mineralisation to a depth of 306 metres downhole.

This was the first deep drill hole St George has completed in this area, which is situated on the southern portion of the Minigwal greenstone belt, and to the immediate northwest of the company’s designated high-priority Ascalon gold target.

According to St George, hole OXFRC003 encountered the base of the weathered profile at 42m downhole, and then intersected a series of structurally‐controlled alteration zones with variably anomalous levels of gold and copper mineralisation.

The alteration zones are present over a healthy portion of the drill hole, with anomalous gold and copper values present between 135m and the end of the hole at 306m.

St George has interpreted the gold and copper mineralisation encountered in OXRFC003 to be associated with epigenetic vein‐style mineralisation of the type commonly associated with Orogenic gold deposits.

The company considers it to be an important finding as this mineralised zone is completely open towards the high-priority Ascalon gold target, approximately 1,000m to the southeast along the Minigwal greenstone belt.

“The significant widths of anomalous mineralisation and alteration in OXFRC003 represent a signature typically encountered on the periphery of a large gold system,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.

“This is very encouraging as it appears to be linked to the Ascalon gold prospect to the immediate southeast, and further validates the potential for this target.

“The first ever drilling at Ascalon will commence in a few weeks.”

Website: www.stgm.com.au

Metalicity returns high-grade lithium field work results from Pilgangoora South

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THE DRILL SERGEANT: Metalicity (ASX: MCT) has received assay results from first pass field work, recently carried out on the company’s Pilgangoora South lithium project, located in the Pilbara Region of Western Australia.

The work included geological mapping and sampling, at the Stannum tenement (E45/4677).

The company’s efforts returned high-grade assays of up to 2.45 per cent lithium oxide (Li2O), while hyperspectral data processing and interpretation identified new targets considered to be prospective for spodumene at Stannum.

Metalicty collected a total of sixteen rock chip samples from the L1 and L2 prospects at Stannum, which were assayed by Bureau Veritas laboratories in Perth, using sodium peroxide fusion and Inductively Coupled Plasma (ICP) Optical Emission Spectrometry (OES)/ Mass Spectrometry (MS).

The company said the results confirmed the presence of lithium bearing rare metal pegmatites at the prospects, with Li2O results up to 24,544ppm (2.45 per cent) and tantalum pentoxide (Ta2O5) results up to 200ppm.

Metalicit also commissioned Mineral Spectra Mapping to undertake processing of Hyperspectral data for Stannum, which was flown for Talison Minerals in 2006 by HyVista Corporation.

The company explained the original processing of the data was to identify pegmatites, which has been confirmed, but not to discriminate between spodumene and other minerals present within the pegmatites.

This data has indicated distinct mineral zoning within the pegmatites leading Metalicty to believe that spodumene may be one of these minerals.

Areas of possible spodumene have been mapped using this data, which the company said correlate well with pegmatites identified through aerial photo interpretation and mapping, over a strike of approximately five kilometres within Stannum.

“Confirmation of high lithium assays, observed spodumene from only one kilometre of the five kilometre target area and geophysical data re-processing to map spodumene has elevated Stannum as one of the most prospective new area’s for an economic lithium discovery in the world class Pilgangoora District,” Metalicity managing director Matt Gauci said in the company’s announcement to the Australian Securities Exchange.

Metalicity is now organising a further round of rock chip sampling and mapping for Stannum, which will entail a more comprehensive work program over several days along the five kilometre target zone.

The company outlined this next round of sampling and mapping will again involve helicopter support to accelerate the work program and provide close up aerial assessment.

Metalicity said this work will focus on confirming additional target areas for a maiden drilling program at Stannum, which is currently planned for the third quarter of 2016.

Metalicity’s Pilgangoora South project applications (E45/4675, E45/4676 and E45/4677) are located within five kilometres of the Pilgangoora lithium deposit of Pilbara Minerals (ASX: PLS) and adjacent to the Wodgina operations of Global Advanced Metals.

Thundelarra confirms Red Bore as VHMS Setting

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THE DRILL SERGEANT: Thundelarra (ASX-THX) has confirmed the Gossan and Impaler prospects, part of the company’s 90 per cent-owned Red Bore project, located in the Doolgunna region of Western Australia, have potential to host volcanic-hosted massive sulphide (VHMS) mineralisation.

The company said it had based this conclusion on a review of geological and geochemical data from diamond holes TRBD010 – 012 not previously reported.

Thundelarra said the drilling program the review was based on had four main objectives:

To improve understanding, and to test for extensions, of the mineralisation at the Impaler prospect by diamond drilling with the hope that core samples would provide clearer geological information from the zones where earlier reverse circulation drilling had encountered broken ground;

To improve the understanding of the mineralisation at depth at the Gossan prospect;

To re-visit the Jaspilite target to the south-east of Gossan that was previously tested by RC; and

To re-visit a target south of Gossan, located close to the southern tenement boundary.

“Geological logging of the holes identified sections that displayed the peperitic textures that are considered to represent the right setting for the occurrence of VHMS (Volcanic-Hosted Massive Sulphide) mineralisation,” Thundelarra said in its ASX announcement.

“Relevant sections were submitted for multi-element geochemical analysis, the results of which confirmed the presence of anomalous values for pathfinder elements that indicate a potential VHMS setting.”

Thundelarra is confident the presence of peperitic and other textures recorded in the drill cores at both Impaler and Gossan provide further geological evidence the package of Interfingered volcaniclastic sediments, basalts, plus the dolerites, represents a geological setting with potential to host VHMS mineralisation.

“This in turn provided the commercial reason to commit shareholder funds to laboratory multi-element assays to provide greater accuracy than the readings obtained to date from hand-held XRF Analyser,” the company explained.

“These two diamond holes at Impaler were also significant in that primary copper mineralisation displaying representative VHMS-style characteristics was encountered.

“This is the first recorded occurrence of primary VHMS-style mineralisation at Impaler.”

Email: info@thundelarra.com.au

Website: www.thundelarra.com.au

Australian Mines confirms extensive sulphidic corridor at Dixon

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THE DRILL SERGEANT: Australian Mines (ASX-AUZ) has completed reverse circulation (RC) and diamond core drill program, which has intersected a thick corridor of disseminated iron sulphides (pyrite +/- pyrrhotite) within the targeted dolerite geology at the company’s Dixon gold prospect in Western Australia.

Dixon is part of Australian Mines’ joint venture with Riedel Resources (ASX: RIE).

The company explained iron sulphides are often associated with gold mineralisation across the Eastern Goldfields of Western Australia, citing examples such as KCGM’s Super Pit Gold Mine in Kalgoorlie, which like the Dixon mineralisation, is similarly hosted within a dolerite unit.

The geological logging of the diamond drill core and RC chips from the latest drill program indicates this sulphidic corridor at Dixon to be around 120 metres thick and is continuous for more than 400 metres in length.

Both these dimensions remain open, Which Australian Mines says suggests that Dixon’s size could further expand as it completes additional drill programs in the coming months.

“Australian Mines’ discovery of a wide and laterally continuous sulphidic corridor at Dixon is highly significant as it confirms that a large-scale fluid flow, and potentially gold mineralising event has occurred within the company’s prospect area,” Australian Mines managing director Benjamin Bell said in the company’s announcement to the Australian Securities Exchange.

“The fact that visible gold was observed within the diamond drill core from Dixon together with the high-grade gold zone, which was previously intersected within hole MMRC016, indicates that at least some of this incoming fluid is gold-bearing.

“In light of these positive results, Australian Mines remains confident that its Dixon prospect represents an emerging greenfields gold discovery in a proven gold province of Western Australia.

“The company has therefore committed to undertaking the next phase of drilling as soon as practicable and we look forward to providing details of this drill program to shareholders as well as the assay results from the recently completed drill program as soon as this information becomes available.”

Email: office@australianmines.com.au

Website: www.australianmines.com.au

Legend Mining encouraged by Rockford Drilling results

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THE DRILL SERGEANT: Legend Mining (ASX: LEG) provided an update on recent drilling carried out at the company’s Rockford project in the Fraser Range of Western Australia.

Legend has completed a total of five RC drillholes (RKRC001-005) at Rockford on Area D, testing three strong-moderate conductors (D1, D2 and D4) that had been previously identified by MLEM surveying.

The company highlighted the final three drillholes completed at Area D explaining two of these holes were re-drills of previously abandoned holes.

The drilling resulted in conductor D1 being supported by the intersection of 22 metres of graphite schist, however conductors D2 and D4 both require downhole EM (DHEM) to clarify these conductors.

Heavy rain leading into Easter caused Legend to suspend field activities and demobilise the drilling crew.

The company now plans DHEM surveying at Conductors D2 and D4 to commence once the weather clears.

Once results from the DHEM are received along with the assays from all five drillholes future work can be planned.

“These five holes are another step in the process of systematic exploration of our entire project,” Legend Mining managing director Mark Wilson said in the company’s announcement to the Australian Securities Exchange.

“We are looking forward to the upcoming DHEM program and the assay results from the RC holes to integrate with existing datasets to assist in the planning of future works.”

Legend said the drilling has provided it with valuable geological information specific to Area D, whilst marking the first RC drilling within the Rockford project into the Fraser Zone of the larger AlbanyFraser Orogen.

The drilling intersected typical Fraser Zone lithologies, including; pyroxene-rich mafic granulite, olivine/pyroxene-rich ultramafic, garnet/biotite felsic granulite and minor metasediment.

The company considers the presence of dense and magnetic mafic/ultramafic units intersected in the drillholes at Area D, and interpreted elsewhere in the project, to be consistent with observed gravity and magnetic data.

Legend declared the information from the drilling further supports its belief that the Rockford project is highly prospective for nickel-copper mineralisation associated with mafic/ultramafic intrusive bodies.

Website: www.legendmining.com.au

Tyranna Resources starts drilling at Jumbuck Gold Project

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THE DRILL SERGEANT: Tyranna Resources. (ASX: TYX) has kicked off its 2016 drilling program at the company’s Jumbuck gold project in the northern Gawler Craton of South Australia.

This is the first phase of Reverse Circulation (RC) drilling of an overall drilling program Tyranna has planned for the 2016 calendar year.

Tyranna outlined its aim with this drilling will be to outline a near surface (less than 60 metres) gold resource in excess of 500,000 ounces from seven advanced gold prospects, all of which are within 50 kilometres of the Challenger gold processing plant that is currently under care and maintenance.

“If attained, such a resource would form the basis of an initial three to five year mining plan providing the springboard for accelerated resource definition within the area targeting an overall gold resource of two to three million ounces in the medium term,” Tyranna Resources said in its ASX announcement.

Six of Tyranna’s seven advanced Jumbuck gold prospects form part of a joint venture with Challenger Gold Operations.

Under the joint venture, and subject to certain circumstances, gold ore may be processed at the Challenger facility.

Tyranna is the joint venture manager with a 59 per cent stake.

“The current JV approved program, if fully carried out, will increase Tyranna’s stake to approximately 70 per cent,” the company said.

“In the first instance drilling will concentrate on the four northern advanced prospects of Golf Bore, Golf Bore North, Mainwood and Camp Fire Bore where previous drilling has identified significant gold potential.”

Email: info@tyrannaresources.com.au

Website: www.tyrannaresources.com.au

Metalicity advances Lithium potential

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THE DRILL SERGEANT: Metalicity (ASX:MCT) has completed first pass field work, including geological mapping and sampling, at the company’s Greenbushes regional lithium project, located in the Greenbushes district of Western Australia.

The company’s Greenbushes regional applications (E70/4809, E70/4816 and E70/4817) are all located within 35 kilometres of the Greenbushes lithium deposit owned by Talison Lithium, where the world’s largest and highest grade deposit of spodumene (hard rock lithium) is being mined.

Metalicity says its application areas cover similar regional geological settings to the Greenbushes deposits.

The company’s recent field work was aimed at mapping geological structures, taking rock chip samples and identifying outcropping pegmatites, and for planning the following stages and methods of exploration.

Although Metalicity considered substantial lateritic cover in the project areas would hamper the identification of any significant outcropping pegmatites, the company did encounter samples of numerous sets of pegmatoidal veins and greisens, which have subsequently been submitted for chemical analysis to ascertain the potential for the area to host lithium mineralisation.

The company is now looking to acquire available radiometric data sets to assess the project area for potassium alteration haloes associated with pegmatites.

It also hopes to acquire hyperspectral data over the project areas to assist in defining areas for further detailed exploration programs.

Metalicty indicated it has the necessary funding in place for these initial exploration programs in these new project areas with existing cash in bank.

The company is also in discussions with a wide range of potential partners from recent meetings with the China Battery Association.

“Outcropping pegmatites are common in the Pilbara, however due to lateritic cover common to the South West around Greenbushes, exploration requires more systematic work and remote sensing surveys to identify areas for drill testing, clearly given the high grade large tonnage nature of these deposits the reward is high,” Metalicity managing director Matt Gauci said in the company’s announcement to the Australian Securities Exchange.

Metals of Africa announces maiden Graphite Resource at Balama Central

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THE DRILL SERGEANT: Metals of Africa (ASX: MTA) released a Maiden JORC 2012 Mineral Resource estimate for the company’s Balama Central graphite project, located in the Cabo Delgado graphite province in Mozambique, East Africa.

The project consists of two known occurrences of graphite mineralisation, namely the Lennox and Byron prospects.

Total resource has been calculated at:

16.3 million tonnes at 10.4 per cent total graphitic carbon (TGC) and 0.21 per cent vanadium oxide (V2O5) for 1.7 million tonnes of graphite; and – 34,000 tonnes of V2O5 (at a 6% TGC cut-off).

The Mineral Resource comprises:

An Indicated JORC Mineral Resource of 8.9 million tonnes at 9.3 per cent TGC and 0.16 per cent V2O5 for 836,000 tonnes of graphite and 14,000 tonnes V2O5; and

An Inferred JORC Mineral Resource of 7.3 million tonnes at 11.8 per cent TGC and 0.27 per cent V2O5 for 863,000 tonnes TGC and 20,000 tonnes V2O5.

“Based on a modest but effective four week drill program that was completed using only one drill rig, we have achieved our objective of delineating an attractive high-grade Mineral Resource capable of allowing us to progress to a Pre-feasibility Study based on a mine life of at least 10 years,” Metals of Africa managing director Cherie Leeden said in the company’s announcement to the Australian Securities Exchange.

“The endowment of high-quality graphite within the Cabo Delgado province is further illustrated with our results.

“We believe that this province in Mozambique will be responsible for delivering some of the lowest graphite OPEX outcomes in the world, a factor that we consider is what most end users are focused on.

“Our flake size and quality is exceptional and both our Balama Central and Montepuez deposits clearly boast the best ratio of large and jumbo flake of all graphite deposits in Mozambique.

“Large and jumbo flake sells for a premium and gives us optionality with respect to many end users.”

Email: admin@metalsofafrica.com.au

Website: www.metalsofafrica.com.au

Dacian Gold continues drilling run at Morgans Underground

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THE DRILL SERGEANT: Dacian Gold has received further positive high-grade drilling results from the conceptual Morgans Underground position, part of the Westralia prospect, at the company’s 100 per cent-owned Mount Morgans gold project (MMGP) in Western Australia.

Dacian explained the Morgans Underground, with the adjacent conceptual Westralia Underground position, forms part of a large mineralised system at the Westralia prospect where the comapny is targeting development of two large, high-grade underground mines below an historical open pit.

The latest drilling results come from an ongoing 129-hole resource infill diamond drilling program at Westralia, which Dacian anticipates will underpin the Westralia Resource upgrade planned for release later this year.

The 129-hole program comprises 67 diamond drill holes infill-testing the Morgans Underground Mineral Resource and 62 diamond drill holes infill-testing the Westralia Underground Mineral Resource.

According to Dacian the drilling is focussed initially on infilling the Morgans Underground position, once this has been completed the drilling focus will shift to Westralia Underground.

Latest results from the infill drilling at Morgans Underground include:

3.6 metres at 48 grams per tonne gold from 527.4m;

3m at 24.6g/t gold from 269.6m;

5.6m at 23.2g/t gold from 469.3m;

1.9m at 15.9g/t gold from 196.8m;

2.7m at 7.2g/t gold from 421m;

4m at 7g/t gold from 358m;

3m at 6.5g/t gold from 511m;

3.8m at 6.1g/t gold from 465m; and

4.4m at 5g/t gold from 365m.

“The company’s 90,000 metre resource in-fill and extensional drilling program at Mount Morgans is well advanced with both Jupiter and now Morgans Underground almost complete,” Dacian Gold executive chairman Rohan Williams said in the company’s announcement to the Australian Securities Exchange.

“These new high-grade drill results support our view that the conceptual Morgans Underground position may well develop into a significant new underground gold mine in its own right, playing a key role in the future production profile at Mt Morgans.

“The combination of these latest results and those we are generating at the Jupiter prospect auger well for the Feasibility Study we expect to complete by the end of this year, which in turn may pave the way for Dacian to become a significant new mid-tier Australian gold producer in 2018 at a targeted production rate of plus-220,000 ounces per annum.”

Website: www.daciangold.com.au