Aruma Resources Intersects Lithium at Mt Deans Lithium Project

THE DRILL SERGEANT: Aruma Resources (ASX: AAJ) emerged from a self-imposed exile after receiving a speeding ticket from the ASX to report a lithium encounter on the company’s Mt Deans lithium project in south-eastern Western Australia.

Aruma Resources announced results from its first phase of drilling at Mt Deans that involved a total of 1,156 metres of reverse circulation (RC) drilling in eight holes, which delivered highly positive results including high-grade rubidium.

Rubidium is a high-value technology metal typically found in hard rock pegmatites.

The current price of Rubidium Carbonate, the most widely used form of rubidium, is $1,059.65 per kilogram.

It has multiple uses and applications, including in solar panels, fibre optic cables, GPS systems and night vision equipment, as well as sodium-ion batteries.

Aruma said the drilling intersected high-grade lithium of up to 1.14 per cent Li2O (lithium oxide) within a wide zone of lithium, all within a near-surface 25 metre thick, vertical body of solid pegmatite, from a depth of just 17 metres.

Results include:

MDRC6
1 metre at 1.14 per cent Li2O at 36m in hole within a wider zone of 10m at 0.62 per cent Li2O and 0.57 per cent rubidium oxide (Rb2O) from 22m;
7m at 0.76 per cent Li2O and 0.69 per cent Rb2O from 31m; and
3m at 0.96 per cent Li2O and 0.83 per cent Rb2O from 34m.

“The first phase of drilling at Mt Deans has delivered highly encouraging and positive results, returning strong lithium and rubidium grades in numerous intersections, some with significant widths,” Aruma Resources managing director Peter Schwann said in the company’s ASX announcement.

“This represents just the start of exploration at Mt Deans, and based on these results, we will move quickly to undertake the remaining approximately 1,800 metres of the maiden drilling campaign.

“The Mt Dean pegmatite is showing zonation with lithium grades up to 1.14 per cent Li2O, and rubidium assays up to 1.05 per cent which is high-grade, and our future work will target Mt Deans as a multi metal asset.”

Based on the results from the first round of drilling at Mt Deans, Aruma signalled it is very keen to complete the remaining 1,800 metres across 12 holes of this maiden drilling program.

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@arumaresources.com

 

Web: www.arumaresources.com

 

Dreadnought Resources Commences Regional Auger Program at Tarraji-Yampi

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) has been able to commence exploration activities earlier than anticipated at the Tarraji-Yampi prospect, in the Kimberley Region of Western Australia.

Dreadnought Resources has kicked off a low impact auger sampling system that was specially designed for Taraji-Yampi allowing the company to commence exploration earlier in the season, before road access has been re-established, extending and maximizing the dry season activities.

Dreadnought explained the auger program will sample through shallow black plain soil that obscures mineralisation like that it discovered at Orion in 2021.

As the first program of its kind across Tarraji-Yampi, Dreadnought believes it could lead to identification of additional mineralisation across the project.

The program will take 2-3 months including infill sampling of anomalous areas.

Regional targets defined by the auger program will be drilled in August/September 2022.

“This is the first program of its kind at Tarraji-Yampi,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.

“The program allows us to identify mineralisation below the black plain soils that can obscure massive sulphide deposits such as Orion.

“This is a game changer in an area which has not been explored since the 1970s.

“By taking the learnings from our 2021 program, including an orientation program over the Orion discovery, we have been able to deploy a new technique that will provide the geochemical data needed to discover the rest of Orion’s friends at Tarraji-Yampi.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@dreadnoughtresources.com.au

 

Web: www.dreadnoughtresources.com.au

 

Carawine Resources Encounters New Intersections at Big Freeze and Beanie

THE DRILL SERGEANT: Carawine Resources (ASX: CWX) reported results from the latest round of assays from follow-up RC drilling programs at the Thunderstruck Joint Venture (Carawine 90% interest) within the company’s Tropicana North gold project, located in the north-eastern Goldfields of Western Australia.

Carawine Resources completed drilling at the Big Freeze and Beanie prospects, adding to the strike length of previously identified mineralisation.

The Big Freeze and Beanie are within the Neale tenement, part the Thunderstruck JV.

The Neale tenement also covers the company’s Hercules and Atlantis gold prospects.

Assays from Big Freeze included:

TNRC060
2m at 2.39 grams per tonne gold from 138m, including 1m at 4.26g/t gold and 4m at 1.83g/t gold from 159m; and

TNRC056
5m at 0.59g/t gold from 54m, including 1m at 2.03g/t gold.

From the Beanie prospect, located 1.5km north-east of the Hercules gold prospect, new intervals included:

TNRC064
1m at 3.01g/t gold from 87m and 1m at 2.32g/t gold from 144m.

“These latest results from Big Freeze define a mineralised trend that now extends across three drill lines, including the 5m at 18.2g/t gold interval reported last week,” Carawine Resources managing director David Boyd said in the company’s ASX announcement.

“We will plan additional drilling to follow-up this trend, which remains open, and has the potential to deliver another high-grade gold deposit to our Tropicana North gold project.

“The results at Beanie are also highly encouraging, especially given the limited amount of drilling completed to date, with a clear open trend on which to focus future drilling.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@carawine.com.au

 

Web: www.carawine.com.au

 

Carawine Resources Claims High-Grade Gold Discovery at Big Freeze

THE DRILL SERGEANT: Carawine Resources (ASX: CWX) announced the first round of assay results from the Big Freeze prospect within the Neale tenement, part of the Thunderstruck Joint Venture (Carawine 90% interest) in the company’s Tropicana North gold project in the north-eastern Goldfields of Western Australia.

The results stem from an 18-hole follow-up RC drilling program at the Big Freeze prospect that has identified shallow, high-grade gold mineralisation adjacent to the same structure that hosts the Atlantis and Hercules gold prospects.

The Neale tenement also covers the advanced Hercules and Atlantis gold prospects, located 8km and 1km along strike from Big Freeze respectively.

The assay results Carawine has received are from 14 RC drill holes (TNRC045 to TNRC055, TNRC058, TNRC061 and TNRC062) of an 18-hole drilling program completed at Big Freeze in late February 2022 to follow-up the results reported in November and December 2021.

Highlights of the assays include:

TNRC050
7m at 0.53 grams per tonne gold from 101m, including 1m at 1.65g/t gold from 107m; and
1m at 0.58g/t gold from 136m

TNRC053
1m at 2.47g/t gold from 136m; and
1m at 0.49g/t gold from 140m

TNRC058
5m at 18.2g/t gold from 38m;
1m at 0.82g/t gold from 54m;
1m at 0.65g/t gold from 118m;
4m at 0.42g/t gold from 135m; and
1m at 0.56g/t gold from 144m.

Carawine Resources managing director David Boyd said in the company’s ASX announcement.
“This follow-up drilling program was designed to explore for shallow, high-grade mineralisation within a much larger gold trend at Big Freeze.

“Today’s discovery has done exactly that, proving the success of our exploration methods and supporting our confidence in the potential of the Tropicana North gold project to yield multiple deposits.

“We look forward to receiving assay results from the rest of the program and planning additional drilling at Big Freeze, as well as further results from our ongoing drilling at the Hercules prospect just eight kilometres to the north-east.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@carawine.com.au

 

Web: www.carawine.com.au

 

Blackstone Minerals Set to Drill at Chim Van

THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) has been granted approvals to commence drilling at the prospective Chim Van target within the company’s 90 per cent-owned Ta Khoa nickel project in Vietnam.

The approvals follow completion of the company’s initial phase of collaboration with the General Department of Geology & Minerals of Vietnam (GDGMV).

The collaboration on the Chim Van exploration target has to date produced:

• Geophysical modelling suggesting a concealed ultramafic target similar to the Ban Phuc disseminated sulphide (DSS) deposit;

• demonstration that the Chim Van features a magnetic anomaly an order of magnitude larger than the Ban Phuc ultramafic intrusion; and

• A drill rig is currently mobilising to the site to commence the first priority drill hole.

“Blackstone is very pleased with the ongoing collaboration with the GDGMV at the Chim Van target,” Blackstone Minerals managing director Scott Williamson said in the company’s ASX announcemen.

“Drilling will test the conceptual geological and geophysical target at Chim Van for nickel-copper-PGE sulphides, and if successful Blackstone will proceed to take steps to secure an exploration license.

“Exploration continues to be a major focus for the company as we look to organically increase our mining inventory available to feed the Ta Khoa Refinery.

“We are excited for the potential that Chim Van has to feed into our longer-term growth profile.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@blackstoneminerals.com.au

 

Web: www.blackstoneminerals.com.au

 

 

Rox Resources Reports High-Grade Youanmi Results

THE DRILL SERGEANT: Rox Resources (ASX: RXL) received drill results from the Youanmi gold project near Mt Magnet in Western Australia.

The results came to Rox Resources via its OYG Joint Venture partner Venus Metals (ASX: VMC) (Rox 70% and Manager, VMC 30%).

The latest results included high-grade assays from shallower parts of the Link area where drilling focussed on resource conversion and extensional growth to the recently reported resource inventory at Youanmi of 3 million ounces at 3.78 grams per tonne gold.

Highlights included:

RXDD043
4 metres at 4.43 grams per tonne gold from 52m;

RXRC429
4m at 4.41g/t gold from 128m; and

RXRC435
10m at 1.39g/t gold from 76m, including 2m at 4.1g/t gold from 84m.

Other results were received from extensional drilling down plunge for the historical Hill End underground mine.

This included:

RXDD039
1m at 13.44g/t gold from 384m and 0.89m at 3.89g/t gold from 344m; and

RXDD044
2m at 5.41g/t gold from 286m and 0.39m at 3.44g/t gold from 334.72m.

“The further high-grade results from the Link area will likely contribute to the Youanmi Near Surface Resource,” Rox Resources managing director Alex Passmore said in the company’s ASX announcement.

“Results from near mine drilling further support the company’s belief in the potential for high-grade mineralisation near historic mine development.

“We look forward to providing an update on the Near Surface Resource in mid-April which consolidates near-surface drilling results.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@roxresources.com.au

 

Web: www.roxresources.com.au

 

Miramar Resources Hits Multiple High-Grades at Gidji JV

THE DRILL SERGEANT: Miramar Resources (ASX: M2R) reported high-grade gold results from drilling completed in 2021 at the company’s 80 per cent-owned Gidji JV project in the Eastern Goldfields of Western Australia.

The drilling returned gold results from the Marylebone target that include four consecutive 50 metres-spaced holes across the centre of the eastern Marylebone trend:

GJAC490
2 metres at 5.28 grams per tonne gold (52-54m);

GJAC491
1m at 8.55g/t gold (55-56m);

GJAC492
1m at 11g/t gold (55-56m); and

GJAC493
12m at 0.3g/t gold (48-60m EOH), including 1m at 1.21g/t gold.

Miramar explained the new high-grade results are located between two earlier 200m-spaced lines with single holes that returned intersections of 1m at 3.62g/t gold and 1m at 2.65g/t gold.

The company maintains its belief in Gidji having potential for the discovery of multiple new gold deposits within its strategic 60 square kilometre land package located 15km north of Kalgoorlie.

“Gidji is in a fantastic location, with the right geology and structures, and a growing supergene gold footprint that indicates the potential for a significant bedrock gold source nearby,” Miramar Resources executive chairman Allan Kelly said in the company’s ASX announcement.

“Each aircore program we have completed at Gidji since listing has improved on the previous results and provided a better understanding of the project, and this program is no exception with multiple new high-grade gold results from Marylebone and our new Blackfriars target.

“The Gidji project provides Miramar with a unique greenfields gold discovery opportunity right on the doorstep of the richest patch of ground on earth, and we therefore look forward to continuing to uncover the huge potential opportunity at Gidji with systematic and methodical exploration.”

Miramar has commenced an aircore drilling program to infill the Blackfriars target to a drill spacing of 200m x 50m and test the Highway target for the first time.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@miramarresources.com.au

 

Web: www.miramarresources.com.au

 

Great Boulder Resources Drilling at Mulga Bill

THE DRILL SERGEANT: Great Boulder Resources (ASX: GBR) is gearing up for more activity on the company’s Side Well gold project in Western Australia.

Great Boulder Resources is recommencing RC drilling at the Mulga Bill target as part of a 5,000 metres program designed to test extensions to high-grade zones along the six kilometres Mulga Bill – Loaded Dog corridor.

Further activity will see the company undertake its first round of RC holes to test primary gold mineralisation over the defined 500m of strike at the Ironbark prospect located 1.5km east of Mulga Bill.

The program is expected to take approximately four weeks to complete, during this time a 3D IP survey will also be completed and processed.

“Our Mulga Bill exploration program is continuing at full speed with the commencement of our first RC drill program for 2022,” Great Boulder Resources managing director Andrew Paterson said in the company’s ASX announcement.

“We are well advanced and funded to execute our plans to accelerate drilling later this quarter as we move towards an Exploration Target followed by an initial Mineral Resource Estimate at Side Well.

“The additional structural data from the diamond drilling program plus the RC data we gain from this program will be the next step in building our understanding of Mulga Bill.

“The team is looking forward to seeing the full 3D inversion model of chargeability anomalies associated with sulphide once the IP survey is complete, as it will provide our first three-dimensional model of sulphide zones that will be subject to further drilling.”

 

 

Email: admin@greatboulder.com.au

 

Web: www.greatboulder.com.au

 

Alchemy Resources Drilling New RC Program at Karonie

THE DRILL SERGEANT: Alchemy Resources (ASX: ALY) has kicked off a new round of Reverse Circulation (RC) drilling at the company’s 100 per cent-owned Karonie gold project near Kalgoorlie in Western Australia.

Alchemy Resources indicated the drill program will include holes at targets at Gilmore, which it had identified from high-resolution magnetics and detailed mapping completed in 2021.

The program is EIS co-funded by the WA Department of Mines, Industry Regulation and Safety (DMIRS).

Other drilling at Karonie East will entail infill drilling both along strike, and at depth, of the previously encountered aircore intercepts.

A further single RC hole at the KZ5 target will test a historic untested electro-magnetic (EM) plate located along strike of the existing resource.

“We are excited to be back out at Karonie drill testing our priority targets at Gilmore where there has been no RC follow-up of mineralised intercepts since 2002,” Alchemy Resources CEO James Wilson said in the company’s ASX announcement.

“At Karonie East we are testing mineralisation at depth, following up on the success of our recent aircore program.

“At KZ5 an untested EM plate lines up with our revised interpretation of mineralisation, which could add further strike length to the resource.

“Overall, our activities are proceeding in line with our 2022 objectives, testing existing walk-up and advanced stage targets at Karonie.”

 

 

 

Email: admin@alchemyresources.com.au

 

Web: www.alchemyresources.com.au

 

Rincon Resources Commences Diamond Drilling at Hasties

THE DRILL SERGEANT: Rincon Resources (ASX: RCR) is back out drilling at the company’s South Telfer copper-gold project in the Paterson Province of Western Australia.

A diamond rig has arrived to join an RC rig already on site for a Phase 2 extensional RC and DD drilling program at the Hasties rospect to follow drilling that completed seven RC holes in December 2021.

Rincon explained the diamond drilling will include completion of an EIS Hole, designed to test the Hasties Deeps target area approximately 300 metres below surface and at least 150m below the deepest mineralisation drilled at Hasties Main Zone to date.

The RC drilling will target the depth extension of a fault, interpreted be the fluid conduit and controlling structure for copper-gold mineralisation at Hasties Main Zone.

“We are pleased to re-commence drilling at Hasties following several delays due to cyclonic weather preventing access to site,” Rincon Resources managing director Gary Harvey said in the company’s ASX announcement.

“We welcome the arrival of the diamond rig to complete the EIS-hole to test the ‘Hasties Deeps’ target.

“While still early in the game, this is nonetheless an important phase of drilling at Hasties where we hope to gain valuable information regarding the potential scale of the mineralised system.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@rinconresources.com.au

Web: www.rinconresources.com.au