Apollo Consolidated Encounters Strong Gold Intercepts at Cleo and Duchess

THE DRILL SERGEANT: Apollo Consolidated’s (ASX: AOP) recent drilling activities at the company’s Lake Rebecca gold project in Western Australia has targeted the recent Cleo gold discovery.

The drilling has also focused on resource definition at the Duchess deposit, as well as exploration drill holes along the four-kilometre structural zone between the two areas.

Drilling at Cleo returned the best results the company has achieved there to date, indicating potential for a new deposit to take shape.

Results include:

RCLR0635
38 metres at 2 grams per tonne gold, including 2m at 20.4g/t gold and 5m at 2.75g/t gold; and

RCLR0636
2m at 9.39g/t gold, including 1m at 17.2g/t gold.

Continued infill and exploration drilling at the Duchess deposit has confirmed wide zones of mineralisation, including:

RCLR0649
35m at 0.90g/t gold;

RCLR0651
10m at 1.46g/t gold and 18m at 0.74g/t gold;

RCLR0652
10m at 1.83g/t gold;

RCLR0631
9m at 1.82g/t gold and 24m at 0.87g/t gold; and

RCLR0632
12m at 1.15g/t gold.

Drilling to date has identified a substantial mineralised zone at Cleo, particularly on drill section 6641820N where the anomalous zone is at least 150m wide,” Apollo Consolidated said in its ASX announcement.

“Mineralisation is hosted by fine grained disseminated sulphides in micro-diorite to amphibolite, as compared to granodiorite gneiss at the Rebecca, Duchess and Duke deposits, and this potentially opens new exploration fronts to the south and in under-explored parts of the project.”

 

 

Email: info@apolloconsolidated.com.au

 

Web: www.apolloconsolidated.com.au

 

Alto Metals Hits Further Mineralisation at New Orion Lode Gold Discovery

THE DRILL SERGEANT: Alto Metals (ASX: AME) announced further drill results from the new shallow gold Orion Lode discovery, located 200m south of the Lord Nelson pit, within the company’s Sandstone gold project in Western Australia.

Alto Metals said the latest results from the Orion Lode highlight the continuity of high-grade mineralisation at the new discovery, including:

SRC205
12m at 4.8 grams per tonne gold from 84m;

SRC204
4m at 4.1g/t gold from 28m; and

SRC206
12m at 1.2g/t gold from 68m and 8m at 1.3g/t from 84m.

The company also completed RC drilling that targeted the primary gold mineralisation beneath the Lord Nelson pit, returning results, including:

SRC209
8m at 4.1g/t gold from 208m.

“These latest results highlight the continuity of shallow, high-grade mineralisation at the new Orion Lode,” Alto Metals managing director Matthew Bowles said in the company’s announcement to the Australian Securities Exchange.

“And the presence of the high-grade shoot within a much larger mineralised envelope, up to 50 metres thick, indicates the presence of a large gold mineralised system.

“We are excited by what we are seeing at Lord Nelson and, with the level of drilling and exploration activity planned to increase in the coming weeks, shareholders can look forward to more results as we test a number of possible Lord Nelson repeat lodes along the three kilometre long Lords’ corridor.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@altometals.com.au

 

Web: www.altometals.com.au

 

Venture Minerals Commences Dry Screening at Riley Iron Ore Mine

THE DRILL SERGEANT: Venture Minerals (ASX: VMS) has commenced dry screening and associated mining operations at the company’s Riley iron ore mine in Tasmania.

The dry screening operations at the Riley Mine is part of the ramp-up phase of the project with full production to occur upon successful commissioning of the wet processing plant.

Venture Minerals is eager to accelerate production and capture the current iron ore prices before the wet screening plant has been built and commissioned, reducing capital cost requirements.

“Venture has successfully commenced dry screening operations at the Riley Iron Ore Mine achieving yet another key milestone in the life of the project as it ramps up towards full scale production,” Venture Minerals managing director Andrew Radonjic said in the company’s announcement to the Australian Securities Exchange.

“The iron ore price continues to strengthen, and the company looks forward to delivering the first shipment into this positive demand.

“The increased activity at the Riley iron ore mine continues to provide further economic benefits to the community of the West Coast of Tasmania at a time when it is greatly needed and Venture is proud to be rewarding the support of the people of Tasmania in bringing this to fruition.”

 

Email: admin@ventureminerals.com.au

 

Web: www.ventureminerals.com.au

 

Middle Island Returns High-Grade Gold Results from Plum Pudding

THE DRILL SERGEANT: Middle Island Resources (ASX: MDI) stuck in its thumb and pulled out multiple high-grade gold intercepts from the Plum Pudding deposit within the company’s Sandstone gold project in the central Goldfields of Western Australia.

The new results comprise broad, consistent, shallow (less than 40m downhole depth) drill intercepts over a 300 metres strike length and up to 90m width.

New Phase 2 reverse circulation (RC) intercepts at Plum Pudding include:

7 metres at 24.1 grams per tonne gold;
7m at 19g/t gold;
12m at 7.22g/t gold;
3m at 24.7g/t gold;
27m at 1.42g/t gold;
3m at 10g/t gold; and
12m at 2.46g/t gold.

The latest results complement previously achieved intercepts derived from Phase 1 and historic RC drilling at Plum Pudding.

Middle Island has completed more than 45,000m of drilling in its Phase 1 and Phase 2 campaigns this year, extending several existing Sandstone deposits and identifying five new satellite open pit deposits.

The on-going Phase 2 RC and diamond drilling programs are almost exclusively focussed on infilling and extending the five new satellite open pit deposits, McClaren, McIntyre, Ridge, Old Town Well and Plum Pudding, identified by the Phase 1 RC drilling campaign in the first half of 2020.

All new satellite deposits are located on existing Mining Leases within 2.5 kilometres of the company’s 100 per cent-owned 600,000 tonnes per annum gold processing plant.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@middleisland.com.au

 

Web: www.middleisland.com.au

 

Legend Mining Identifies Strong Off-hole Conductor at Mawson

THE DRILL SERGEANT: Legend Mining (ASX: LEG) recently completed a downhole electromagnetic (DHTEM) survey at the Mawson prospect within the company’s Rockford project in the Fraser Range of Western Australia.

Legend Mining reported the DHTEM survey, carried out on drillhole RKDD021, identified a very strong (25,000-30,000S) off-hole conductor.

Legend explained the position and orientation of the conductor fits with the company’s structural analysis of the interpreted extension orientation of the main Mawson mineralisation.

Diamond drilling of the new off-hole conductor will commence on the completion of the current diamond hole that is planned to a depth of 300m downhole.

Structural analysis of RKDD021 has been completed, with the drill core now scheduled for sampling and assaying.

“The new off-hole conductor from hole 21 is modelled as double the strength of the conductor which hole 21 was designed to test,” Legend Mining managing director Mark Wilson said in the company’s announcement to the Australian Securities Exchange.

“The geological interpretation that this conductor is the extension of the 15.35 metres interval of significant sulphides in hole 21 coupled with its strength, point to some exciting days ahead.

“The diamond hole to test this conductor will be the next hole drilled once the rig completes the diamond tail on RC hole 15.”

 

Web: www.legendmining.com.au

Kin Mining Extends Cardinia Hill Discovery

THE DRILL SERGEANT: Kin Mining (ASX: KIN) has extended mineralisation at Cardinia Hill via ongoing Phase 3 Reverse Circulation (RC) drilling program at the company’s 100 per cent-owned Cardinia Gold Project (CGP) located near Leonora in Western Australia.

Kin Mining announced the extension on the back of recent assay results received for five Reverse Circulation (RC) holes drilled at Cardinia Hill.

Results include:

CH20RC056
15 metres at 1.97 grams per tonne gold from 150m;

CH20RC058
9m at 1.92g/t gold from 34m;

CH20RC060
10m at 1.05g/t gold from 139m; and

CH20RC061
10m at 2.67g/t gold from 149m.

The company said the results further refined its geological understanding of the Cardinia Hill deposit, highlighting the presence of two north-plunging shoots of higher-grade mineralisation within the main lode.

“The follow-up phase of RC drilling at the northern end of Cardinia Hill has been successful in intersecting the northern shoot of mineralisation at depth, further improving our understanding of the geometry and scale of the deposit – and providing a solid foundation for planned resource drilling,” Kin Mining managing director Andrew Munckton said in the company’s announcement to the Australian Securities Exchange.

“The diamond drill core is also providing strong insight for our exploration team in terms of understanding the internal detail of the deposit.

“We are continuing the systematic approach to exploration that has proven to be so successful to date as we advance a number of targets in parallel across the broader Cardinia area.

“Investors can look forward to continued regular updates as we receive assay results from RC drilling across the Helens East, Pelsart and Cardinia Hill prospects.

“We are also looking forward to receiving further results from the extensive air-core program at East Lynne, building on the encouraging results reported from the northern end of this large gold target earlier this week…and the EIS co-funded diamond drill holes at East Lynne testing some conceptual geophysical targets at depth.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@kinmining.com.au

 

Web: www.kinmining.com.au

 

Azure Minerals Commences Exploration at Andover Nickel-Copper- Project

THE DRILL SERGEANT: Azure Minerals (ASX: AZS) has kicked off activity at the company’s recently acquired Andover nickel-copper project (60% Azure / 40% Creasy Group), in the West Pilbara region of Western Australia.

Azure Minerals said the work at the Andover project will build on work previously undertaken by its JV partner, the Creasy Group that had identified a target-rich environment for nickel and copper sulphide mineralisation.

Azure’s first exploration program at Andover is to comprise:

Ground electromagnetic surveys (FLTEM) to cover the two locations where previous drilling intersected significant quantities of nickel and copper sulphide mineralisation;
Additional FLTEM surveys to follow-up numerous other VTEM anomalies throughout the property;
Diamond core drilling program of 12 holes for approximately 3,000m;
Downhole EM (DHEM) surveying of the drill holes; and
Systematic geological mapping and sampling.

“Andover is a highly prospective nickel and copper project and we’re very excited to get on the ground and start our exploration program,” Azure Minerals managing director Tony Rovira said in the company’s announcement to the Australian Securities Exchange.

“Mark Creasy and his team have provided strong foundations for a successful project and Azure is looking forward to building on this initial work.

“Since announcing this acquisition, our shareholders have expressed significant support for the project and our reasoning in coming back to Western Australia.

“I’m looking forward to advancing Andover and the continued development of our growth strategy.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.azureminerals.com.au

 

Aruma Resources Identifies Anomalous Gold at Melrose

THE DRILL SERGEANT: Aruma Resources (ASX: AAJ) achieved further anomalous gold results at the company’s Melrose gold project in the Pilbara region of Western Australia.

Aruma Resources’ Melrose project sits on the southern edge of the Pilbara Craton, adjacent to Northern Star Resources’ (ASX: NST) Paulsens gold mine and Belvedere deposit.

The latest anomalous gold results come from two new Exploration Licence Applications (ELA47/4414 and ELA08/3244) mad by Aruma, which cover a total of 19 square kilometres at the Melrose project, hat have delivered historical gold samples up to 1.74 grams per tonne in quartz veins as well as rock chips assays.

Exploration Licence Application ELA08/3244 hosts gold mineralisation within quartz veins that were reported in Northern Star Resources’ 2012 Annual Exploration Report on the Ashburton project.

“The significance of the quartz veins in the new lease area is that they are expected to be associated with adjacent lode style gold mineralisation,” Aruma Resources said in its ASX announcement.

“Aruma will be utilising these veins to identify any associated lodes systems.”

 

 

Email: info@arumaresources.com

 

Web: www.arumaresources.com

 

Stavely Minerals Sees Parallel Gold Lode Emerging at Cayley Discovery

THE DRILL SERGEANT: Stavely Minerals (ASX: SVY) reported further strong assay results from drilling at the Cayley shallow high-grade copper-gold discovery deposit withing Thursday’s Gossan prospect, part of the company’s 100 per cent-owned Stavely copper-gold project in Victoria.

Stavely Minerals has long considered there to be at least two parallel zones of higher-grade copper-gold-silver mineralisation located close to surface within the chalcocite-enriched blanket that hosts the Stavely project’s current 28 million tonnes at 0.4 per cent copper Inferred Mineral Resource.

The company’s interpretation of previous drilling has been drilling targeting the Cayley Lode would begin to encounter the parallel Cayley Lode Splay (CLS) at shallow depths as it progressively advances to the west.

The recent drilling appears to have done just that, encountering a very broad zone of copper mineralisation, including a shallow 18 metres intercept in the interpreted near-surface position of the parallel Copper Lode Splay (CLS).

SMD093
299.7 metres at 0.4 per cent copper from 35m down-hole, including 64m at 0.68 per cent copper from 35m, including 18m at 1.11 per cent copper from 36m in the interpreted Copper Lode Splay; and

30.1m at 1.44 per cent copper, 0.21 grams per tonne gold and 4.4g/t silver from 304.6m in the Cayley Lode, including 4m at 3.17 per cent copper, 0.26g/t gold and 7.5g/t silver.

“The Cayley Lode continues to deliver consistently good widths of high-grade copper, gold and silver mineralisation with some excellent new high-grade results from the south-eastern end in holes 94, 95, 96 and 97,” Stavely Minerals executive chairman Chris Cairns said in the company’s announcement to the Australian Securities Exchange.

“For some time, we have been predicting that, as the collars of drill holes testing the Cayley Lode mineralisation at increasing depths migrate further west, the upper portions of these drill holes should start to intercept the inferred near-surface position of the Copper Lode Splay.

“The identification of the Copper Lode Splay close to surface may have significant implications for the scale of a potential Phase 1 open pit development.

“Clearly there is a great deal of drilling to be done to confirm this potential, but we do now have the funding available to pursue this opportunity aggressively.

“These multiple lode intercepts really highlights that we have a large amount of drilling to do before we get to the position of detailed studies, and we must caution that there is no guarantee of a positive economic outcome when we do.

“However, we need to be thinking of the potential scale of the system as it becomes better drill defined and what that could translate to as a development proposition.

“The potential for additional near-surface lodes could add to that in a meaningful way, not to mention what additional lodes at depth may mean for a possible Phase 2 underground.

“In addition to completing the drilling required for a maiden JORC Mineral Resource estimate later this year, we are also commencing various ancillary programs including metallurgical test-work, environmental monitoring and groundwater monitoring that will provide critical information to the various stages of future development studies.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@stavely.com.au

 

Web: www.stavely.com.au

 

Moho Resources Pleased with Sampson Dam Gold Recoveries

THE DRILL SERGEANT: Moho Resources (ASX: MOH) reported results from preliminary metallurgical tests conducted on composite samples of gold mineralisation from the East Sampson Dam gold prospect at the company’s Silver Swan North project in Western Australia.

Moho Resources declared the results as “excellent” with the composite samples representing 99 per cent of mineralisation within the prospect’s preliminary pit shell design.

Conventional cyanide leaching yielded 95.6 per cent and 95.9 per cent overall gold recovery replicating standard Kalgoorlie toll treatment processing.

Reasonably high gold recoveries of 41.8 per cent to 52.9 per cent were also achieved from conventional gravity tests.

“Moho is very encouraged by the positive metallurgical results on the East Sampson Dam samples, particularly as they represent greater than 99 per cent of mineralisation within preliminary pit shell design and the high overall gold recoveries have been achieved using conventional cyanide leaching similar to standard Kalgoorlie toll treatment plants,” Moho Resources managing director reiterated in the company’s announcement to the Australian Securities Exchange.

Moho had the tests carried out as part of a scoping study that is assessing the potential viability of East Sampson Dam gold mineralisation.

Further test work is hoped to provide information, armed with which Moho may approach toll millers to secure a toll milling agreement, confident that the potential mineralisation to be mined can be treated successfully through their mill at their operating conditions.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@mohoresources.com.au

 

Web: www.mohoresources.com.au