Burley Minerals Intercepts Additional Spodumene Bearing Dykes at Chubb

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Burley Minerals Intercepts Additional Spodumene Bearing Dykes at Chubb

 

THE DRILL SERGEANT: Burley Minerals (ASX: BUR) will be up for a chat at the RIU Explorers Conference next week after receiving new assay data from drilling at the company’s 100 per cent-owned Chubb lithium project in Quebec, Canada.

Prior to receiving the assay results, Burley had provisionally identified intersections of spodumene from drill logs and core photos from recently discovered pegmatite dykes to the East and West of Chubb’s Main Dyke.

The company has now interpreted these to be “members of a parallel ‘stacked dyke’ system”.

Spodumene being pegmatite was intersected in holes CLP-057 and CLP-058 drilled at the newly identified Eastern Dyke.

Hole CLP-065 intersected 6.1 metres at 1.2 per cent lithium oxide (Li20) and 6.1m at 1 per cent Li20, in the southernmost hole in Western Dyke, suggesting that spodumene mineralisation is broadening and is still open.

Holes CLP-063 and CLP-066, the southernmost holes in the Main Dyke, intersected 2.6m at 1.2 per cent Li20 and 11m at 1.7 per cent Li20, confirming that spodumene mineralisation exceeds a strike length of 600m, and is still open at depth.

“We are thrilled to discover additional spodumene-bearing pegmatite dykes within the Chubb Central Mineralised Zone,” Burley Minerals managing director and CEO Stewart McCallion said in the company’s ASX announcement.

“As our exploration program advances, more mineralised dykes have been identified and the extent of mineralisation has grown materially since drilling commenced in April 2023.

“We are also very pleased that the assay results from CLP-063 have confirmed the presence of the caesium bearing mineral pollucite in the Main Dyke, indicating an extremely evolved LCT pegmatite system, and which has the potential to add significant value to the project.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Antipa Minerals Confirms High-Grade Minyari Dome Mineralisation

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THE DRILL SERGEANT: Antipa Minerals (ASX: AZY) reported assay results for follow-up drilling at the GEO-01 gold discovery the company’s 100 per cent-owned Minyari Dome gold-copper project in the Paterson Province of Western Australia.

Antipa Minerals drilled two Western Australian Government Exploration Incentive Scheme (EIS) co-funded diamond core drill holes that intersected near-surface high-grade gold mineralisation at GEO-01.

Multiple zones of mineralisation remain open across the broader 600m by 370m prospect footprint, which is located just 1.3 kilometres from Antipa’s 1.5Moz Minyari gold-copper deposit

Assay results for the second of the two GEO-01 diamond core drill holes returned:

23MYD0532
27 metres at 0.7 grams per tonne gold from 34m down hole, including 8m at 1.4g/t gold from 53m, including 1m at 4.8g/t gold from 56m; and

23m at 0.8g/t gold and 0.02 per cent copper from 109m down hole, including 4m at 2.9g/t gold and 0.05 per cent copper from 121m, and;

1m at 2.1g/t gold from 131m.

“Results from the second diamond hole into our GEO-01 discovery confirmed the intersection of high-grade gold mineralisation and continue to demonstrate the quality of this resource opportunity,” Antipa Minerals managing director Roger Mason said in the company’s ASX announcement.

“Importantly, multiple zones of gold mineralisation remain open, which we intend to target for strike and depth extensions during our CY2024 drill programs.

“We’ve hit the ground running to start the year and there is a significant amount of activity ongoing as we complete planning for our upcoming programs.

“We look forward to updating shareholders shortly with results of our expanded regional air core program expected late this month, and with the commencement of maiden drilling at our three exciting Pacman targets.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Future Battery Minerals Enthused by Metallurgical Results From Kangaroo Hills

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THE DRILL SERGEANT: Future Battery Minerals (ASX: FBM) was keen to release results achieved from a maiden metallurgical testwork program carried out for the company’s 100 per cent-owned Kangaroo Hills lithium project (KHLP) in Western Australia.

Test work included X-Ray Diffraction (XRD), test results from which confirmed spodumene is the predominant lithium mineral (comprising ~90% of the Li2O) in the projects Big Red pegmatite.

Metallurgical results demonstrate Big Red to be amenable to conventional Dense Media Separation (DMS) and Froth Flotation separation techniques.

FBM explained the testwork results indicate a hybrid flowsheet utilising both DMS and Fines Flotation can produce a high-grade, marketable spodumene concentrate with low levels of contaminants.

The company stressed the testwork conducted was at a preliminary stage with the application of only first-principles processing methodologies and minimal optimisation work.

Although preliminary by nature, FBM said the results leave potential for further improvement in lithium recovery and concentrate product parameters with subsequent, more advanced testwork programs.

“The testwork results indicate that processing of Big Red material via a hybrid flowsheet utilising both DMS and Froth Flotation can produce a high-grade, marketable spodumene concentrate with low impurity levels at robust recoveries,” Future Battery Metals managing director and CEO Nicholas Rathjen said in the company’s ASX announcement.

“Being only preliminary testing, the results also demonstrate ample opportunity for further optimisation with more refined process evaluation across subsequent metallurgical testwork phases.

“The next stage of metallurgical testing is set to commence after completion of the upcoming Phase 4 drilling program at the KHLP.

This drill program will test the interpreted extension of the Big Red mineralisation, as well as other high-potential resistivity targets in the northern part of the project.

“This program it will also deliver additional, and broader, mineralisation samples for the further metallurgical testwork planned for Kangaroo Hills.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Gateway Mining Identifies New Montague Copper-Nickel-PGE Targets

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THE DRILL SERGEANT: Gateway Mining (ASX: GML) has declared a new exploration opportunity for magmatic copper-nickel-PGE mineralisation within the company’s 100 per cent-owned Montague gold project in the Murchison Region of Western Australia.

Gateway Mining explained the discovery follows a series of project-wide strategic data compilation and targeting exercises, which are being progressed as part of the company’s focus on step-change exploration and discovery opportunities.

The company has undertaken a re-examination of all historically generated geological and structural data to identify prospective corridors as targets for future exploration work.

This reinterpretation has outlined a +7km corridor west of the Montague Granodiorite Dome comprising potential fractionated mafic/ultramafic intrusions with no previous copper-nickel-PGE exploration.

“The recent high-quality body of work undertaken by our team has clearly demonstrated the potential of the Montague project to host magmatic copper-nickel-PGE mineralisation,” Gateway Minng managing director Mark Cossom said in the company’s ASX announcement.

“This is a very exciting development and represents an opportunity to crystallise significant value for Gateway shareholders from our existing high-quality tenement portfolio.

“It is important to emphasise that this work in no way detracts from our ongoing gold exploration – which remains the company’s primary focus.

“However, given the scale and potential of the base metal horizons we have identified, we intend to pursue this opportunity aggressively on behalf of our shareholders.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

New World Resources Defines Antler Deposit Drill Target Neighbour

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THE DRILL SERGEANT: New World Resources (ASX: NWC) reported delineation of a coincident IP chargeability/magnetic anomaly directly along strike from the company’s Antler copper deposit in Arizona, USA.

New World Resources identified the Bullhorn target via a drone magnetic survey and a ground Induced Polarisation (IP) survey over its 2023 acquisition of 1,000 acres of mineral rights along strike from the 11.4 million tonnes Antler copper deposit.

The company explained magnetic and IP anomalies of 400 metres length were revealed by the survey to be in the same geological sequence of metavolcanics that hosts the Antler copper deposit – which is a volcanogenic massive sulphide (VMS) deposit.

New World consider Bullhorn as a very-high priority target that warrants immediate drilling.

“The delineation of a 400m-long coincident magnetic/IP anomaly – our new Bullhorn Target – just 350m along strike from the Antler copper deposit, is a very exciting development,” New World Resources managing director Mike Haynes said in the company’s ASX announcement.

“Bullhorn has many similarities to the Antler deposit.

“And given that VMS deposits typically occur in clusters, this undrilled target – which is located in the same geological sequence as the Antler deposit – represents an exceptional opportunity to make a new discovery in the near-mine environment.

“We are very fortunate to have so many quality exploration targets to test.

“In order to expedite our exploration efforts, we intend mobilising a second drill rig as quickly as possible – so we can continue to test our other high-priority targets while also commencing testing of the very high-priority Bullhorn target.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Carnaby Resources Claim New High-Grade Copper Discovery

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THE DRILL SERGEANT: Carnaby Resources (ASX: CNB) announced new exploration results from the company’s Greater Duchess copper gold project in Mt Isa, Queensland.

Carnaby Resources declared a new high-grade discovery at Duchess based on a single RC drill hole targeting an off hole conductor from a previous downhole EM survey in the area.

The company said the new hole intersected a “high-grade discovery” on the Duchess Central Lode immediately west of the Duchess Mine Lode, which averaged 12.5 per cent copper at the turn of the century and was one of the main copper mines in the entire Mount Isa district from circa 1900-1930.

Results included:

DCRC006
10 metres at 3.3 per cent copper and 0.1 grams per tonne gold, including 4m at 7 per cent copper and 0.05g/t gold.

“At Duchess, while it is early days, the new high-grade discovery is encouraging as it lies immediately west of the extremely high-grade Duchess Mine Lode,” Carnaby Resources managing director Rob Watkins said in the company’s ASX announcement.

Carnaby Resources also completed a detailed drone magnetic survey over the project’s Mount Hope Mining Lease where no detailed magnetic surveys have previously been recorded.

The drone survey highlighted several new untested magnetic high targets which are being evaluated prior to drill testing.

The company considers the magnetic highs to likely be a direct result of magnetite or pyrrhotite alteration and mineralisation.

“Mount Hope Central continues to impress with exceptional new drill results from outside of the existing Mineral Resource and new targets generated from a recent drone survey,” Watkins said

“Plans are afoot for a major drilling program to commence soon.”

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Golden Mile Resources Investigation Reveals Quicksilver Cobalt Potential

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THE DRILL SERGEANT: Golden Mile Resources (ASX: G88) has been investigating high-grade cobalt results achieved from Stage Three Metallurgical testwork undertaken at the company’s 100 per cent-owned Quicksilver nickel-cobalt deposit near Lake Grace in Western Australia.

Golden Mile Resources has been reassessing its project portfolio, with priority on the Quicksilver Mineral Resource Estimate (MRE).

The company completed a high-level geological review, which included data validation and reinterpretation of the project.

This work is in its advanced stages and results deemed critical by the company in in any advancement to next phases of drilling at Quicksilver.

The geological reinterpretation is providing Golden Mile with insight into the potential controls on both the nickel and cobalt mineralisation.

Efforts thus far have identified a high-grade cobalt domain within the existing cobalt Mineral Resource.

Stage Three metallurgical testwork has demonstrated this high-grade cobalt domain may be amenable to upgrading via wet scrubbing, screening, and gravity separation, with concentrate grades of up to 0.85 per cent cobalt achieved.

“The upgrading of the cobalt has the potential to provide an additional high-grade concentrate to Quicksilver which is separate to the high-grade nickel bearing vermiculite and the magnetite iron concentrates,” Golden Mile Resources managing director Damon Dormer said in the company’s ASX announcement.

“The cobalt domain is extensive and with it positioned on the interface of upper and lower saprolite horizons means it effectively sits at the top of the nickel laden saprolite.

“The ability to domain this zone for the updated Mineral Resource Estimate (MRE) will enable the value of this concentrate to be captured in the scoping study.

“The metallurgical testwork is showing that cobalt containing minerals within certain size fractions can be preferentially separated to a gravity concentrate.

“While there is more work to do there is the opportunity that this cobalt rich domain could be mined in conjunction with the nickel laden saprolite with separation into the concentrates occurring in the plant.

“The separation of a high-grade cobalt concentrate should effectively have minimal additional mining cost as the cobalt rich zone is mined on the way to the high-grade nickel zones below.

“Should a simple gravity separation step prove effective the recovery of a high grade cobalt concentrate would be expected to incur only an incremental processing costs.

“The value of additional high-grade concentrates cannot be understated in insulating the project from adverse market conditions and it’s on the back of excellent geological and metallurgical work that has been carried out over the previous 12 months.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Great Boulder Resources Hits High-Grade Gold in First Saltbush RC Drilling

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THE DRILL SERGEANT: Great Boulder Resources (ASX: GBR) scored encouraging results from drilling carried out late 2023 at the company’s Side Well gold project near Meekatharra in Western Australia.

Great Boulder Resources carried out surveys over the 14 kilometres Ironbark corridor before commencing a drilling campaign entailing five Reverse Circulation (RC) and five aircore (AC) holes at the Saltbush prospect.

Assays received for the RC drilling have confirmed high-grade gold mineralisation at Saltbush, returning results that included:

23SBRC002
9 metres at 5.2 grams per tonne gold from 15m, including 5m at 7.42g/t gold from 18m; and

23SBRC003
3m at 2.54g/t gold from 36m.

The result in 23SBRC002 is adjacent to an intersection reported by a previous owner, Esso Exploration and Production Australia Inc in 1986.

Great Boulder said the drilling indicates a similar geological setting to the Ironbark deposit (100koz @ 3.3g/t gold) with Saltbush one of many untested prospects along the +14km Ironbark corridor.

“We have been looking forward to drilling the Saltbush prospect for a long time, since we first took rock chip samples there in October 2022 and then found the nearby Esso RC drilling recorded in an old annual report from 1986,” Great Boulder Resources managing director Andrew Paterson said in the company’s ASX announcement.

“As a result it’s exciting to get confirmation of high-grade, shallow gold mineralisation in our second hole.

“We now have an AC drilling program underway in the same area, with 5,000m planned before we take a break to compile results and plan the next stage of drill testing.

There are a lot of highly prospective targets along the Ironbark corridor so we’re anticipating a lot of ‘new’ news-flow in the coming months.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Latin Resources Makes Third Salinas Lithium Discovery

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THE DRILL SERGEANT: Latin Resources has claimed a third major spodumene discovery within the company’s 100 per cent-owned Salinas lithium project in Brazil.

Latin Resources reported it has received high- grade assay results confirming the discovery at the Planalto prospect.

Assays received have supported the presence of coarse grained spodumene previously observed in drillhole SADD223 with 32.94 metres of intercepts (cumulative) encountered.

Highlights include:

SADD223:
9.25 metres at 1.21 per cent lithium oxide (Li2O) from 395.29m; and

16.14m at 1.29 per cent Li2O from 425m, including 7.14m at 1.63 per cent Li2O from 434m

“I am extremely excited by the progress we have made to date,” Latin Resources managing director Chris Gale said in the company’s ASX announcement.

“This past year has been a transformative period for our company.

“We have achieved significant milestones that not only reflect our commitment to excellence but also underscore our potential for future growth.

“2023 was a busy year for our Brazilian exploration team, resulting in a series of major upgrades and increases to our Mineral Resource of now over 70 million tonnes.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Great Southern Mining Hits New Southern Star Mineralisation Zone

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THE DRILL SERGEANT: Great Southern Mining (ASX: GSN) reported assay results from RC drilling conducted in late-2023 at the Southern Star prospect, part of the company’s 100 per cent-owned Duketon gold project in Western Australia.

Great Southern Mining said the drilling has extended the down dip extent of the main zone of mineralisation at Southern Star, which currently extends over a 700-metre strike to a depth of around 160 metres below surface.

New zones of high-grade gold mineralisation detected up to 1.2 kilometres north of Southern Star along the same magnetic high trend where limited historical, shallow drilling has been carried out.

Intercepts include:

23SSRC010
13 metres at 2.16 grams per tonne gold from 57m, including 3m at 4.39 g/t gold; and

23SSRC008
3m at 4.33g/t gold from 127m, including 1m at 9.94g/t gold.

The Southern Star main zone mineralisation was also extended at depth with further high-grade gold intercepts including:

23SSRC004
2m at 2.74g/t gold from 126m and 13m at 2.52g/t gold from 144m, including 4m at 6.91g/t gold; and

23SSRC002
3m at 1.93g/t gold from 76m and 9m at 3.66g/t gold from 159m, including 6m at 4.63g/t gold.

“This was a small, but targeted drilling program aimed at testing depth extensions and distal targets to the main zone of gold mineralisation already defined at Southern Star,” Great Southern Mining managing director Matthew Keane said in the company’s ASX announcement.

“We are particularly excited about the new zones of mineralisation detected to the north.

“This opens the potential for gold mineralisation along a line of strike some 1.5 kilometres from Southern Star to the tenement boundary with Regis Resources.

“The company is poised for an exciting year of drilling at the Duketon gold project with high-grade drill intercepts to be followed up at the Southern Star, Golden Boulder and Amy Clarke prospects.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE