Kasbah intersects high-grade tin at Achmmach

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THE DRILL SERGEANT: Kasbah Resources (ASX: KAS) reported the results of a recently-completed infill drilling program carried out over the Western Zone Shallow (WSZ) target, on the Sidi Addi Trend at the company’s Achmmach tin project in Morocco.

The company explained the drilling focussed on infilling the Mineral Resource the company announced in February 2014 and to define high wall stability for pit optimization studies.

Kasbah said the information the program has provided will enable conversion of the WZS resource to a higher classification to be integrated into a revised mine plan for the Achmmach DFS project cash flow model.

The drilling returned new, high-grade and shallow tin intercepts from drill holes WZGTD001 and WZGTD004, the latter encountering two intercepts of the best metal accumulations Kasbah has so far recorded over the WZS.

Best down hole intercepts include:

WZGTD004
3.9 metres at 4.21 per cent tin from 39.5m;

WZGTD004
3m at 1.12 per cent tin from 97m;

WZGTD001
14.2m at 1.35 per cent tin from 9.2m, including 5.9m at 2.32 per cent tin from 12.6m; and

WZGTD002

9m at 1.23 per cent tin from 23m, including 4.4m at 1.75 per cent tin from 24.8m.

“It is important to recognise that the Achmmach tin project encompasses two tin systems – the Meknes Trend and the Sidi Addi Trend,” Kasbah Resources managing director Wayne Bramwell said in the company’s announcement to the Australian Securities Exchange.

“Kasbah has drilled approximately 102,000 metre into the Meknes Trend and that system remains open.

“The parallel and prospective Sidi Addi Trend is, like Meknes, approximately 1.6 kilometres long and the tin mineralisation is of similar nature.

“The key difference with the Sidi Addi Trend is that it has had less than 6,000 metres of shallow drilling undertaken across it to date.”

Email: info@kasbahresources.com

Website: www.kasbahresources.com

IMX Resources confirms Chilalo graphite potential

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THE DRILL SERGEANT: IMX Resources (ASX: IXR) has claimed to have confirmed and expanded the graphite potential of the company’s Nachingwea Property, located in south-east Tanzania.

The claims follow the completion of initial geophysical analysis on VTEM survey data sets covering the majority of IMX’s 6,800 square kilometre tenement holding.

IMX said the VTEM analysis has confirmed the Chilalo prospect as the highest-priority graphite target within the broader Nachingwea Property, with the prospect being shown to be composed of multiple layers of interpreted graphite horizons ranging in thickness from 50 metres to plus-200m.

The company indicated it expects to be drilling at Chilalo in October 2014 to test the best targets, confirm the extent of the mineralisation, grades, flake size fractions and provide samples for metallurgical test work.

IMX said the VTEM analysis also identified the Chilalo North prospect, located to the north-east of Chilalo, which measures approximately 300m by 500m and is considered by the company to potentially host high-grade graphite mineralisation.

 

Chilalo targets generated from analysis of VTEM data. Source: Company announcement

 

Three rock chip samples collected from the Chilalo North prospect have been assayed, returning grades of 17.5 per cent, 17.6 per cent and 19.5 per cent carbon.

“Based on the success of this initial analysis, and in light of Nachingwea’s proximity to other high-grade graphite resources, we are very enthusiastic about the graphite potential of the Chilalo and Chilalo North prospects and the Nachingwea Property more broadly,” IMX Managing Director Gary Sutherland said in the company’s announcement to the Australian Securities Exchange.

“We look forward to getting an initial drilling program underway.”

The geophysical analysis followed up rock chip results IMX reported from Chilalo in July, where 65 rock chip samples returned grades of between 4.8 per cent and 29.6 per cent carbon, with an average grade of 12.9 per cent carbon.

A total of 41 rock chips returned grades of greater than 10 per cent carbon.

IMX has previously intersected graphite at the company’s Ntaka Hill project, 20km south-west of Chilalo, whilst targeting nickel sulphide mineralisation.

Email: info@imxres.com.au

Website: www.imxres.com.au

KGL Resources confirms Green Parrot Cu-Pb-Zn-Ag-Au

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THE DRILL SERGEANT: KGL Resources (ASX: KGL) has kept the market busy this week with further news from the company’s Jervois project in the Northern Territory.

The company followed its earlier announcement regarding drilling results from Cox’s Find to announce more high-grade drilling results, this time from the Green Parrot deposit.

The Green Parrot pit lies south of Marshall‐Reward, the location of the largest currently known Resource at Jervois.

KGL said drilling at the Jervois project has confirmed high-grade copper‐lead‐zinc‐silver‐gold mineralisation at Green Parrot, which has also extended the mineralised zone down dip.

 

Green Parrot cross‐section. Source: Company announcement

 

The latest interval also included the highest ever recorded gold grade at Green Parrot of 25.7 grams per tonne gold.

JOC176
6m at 8.55 per cent copper, 15.08 per cent lead, 10.95 per cent zinc, 679.7g/t silver, 4.87g/t gold from 48 m, including 3m at 12.38 per cent copper, 22.15 per cent lead, 16.78 per cent zinc, 963.3g/t silver, 1.01g/t gold from 49 m

JOC177
6m at 1.68 per cent copper, 4.30 per cent lead, 5.03 per cent zinc, 124.5g/t silver, 0.04g/t gold from 83 m

“These extraordinary intersections confirm the mineralisation at Green Parrot as both high grade and multi‐metal-copper, lead, zinc, silver  and gold, and are close  to the surface, strongly  indicating the potential for open pit mining,” KGL Resources managing director Simon Milroy said in the company’s announcement to the Australian Securities Exchange.

“They follow last month’s announcement of the highest grade copper ever recorded at Jervois along with very high silver (2m at 31.5% copper, 5.96% lead. 1.77% zinc, 1240g/t silver) from Hole JOC062 which lies approximately 100 metres to the north.”

“The results further expand and upgrade the extensive zone of high-grade mineralisation centred on the main Marshall‐Reward deposits and now extending from Morley in the north to Green Parrot in the south.

“These intersections come on top of other recent announcements of further high-grade drilling results to the south along the ‘J‐curve’ Jervois fold and are part of the six kilometre mineralised trend that extends from Bellbird to Reward and Morley.”

KGL explained that previous exploration at Green Parrot identified a number of high‐grade lead‐zinc‐copper resources that were partially mined from an open pit in the 1980’s.

As part of the recent extension drilling program by KGL two RC holes were drilled from the base of the Green Parrot pit to test the main lead‐zinc lens and to extend it down dip.

The two deepest historical holes on this section stopped short of the main lode.

KGL is of the opinion the high-grade mineralisation on this section has only been explored to approximately 60 metres vertically below the surface and considers this lode is still open down dip.

The company has determined to test this in its upcoming drill program.

JOC176 and JOC177 both intersected high-grade massive sulphide that over intervals contains in excess of 50% combined copper‐lead‐ zinc.

The mineralised zone in JOC176 also includes individual results of up to 25.7g/t gold and 1,055g/t silver.

“When you consider over 80 per cent of the historical holes at Green Parrot were not assayed for gold, and in many cases these were also not assayed for silver or zinc, the potential within the known mineralisation is yet to be fully realised,” Milroy said.

“These two holes conclude the results from the phase 2 drill program and we look forward to commencing the phase 3 drill program in September 2014.”

Website: www.kglresources.com.au

Rox hits wide copper intersection at Cannonball

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THE DRILL SERGEANT: Rox Resources (ASX: RXL) has received further encouragement from a recent Reverse Circulation (RC) drilling program at carried out at the Musket and Cannonball prospects.

The two prospects are located within the company’s 100 per cent-owned Fisher East nickel project, 500 kilometres north of Kalgoorlie in Western Australia.

The company said it is conducting the RC drilling in order to both define and delineate near-surface nickel sulphide mineralisation as part of a resource estimation on Musket.

The drilling is also following up previous nickel sulphide intercepts Rox has made at the Cannonball prospect.

 

Musket-Cannonball Long Section. Source: Company announcement

 

“This new RC result from Cannonball opens things right up,” Rox Resources managing director Ian Mulholland said in the company’s announcement to the Australian Securities Exchange.

“Prior to this we had several intersections of about one metre thick grading three to four per cent nickel, which was encouraging, but now this hole has intersected a three metre width of similar grade showing that potential down dip for a new high-grade zone of thicker mineralisation could be quite strong.

“Further drilling is obviously required, but we could be looking at another deposit right under our noses at Cannonball, which is a very exciting proposition.”

The latest nickel sulphide intersections include:

MFEC078
10 metres at 2.2 per cent nickel from 154m;

MFEC080
3m at 4.7 per cent nickel from 168m, including 2m at 6 per cent nickel.

Rox said it considers the latest results have demonstrated the emerging potential at Cannonball, indicating the current drill results complement previous results of:

MFEC049
5m at 2.3 per cent nickel from 158m; and

MFEC042
5m at 2 per cent nickel from 114m.

Email: admin@roxresources.com.au

Website: www.roxresources.com.au

KGL encounters copper at Cox’s Find

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THE DRILL SERGEANT: Exploration drilling carried out by KGL Resources (ASX: KGL) at the Cox’s Find prospect, located within the company’s Jervois project in the Northern Territory, has intercepted narrow high‐grade copper mineralisation.

The mineralisation was encountered below outcropping gossans to the south of previous drilling.

Highlighted intercepts included:

KJC062
3 metres at 2.57 per cent copper, 4 grams per tonne silver, 0.04 grams per tonne gold from 68m;

KJCD085
4m at 3.5 per cent copper, 12.6g/t silver, 0.03g/t gold from 127m; and

JOC131
2m at 2.16 per cent copper, 4g/t silver, 0.04g/t gold from 55m.

The Cox’s Find prospect is one of several copper prospects located within the ‘J‐shaped’ fold between the Bellbird and Marshall‐Reward resources at the Jervois project.

 

Plan of Jervois tenement and drill hole collar locations. Source: Company announcement

 

KGL commenced resource extension drilling at Jervois in September 2013, which has primarily targeted Marshall‐Reward and Bellbird.

Additional smaller drill programs were completed at the Cox’s Find, Green Parrot and Rock face prospects.

The company explained this drilling was designed to in‐fill and extend previous drilling to support maiden resource estimates that are scheduled for release in September.

Cox’s Find has been mined on a small scale with shallow workings following the line of copper occurrences in a ferruginous ridge.

Previous drilling identified two parallel mineralised zones coincident with SAM conductors, which extend to the northeast, which the company considers to have not been tested sufficiently by previous drilling.

Following geological mapping KGL has determined the Cox’s Find and Rockface prospects to be located on a mineralised trend extending from Bellbird to Reward, a distance of 5.5 kilometres.

KGL Resources managing director Simon Milroy said in the company’s announcement to the Australian Securities Exchange.

“These results are building our confidence in the continuity of mineralisation throughout the mine sequence from our northern tenement boundary around the ‘J shaped’ outcrop to north of Bellbird North.

“This makes the area between the southern end of Green Parrot and Cox’s Find, that is largely under cover and effectively untested, especially interesting.”

Website: www.kglresources.com.au

Kibaran upgrades Epanko Resource

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THE DRILL SERGEANT: Kibaran Resources (ASX: KNL) has announced an upgraded JORC 2012-compliant Mineral Resource for the company’s Epanko prospect in Tanzania.

The company released a total Indicated and Inferred Mineral Resource of 22.7 million tonnes grading 9.8 per cent total graphitic carbon (TGC), for just over 2.2 million tonnes of contained graphite.

 

Mineral Resource Estimate at 8% cut-off. Source: Company announcement

“The Kibaran Board of Directors is extremely pleased with this outcome, as it not only confirms the confidence shown in drilling results released over the past months but has delivered a result over and above our internal expectations,” Kibaran Resources executive director Andrew Spinks said in the company’s announcement to the Australian Securities Exchange.

“It places Kibaran in good stead to become a key producer and supplier of premium quality graphite to the sophisticated European market and to that end, the company is now actively pursuing a second off-take agreement for the Epanko project.

“Kibaran is in discussion with a number of industrial groups in both Europe and North America in this respect.”

Kibaran said the new Indicated Mineral Resource estimate gives it the basis to revise its ‘Terms of Reference’ for the Epanko scoping study.

The updated study will evaluate the production parameters on up to 40,000 tonnes per annum.

The company said the indicated resource estimate allows for a study based on an expansion to 100,000 tonnes per annum of natural flake production subject to future market demand increases.

At this stage the revised scoping study is well advanced and is expected to be announced by the end of August.

Email: info@kibaranresources.com

Website: www.kibaranresources.com

West African Resources hits extension of Mankarga 5

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THE DRILL SERGEANT: West African Resources (ASX: WAF) has reported further high-grade gold results from oxide resource definition drilling at the company’s Mankarga 5 deposit in Burkina Faso.

WAF said the step-out oxide drilling has intercepted the Mankarga 5 structure 500 metres northeast of the existing resource on sections NE1400 and NE1500 and remains open to the northeast.

The company anticipates these drill results will expand the resource in the next update, which is planned for completion in the December quarter.

Results from the ongoing program include:

TAC0398
8 metres at 1.77 grams per tonne gold from 16m on NE1500;

TAC0413
17m at 1.07g/t gold from 8m on NE1400 ending in mineralisation; and

TAC0415
13m at 2.39g/t gold from 4m, including 4m at 6.21g/t gold on NE1400, also ending in mineralisation.

“Further drilling has been completed in the central portion of the deposit, tightening up geology around mineralised zones,” West African Resources said in its ASX announcement.

“These drill results will improve grade and category in the resource update planned for the December quarter.”

 

Mankarga Cross-Section NE0300. Source: Company announcement

 

Other results from the ongoing program include:

TAC0439
21m at 1.22g/t gold from 4m on NE0700;

TAC0443
21m at 1.39g/t gold from 7m on NE0500;

TAC0448
29m at 1.06g/t gold from surface on NE0300;

TAC0449
24m at 1.42 g/t gold from 7m on NE0200;

TAC0453
33m at 1.7g/t gold from 1m, including 6m at 3.24g/t gold on SW0050;

TAC0455
15m at 3.33g/t gold from 22m, including 4m at 9.97g/t gold on NE0050; and

TAC0456
9m at 4.26g/t gold from 13m, including 3m at 10.98g/t gold on NE0300.

The company recently released a results of a Scoping Study for Mankarga 5, which demonstrated it to be a low capital cost and high margin robust heap leach starter project.

Email: info@westafricanresources.com

Website: www.westafricanresources.com

Impact extends Commonwealth drilling

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THE DRILL SERGEANT: Impact Minerals (ASX: IPT) has taken the decision to carry out a further 500 metres of RC and diamond drilling in the maiden drill program being conducted at the company’s 100 per cent-owned Commonwealth project, located near Orange in New South Wales.

Impact Minerals explained the decision came after earlier drilling had encountered indications of sulphide mineralisation.

The drill program is testing a number of targets Impact had identified as being prospective for high-grade gold-silver base metal mineralisation at the project’s Main Shaft, Commonwealth South and Silica Hill prospects as well as the Coronation Trend.

A total of 1,800m of drilling has been completed so far, although progress has been hampered by excessive water flow in a number of RC holes that prevented them reaching target depth.

These holes are being completed by diamond drilling, which the company explained is slower than RC drilling.

“The sulphide mineralisation intersected in the drill holes shows a good correlation with Induced Polarisation anomalies identified by Impact in a small ground geophysical survey over Main Shaft Commonwealth South and Silica Hill,” the company said in its ASX announcement.

“These anomalies are open along strike both to the north and south.

“Accordingly it is planned to extend the survey in both directions.

“In addition, given the correlation of the IP anomalies with sulphide mineralisation, further survey lines are warranted along the Coronation Trend and the Doughnut prospect where significant soil geochemistry anomalies indicate potential for disseminated sulphide mineralisation associated with copper-gold skarn and porphyry copper-gold deposits.

“The IP surveys are planned for September.”

Impact has completed down-hole MMR (SAM) and EM surveys on the first two diamond drill holes.

The company said the initial indications are that the MMR technology has identified mineralisation at Main Shaft and Commonwealth South, adding the technique had demonstrated promise for the identification of new targets at depth.

Interpretation of the data is in progress with first assay results are expected shortly.

Email: info@impactminerals.com.au

Website: www.impactminerals.com.au

Flinders encounters high-grades at PIOP

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THE DRILL SERGEANT: Flinders Mines (ASX: FMS) has encountered high-grade and near surface hematite mineralisation during recent new drilling being undertaken at the company’s wholly-owned Pilbara iron ore project (PIOP) in the Pilbara region of Western Australia.

Infill drilling currently underway at the PIOP’s Blackjack deposit, has intersected high-grade mineralisation.

To date, 145 holes have been drilled in Blackjack as part of the current program.

Assays have now been received for 90 of these holes with 41 of them intersecting detrital iron mineralisation in excess of 60 per cent iron with low levels of silica and alumina.

 

Location of the Blackjack deposit within the broader Pilbara iron ore project (PIOP). Source: Company announcement

 

Flinders said the recent intersections are some of the highest grade iron results the company has received from the PIOP from more than 3,600 holes drilled at the project to date.

A number of the new results are also outside existing pit designs, which had been defined during the project’s Pre-Feasibility Study.

Highlights include:

HPRC0444
34 metres of 60.8 per cent iron from 22m downhole, including 16m of 65.4 per cent iron from 30m;

HPRC0446
30m of 63.2 per cent iron from 32m downhole, including 14m of 65.4 per cent iron from 38m;

HPRC1509
24m of 63.3 per cent iron from 8m downhole, including 12m of 65.3 per cent iron from 18m; and

HPRC1522
18m of 61.8 per cent iron from 8m downhole.

Flinders said a number of holes located primarily at the ends of drill lines, also intersected bedded iron mineralisation.

These include:

HPRC0458
22m at 57.9 per cent iron, 3 per cent silica, 2.9 per cent alumina, 0.12 per cent phosphorous and 10.3 per cent loss of ignition (LOI) from 2m below surface; and

HPRC0488
12m at 58.6 per cent iron, 4.8 per cent silica, 2.2 per cent alumina, 0.10 per cent phosphorous and 8.7 per cent LOI from 32m.

“This mineralisation remains open and is adjacent to targets previously identified for bedded iron mineralisation in the hills surrounding the Blackjack deposit,” Flinders said in its ASX announcement.

“The location and nature of both styles of mineralisation supports the company’s exploration targets to the south of the Blackjack resource.

“The exploration targets have not been updated to comply with the 2012 JORC Code on the basis that the information has not materially changed since it was last reported.

The potential quantity and grade is conceptual in nature, and there has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource.”

Flinders indicated it has further drilling planned over the next month to test for further high-grade mineralisation adjoining the Blackjack Resource and other targets within the PIOP.

Email: info@flindersmines.com

Website: www.flindersmines.com

Hi Ho, Hi Ho, it’s off to work we go

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THE DRILL SERGEANT: Each week any number of junior exploration plays set out to drill their ground. Here’s a small selection of what’s been happening this week.

Commencement of multi-stage drilling program

Excelsior Gold (ASX: EXG) is about to kick off a multi-stage development and exploration drilling program at the company’s Kalgoorlie North gold project.

The company said the drilling program forms a critical part of its feasibility study to deliver high-grade open pit ore to the Paddington Mill under a recently-announced milling arrangement.

The drilling program is designed to:

Increase reserves within and around existing resources to help determine final open pit designs;

Extend known resources with a high probability of economic potential;

Explore for high grade plunge repetitions to the South of the known gold mineralisation at Zoroastrian;

Collect geotechnical information in order to optimise open pit designs; and

Undertake first pass drilling over a number of exploration targets generated from fluid flow and HyVista modelling.


Drilling to commence at Pencil Hill

Bisan Limited (ASX: BSN) has been advised a diamond drill rig is expected to commence drilling at the Pencil Hill prospecting licence in Botswana this week.

The program will entail drilling two diamond holes to a depth of 200 metres each to test for graphite and is expected to take at least two weeks and a further three weeks to prepare and send the samples to an independent laboratory for analysis.

Subject to the results of these two drill holes, Bisan can purchase a 30 per cent interest in the Pencil Hill PL.

If Bisan proceeds with the purchase, then it will also have a first right of refusal to increase its pre-IPO holding in Pencil Hill to 51 per cent.

Classic commences deep drilling

Classic Minerals (ASX: CLZ) has commenced a deep drilling program at the company’s Fraser Range tenement.

The drilling is to focus on four targets in the company’s hot zone’, centred on its A17 discovery, which is just 60kms from Sirius Resources’ Nova and Bollinger deposits.

The drilling program is based on the results from a high power Sub Audio Magnetics (SAM) Fixed Loop electromagnetic (FLeM) survey carried out in May, which identified a conductor 1km long, interpreted to extend from 40m to at least 500m depth below existing drilling at prospect A17, which intersected zinc and copper mineralisation.

A further three conductors were identified at depth, which extended the conductive target ‘hot zone’ in the area to over 8km in strike.

Two of the new deep targets are along strike from the Alpha copper deposit.

“We’re backing our own judgment, supported by the results of our geophysical survey work and shallow drilling to date, that we’re right in exploring to the north of the proven Sirius discoveries, although most other activity in the area is to the south and west of Sirius,” Classic Minerals managing director Justin Doutch said.

“We’ve made two potentially significant discoveries – Alpha copper deposit and Mammoth nickel-copper deposit– the only new discoveries in the Fraser Range region last year – which indicate we’re in the right spot.

“Now we’re looking for good results in the new conductors at depth to confirm our interpretation of our work to date.”