Ausgold Drilling Intercepts High-Grade Gold

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THE DRILL SERGEANT: Ausgold (ASX: AUC) reported the latest assay results from a Reverse Circulation (RC) drilling campaign underway at the company’s 100 per cent-owned Katanning Gold Project (KGP) and surrounding tenement position in Western Australia.

Ausgold is conducting the drilling campaign with three main objectives in mind:

1) De-risk areas within the existing KGP mineral resource which are expected to comprise mining inventory in the early years of project operations.
2) Add to the existing resources at the KGP; and
3) Generate new gold mineralisation potential in the regional prospects surrounding the KGP.

Drilling at the Dingo target intersected zones of high-grade gold mineralisation, returning intercepts including:

BSRC1794
10 metres at 10.55 grams per tonne gold from 42m, including 2m at 50.57g/t gold from 43m;

BSRC1800
22m at 2.16g/t gold from 117m, including 14m at 3.03g/t gold from 123m; and

BSRC1793
11m at 2.8g/t gold from 49m, including 6m at 4.82g/t gold from 52m.

“The grade and width of the results from Dingo is particularly encouraging,” Ausgold executive chairman John Dorward said in the company’s ASX announcement.

“While Dingo has traditionally contributed a modest amount to the resource inventory at Katanning, these high-grade and shallow intercepts indicate the potential for a more meaningful contribution to the overall project from Dingo.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

New Murchison Gold Encounters Visible Gold in Crown Prince Drilling

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THE DRILL SERGEANT: New Murchison Gold (ASX: NMG) has been encouraged by what it has seen from recent diamond drilling undertaken at the Crown Prince gold project within the company’s Garden Gully gold project near Meekatharra, Western Australia.

New Murchison Gold is in the midst of drilling a series of deeper diamond holes targeting mineralisation down plunge from the south-eastern zone of mineralisation outside the current mineral resource estimate envelope.

Diamond hole NGGRCDD974 intersected a strong zone of alteration and shearing at 251.5m down hole which, New Murchison interpreted to be at the target zone.

At 252m an obvious zone, visible, vein hosted dendritic native gold was encountered.

The company acknowledged that assays were weeks away but couldn’t wait to get news out of the visual indications it said were highly encouraging, and material, in relation to the likely extension of the resource envelope.

“While we caution that assays are awaited from Diamond Hole NGGRCDD974 we are pleased to report the strong visual indications of mineralisation in a key extensional area for the Crown Prince resource,” New Murchison Gold CEO Alex Passmore said in the company’s ASX announcement.

“We look forward to further updating the market on the assay results and what the broader results are from this deeper drilling program.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Alice Queen Hits High-Grade Epithermal Gold in Fiji

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THE DRILL SERGEANT: Alice Queen (ASX: AQX) reported an encounter with high-grade epithermal gold mineralisation in its maiden drill hole at the company’s 100 per cent-owned Viani project in Vanua Levu, Fiji.

Alice Queen conducted the diamond drilling at the Dakuniba prospect to test high-grade low sulphidation epithermal gold mineralisation that has been previously mapped over an area of three kilometres.

24VDD001 intersected several zones of gold mineralisation from 103.5 to 166.88m (63.38m) returning best results of:

1.25 metres at 2.24 grams per tonne gold and 12.48g/t silver from 107.9m, including 0.5m at 4.77g/t gold and 24.8g/t silver; and

1.9m at 8.52g/t gold and 13.1g/t silver from 144.2m, including 0.7m at 17.6g/t gold and 12.32g/t silver.

“While it is too early to call this a ‘discovery’, it certainly seems to me that this has all the hallmarks of one,” Alice Queen managing director Andrew Buxton said in the company’s ASX announcement.

“Now that we have been able to replicate the high-grade gold hit that JICA made in the 90’s, with more than three kilometres of surface gold anomalism still to test within a large 200 square kilometres tenement area, and with drilling continuing on site, it feels like just a matter time before we can claim Viani as the ‘next big thing’ in the exciting and evolving story of gold mining in Fiji.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Meeka Metals Encounters New Turnberry South High-Grade Gold Zone

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THE DRILL SERGEANT: Meeka Metals (ASX: MEK) has identified a new zone of shallow high-grade gold at the company’s Murchison gold project in Western Australia.

Meeka Metals reported assays from this new zone it encountered on the western side of Turnberry South at the Murchison project.

Assays from the new gold zone include:

25TBGC012
21 metres at 5.13 grams per tonne gold from 51m, including 5m at 15.65g/t gold;

25TBGC011
18m at 3.61g/t gold from 83m, including 4m at 10.85g/t gold; and

25TBGC010
11m at 4.04g/t gold from 52m, including 1m at 22.5g/t gold and 2m at 7.46g/t gold.

The company considers the width of mineralisation and high-grade achieved by the recent drilling is likely to result in an expansion of the Turnberry South stage 1 open pit design.

The company also reports new assays from the high-grade eastern side of Turnberry South.

“We had not previously intersected this high-grade gold zone on the western side of Turnberry South due to the orientation of prior drilling,” Meeka Metals managing director Tim Davidson said in the company’s ASX announcement.

“We are now prioritising drill delineation along strike to incorporate into an expanded grade control model and updated stage 1 open pit design.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Warriedar Resources Achieves High Gold Recoveries at Windinne Well

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THE DRILL SERGEANT: Warriedar Resources (ASX: WA8) has been busy at the company’s Golden Range Project located in the Murchison region of Western Australia.

Warriedar Resources recently conducted metallurgical testwork in the form of bottle roll leach tests on recent Reverse Circulation (RC) drilling samples taken from the project’s Windinne Well gold deposit.

The company had the test carried out on five primary gold samples (fresh rock) extracted from the Windinne Well deposit.

The results demonstrated Windinne Well primary gold mineralisation to be free milling with excellent recoveries producing an average gold recovery of 98.2 per cent, with the best result up to 99.8 per cent.

Last year, Warriedar commenced evaluating other deposits within the Golden Corridor aside from its main focus of the Ricciardo deposit.

 

Amanda Buckingham spoke with The Resources Roadhouse at the recent RIU Explorers Conference.

 

This resulted in identification of Mineral Resource growth potential from several deposits, including M1 and Windinne Well, Azure Coast and Bugeye.

This potential is set to be a key focus of Warriedar’s growth-focussed drilling at the Golden Range project during 2025.

“Warriedar’s main focus is growing its fresh rock gold resources at Golden Range, via both extension of existing deposits and targeted new discoveries along the shear,” Warriedar Resources managing director and CEO Amanda Buckingham said in the company’s ASX announcement.

“At almost one million ounces and growing, Ricciardo is our flagship deposit in this regard.

“However, we also hold other deposits within the ‘Golden Corridor’ that, by virtue of their possible free milling nature, possess the potential for more rapid, capital-lite commercialisation.

“Following our drilling and successful extension of it during 2023, and with an existing high-grade resource approaching 100,000 ounces (at 2.9 g/t Au) and further growth potential, Windinne Well is at the forefront of this complementary focus.

“We have recommenced drilling at Windinne Well, and we are excited to advance our evaluation of its potential for early mining and monetisation.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

TG Metals Acquires Advanced WA Gold Project

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THE DRILL SERGEANT: TG Metals (ASX: TG6) gave the market a shake this morning by announcing the acquisition of 80 per cent of the Van Uden gold project in Western Australia.

TG Metals struck a Sale and Purchase Agreement (SPA) with Montague Resources Australia Pty Ltd for the deal. Barto Gold Pty Ltd retains 20 per cent equity interest in the project.

The Van Uden project consists of four granted mining leases, three granted exploration licences and two miscellaneous licences (for haul roads).

The project lies to the west of the Mt Holland lithium mine, south of the operating Marvel Loch gold plant, and southeast of the Edna May gold plant, which is currently on care and maintenance.

There are two main areas of gold mineralisation in the acquisition tenement package, Van Uden Group and Gold City. These were identified by past exploration drilling by previous owners: Convergent Minerals (ASX: CVG) and Kidman Resources (ASX: KDR).

The project has historic a Minerals Resources Estimate (MRE). This estimate, however, was reported in JORC 2004 and are therefore not in accordance with the JORC Code 2012.

TG Metals will use the historical MRE to form the basis for further confirmatory drilling, extensional drilling and bulk density analysis to enable a JORC 2012 compliant MRE to be calculated.

“This strategic acquisition provides TG Metals with an advanced gold project with opportunities for near term cash flow, at a time of record prices for gold,” TG Metals CEO David Selfe said in the company’s ASX announcement.

“It is located very near to our existing Lake Johnston lithium deposits, which allows opportunities for operational synergies for both of TG’s projects.

“The Van Uden Gold Project has historically only been subject to shallow drilling, providing enormous exploration upside through testing the known mineralisation down dip along its entire plus 2,000 metres strike length.

“There are several near-term high priority opportunities, including defining a JORC 2012 mineral resource estimate from the extensive historical database, and assessing the viability of existing ore stockpiles for toll treatment.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Blackstone Minerals Reports New Visible Gold at Mankayan Copper Gold Project

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THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) reported identification of visible gold via a recently completed diamond drillhole at the Mankayan copper gold porphyry project in the Philippines.

Blackstone Minerals recently announced the intent to strike a merger of equals with IDM International that owns the Mankayan project that is situated in Northern Luzon in the Philippines.

 

Blackstone Minerals managing director Scott Williamson discusses the IDM merger with Wally Graham at the recent RIU Explorers Conference

 

A recently completed diamond drillhole at Mankayan identified visible gold located above the project’s main copper-gold porphyry system that is hosted within highly altered volcanic units that have historically been overlooked for assaying, presenting, what the company considers being, an untapped exploration opportunity.

“Following the recent announcement of Blackstone’s proposed merger with IDM, our technical team has been collaborating closely with the Mankayan team to chart a path toward unlocking the full potential of this exceptional project,” Blackstone Minerals managing director Scott Williamson said in the company’s ASX announcement.

“It’s incredibly exciting to see new exploration opportunities emerging already, such as the discovery of visible gold in zones that have not been historically targeted for assay.

“We eagerly anticipate finalising the merger with IDM so we can harness the collective expertise of our combined teams to drive forward the development of this world-class, high-grade copper-gold asset.

“The future for Mankayan is bright, and we are committed to realising its tremendous value.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Brightstar Resources Confirms Continuity of High-Grade Gold in Sandstone Drilling

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THE DRILL SERGEANT: Brightstar Resources (ASX: BTR) received final results from a recently conducted Reverse Circulation (RC) drilling program at the Lord Nelson deposit, located within the company’s consolidated Sandstone gold project in Western Australia.

The Lord Nelson deposit is just one part of the consolidated Sandstone gold project that hosts a current Mineral Resource Estimate (MRE) of 1.5 million ounces at 1.5 grams per tonne gold.

Brightstar Resources reported the results from the infill resource drilling targeting depth extensions have confirmed continuity of high-grade mineralisation within the optimised pit shell and extensions to mineralisation at depth adding potential for future upgrades of the current MRE.

The latest assay results received from the Lord Nelson deposit include:

LNRC25007
40 metres at 1.89 grams per tonne gold from 178m, including 15m at 3.07g/t gold from 196m;

LNRC25004
22m at 2.38g/t gold from 228m; and

SRC1032
22m at 2.05g/t gold from 216m.

“The results from our first drill program at the Lord Nelson deposit within our Sandstone Gold Project are significant, highlighting the continuity of the high-grade mineralisation and the robustness of the current mineral resource,” Brightstar Resources managing director Alex Rovira said in the company’s ASX announcement.

“Drilling is ongoing with the RC rig now at the Vanguard Camp, infilling key areas for future resource upgrades and targeting extensions to the high-grade Vanguard North deposit.

“This drilling represents the start of our exploration focus at Sandstone and with over 80,000 metres of total drilling planned for the year at our Sandstone Hub, we look forward to rapidly advancing these assets through systematic and sustained exploration and feasibility study workstreams.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Recharge Metals Kicks Off Brandy Hill South Copper Project IP Survey

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THE DRILL SERGEANT: Recharge Metals (ASX: REC) is conducting an Induced Polarisation (IP) orientation survey at the company’s 100 per cent-owned Brandy Hill South copper project, located in the Murchison region of Western Australia.

Recharge Metals has designed the survey with the aim of improving targeting confidence by detecting potential sulphide-rich zones associated with copper mineralisation.

The company explained the survey is following up previous drilling results that confirmed copper mineralisation within the project area.

Earlier results included:

33 metres at 0.97 per cent copper from 59m;
77m at 0.33 per cent copper from 209m;
52m at 0.45 per cent copper from 54m, including 1m at 1.11 per cent copper, 1m at 1.81 per cent copper and 1m at 1.72 per cent copper; and
22.5m at 1.02 per cent copper from 375.5m incl. 7.5m at 1.65 per cent copper.

“With strong results at Brandy Hill South, including 33 metres at 0.97 per cent copper, the commencement of this IP survey is an exciting step forward in our exploration efforts, and seeks to identify sulphide-rich zones that could host significant copper mineralisation,” Recharge Metals managing director Felicity Repacholi said in the company’s ASX announcement.

“The IP survey is a result of the technical review that was completed by Dr Steve Beresford and reported to the market on the 8th July 2024.

“Steve’s findings informed the formulation of a relatively simple low-cost work program to advance the project, including this survey.

“Copper is one of the key commodities in the global energy transition yet relatively few new projects have emerged in recent times.

“Should exploration be successful, we anticipate substantial interest in Brandy Hill South going forward.

“We are pleased to be undertaking work programs to advance our Brandy Hill South Project whilst we continue to progress work at our flagship Carter Uranium Project in the US, with plans to be drilling later in the year.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Mt Malcolm Mines Continues Gold Recovery From Golden Crown

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THE DRILL SERGEANT: Mt Malcolm Mines (ASX: M2M) has continued to make gold recovery advancements from the company’s bulk sampling program at its Golden Crown project in Western Australia.

Mt Malcolm Mines’ latest gravity processing results have provided further confirmation of the high-grade nature of the mineralisation, reinforcing its potential for near-term production.

Recent highlights include:

• 337 ounces (10,503 g) of gold doré recovered from 979 WMT (Wet Metric Tonnes) to date, with further processing ongoing.

• $1,342,062 revenue generated from doré sales to The Perth Mint, with doré purity ranging from 85.6 to 95.19 per cent gold.

• 49.9 ounces (1,554g) of gold doré recovered from 76 WMT of mineralised material in Batch B7D.

• 69.5 ounces (2,165g) of gold doré recovered from 91 WMT of mineralised material in Batches B7E and B7F.

• 19.3g/t and 22.4g/t Gravity-Recovered Gold (GRG) from Batches B7D and B7E-B7F respectively confirm high-grade gold mineralisation.

 

Mt Malcolm Mines managing director Trevor Dixon updates Wally Graham on progress at the RIU Explorers Conference

 

“The strong gravity gold recoveries continue to reinforce Golden Crown’s potential as a viable near-term production asset,” Mt Malcolm Mines managing director Trevor Dixon said in the company’s ASX announcement.

“With over 337 ounces of gold recovered to date and doré sales exceeding $1.34 million, we are building a solid foundation for future growth.

“These efforts position Golden Crown for long-term value creation.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE