Middle Island Resources Prepares Satellite Gold Resources

THE DRILL SERGEANT: Middle Island Resources (ASX: MDI) reported maiden Mineral Resource estimates for the Plum Pudding and Old Town Well satellite gold deposits, located within the company’s wholly-owned Sandstone gold project in Western Australia.

The Plum Pudding and Old Town Well maiden estimates follow completion of a Phase 2 infill and extension drilling program, part of Middle Island’s exploration and resource definition drilling campaign focussed on the definition of additional open pit Mineral Resources prior to their inclusion for assessment as Ore Reserves in the Sandstone 2020 feasibility study (FS).

The Plum Pudding Resource has come in at 419,000 tonnes at 1.1 grams per tonne gold for 14,100 ounces of gold.

Old Town Well has been estimated at 351,000 tonnes at 0.9g/t gold for 10,100 ounces of gold.

The two satellite open pit deposits add a further 24,200 ounces of gold to the Sandstone project with over 90 per cent of the new resource classified in the Indicated category.

Plum Pudding and Old Town Well represent the first two of five new satellite open pit deposits quantified by Middle Island’s 2020 drilling campaign.

“Mineral Resources comprising the Plum Pudding and Old Town Well open pit satellite deposits increase total Sandstone project Mineral Resources to 692,000 ounces of gold and will make a meaningful contribution to the current feasibility study,” Middle Island Resources managing director Rick Yeates said in the company’s announcement to the Australian Securities Exchange.

“The deposits will now be optimised and mine designs prepared to determine Ore Reserves likely to contribute to the Feasibility Study.

“Pending receipt of final resource definition samples backlogged in the assay laboratory, we look forward to finalising the remaining deposit estimates, being extensions to Goat Farm and Twin Shafts, and maiden estimates for the new Ridge, McClaren and McIntyre satellite deposits.”

 

 

Email: info@middleisland.com.au

 

Web: www.middleisland.com.au

 

 

Antipa Minerals Commences Drilling at Minyari Dome

THE DRILL SERGEANT: Antipa Minerals (ASX: AZY) has begun diamond and air core drilling programs at the company’s wholly-owned Minyari Dome project in the Paterson Province of Western Australia.

Antipa Minerals anticipates completing up to 3,800 metres of diamond drilling with the aim of potentially increasing the size and grade of both the Minyari and WACA deposits, which combined host high‐grade JORC 2012 Mineral Resource Estimates (MREs) of 732,000 ounces gold at 2 grams per tonne and 26,000 tonnes of copper at 0.24 per cent.

A 3,000m program of air core drilling will test the potential of 2019 GAIP Survey chargeability (and resistivity) high priority targets, potentially related to gold and copper sulphide bearing mineral systems.

Targets within the areas of interest have had limited to no prior direct drill testing.

While the diamond drill rig is at the Minyari Dome project, Antipa will take the opportunity to also drill test the Judes copper, silver and gold deposit, to evaluate the style and shoot controls for the previously identified high‐grade mineralisation, which remains open down dip/plunge, along strike and potentially across strike.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Web: www.antipaminerals.com.au

 

Azure Minerals Drilling at Andover Nickel-Copper Project

THE DRILL SERGEANT: Azure Minerals (ASX: AZS) has commenced diamond drilling on the Andover nickel-copper project (60% Azure / 40% Creasy Group), located in the West Pilbara region of Western Australia.

Azure Minerals began a multi-phase exploration campaign at Andover last month, comprising geophysical surveys and drilling that involves a FLTEM surveying over 10 separate target zones; an initial 12-hole, diamond core drilling program on defined targets; and downhole EM (DHEM) surveying of drill holes.

The diamond drilling has kicked off, with the first six holes focused on testing along strike and downdip extensions of semi-massive and disseminated sulphide-hosted high-grade nickel mineralisation that was intersected pre-Azure signing on at Target Locations 1 and 2.

Additional drill holes are planned to test several other, as yet undrilled, geophysical anomalies.

All drill holes will be surveyed by DHEM to identify off-hole conductors, which will be followed up by further drilling.

“We’re very pleased to get our first drilling program at Andover underway so quickly, in what is a target-rich environment for nickel and copper sulphide mineralisation,” Azure Minerals managing director Tony Rovira said in the company’s announcement to the Australian Securities Exchange.

“Azure has hit the ground running with the initial six-week program of ground EM surveying now completed and our first drill program underway.

“The ground EM surveying has identified numerous electromagnetic conductors indicative of bedrock-hosted sulphide mineralisation and drilling of these new anomalies will be undertaken as a matter of high priority.

“Drilling will continue through to the end of the year, with first assay results expected later this month.”

 

Web: www.azureminerals.com.au

Bellevue Gold Hits More High-Grade Gold on Road to Resource Upgrade

THE DRILL SERGEANT: Bellevue Gold (ASX: BGL) jumped out of the blocks this morning to announce that extensional and infill exploration drilling at the company’s Bellevue gold project in Western Australia has intersected high-grade mineralisation both outside and within the existing know Resource boundary.

Bellevue Gold’s current drilling approach includes infill drilling to upgrade the Indicated Resource later in the December quarter and the resumption of exploration step out drilling at the project.

Step out drilling at the Deacon Lode has resulted in three new extensions to the known mineralisation.

The recent drilling, up to 200m along strike on the Deacon lode, encountered mineralisation in previously untested locations in the central and northern areas.

Results include:

DRDD466
9.3 metres at 5.8 grams per tonne gold from 757.3m;

DRDD495
1.4m at 63.2g/t gold from 434.9m; and

DRDD487
3.5m at 10.6g/t gold from 387.5m.

Infill drilling undertaken at Deacon North also returned multiple intersections, including:

DRDD456W6
5.1m at 7.8g/t gold from 626.1m;

DRDD456W7
1.6m at 89.4g/t gold from 629.5m;

DRDD456
3.7m at 8g/t gold from 636.3m; and

DRDD456W5
2.5m at 11.5g/t gold from 660m.

Drilling on the Bellevue Lode focussed on targeting high-grade extensions to mineralisation returning intersections from areas away from existing stoping and near underground development.

Results include:

DRDD456W1
4.6m at 34.8g/t gold from 241.8m;

DRDD505
6.1m at 14.5g/t gold from 457.5m;

DRDD496
3.7m at 26.2g/t gold from 372.3m;

DRDD456W2
0.7m at 163.2g/t gold from 245.9m; and

DRDD459
3m at 14.5g/t gold from 319.2m.

“We have hit more high-grade mineralisation in previously-untested areas,” Bellevue Gold managing director Steve Parsons said in the company’s announcement to the Australian Securities Exchange.

“These results extend the known limits of the mineralisation.

“At the same time, our infill drilling continues to return strong results which should help drive an increase in the Indicated Resource.

“This all points to a larger overall mineralised envelope with more gold in the high-confidence Indicated category, which in turn gives us even greater scale while continuing to de-risk the project.”

Bellevue Gold indicated its drilling is on track to deliver a further increase in the Indicated Resource in the December quarter, with Stage Two infill drilling to upgrade more of the Resource, which currently stands at 2.3 million ounces at 10g/t gold (860,000oz at 11.6g/t Indicated and 1.4Moz at 9.2g/t Inferred).

 

Email: admin@bellevuegold.com.au

 

Web: www.bellevuegold.com.au

 

RareX Infill Drilling Hits High-Grades at Cummins Range

THE DRILL SERGEANT: RareX Limited (ASX: REE) reported on the first batch of assays it has received from a recently completed in-fill and extensional drilling program at the company’s 100 per cent-owned Cummins Range rare earths project in the Kimberley region of Western Australia.

RareX reported that assays from the first three Reverse Circulation (RC) holes have returned results above the current Inferred Resource for Cummins Range of 13 million tonnes at 1.13 per cent total rare earth oxide (TREO), including impressive widths and grades in both CRX0002 and CRX0003.

CRX0002
41m at 4 per cent TREO from 29m down-hole, including 29m at 5.2 per cent TREO from 29m, including 3m at 13.9 per cent TREO from 30m;
12m at 1.7 per cent TREO from 3m down-hole, including 3m at 4.8 per cent TREO; and
10m at 1.3 per cent TREO from 79m down-hole including 6m at 1.7 per cent TREO

CRX0003
36m at 4.6 per cent TREO from surface, including 3m at 25.1 per cent TREO from 15m down-hole;
11m at 1.8 per cent TREO from 50m down-hole, including 2m at 6.8 per cent TREO; and
5m at 1.3 per cent TREO from 86m down-hole including 1m at 4.1 per cent TREO

The in-fill drilling program was designed both to increase the confidence of the Resource from Inferred to Indicated category and to better define a higher-grade portion of the Resource.

“We could not have wished for a better start to our exploration campaign at Cummins Range,” RareX executive director Jeremy Robinson said in the company’s announcement to the Australian Securities Exchange.

“The objective of the recent program was to upgrade confidence levels in the current Resource, define a possible high-grade zone within the Resource and potentially increase the scale of the Resource.

“These first three holes have already gone a long way towards achieving these first two objectives, with the width and grade of the intercepts significantly exceeding our expectations.

“We are delighted with these initial results and look forward to updating the market on the balance of the assays as they come to hand.

“This drill program represents a major step forward in terms of adding value to the Cummins Range project and putting it on a clear trajectory towards development.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@rarex.com.au

 

Web: www.rarex.com.au

 

Genesis Minerals Encounters Continuous High-Grade Gold

THE DRILL SERGEANT: Genesis Minerals (ASX: GMD) reported results from an ongoing Reverse Circulation (RC) drilling program underway at the Clark deposit, part of the company’s recently expanded 100 per cent-owned Ulysses gold project in Western Australia.

Reverse Circulation drilling by Genesis has confirmed the presence of extensive gold mineralisation at surface at the Clark deposit with results including:

20USRC487
26 metres at 2.41 grams per tonne gold from 24m;

20USRC488
23m at 0.72g/t gold from 37m, including 6m at 1.32g/t gold from 50m;

20USRC495
30m at 0.55g/t gold from 0m, including 5m at 1.06g/t gold from 0m;

20USRC496
5m at 2.55g/t gold from 0m;

20USRC496
8m at 3.47g/t gold from 21m; and

20USRC524
11m at 2.94g/t gold from 112m, including 2m at 14g/t gold.

The high-grade intercept in 20USRC524 is located approximately 50m down-dip of the current Resource boundary at Clark.

Genesis has now completed approximately 95 holes of Resource confirmation drilling at the Admiral, Clark and Butterfly deposits, which have a combined Mineral Resource of 4.6 million tonnes at 1.7g/t gold for 246,000 ounces.

“Our maiden drilling program across the Kookynie tenements is continuing to hit the mark, with a series of impressive shallow gold intercepts in the initial drilling at the 31,000 ounces Clark deposit supporting and validating the historical drilling data which was used to underpin the current Mineral Resource Estimate,” Genesis Minerals managing director Michael Fowler said in the company’s announcement to the Australian Securities Exchange.

“As with the Admiral results that we reported earlier this month, the first results from the Clark drilling have clearly established the presence of a consistent zone of shallow and continuous gold mineralisation within the current Mineral Resource envelope.

“It is not often that you see such broad widths of strong gold mineralisation so close to surface in WA, and this gives us additional confidence in the value proposition of the recently acquired Kookynie tenements – particularly given how close they sit to our existing Ulysses Resource base.

“The high-grade intercept returned in hole 20USRC524 strongly supports our interpretation that mineralisation will extend at depth in the Admiral-Clark-Butterfly area.

“This intercept is about 50 metres down-dip from the limits of the June 2020 Mineral Resource and still only about 100 metres below surface, pointing to the substantial exploration upside at these deposits as we begin to step away from the known Mineral Resources.

“Drilling is continuing at Ulysses with two RC rigs, a diamond rig and an air-core rig, while Feasibility work is progressing on schedule.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@altometals.com.au

 

Web: www.genesisminerals.com.au

 

Alto Metals Continues High-Grade Gold Hits at Sandstone Project

THE DRILL SERGEANT: Alto Metals (ASX: AME) sharpened its credentials as a potential takeover target by releasing assay results from its latest phase of RC drilling targeting high-grade gold mineralisation beneath the Lord Nelson open pit and at the new Orion gold lode discovery, located 200m south of Lord Nelson, within the company’s Sandstone gold project in Western Australia.

The Orion Lode is the first new gold lode discovered, south of the Lord Nelson pit within the Lords’ corridor; which extends over 3 kilometres, with the Lord Nelson deposit at the north and the Lord Henry deposit to the south.

The current drilling program infilled the shallow portion of the Orion Lode confirming it remains widely open along strike, down dip and down plunge.

RC drill results show the presence of high-grade gold mineralisation within a much broader mineralisation envelope.

Drilling intercepts include:

SRC191
29 metres at 3.5g/t gold from 49m, incl.7m at 7.9g/t gold from 53m;

SRC205
13m at 3.3g/t gold from 83m, incl.2m at 8.8g/t gold from 85m;

SRC192
16m at 3.1g/t gold from 105m, incl.2m at 7.7g/t gold from 118m; and

SRC183
32m at 1.4g/t gold from 51m.

Step out drilling (80 metres) returned 7m at 2.7g/t gold from 155m, including 2m at 6.3g/t gold from 159m (SRC197), defining the Orion Lode over 300m.

Further step-out drilling (up to 80m) was carried out beneath the Orion Lode and Lord Nelson pit extending the high-grade mineralisation down dip and down plunge, including:

SRC184
32m at 2.5g/t gold from 223m, incl. 4m at 12.3g/t gold from 245m;

SRC209
7m at 4.6g/t gold from 209m, incl. 2m at 11.6g/t gold from 210m; and

SRC214
8m at 2.5g/t gold from 190m, incl. 2m at 7.8g/t gold from 194m.

Several high-grade intersections remain outside the current resource, awaiting close spaced drilling.

The drilling also confirmed Lord Nelson is a multiple lode high-grade gold system.

“We continue to be highly encouraged by the results from the Orion lode, which demonstrate excellent continuity of shallow, high-grade gold mineralisation,” Alto Metals managing director Matthew Bowles said in the company’s announcement to the Australian Securities Exchange.

“We have only just scratched the surface of this new lode and our focus is on the down dip and strike potential of Orion, which has all the hallmarks of being part of a much bigger system.

“The Orion Lode is considered to be a repeat lode of the Lord Nelson deposit and our geological modelling highlights the potential additional for Lord Nelson style repeat lodes along the Lords’ Corridor.

“It is a really exciting time for Alto with our next drilling program about to commence to follow up on these latest results.

“The 30,000 metres of drilling we have planned is the biggest drill program Alto has undertaken in a number of years and we are keenly anticipating ongoing results.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@altometals.com.au

 

Web: www.altometals.com.au

 

Dreadnought Resources Encounters Further Metzke’s Find High Grades

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) announced the results from eight of 17 RC holes drilled at Metzke’s Find, part of the company’s Illaara gold-VMS-iron ore project in Western Australia.

Dreadnought Resources reported the eight RC holes had all intersected the mineralised lode at Metzke’s Find and included the best intercept the company has achieved to date with results including:

MZRC019
4 metres at 19.9 grams per tonne gold from 45m, including 2m at 39.2g/t gold from 45m;

MZRC021
4m at 10.5g/t gold from 108m, including 3m at 13.8g/t gold from 108m; and

MZRC022
4m at 10.5g/t gold from 19m, including 2m at 20.7g/t gold from 19m.

The second batch of nine holes has been delivered to the lab with the company expecting results mid-October 2020.

The drilling was undertaken to follow up previously encountered high-grade gold intercepts at Metzke’s Find.

“Metzke’s Find continues to deliver high-grade intercepts with MZRC019 returning an approximate 80 gram metre intercept (Au grade x thickness), the best to date,” Dreadnought Resources managing director Dean Tuck said in the company’s announcement to the Australian Securities Exchange.

“We have now confirmed high-grade intercepts from around 20 metres to approximately 120 metres in depth and along 280 metres of strike.

“There are a further nine holes at the lab which will add further intercepts at depth and to the south.

“This is an exciting step forward for Metzke’s Find and Illaara in general.

“We are looking forward to the results from these nine holes as well as our first holes at Longmore’s Find and Black Oak.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@dreadnoughtresources.com.au

 

Web: www.dreadnoughtresources.com.au

 

Musgrave Minerals Confirms Break of Day High Grades

THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported on infill drilling at the Break of Day deposit at the company’s Cue gold project in Western Australia.

Musgrave Minerals received assay results for 18 reverse circulation (RC) drill holes from a recent infill program at Break of Day, which has confirmed a number of near surface extensions to the gold mineralisation at Break of Day on the Twilight and Velvet gold lodes.

Musgrave conducted the drilling to identify shallow extensions to the existing gold lodes and improve the confidence in the geological model.

The majority of this drilling was within the limits of the existing Break of Day resource estimate, however some intervals of high-grade gold were intersected outside the current resource.

High grades were encountered near surface including:

20MORC110
3 metres at 40 grams per tonne gold from 83m; and
9m at 3.1g/t gold from 30m

20MORC099
3m at 20.8g/t gold from 79m;

20MORC088
3m at 9.2g/t gold from 44m

20MORC082
2m at 13.3g/t gold from 39m;

20MORC090
9m at 5.6g/t gold from 106m, including 2m at 16g/t gold from 110m; and

20MORC079
2m at 5g/t gold from 15m.

“These are encouraging results and confirm the near surface gold potential on the Twilight and Velvet gold lodes,” Musgrave Minerals managing director Rob Waugh said in the company’s announcement to the Australian Securities Exchange.

“The identification of high-grade results outside the existing Twilight and Velvet geological model increases the upside potential and the possibility of additional, previously unidentified lodes being discovered.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@musgraveminerals.com.au

 

Web: www.musgraveminerals.com.au

 

Hammer Metals Co-Funded Drilling Hits REE Mineralisation

THE DRILL SERGAENT: Hammer Metals (ASX: HMX) reported assays from drilling carried out under a Queensland State Government Collaborative Exploration Initiative (CEI) funded diamond drilling program at the Koppany Copper – Copper and Rare Earth Element (REE) prospect.

Hammer Metals reported the drilling intersected broad zones of visible REE mineralisation (allanite) and multiple zones of stringer and semi-massive sulphide mineralisation.

Downhole EM has been conducted and processing of this data is underway.

“The REE diamond drilling program at Koppany conducted with the support of the Queensland Government’s Critical Minerals CEI confirmed the presence of broad zones of REE mineralisation as well as an adjacent zone of copper mineralisation,” Hammer Metals managing director Daniel Thomas said in the company’s announcement to the Australian Securities Exchange.

“These results are currently being compiled and reviewed to determine the next steps at this interesting prospect.

“The gold exploration review highlights the latent opportunity that exists within Hammer’s Mount Isa portfolio.

“With much of the region’s historic exploration focussing on base metal deposits, we have an opportunity to review these areas through a different lens and add quality exploration targets to the portfolio.

“The tenure that we have near the former Tick Hill mine has not been systematically explored and presents a unique opportunity for Hammer to continue progressing our efforts in advancing grass roots exploration concepts within the Mount Isa region.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@hammermetals.com.au

 

Web: www.hammermetals.com.au