Encounter Resources Intersects Mineralised Carbonatites at West Arunta

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THE DRILL SERGEANT: Encounter Resources (ASX: ENR) reported drilling news from the company’s 100 per cent-owned Aileron critical minerals project in the West Arunta region of Western Australia.

Encounter Resources recently completed three diamond drill holes (EAL001, EAL007 & EAL008) that intersected the Elephant Island Fault at the Crean and Hoschke (formerly Worsley) targets with all hitting niobium-REE mineralised carbonatites.

The three holes cover a strike extent of 3.5 kilometres.

The company reported mineralised carbonatite remains open to the east and west and is increasing in width to the east.

The first diamond hole (EAL001) was completed at Hoschke and intersected a niobium-REE mineralised carbonatite which returned an assay result from a 24.8m interval of

16 metres at 0.6 per cent dinitrogen pentoxide (N2O5) and 0.2 per cent total rare earth oxide (TREO), including 402ppm neodymium and praseodymium (Nd+Pr) from 350m.

Two further RC pre-collars and diamond holes (EAL007 & EAL008) were completed at Crean, stepping out a further 2km and 3.5km to the east of EAL001.

“The West Arunta continues to emerge as a critical minerals province with the intersection of mineralised carbonatites in three drillholes over a strike length of 3.5 kilometres at Aileron,” Encounter Resources managing director Will Robinson said in the company’s ASX announcement.

“The first hole at Aileron, EAL001, was targeting a high amplitude magnetic anomaly, which it successfully intersected, before also intersecting a niobium-REE bearing primary carbonatite dyke.

“We were able to get structural measurements from the dyke to confirm it was striking east-west so two additional holes were drilled along the Elephant Island Fault to the east at Crean.

“Both holes contain zones of shallow oxidised and fresh carbonatite that returned anomalous niobium-REE on a handheld pXRF and the carbonatite units appear to be increasing in width to the east.

“Systematically testing the Elephant Island Fault for further zones of near surface, enriched mineralisation is a priority objective for the upcoming RC program.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Latin Resources Confirms New Salinas Lithium Corridor

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THE DRILL SERGEANT: Latin Resources (ASX: LRS) reported news from regional exploration activities at the company’s 100 per cent-owned Salinas lithium project in Brazil.

Following a recent Mineral Resource Estimate (RE) update, Latin Resources is working to expand the project’s existing Colina deposit footprint via extensional diamond drilling programs to the southwest of the Colina deposit and at several regional target areas with eight diamond drilling rigs active on site.

Latin Resources said drilling has intersected spodumene rich pegmatites from multiple diamond drill holes, at two separate locations within the company’s prospective lithium corridor, from which assay results are pending.

Latin declared the drilling had confirmed an extension of the ‘Colina pegmatite system’ from drill testing of a ‘blind’ geophysical target, 560 metres to the southwest of the Colina, where three of four holes completed to date encountered shallow east dipping, course grained spodumene rich pegmatites, again from which assay results are pending.

Diamond drilling is underway on an initial 4,000m drilling program at the new Colina SW and Fog’s Block targets.

“These are significant new discoveries by the Salinas exploration team, demonstrating our strong understanding of the regional controls to mineralisation within our district,” Latin Resources vice president of operations – Americas Tony Greenaway said in the company’s ASX announcement.

“These latest drilling intersections validate our regional interpretation of a large, mineralised pegmatite system potentially extending up to 26 kilometres to the southwest of our flagship Colina deposit and provides Latin with a very clear pathway for further resource expansion.

“While these early drill core observations are extremely encouraging, we are still waiting for assay results and need to fully evaluate this information within the context of all our drilling results to fully understand the larger regional system.

“We will continue to drill test these newly identified areas in parallel with the ongoing infill and systematic step-out drilling at Colina itself, with the aim of growing the existing 45 million tonnes resource base at Colina.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Metal Hawk Claims High-Grade Rare Earths Discovery at Fraser South

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THE DRILL SERGEANT: Metal Hawk (ASX: MHK) reported encouraging assay results from the first aircore (AC) drilling program undertaken at the company’s Fraser South project, located 150km north-east of Esperance, Western Australia.

Metal Hawk carried out drilling to test across an extensive 15 kilometres zone of variably weathered and metamorphosed granites, along a southern structural extension it had interpreted on the western margin of the Albany-Fraser Belt.

The company said the results from this initial program revealed a high degree of REE mineral enrichment in the clay and saprolite zones formed from weathering of the REE-bearing granites in the region.

The drilling encountered wide zones of rare earth element (REE) saprolite enrichment at Fraser South, including:

FSAC016
26 metres at 1526ppm total rare earth oxide (TREO) from 16m to end of hole (EOH), including 8m at 3101ppm TREO from 32m;

FSAC015
13m at 1202ppm TREO from 36m, including 5m at 2298ppm TREO from 44m;

FSAC018
8m at 1087ppm TREO from 36m and 10m at 1781ppm TREO from 52m;

FSAC019
19m at 816ppm TREO from 8m, including 3m at 2840ppm TREO from 24m to EOH.

“We are very pleased to see high-grades and excellent thicknesses of REE mineralisation from our maiden drilling program at Fraser South,” Metal Hawk managing director Will Belbin said in the company’s ASX announcement.

“The initial 35-hole aircore campaign has demonstrated the REE potential of this project.

“With our very large tenement holding positioned directly over these fertile granites, there is ample opportunity to expand and discover new additional broad zones of mineralisation.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Alto Metals Reports New Indomitable Drilling Results

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THE DRILL SERGEANT: Alto Metals (ASX: AME) reacted to a speeding ticket from the ASX by reporting follow up RC drilling results from the Indomitable Camp, within the company’s 100 per cent owned Sandstone gold project in Western Australia.

Alto Metals has drilling underway comprising an RC program targeting primary mineralisation at depth at Indomitable that includes the deepest RC drilling undertaken at Indomitable to date with drill holes planned to approx. 300m downhole depth (250m below surface).

Initial assay results from the laboratory for the first four RC holes have been received, confirming high-grade gold mineralisation including:

SRC941
24 metres at 2.2 grams per tonne gold from 160m, comprising 16m at 3g/t gold from 167m, including 1m at 8.8g/t gold from 175m and 1m at 9.4g/t gold from 182m.

Alto noted these latest results represent the deepest gold mineralisation intersected at Indomitable and are outside the current mineral resource, beneath the optimised pit shell.

“Whilst very early in the program, and not to be taken out of context, the initial results from these first holes is encouraging and represents the deepest significant gold mineralisation intersected at Indomitable,” Alto Metals managing director Matthew Bowles said in the company’s ASX announcement.

“SRC941 returning 24 metres at 2.2 grams per tonne from 160 metres in oxide, again highlights the significant depth of weathering in the system and the potential for mineralisation in primary rock at depth.

“This phase of drilling at Indomitable is ongoing and is targeting the orientation of the interpreted high-grade structures within the fresh rock, including the recently announced 16 metres at 13.1g/t gold from 19 metres intersected in SRC918.”

Drilling completed by Alto over the last 12 months has extended the oxide gold mineralised footprint at Indomitable to over 3km in strike and remains open in every direction.

The company considers the latest results from indomitable to support its view that the size and scale of the oxide mineralisation at Indomitable is a strong indication of a much larger system.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Delta Lithium Reports Latest Drilling Results from Yinnetharra Lithium Project

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THE DRILL SERGEANT: Delta Lithium (ASX: DLI) reported assay results received from M36 pegmatite at the Malinda prospect within the company’s 100 per cent-owned Yinnetharra lithium project in the Gascoyne region of Western Australia.

Delta Lithium said the new assay results received from M36 pegmatite demonstrated the best tenor mineralisation of any pegmatite it has received to date at the Yinnetharra project.

New drilling results, both from M36 include:

YRRD118
33 metres at 1.9 per cent lithium oxide (Li2O) from 218m; and

YRRD114
19m at 1.6 per cent Li2O from 190m.

The company considers the results to be extremely important for the exploration program because they are from holes that step out along strike from previous M36 results.

Delta explained that each round of exploration results from Yinnetharra has informed and improved its knowledge of the orebody leading it to boldly declare its confidence that Yinnetharra will become a project of global scale has increased with each round of results delivered.

“Yinnetharra is a big system, 216 holes in and we have pegmatites defined along 1.6 kilometres of strike, stacked in a package more than a kilometre wide,” Delta Lithium executive chairman David Flanagan said in the company’s ASX announcement.

“Mineralisation is open down plunge and it’s right here in Western Australia, the single biggest lithium producing region on the planet.

“We are very pleased with results to date and with multiple targets to test, we have massive upside ahead of us.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Latin Resources Increases Colina Mineral Resource Estimate

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THE DRILL SERGEANT: Latin Resources (ASX: LRS) reported a hefty upgrade to the Colina deposit Mineral Resource Estimate (MRE), within the company’s 100 per cent-owned Salinas lithium project in Brazil.

Latin Resources completed a resource definition drilling program at Colina in the first half of 2023 on pegmatite swarms, down dip and extending to the southwest of the existing Colina MRE.

The company’s review of new drilling results and the updated geological model for Colina increased the total resource base by 241 per cent, from 13.25 million tonnes to 45.2 million tonnes resulting in 1.5 million tonnes of contained lithium carbonate equivalent (LCE).

The updated MRE has also seen a substantial proportion, 67 per cent classified into the JORC Measured and Indicated categories, which the company declared to reflect its high levels of confidence in both the geological continuity and grade of the Colina Pegmatites.

“We are very excited and proud to announce this significant upgrade to our JORC resource, which is starting to show the true potential of the Colina deposit,” Latin Resources managing director Chris Gale said in the company’s ASX announcement.

“The increase in both size and grade reflects our early confidence in the prospective nature of our tenure in Brazil to potentially produce a tier one lithium deposit.

“This significant upgraded resource, and the potential value add of strengthening lithium prices, will provide solid inputs into our Preliminary Economic Assessment (PEA) which we believe sets us up well for future success.

“What is even more exciting for us is the potential for resource extensions to the southwest and the multiple regional targets that we are set to drill in our ongoing work at Salinas.

“Our eight drill rigs will remain busy with this program through to the end of the year, and we eagerly await more resource upgrade results from these potential expansion areas.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Azure Minerals Encounters Further Broad High-Grade Lithium Intersections at Andover

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THE DRILL SERGEANT: Azure Minerals (ASX: AZS) reported further broad intersections of high-grade lithium mineralisation from diamond drilling undertaken at the company’s Andover project (Azure 60% / Creasy Group 40%), located in the West Pilbara region of Western Australia.

Azure Minerals’ rlatest drilling efforts produced broadest mineralised intersections of:

ANDD0215
112.4 metres at 1.05 per cent lithium oxide (Li2O) from 263.3m, including 30.3m at 1.18 per cent Li2O from 263.3m, including 13.5m at 1.55 per cent Li2O from 280.1m and 59m at 1.24 per cent Li2O from 316.7m, including 10.1m at 1.7 per cent Li2O from 330.4m and 16.5m at 1.57 per cent Li2O from 353.5m; and

ANDD0210
52.5m at 1.36 per cent Li2O from 14.1m, including 28.3m at 1.83 per cent Li2O from 14.8m, including 3.6m at 3.21 per cent Li2O from 14.8m.

Azure Minerals said its latest drilling had confirmed lithium mineralisation extends from pegmatite outcrops down-dip for more than 350 metres.

A broad, high-grade, lithium-rich pegmatite has been confirmed over 400m length with drilling extending mineralisation further to the west with large step-outs.

“As our drill holes step out to the west, we’re encountering very broad widths of mineralised pegmatites containing high grades of lithium,” Azure Minerals managing director Tony Rovira said in the company’s ASX announcement.

“It’s also pleasing that these latest assay results correlate closely with the presence of spodumene, supporting the company’s exploration model and allowing us to accurately plan and execute our drilling in advance of receiving assays.

“Given the substantial widths and strike lengths of individual pegmatites, and the overall scale of the Andover pegmatite swarm with hundreds of outcropping pegmatites, we’re confident that our project has the potential to host lithium resources of world-class scale.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Dreadnought Resources Identifies Highly Conductive Orion Look-Alike Anomalies

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THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) reported results from a recently completed FLEM survey at the company’s Tarraji-Yampi project in the Kimberley Region of Western Australia.

Dreadnought Resources said the FLEM survey had complimented recent auger results that identified 14 high-quality targets with similar geochemical and geophysical signatures its high-grade copper-silver-gold-cobalt-zinc Orion discovery.

The company explained the combined auger/FLEM results have identified six coincident geochemical, magnetic and strong conductor anomalies, three of which have identified outcropping mineralisation.

Dreadnought has interpreted a further three moderate to weak conductors from the results with coincident geochemical anomalies, including Thunderer North where an outcropping mineralised vein was identified with what it considers similarities to Grant’s Find and Vanguard.

All targets sit within prospective litho-structural settings and are scheduled to be RC drilled in August/September 2023.

“Tarraji-Yampi had been unexplored for over 50 years prior to becoming Dreadnought’s original flagship project upon listing in 2019,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.

“Since the Orion discovery in 2021, Dreadnought has significantly enhanced the geological, geochemical and geophysical understanding of this unexplored region.

“This has resulted in fourteen geochemical and geophysical anomalies, hosted within prospective litho-structural settings similar to the known massive sulphide mineralisation at Orion and vein hosted mineralisation at Grant’s.

“With our new understandings and datasets now available, it is worth highlighting that several of these anomalies are stronger, larger and/or higher tenor than those over Orion.

“We are excited about the prospect of making additional discoveries and proving the scale of the copper-silver-gold-cobalt-zinc opportunity at Tarraji-Yampi.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Dynamic Metals Completes Drill Testing of Three More Prospects at Widgiemooltha

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THE DRILL SERGEANT: Dynamic Metals (ASX: DYM) has been busy since its recent listing carrying out exploration activities at the company’s Widgiemooltha project in the Goldfields region of Western Australia.

Dynamic Metals has already completed an air core (AC) campaign at Widgiemooltha with 48 drill holes testing three prospects across the project area.

All samples have been dispatched to the laboratory in Kalgoorlie for assaying with results anticipated late July.

Dynamic has also added to its tenure at the Widgiemooltha project via the grant of Exploration License 15/1753.

The company has generated three nickel targets on this tenement and Program of Work (POW) applications for drilling have been submitted to the Department of Mines, Industry Regulation and Safety (DMIRS).

Following the recent granting of another tenement, E15/17212, Dynamic Metals is accelerating efforts to complete a large soil sampling program to increase geological understanding of the lithium prospectivity at Pioneer Dome West.

The program will collect geochemical data to generate potential lithium-focussed drill programs, with this work anticipated to commence in Q1 FY24.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Lithium Energy Doubles Graphite Inventory with Corella Resource

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THE DRILL SERGEANT: Lithium Energy (ASX: LEL) announced a JORC Mineral Resource Estimate (MRE) for the company’s 100 per cent-owned Corella graphite project in Queensland.

Lithium Energy recently completed resource definition drilling at the Corella Tenement that has delivered a JORC Inferred MRE of 13.5 million tonnes at 9.5 per cent total graphitic carbon (TGC) (at a cut-off grade of 5%) for 1.3 million tonnes of contained graphite.

Sitting within the Corella mineralisation envelope is a higher-grade JORC Inferred Mineral Resource of 4.5 million tonnes at 12.7 per cent TGC for 0.57 million tonnes of contained graphite.

The new MRE has effectively doubled Lithium Energy’s Total Graphite Inventory in Queensland to 2.6 million tonnes of contained graphite with the addition of the Corella deposit to the Burke deposit that comprises a JORC Indicated and Inferred Total Mineral Resource of 9.1 million tonnes at 14.4 per cent TGC for 1.3 million tonnes contained graphite.

“The major increase in our graphite inventory contributed from the Corella Project adds significant value to the overall Burke graphite project,” Lithium Energy executive chairman William Johnson said in the company’s ASX announcement.

“In particular, the additional resource provides the company with the potential for expanded development options for our proposed vertically integrated battery anode material manufacturing facility based in Queensland.

“These potential options will be considered as part of the engineering studies currently being undertaken at Burke.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE