Codrus Minerals Completes Initial Field Work at Karloning REE-Niobium Project

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THE DRILL SERGEANT: Codrus Minerals (ASX: CDR) reported completion of multiple first-pass exploration workstreams at the company’s recently acquired Karloning REE-niobium project in the wheatbelt region of Western Australia.

Codrus Minerals announced a farm-in and Joint Venture agreement to earn up to a 90 per cent interest in the Karloning project with Talgomine Minerals in November 2022.

Recent activities have included soil sampling, drone magnetics and ground radiometric surveys while initial drilling to follow-up high-grade results from recently announced grab samples is now underway.

Datasets collected will be used by the company to assist with drill targeting to test for the high-grade, high-value permanent magnet rare earths dysprosium, neodymium, terbium and praseodymium.

“We are delighted to have completed these initial fieldwork programs, which will provide robust datasets to assist with drill targeting for our upcoming maiden drilling program at Karloning,” Codrus Minerals managing director Shannan Bamforth said in the company’s ASX announcement.

“Results from our grab sampling program in 2022 confirmed exceptional grades across a suite of key rare earth elements, with these latest surveys expected to provide a clearer insight into the local geology.

“Our intention is to complete permitting for drilling as quickly as possible to ensure we can get the drill rigs underway as soon as data integration and drill targeting is complete.”

Codrus believes the Karloning project provides an outstanding opportunity for the company to diversify into the critical minerals space and build on its current gold and copper assets.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Charger Metals Claims Confirmation of High-Grade Lithium at Medcalf

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THE DRILL SERGEANT: Charger Metals (ASX: CHR) reported assay results from drilling targeting spodumene-pegmatites at the Medcalf spodumene discovery within the company’s Lake Johnston lithium prospect in the Yilgarn province of Western Australia.

Charger Metals encountered high-grade lithium intersections in 14 of 17 holes drilled in 2022 with a further 23 holes scheduled to be drilled during January and February 2023.

Results show drilling in 2022 intersected multiple stacked spodumene-pegmatites within a 100 metres-wide zone, with an aggregated thickness of up to 12m.

Lithium intersections include:

22CRC002
5 metres at 2.55 per cent lithium oxide (Li2O) from 68m, including 2m at 4.19 per cent Li2O;

22CRC005
3m at 1.25 per cent Li2O from 6m and
6m at 1.52 per cent Li2O from 26m and
3m at 1.21 per cent Li2O from 40m; and

22CRC007
5m at 1.86 per cent Li2O from 24m and
2m at 1.12 per cent Li2O from 47m and
4m at 1.83 per cent Li2O from 56m and
3m at 1.79 per cent Li2O from 71m.

“The first very encouraging drilling results are now to hand and drilling is continuing to intersect similar multiple-sheet pegmatites within a plunging, 100 metres-wide, structural zone,” Charger Metals managing director David Crook sad in the company’s ASX announcement.

“The drill holes reported here confirm high grade lithium from surface down to a vertical depth of 210 metres, and the ongoing drill program is expanding the extent of the spodumene-pegmatites along the strike direction and at progressively greater depths.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Dreadnought Resources Kicks Off 2023 Mangaroon Drilling Campaign

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THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) announced RC drilling has commenced at the company’s 100 per cent-owned Mangaroon project in the Gascoyne Region of Western Australia.

Dreadnought Resources is following up results achieved during 2022, from which it identified 43 kilometres of mineralised ironstones at Yin as well as REE-phosphorous pentoxide-titanium dioxide-scandium C1-C7 carbonatites.

In December 2022, Dreadnought reported an initial, independent, Inferred JORC Resource of 14.36 million tonnes at 1.13 per cent total rare earth oxides (TREO) over only 3km of the 43km of mineralised ironstones.

The company has RC drilling currently underway at Yin to build upon the current Resource as well as testing an Exploration Target along strike.

A second RC rig and a diamond rig will commence in March 2023.

The RC rig will focus on first pass, wide spaced drilling of the C1-C7 carbonatites.

The diamond rig will provide ongoing support for Resource upgrades, metallurgical testwork and geotechnical studies.

“After an extremely successful 2022 drilling program, we are excited to be back on site for what will be a busy year for Dreadnought as we seek to make additional discoveries and to rapidly grow Resources,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.

“After a short break, the team is ready to deliver on both the ironstones and carbonatites as we build the wider Gifford Creek Ferrocarbonatite Complex into a world class rare earth and critical metals region.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Golden Mile Resources Commences Drilling at Quicksilver Nickel-Cobalt Project

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THE DRILL SERGEANT: Golden Mile Resources (ASX: G88) has kicked off an eight hole diamond drill program at the company’s Quicksilver nickel-cobalt project in Western Australia.

Golden Mile Resources explained the drilling is part of Stage 3 metallurgical test work being undertaken to further de-risk the proposed flowsheet and provide confidence to proceed to a Scoping Study.

A secondary purpose of Stage 3 metallurgical test work is to carry out further tests on the viability of adding further value by downstream processing the nickel and cobalt as well as assessing the potential for REE by-products.

Stage 2 metallurgical test work completed last year had developed the company’s understanding of the saprolitic mineralisation at Quicksilver.

Golden Mile is continuing to develop the metallurgical flowsheet and is gaining more confidence in the process with results to date encouraging the continuation of this work.

“The company will also incorporate additional studies to explore downstream options to produce secondary nickel products suitable for electric vehicle (EV) batteries as well as high value industrial products which may add further value but is not required for the current business model,” Golden Mile Resources said in its ASX announcement.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Auroch Minerals Completes First Kangaroo Hill Lithium Project Drilling

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THE DRILL SERGEANT: Auroch Minerals (ASX:AOU) has recently completed a phase 1 reverse circulation (RC) drilling exploration program targeting Lithium–Caesium–Tantalum (LCT) pegmatites at the Kangaroo Hill lithium project (KHLP) in Western Australia. (Auroch Minerals 80%, Lodestar Minerals Ltd 20%).

Commencing in mid–January, the program tested three high priority LCT pegmatite targets that had been defined by surface geochemistry.

Twelve out of the 14 holes drilled encountered visual pegmatite lithologies with all pegmatite intercepts now delivered to the laboratory for assaying, with results expected over the next one to two months.

“We are pleased with the geology, having successfully intercepted pegmatites in 12 out of the 14 holes drilled and we now eagerly awaiting the assay results!” Auroch Minerals technical director Robin Cox said in the company’s ASX announcement.

“We have learnt much about the geometry of the pegmatite, however it is clear that further ground work is required to fully evaluate the potential of this project.

“We have commenced our geophysical review work and it is anticipated the magnetic litho-structural interpretation will assist in targeting pegmatites where there is no surface expression.

“The culmination of the drill hole assays, lithology and geophysical work will greatly assist the company in planning a highly targeted second phase of exploration at Kangaroo Hills!”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

De Grey Mining Extends Strike and Depth at Diucon

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THE DRILL SERGEANT: De Grey Mining (ASX: DEG) maintained its RIU Explorers Conference pace by reporting the latest resource extension and infill drilling results from the Diucon deposit at the company’s Hemi gold discovery in Western Australia.

According to De Grey the new results at Diucon, which is located in the west of Hemi, have extended mineralisation by approximately 120 metres along strike and 400m down plunge to the west of the May 2022 mineral resource estimate (MRE).

Diamond drill hole HEDD136 intersected:
75 metres at 1.1 grams per tonne gold and 72.3m at 1.4g/t gold, including:
15.1m at 1.6g/t gold from 599m;
53.4m at 1.4g/t gold from 654.2m;
14.1m at 3.1g/t gold from 750m; and
12.6m at 2.8g/t gold from 779.7m.

Mineralisation intersected in HEDD136 remains open in all directions, including up-dip, and to the west toward the Antwerp target, from where De Grey has previously released encouraging results.

Mineralisation at Diucon has now been intersected for approximately 560m along strike, to a depth of approximately 900 vertical metres and remains open.

Mineralisation on some sections attains a width of 300m over multiple lodes.

“Wide-spaced drilling down plunge to the WSW of the current Diucon resource has demonstrated that the Diucon mineral system is open in this direction,” De Grey Mining general manager exploration Phil Tornatora said in the company’s ASX announcement.

“Drilling is still very widely spaced and significant intersections are being returned from holes such as HEDD136 and HEDD128. This work has strong potential to extend Diucon’s current 1.6 million ounces mineral resource.

“Higher grade zones, often showing visible gold in quartz continue to support the potential for underground mining below open pit depths.

“In addition to diamond holes to follow up deeper mineralisation, shallow RC drilling is planned west of Diucon to follow up significant results from aircore and RC drilling at Antwerp.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Nordic Nickel Progressing Hotinvaara Diamond Drilling Program

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THE DRILL SERGEANT: Nordic Nickel (ASX: NNL) will no doubt be keen on conversation at next week’s RIU Explorers Conference around a drilling program it currently has underway at the company’s Pulju nickel project in the Central Lapland Greenstone Belt (CLGB) of northern Finland.

Nordic Nickel commenced diamond drilling at Pulju in January within the historically defined Hotinvaara Mineral Resource Estimate (MRE) area.

Two rigs are in operation at the project, with the first drillhole completed and two more progressing as planned.

The company said its visual observation of the drill core indicates widespread sulphide mineralisation and increases the known footprint of prospective host rocks.

“An exciting start to our drilling at Hotinvaara, with visual analysis of the drill core confirming broad intercepts of sulphide mineralisation and indicating an expanded footprint of prospective host rock units,” Nordic Nickel managing director Todd Ross said in the company’s ASX announcement.

“We are now eagerly awaiting assay results, which are expected to be received within the next eight to ten weeks.

“These initial drill holes will help enhance our understanding of the broader geology at Hotinvaara to plan ongoing drilling and exploration programs over the next 14 months.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

PVW Resources Highlights New Tanami Rare Earth Potential

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THE DRILL SERGEANT: PVW Resources (ASX: PVW) has news for rare earths focused delegates attending the RIU Explorers Conference next week from the company’s 100 per cent-owned Tanami heavy rare earth and gold project in Western Australia.

PVW Resources declared it has identified multiple new REE anomalies from air-core drilling completed in 2022 that it believes has opened up exciting new opportunities for follow-up exploration in 2023.

Results from the extensive regional air-core program have identified new high-priority exploration targets and confirmed the prospectivity of the project.

Other activity included a detailed ground gravity survey at the Watts Rise and Castella targets with both revealing additional detail to the sub-surface the company believes will complement drilling and magnetics.

“These new air-core results are very exciting and mark a significant development in our exploration of the Tanami project,” PVW Resources executive director George Bauk said in the company’s ASX announcement.

“They have outlined a number of new priority targets, taken from conceptual targets to highly anomalous TREO results ready for follow-up, substantially enhancing our exploration pipeline in the Tanami.

“Since field work was completed in November 2022, the company’s exploration geologists have continued to improve their understanding of REE mineralisation in the Tanami.

“Recognising the need to find ore zones, the 2022 exploration effort has provided PVW with a pipeline of prospects and targets that were previously unknown.

“We are now ideally positioned to prioritise and test these new targets in 2023.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Zenith Minerals Identifies New Lithium Target at Split Rocks

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THE DRILL SERGEANT: Although last alphabetically, Zenith Minerals (ASX: ZNC) could be the first port of call for punters at the RIU Explorers Conference next week after reporting a new lithium geochemical target at the company’s Split Rocks lithium project in Western Australia.

Zenith Minerals collected a swag of geochemical samples during 2022 across the Split Rocks project area comprised of both auger and soil samples.

Assays have been received for 6,076 samples, with a further 2,475 samples awaiting assays.

The company explained the geochemical sampling program has defined a new geochemical anomaly, dubbed Cielo, that exceeds the size of the geochemical anomaly surrounding the Rio lithium pegmatite, presenting a new lithium target to be drill tested.

Zenith is planning a substantial aircore drill program to test the new Cielo lithium geochemical target.

There are an additional two lithium geochemical anomalies A1 & A2 that require further assessment, however the company has earmarked these as future drill targets, whilst RC drilling of anomaly A3 is planned for early 2023.

“We are delighted to announce a major new lithium target at Split Rocks which has come about through 12 months of hard work from our soil geochemical teams,” Zenith Minerals executive chair David Ledger said in the company’s ASX announcement.

“I look forward to providing further updates on this exciting new drill target – Cielo and the additional new lithium anomalies (1 & 2) generated in 2022.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Accelerate Resources Hits High-Grade Manganese at Woodie Woodie North

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THE DRILL SERGEANT: Accelerate Resources (ASX: AX8) is the company to visit at the RIU Explorers Conference next week for delegates interested in manganese with recent results demonstrating the potential of the company’s Woodie Woodie North Manganese project in the Pilbara of Western Australia.

Accelerate Resources reported encouraging results from a Phase 2 drilling campaign at the Woodie Woodie North Manganese project that has confirmed mineralisation extends at depth and over substantial strike length.

The company outlined the recent drilling program has highlighted the presence of large and well-developed hydrothermal (Woodie Woodie style) zones at Area 42, which it considers to have potential for substantial manganese resources to be delineated.

Area 42 is just one of a number of extensive outcropping undrilled manganese targets identified by mapping Accelerate has carried out across the 35 kilometres strike of the project.

“We are highly encouraged by the outstanding drilling results,” Accelerate Resources managing director Yaxi Zhan said in the company’s ASX announcement.

“Thirty of 46 holes returned ore grade intercepts with maximum assays of 40 per cent to 50.8 per cent manganese recorded in multiple drilling locations.

“These exceptional results represent only the very early stages of our efforts to delineate significant high-grade resources across our 35 kilometres long Woodie Woodie North project with a series of extensive high-grade zones already identified across the project.

“Accelerate is continuing to build its unique value proposition to supply the market with a highly sought after, high-grade premium manganese product.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE