Black Cat Syndicate Declares Coyote One of Australia’s highest-grade deposits

/in , /by

THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) provided an updated JORC 2012 Mineral Resource at Coyote Central, part of the company’s 100 per cent-owned Coyote Gold Operation in Western Australia

Black Cat has completed the first combined Resource over Coyote Central since 2008 that has increased the total Resources at the Coyote Gold Operation by 32 per cent from 488,000 ounces at 5.1 grams per tonne gold to 645,000 ounces at 5.5g/t gold.

Total Indicated Resources increased 105 per cent from 150,000 ounces at 3.8g/t gold to 307,000 ounces at 5.3g/t gold.

The underground Resource at Coyote Central increased to 356,000 ounces at 14.6g/t gold (51% Indicated), making Coyote Central one of the highest-grade deposits in Australia.

“With our new geology model and just five months of drilling, we have demonstrated that Coyote Central is one of the highest-grade underground deposits in Australia, containing 356,000 ounces at 14.6 grams per tonne gold,” Black Cat Syndicate managing director Gareth Solly said in the company’s ASX announcement.

“We have also substantially increased the total Coyote Central Resource to 424,000 ounces at 8.8 grams per tonne gold, with average ounces per vertical metre of greater than 1,000 ounces.

“Furthermore, the new Resource currently extends to 400 metres below surface even though there is known mineralisation down to 700 metres and remains open beyond that.

“We expect to further extend the Resource with additional drilling.

“It is exciting to have already demonstrated the grade and scale potential of Coyote within such a short period of time.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Auroch Minerals Confirms Kangaroo Hills LCT Pegmatites

/in , /by

THE DRILL SERGEANT: Auroch Minerals (ASX: AOU) reported assay results from pegmatite rock chip samples taken at the company’s 80 per cent-owned Kangaroo Hills Lithium Project (KHLP) in Western Australia (Lodestar Minerals 20%).

Auroch Minerals said the results achieved had exceeded its expectations, returning 2.37 per cent lithium oxide (Li2O) and 0.17 per cent Li2O.

The company made note that the mineralised outcrops it encountered are located over 600 metres south-east of drill hole NPRC084 that provided the first hit of lithium mineralisation observed at KHLP (6m at 1.38 per cent Li2O from 198m) in November 2022.

Auroch considers the latest results could potentially expand the mineralised footprint of the project.

“The discovery of outcropping mineralised pegmatites at a different location to the earlier November 2022 discovery at the Kangaroo Hills project is extremely exciting,” Auroch Minerals technical director Robin Cox said in the company’s ASX announcement.

“Just as exciting are the elevated pathfinder elements for LCT pegmatite in the weathered outcrops across the project.

“The company now has confirmed three high priority targets that present the potential for significant strike length mineralisation and will be tested in the first phase of drilling at Kangaroo Hills.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Caspin Resources Encounters Copper at Surface at Mount Squires Project

/in , /by

THE DRILL SERGEANT: Caspin Resources (ASX: CPN) reported on recent activity at the West Musgrave nickel-copper extension at the company’s Mount Squires project in the West Musgrave region of Western Australia.

Caspin Resources declared the discovery of surface copper mineralisation along an 8km copper geochemical anomaly in November – now known as the Sienna prospect – where it has now completed extensive exploration programs of drilling, soil and rock chip sampling as well as airborne geophysics.

Assays carried out on these samples have returned high-grade copper values up to 10.6 per cent from a small malachite-rich outcrop within a broader area of mafic outcrop covering an area of approximately 2.5 square kilometres.

All up, a total of four samples were collected from this outcrop, averaging 7.1 per cent copper, including elevated levels of gold (up to 0.1g/t) and silver (up to 6.9g/t).

“It is fantastic to have confirmation of high-grade copper mineralisation at the newly proclaimed Sienna prospect,” Caspin Resources CEO Greg Miles said in the company’s ASX announcement.

“But just as important is to see the association of other metals such as platinum and palladium that are commonly associated with magmatic sulphide deposits in the West Musgrave region.

“More important still, is that we’re also seeing anomalous copper and PGE mineralisation in rock chips on several locations along the strike of a large eight kilometres-long copper and palladium anomaly.

“This gives us confidence that we’ve identified a new mineralised intrusion, or suite of intrusions, with the potential for a discovery or discoveries of significant scale.”

Caspin indicated it was now awaiting results from a further 1,200 soil samples along the West Musgrave nickel-copper corridor which it suggested will assist evaluation of additional copper (and nickel) anomalies along this trend and possibly define drill targets or additional geophysical surveying for its 2023 field campaign.

Results are also still to come from aircore drilling in the One Tree Hill area near the eastern tenement boundary as well as the Duchess prospect, which recently returned encouraging grades of gold, silver, copper and molybdenum.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Metal Hawk Gets Diamond Drilling Underway at Berehaven

/in , /by

THE DRILL SERGEANT: Metal Hawk (ASX: MHK) has a program of diamond drilling underway at the company’s Berehaven nickel project on the outskirts of Kalgoorlie in Western Australia.

Metal Hawk has been carrying out systematic exploration at Berehaven since its discovery of high-grade nickel sulphide in September 2021 at the Commodore prospect, located five kilometres north of the Blair nickel mine.

The company has kicked off diamond drilling at the Torana prospect that is located about 1.5km north and along strike from Commodore, targeting a strong late-time off-hole DHEM (downhole electromagnetic) conductor.

“As we progress our systematic search for nickel sulphides at Berehaven, with deeper drilling we are gaining a better understanding of the mineralised system beneath the zone of extensive weathering,” Metal Hawk managing director Will Belbin said in the company’s ASX announcement.

“This is the first diamond drillhole at Torana and is testing a compelling DHEM massive nickel sulphide target.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.metalhawk.com.au

 

 

Charger Metals Commences Drilling at Medcalf Spodumene Prospect

/in , /by

THE DRILL SERGEANT: Charger Metals (ASX: CHR) has commenced drilling at the company’s Lake Johnston lithium project in Western Australia.

Charger Metals reported commencement of a program of up to 40 reverse circulation drill holes testing the Medcalf spodumene prospect where previous fieldwork had identified a spodumene-pegmatite swarm, comprising about 20 anastomosing pegmatite dykes that outcrop in an area 800 metres long within a 300m wide corridor.

Charger has mapping continuing to identify additional spodumene-pegmatite outcrops in this area.

“Charger Metals has commenced drilling its maiden drilling program into the Medcalf Spodumene prospect,” Charger Metals managing director David Crook said in the company’s ASX announcement.

“The initial program aims to test a 300m by 800m outcropping pegmatite swarm.”

The Lake Johnston lithium project is located 450 kilometres east of Perth.

Charger’s predominately 70 per cent interest is through a Joint Venture, with the remaining 30 per cent held by Lithium Australia (ASX: LIT).

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.chargermetals.com.au

 

Miramar Resources Steps Out High-Grade Gold at Glandore East

/in , /by

THE DRILL SERGEANT: Miramar Resources (ASX: M2R) reported a diamond drilling encounter with high-grade gold mineralisation at the company’s Glandore project near Kalgoorlie in Western Australia.

Miramar Resources achieved its recent gold hit Glandore East where drill hole GDDD004 was drilled 150m north of historical high-grade diamond drill intersections and intersecting:

0.8 metres at 12.6 grams per tonne gold, including 0.4m at 23g/t gold.

Miramar claimed its drilling efforts have now confirmed the presence of high-grade gold mineralisation over a strike length of approximately 240 metres with mineralisation remaining open along strike and at depth.

“The new results are extremely significant as they have substantially increased the strike length of high-grade bedrock gold mineralisation intersected to date,” Miramar Resources executive chairman Allan Kelly said in the company’s ASX announcement.

“In addition, the new results also reinforce the strong relationship between the shallow aircore intersections and deeper high-grade bedrock gold mineralisation.

“The aircore gold footprint at Glandore East stretches for well over a kilometre, but we have only tested a small portion of the total strike length with deeper drilling so far.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.miramarresources.com.au

 

Killi Resources Encounters Tanami Gold Mineralisation

/in , /by

THE DRILL SERGEANT: Killi Resources (ASX: KLI) reported the first round of drilling results from aircore and diamond drill programs completed at the company’s West Tanami project in the Kimberley of Western Australia.

Killi Resources said results returned from the Fox prospect identified a 2.8 kilometre wide corridor anomalous for gold, silver and arsenic, aligning with the company’s model for a sediment-hosted gold system, and similar to those already found in the Tanami.

Multiple intercepts of anomalous gold, arsenic and silver were intersected at the Fox prospect, with all elements aligning with the geochemical fingerprint for a sediment hosted gold system.

The highest result returned was 4 metres at 135ppb gold from 72m, located at the interpreted hinge zone.

Two regional aircore lines were completed at the Trickster and Deva prospects consisting of 54 holes, which are the first drilling to be carried out over this newly identified prospective gold structure the company believes could represent the main mineralising feature from the Tanami district.

A result was returned at the eastern end of the southern line of 4m at 100ppb gold from 8m depth, in bedrock below alluvial cover.

“These results are exactly what we are looking for, and in the right rocks, as these low-level gold and arsenic anomalies are indicative of orogenic sediment-hosted gold systems throughout the Tanami,” Killi Resources CEO Kathryn Cutler said in the company’s ASX announcement.

“Callie was found on a 50ppb gold and arsenic result, so we are thrilled to have +100ppb gold intervals and to have identified the Dead Bullock sediments on our ground.

“These are the first two pieces of the puzzle, so we can now narrow in on the structures to find those fold hinges we need as the gold traps.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.killi.com.au

De Grey Mining Reports AC and RC Drilling Results From Antwerp Target

/in , /by

THE DRILL SERGEANT: De Grey Mining (ASX: DEG) reported on recent exploration drilling activities within the Greater Hemi Corridor within the company’s 100 per cent-owned Mallina gold project in the Pilbara region of Western Australia.

De Grey Mining conducted AC and RC drilling along a North-East trending structural corridor from the Antwerp target in the South-West to the Mt Berghaus target in the North-East, referred to as the Greater Hemi Corridor.

This structural corridor represents a greater than 15km long by 10km wide trend that extends east and west of the main Hemi deposits.

Results from continued AC drilling along the Antwerp trend include:

HEAC920
2m at 261 grams per tonne gold from 36m;

HAC654
1m at 41.6g/t gold from 59m; and

HAC349
3m at 2.7g/t gold from 57m.

Results from first pass reverse circulation (RC) drilling at Antwerp include:

HMRC197
6m at 4.4g/t gold from 28m;

HMRC167
6m at 2.1g/t gold from 43m; and

HMRC198
25m at 1g/t gold from 78m.

“Recent aircore and RC drilling has identified new prospective altered intrusions, anomalous gold zones and areas of encouraging multi-element geochemistry within the 15km long by 10km wide Greater Hemi Corridor, east and west of the existing deposits at Hemi,” De Grey Mining technical director Andy Beckwith said in the company’s ASX announcement.

“The discovery and recent growth of the Diucon and Eagle deposits, below an area of relatively weak aircore geochemistry results, provides encouragement with these new results that further gold mineralisation will be discovered along the Greater Hemi Corridor as drilling progresses.

“Infill aircore and deeper RC drilling will be undertaken based on ranked priorities and completion of heritage surveys.

“RC drilling will recommence in the New Year at Antwerp, to the west of Diucon and Eagle, to better test this prospective trend.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.degreymining.com.au

 

 

E79 Gold Mines Scores Multiple Gold Hits at Laverton

/in , /by

THE DRILL SERGEANT: E79 Gold Mines (ASX: E79) reported latest results from air-core drilling at the company’s Laverton South gold project in Western Australia.

E79 Gold Mines received assays for a further 50 aircore holes, the results from which have continued to confirm and extend the zone of coherent gold mineralisation discovered at Target 3.

The results also included multiple gold intercepts reported to end-of-hole, with recently received results from a newly-identified Southern Zone including:

22LRAC394
4 metres at 3.2 grams per tonne gold; and

22LRAC369
3m at 1.55g/t gold, including 1m at 3.88g/t gold to end-of-hole.

“This is a very exciting development for the company, as we are seeing a clear change from gold anomalism to gold mineralisation in the southern air-core drill lines,” E79 Gold CEO Ned Summerhayes said in the company’s ASX announcement.

“Air-core drilling has intersected two mineralised zones with gold values greater than 3 grams per tonne gold, which is an excellent early stage result.

“Both mineralised zones sit below the paleochannel, are associated with quartz veining and sit in the same stratigraphic position on adjacent drill lines, 300 metres apart.

“This new zone sits to the south of the central zone and forms part of a 2,600 metres long anomalous zone, which remains open to the south.

“With the RC rig arriving soon to test for gold at depth, we are excited to see what lies beneath Target 3.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.e79gold.com.au

 

 

Dreadnought Resources Identifies Multiple, Large Scale REE-Nb-Ti-P Carbonatites

/in , /by

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) reported on recent drilling carried out at the company’s 100 per cent-owned Mangaroon project in the Gascoyne Region of Western Australia.

Dreadnought Resources completed first pass, wide spaced 160 x 160m RC drilling of the C1-C5 rare earth element (REE) carbonatites at the Mangaroon project that resulted in the identification of six coherent zones of REE, niobium (Nb), titanium (Ti) and/or phosphorus (P) mineralisation.

“Our first pass, wide spaced drilling at C1-C5 has exceeded expectations, delivering us multiple zones of rare earths, niobium, titanium and phosphorus including the approx. 600 metres by 550 metres mineralised zone at C3,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.

“Importantly, the carbonatite complex remains completely open and is interpreted to be significantly larger than we originally believed.

“We look forward to finishing our drilling season at C3 before coming back to site early in 2023.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.dreadnoughtresources.com.au