Aruma Resources Confirms Mt Deans Lithium and Rubidium Grades

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THE DRILL SERGEANT: Aruma Resources (ASX: AAJ) released first assay results from a recently completed drilling program at the company’s Mt Deans lithium-rubidium project near Norseman in Western Australia.

Aruma Resources carried out broad spaced drilling and surface sampling that identified a thick vertical sequence of lithium and high-grade rubidium bearing pegmatites over a strike length of about 1.5 kilometres.

The company declared assays have confirmed high lithium and rubidium grades from the first two holes received of:

MDRC11
7 metres at 2.03 per cent lithium and rubidium (Li2O+Rb2O) from 26m; and

MDRC09
9m at 1.23 per cent Li2O+Rb2O from 32m and 5m at 1.05 per cent Li2O+Rb2O from 45m.

“The program extended the lithium and high-grade rubidium intersected in the thick vertical pegmatite in Aruma’s first phase of drilling in the central part of the project area, and a subsequent rock chip sampling program,” the company said in its ASX announcement.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.arumaresources.com

 

Blackstone Minerals Keeps News Flow Humming with Ta Khoa Drilling Update

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THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) has been busy drilling at the company’s Ta Khoa nickel project (TKN) in northern Vietnam.

Blackstone Minerals reported assays for the most recent campaign of resource definition drilling at the King Snake Massive Sulphide Vein (MSV) deposit, which has confirmed continuity and extents of the high-grade massive sulphide core while demonstrating the presence of an associated ultramafic dyke with disseminated nickel-copper-PGE sulphide mineralisation.

Results from resource definition drilling at King Snake include:

KS22-05
6.2 metres at 0.73 per cent nickel, 0.89 per cent copper, 0.02 per cent cobalt and 3.32 grams per tonne PGE from 191.8m, including 0.7m at 1.11 per cent nickel, 4.73 per cent copper, 0.05 per cent cobalt and 18.2g/t PGE from 192.65m;

KS22-15
2.35m at 2.09 per cent nickel, 0.9 per cent copper, 0.08 per cent cobalt and 1.77g/t PGE from 313.65; and

KS22-21
6.3m at 0.85 per cent nickel, 0.41 per cent copper, 0.03 per cent cobalt and 1.12g/t PGE from 70m, including 0.8m at 4.31 per cent nickel, 1.11 per cent copper, 0.16 per cent cobalt and 2.09g/t PGE from 74.65m.

Further assays were delivered for exploration drilling at the Suoi Phang MSV target located 12km west of the Ban Phuc nickel concentrator intersecting an ultramafic dyke with net-textured and massive nickel-copper sulphide veining.

“The resource definition drilling at King Snake confirms continuity of a high-grade nickel-copper-cobalt-PGE vein and associated ultramafic dyke system closely comparable to the Ban Phuc MSV that was successfully mined in the 2013 to 2016 period and is furthermore located only 1.2 kilometres from the operational Ban Phuc concentrator,” Blackstone Minerals managing director Scott Williamson said in the company’s ASX announcement.

“Additionally, assay results from the early-stage drilling at the Suoi Phang prospect highlight potential for further nickel MSV deposits within the Ta Khoa dome.

“We look forward to continuing to systematically assess the massive sulphide potential at Ta Khoa.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.blackstoneminerals.com.au

 

Kin Mining Drilling Highlights Cardinia Growth Potential

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THE DRILL SERGEANT: Kin Mining (ASX: KIN) declared a healthy start to diamond drilling being undertaken as part of the next phase of exploration and resource growth at the company’s 100 per cent-owned Cardinia Gold Project (CGP), located near Leonora in Western Australia.

Kin Mining recently commenced a deep diamond drilling program to evaluate a number of IP geophysical anomalies located below the Helens, Helens East, Cardinia Hill and Rangoon deposits within the Eastern Corridor.

A total of five separate targets have been identified and are being systematically tested with a series of approximately 350m deep diamond holes.

Three holes have been completed to date with drill hole IP001 intersecting visible free gold at 104.7 metres down-hole in new mineralised position east of the Rangoon Fault.

Drill hole IP001 also encountered a broad 13m zone of sericite-carbonate with disseminated pyrite mineralisation at 266m down-hole, below the Helen-Rangoon fault and in an untested area between Helens and Rangoon deposits, and similar in style to the high-grade areas of Rangoon.

“We have made an outstanding start to the current diamond drill program, which is designed to test the first generation of deeper targets at Cardinia potentially to uncover new large-scale discoveries within the exciting Eastern Corridor,” Kin Mining managing director Andrew Munckton said in the company’s ASX announcement.

“The first of three diamond holes, which were collared to test a series of Induced Polarisation (IP) anomalies, have intersected significant zones of mineralisation in the targeted position.

“Hole IP001 also intersected visible free gold in a new mineralised position, which is highly encouraging and rare in the Cardinia area.

“While it’s still early days, the results are very encouraging and show that IP works very well at mapping buried sulphide zones in the Eastern Corridor.

“The upside potential for the project is substantial!”

 

 

 

Web: www.kinmining.com.au

 

E79 Gold Mines Gets Auger Program Underway at Jungar Flats

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THE DRILL SERGEANT: E79 Gold Mines (ASX: E79) has commenced a geochemical sampling program at the company’s Jungar Flats gold project in the Murchison region of Western Australia.

This follows earlier soil sampling, trialling the Ultrafine™ analytical technique, that identified gold anomalism in three of four locations tested.

These three anomalous locations all lie on the interpreted Big Bell Shear and as a result, E79 Gold is undertaking a large-scale soil sampling program to test what it considers a highly prospective corridor.

E79 Gold Mines has kicked off a 3000-plus sample auger program with the aim of testing approx. 40 kilometres of strike of this greenstone belt.

Samples will undergo Ultrafine™ analysis, an analytical technique developed by CSIRO to be able to identify geochemical anomalism.

E79 will complete this auger program this year with results expected during quarter 1, 2023.

“We are excited to commence testing of this largely unexplored greenstone belt, where our earlier trial soil sample program produced anomalous gold in three of the four locations tested,” E79 Gold Mines CEO Ned Summerhayes said in the company’s ASX announcement.

“Additionally, historic drilling has identified anomalous gold in early-stage drilling in two locations, which has not been followed up.

“This greenstone belt is a high priority target where the potential host greenstone sequence lies in close proximity to the highly prospective Big Bell Shear which hosts the Big Bell Mine, the largest gold mine in the region.”

 

 

 

 

 

Aeris Resources Updates Turbo Lens MRE

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THE DRILL SERGEANT: Aeris Resources (ASX: AIS) released an updated Mineral Resource estimate (MRE) for the Turbo lens at the Bentley deposit, located at the company’s 100 per cent-owned Jaguar operations in Western Australia.

The updated MRE for the Turbo lens has come in at 1.26 million tonnes at 1.82 per cent copper, 8.5 per cent zinc, 0.72 grams per tonne gold and 47g/t silver.

The update compares well against the December 2021 MRE providing a 23 per cent increase in tonnage, 39 per cent increase in contained zinc metal, 17 per cent increase in contained copper metal, and 21 per cent increase in contained gold metal while doubling the strike length to 400 metres.

The majority of resource classification (89 per cent by tonnage) has been upgraded to Indicated status.

“The updated mineral resource has materially increased the ore tonnes and metal content at the Turbo lens,” Aeris Resources executive chairman Andre Labuschagne said in the company’s ASX announcement.

“This drilling campaign has also resulted in the majority of the mineral resource being upgraded to Indicated status.

“We believe there is strong potential for further Mineral Resource increases at Turbo, as it remains open along strike and down plunge.

“This view is supported by recent drilling outside of the resource envelope, which has intersected massive sulphide mineralisation.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Black Cat Syndicate Spies Visible Gold in First Gabbro Veins Holes at Paulsens

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THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) is currently carrying out a program of underground diamond drilling at the company’s Paulsens gold operation in the north of Western Australia.

Black Cat Syndicate has completed the first six holes of the program into the Gabbro Veins that are in the footwall of the Paulsens decline and considered by the company as readily accessible for potential mining restart.

All six holes infilled historic high-grade intercepts for Resource upgrades as well as intersecting wide quartz veins (up to 2m wide) in the interpreted positions with assays for all holes expected in December 2022.

A bonus was visible gold intersected in three drillholes hosted in both thick quartz veins and narrow shears within the gabbro.

“Our first holes at Paulsens are targeting potential production areas adjacent to existing workings,” Black Cat Syndicate managing director Gareth Solly said in the company’s ASX announcement.

“The Gabbro Veins are an overlooked opportunity that we believe have the potential to lead a restart scenario while we undertake the hunt for another Paulsens in both offset and repeat target positions.

“We are excited by what we see in these first holes given they intersect our interpreted structures and contain visible gold.

“Drilling will be ongoing at Paulsens to delineate near-term mining opportunities throughout the December 2022 quarter.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.blackcatsyndicate.com.au

 

Alchemy Resources Completes RC Drilling on Karonie Lithium Targets

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THE DRILL SERGEANT: Alchemy Resources (ASX: ALY) has completed its first Reverse Circulation (RC) drill program at the company’s 100 per cent-owned Karonie lithium-gold project near Kalgoorlie in Western Australia.

Alchemy Resources reported that geological logging of drillholes has defined multiple zones of pegmatites with zones up to 700 metres strike extent within the northern part of the Hickory prospect.

The company has interpreted these pegmatites to extend at least 150m from surface and remain open with varying widths from 1m up to 27m downhole.

The zone remains open along strike and to the west.

“The discovery of extensive thick stacked pegmatites at Hickory is an outstanding result,” Alchemy Resources chief executive officer James Wilson said in the company’s ASX announcement.

“This confirms our model that mapped pegmatites are continuous at depth, have a stacked geometry and continue to the north and west under the shallow alluvial cover which extends for roughly three kilometres to the north masking any surface geochemical expression.

“We will now start planning follow-up programs so we can hit the ground running immediately once assays are received.

“In addition, we will also look at other techniques such as gravity and ground penetrating radar to try and outline pegmatites under alluvial cover.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.alchemyresources.com.au

 

 

Venture Minerals Claims Golden Grove North REE Discovery

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THE DRILL SERGEANT: Venture Minerals (ASX: VMS) claimed discovery of “very high-grade” rare earth elements (REE) surface mineralisation at the Vulcan prospect within the company’s Golden Grove North project in Western Australia.

Venture Minerals reported recent results included several values over one per cent Total Rare Earth Oxide (TREO) ranging up to 12.5 per cent TREO with 5,460 ppm (0.55 per cent) Praseodymium Oxide (Pr6O11) and 14,575 ppm (1.46 per cent) Neodymium Oxide (Nd2O3).

The company said the new REE target had been supported by historic soil sampling that was originally focused on Volcanic Massive Sulphide (VMS) style mineralisation that was also assayed for two REEs being Lanthanum (La) and Cerium (Ce).

Recently completed soil sampling, from which the Total Rare Earth Elements (TREE) were analysed to confirm and define the new discovery.

“The discovery of Very High-Grade Rare Earth mineralisation at one of our VMS prospects at Golden Grove North, effectively doubles the company’s exposure to the Rare Earth space, as it follows our recent Rare Earth discovery at Mount Lindsay,” Venture Minerals managing director Andrew Radonjic said in the company’s ASX announcement.

“Clearly the company’s diverse portfolio of projects affords the unique opportunity for such discoveries, due to Venture’s strategic landholdings in areas with the potential to host multiple mineralised systems, consequently leading to a higher probability of exploration success.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.ventureminerals.com.au

 

VRX Silica Reports Arrowsmith North Mineral Resource and Ore Reserve Update

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THE DRILL SERGEANT: VRX Silica (ASX: VRX) announced an update to the Mineral Resource Estimate (MRE) and Ore Reserve Statement (ORS) for the company’s Arrowsmith North silica sand project, north of Perth in Western Australia.

VRX Silica reported a maiden Proved Ore Reserve of 9.2 million tonnes and updated total Ore Reserve of 221 million tonnes.

The updated Mineral Resource of 768 million tonnes at 98 per cent silica (SiO2), includes a Measured Resource of 10 million tonnes at 95.9 per cent SiO2.

The company explained the MRE update is based on an additional 130 close spaced grade control holes.

These holes were drilled as a pre-production activity to increase the resource confidence in the initial years of mining, and to produce a bulk sample for pilot scale metallurgical testwork and the generation of bulk samples for potential offtake partners.

“This updated Mineral Resource and Reserve is a culmination of significant metallurgical testwork and evaluation of the Resource to determine the premium products we can produce,” VRX Silica managing director Bruce Maluish said in the company’s ASX announcement.

“These products include sought after foundry sand as well as glassmaking sand suitable for flat glass, including automobile glass and also container glass.

“We have despatched large samples to a number of foundry and glassmaking companies in Korea, Japan and Taiwan for evaluation and subsequent discussions for offtake.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.vrxsilica.com.au

 

Mt Malcolm Mines Recommences Calypso Diamond Drilling

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THE DRILL SERGEANT: Mt Malcolm Mines (ASX: M2M) is has recommenced diamond drilling at the company’s Calypso prospect in Western Australia.

Mt Malcolm Mines explained the five-hole drill program follows on from previous drilling and is designed to test mineralised magnetite-altered porphyry zones that demonstrate increasing widths at depth.

The objectives of the current diamond drill program include a deep hole designed to test the lithological and structural architecture that was proposed off the back of the initial diamond drilling campaign.

It is anticipated this will provide understanding of the potential size of the mineralised system and delineate the targeting framework at depth.

The program is also aimed at extending the known mineralisation footprint beyond two previously reported holes that contained healthy significant gold intersections.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.mtmalcolm.com.au