Gateway Mining Scores RC Gold Results Along Caledonian-Evermore Trend

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THE DRILL SERGEANT: Gateway Mining (ASX: GML) reported assay results from Reverse Circulation (RC) drilling at the company’s Montague gold project in the Murchison Region of Western Australia.

Gateway Mining is drilling targeting extensions to known mineralisation along the major Caledonian-Montague Shear system, which hosts the Montague-Boulder and Evermore deposits within the project area.

The RC drilling was completed as part of a larger program designed to test extensions to existing deposits within the Montague Project area.

Gateway Mining was only able to complete two holes due to access restrictions caused by historical mining waste dumps and tails storage facilities.

However, both holes intersected wide zones of shearing with associated quartz veining within the interpreted structure at depth, returning assays of:

GRC1005
13 metres at 1.4 grams per tonne gold from 101m, including 2m at 6.4g/t gold; and

GRC912
18m at 0.5g/t gold from 106m.

“The strategic focus of much of our recent drilling has been to open up new avenues where we see the opportunity to make quantum leaps in terms of discovery and resource growth at the Montague gold project,” Gateway Mining managing director Mark Cossom said in the company’s ASX announcement.

“The Caledonian-Montague Shear System is clearly one such opportunity.

“We have now intersected significant primary mineralisation over a vast strike distance, from the Caledonian pit in the south to the Evermore deposit in the north.

“There are big gaps in the drilling, and we see a clear pathway to add further ounces and make further discoveries along this large, well-endowed shear zone system.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

Web: www.gatewaymining.com.au

 

 

E79 Gold Mines Hits Multiple Zones of Significant Gold Anomalism

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THE DRILL SERGEANT: E79 Gold Mines (ASX: E79) recently completed an air-core drilling program across Target 3 and Target 4 at the company’s Laverton South gold project in Western Australia.

E79 Gold Mines received assay results from the first 80 holes of the program, drilled at Target 3, which have demonstrated thick zones of gold anomalism.

A Central Core zone has been identified where a thick zone of anomalous gold persists until the end-of-hole.

Best results include:

22LRAC246
18 metres at 0.15 grams per tonne gold from 52m; (east end of drill line)

22LRAC256
8m at 0.21g/t gold from 48m;

22LRAC264
19m at 0.13g/t gold from 80m; and

22LRAC268
12m at 0.19g/t gold from 68m.

“The air-core program at Target 3 was to in-fill the wide spaced drill lines from the previous program and extend the anomaly to the south, where it remains open,” E79 Gold CEO Ned Summerhayes said in the company’s ASX announcement.

“The assays received so far are from the in-fill part of the program.

“The identification of a central core is an exciting development: in addition to being below the regional paleochannel, the central core target shows a thick zone of anomalous gold to the end-of-hole.

“The gold pathfinder elements, evidence of fluid flow and location close to a granite/sediment/mafic contact at the central core zone has analogies to large deposits in the region such as Victory (St Ives) and Sunrise Dam (AngloGold Ashanti), both of which were discovered under thick transported cover with RAB/AC drilling giving the first clues to the mineralisation.

“We look forward to testing this target at depth with the upcoming RC drilling program.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

Web: www.e79gold.com.au

 

 

Meeka Metals Claims New Wood Lode Gold Discovery

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THE DRILL SERGEANT: Meeka Metals (ASX: MEK) is pleased to report the discovery of a new lode at St Anne’s, part of the company’s 100 per cent-owned Murchison gold project in Western Australia.

Meek Metals’ recent shallow drilling at St Anne’s intersected a zone of strong oxide gold mineralisation, now called the ‘Wood’ lode, on a previously untested contact.

Assays include:

22SAAC165
16 metres at 3.48 grams per tonne gold from 48m, including 8m at 6.17g/t gold;

22SAAC164
12m at 2.48g/t gold from 76m, including 8m at 3.55g/t gold; and

22SAAC128
12m at 1.38g/t gold from 88m, including 4m at 2.27g/t gold.

Assays are pending for a further 25 shallow strike extension holes and drilling remains ongoing.

“The ongoing shallow drilling at St Anne’s continues to expand the footprint of high-grade oxide mineralisation within this large gold system,” Meeka Metals managing director Tim Davidson said in the company’s ASX announcement.

“The Wood lode is the first of a number of targets to be tested outside of the Driver and Iron lodes, which sit on the western mafic contact at St Anne’s and where we have been drilling since June 2022.

“This positive early result from the first target in our broader, but disciplined, target testing program highlights the growth opportunity available at our Murchison gold project.

“Reinforcing this is the success the team are having with deeper RC drilling at St Anne’s, which intersected high-grade and visible gold in fresh rock below the oxide horizon, and diamond drilling, which has intersected the shear zone with intervals of sulphides and quartz marking the lode position.

“Core processing is underway with first assay results from the diamond holes expected in December 2022.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.meekametals.com.au

 

Alto Metals Encounters Wide Gold intercept at Indomitable

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THE DRILL SERGEANT: Alto Metals (ASX: AME) reported more results from ongoing drilling at the Indomitable Camp, within the company’s 100 per cent-owned Sandstone gold project in Western Australia.

Alto Metals had designed the RC drilling program to be carried out at Indomitable and Indomitable North to infill and test extensions between and to the north-west of existing resources.

Extensional holes targeting the area between Indomitable and Indomitable North existing resource pit-shells delivered one of the highest gram-metre results drilled at Indomitable by Alto (SRC808).

Drilling intersected shallow gold in multiple holes returning results of:

SRC808
80 metres at 1.6 grams per tonne gold from 21m, including 10m at 5.2g/t gold from 43m;

SRC812
18m at 0.7g/t gold from 8m and 32m at 1.1g/t gold from 79m, including 6m at 2.1g/t gold from 87m; and

SRC803
18m at 1.1g/t gold from 47m, including 3m at 2.3g/t gold from 51m, and 5m at 3g/t gold from 129m, including 1m at 9.7g/t gold from 129m.

Alto explained the drilling is focused on increasing the current open-pitable 635,000 ounces a 1.6 grams per tonne gold resource at the Sandstone gold project, with an updated mineral resource planned for the March quarter in 2023.

Alto Metals managing director Matthew Bowles said in the company’s ASX announcement.
“These results highlight the extensive mineralisation that exists well beyond the existing resource at Indomitable, with SRC808 intersecting a high-grade structure of 10 metres at 5.2 grams per tonne within an overall 80 metres at 1.6 grams per tonne from only 21m depth – which is one of our best results from Indomitable to date.

“A number of assays are still pending from our resource drilling at Indomitable, focused on further extending the resource and we look forward to receiving these in the coming weeks.

“With drilling now almost completed at Indomitable East, we are preparing to commence our maiden drilling program to test high-grade gold targets at the Oroya mine, which has not been drilled in over 15 years.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.altometals.com.au

 

 

Kin Mining Deep Diamond Drilling Large-Scale Gold Targets

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THE DRILL SERGEANT: Kin Mining (ASX: KIN) has kicked off its next phase of exploration and resource growth drilling at the company’s 100 per cent-owned 1.41 million ounces Cardinia Gold Project (CGP), located near Leonora in Western Australia.

Kin Mining has commenced an initial deep diamond drilling program to evaluate Induced Polarisation (IP) geophysical anomalies located below the Helens, Helens East, Cardinia Hill and Rangoon deposits.

A total of five separate targets have been identified and will be tested with a series of approximately 350 metres deep diamond holes into each.

This is the first generation of deeper targets to be tested at Cardinia and represents a big exploration development for the project.

Kin is also ramping up exploration activities elsewhere as part of its ongoing exploration campaign at the CGP.

This will involve a combination of Reverse Circulation (RC) and diamond drilling that is scheduled to commence later this month to further evaluate the under-explored Rangoon area, located within the Eastern Corridor area at Cardinia.

Drilling results from Rangoon and other prospects within this corridor over the past 12 months have reinforced the substantial endowment of the Eastern Corridor as a priority focus for exploration at the CGP.

“The current diamond drill program will test the first generation of deeper targets at Cardinia and continues our efforts to uncover new large-scale discoveries within the exciting Eastern Corridor,” Kin Mining managing director Andrew Munckton said in the company’s ASX announcement.

“Preparations are also underway for a new phase of RC and diamond drilling at Rangoon, where we see excellent potential to add to the updated 95,000-ounce resource announced last quarter.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.kinmining.com.au

 

 

Cygnus Gold Commences James Bay Resource Drilling

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THE DRILL SERGEANT: Cygnus Gold (ASX:CY5) has commenced drilling at the company’s Pontax lithium project in the James Bay lithium region of Quebec, Canada.

Cygnus Gold reported the 10,000 metres drill program will focus on both Resource definition and step out drilling over the next six months.

The company explained the initial focus of this first stage drill program is to target down dip and along strike extents of the known high-grade Pontax Central outcrop, which has existing known shallow, high-grade intercepts of up to 2.6 per cent lithium oxide (Li2O) from only 19.4 metres.

“We are delighted to be drilling such highly prospective lithium targets within just three months of acquiring the project,” Cygnus Gold executive director Michael Naylor said in the company’s ASX announcement.

“We know from previous drilling that there is significant high-grade spodumene over a 620 metres strike length.

“This initial phase of drilling is designed to extend that known mineralisation down dip and along strike.

“The bulk of existing drilling only scrapes the surface at around 80 metres vertical depth.

“The first few holes will test the potential to increase the size of the system rapidly.

“The Cygnus team has also just completed a recent site visit to assist with executing the mapping and sampling programs from which we are eagerly awaiting results.

“We are already seeing exciting results across the board with LiDAR proving to be a highly efficient tool in identifying vegetation-covered outcrop, with several new pegmatites now mapped and sampled across the project.

“With approximately $10 million in cash and commitments, it’s going to be an exciting six months as exploration begins to ramp up, with 10,000 metres of drilling just beginning.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.cygnusgold.com

 

Alicanto Minerals Hits Visual Sulphides at Greater Falun Project

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THE DRILL SERGEANT: Alicanto Minerals (ASX: AQI) reported visual zinc-copper-silver-lead in first drill hole at the Skyttgruvan-Naverberg target within the company’s Greater Falun project in Sweden.

Alicanto Minerals said drill hole GRO22-19 at the Skyttgruvan-Naverberg target intersected multiple zones of massive sulphide and semi-massive to disseminated sulphides over a 43 metres interval within the prospective limestone unit associated with an extensive skarn alteration.

The massive sulphide intersections consist of sphalerite, galena, chalcopyrite and pyrrhotite over discrete zones of mineralisation up to seven metres in width.

Native silver mineralisation has also been identified within the massive sulphide intervals.

Based on the visual mineralisation seen to date, a second diamond drillhole has commenced to target extensions of the mineralisation system.

“While still early days, to hit multiple zones of polymetallic massive sulphide in our first drill hole at one of our priority targets at the Greater Falun project is a great result,” Alicanto Minerals managing director Rob Sennitt said in the company’s ASX announcement.

“This result, along strike from the historic Falun Mine, builds on our thesis that the Greater Falun project is part of a major mineralised belt that forms part of a significant mining district in the region.

“We have already commenced a follow up hole to further identify the scope and extent of this discovery.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.alicantominerals.com.au

 

 

Thor Mining Hits High-grade Gold at Kelly’s Ridge

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THE DRILL SERGEANT: Thor Mining (ASX: THR) reported on recent drilling from the company’s Kelly’s Ridge prospect in the Eastern Pilbara of Western Australia.

Thor Mining said the drilling had encountered high-grade gold along Kelly’s Ridge were previous rock chip sampling at surface reported up to 15 grams per tonne gold and 535g/t silver.

The company received its best intercept to date of:

22RRC0052
4 metres at 12.2 grams per tonne gold from 194m.

“The intercept of 4 metres at 12.2 grams per tonne gold is an exceptional result under Kelly’s Ridge, especially given the depth of the 194 metres downhole, showing excellent grade continuity from the surface,” Thor Mining managing director Nicole Galloway Warland said in the company’s ASX announcement.

“This confirms the potential of the site as indicated by historical drilling. Furthermore, with more drilling results to come, we are looking forward to gaining further understanding of the project.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.thormining.com

 

St George Mining Intersects Pegmatites with Visible Lithium

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THE DRILL SERGEANT: St George Mining’s (ASX: SGQ) lithium search is paying early dividends with the company reporting encouraging results from its Mt Alexander project in the Goldfields of Western Australia.

St George Mining said there had been early indications that the maiden RC drill program has intersected lithium-bearing pegmatites below surface with rock chip samples returning assays of up to 3.25 per cent lithium oxide (Li2O).

High-grade lithium assays were returned in a second batch of rock chip samples submitted for laboratory assay,

MARK238
3.25 per cent Li2O, 225ppm caesium oxide (Cs2O), 53ppm Tantalum pentoxide (Ta2O5) and 1.24 per cent rubidium (Rb);

MARK235
1.89 per cent Li2O, 180 ppm Cs2O, 86ppm Ta2O5 and 0.63 per cent Rb;

MARK278
1.35 per cent Li2O, 307ppm Cs2O, 192ppm Ta2O5 and 0.77 per cent Rb; and

MARK250
1.24 per cent Li2O, 96ppm Cs2O, 93ppm Ta2O5 and 0.55 per cent Rb.

St George has a diamond drill rig on its way to Mt Alexander that will initially test for deeper extensions to the mineralised pegmatites and assist with the geological interpretation of the evolving lithium targets.

Several diamond holes will then be drilled to test high-priority nickel targets including strong EM conductors and the large seismic reflector located near the interpreted granite/greenstone contact south of the high-grade Cathedrals nickel-copper-PGE deposit.

“Exploration is in full swing at Mt Alexander and we are delighted with the positive results being delivered by our team in the field,” St George Mining executive chairman John Prineas said in the company’s ASX announcement.

“Exciting news is starting to emerge from our first-ever lithium drill program at the Jailbreak prospect which – though still at an early stage – has already confirmed the near-surface continuity of lithium-bearing pegmatites.

“The latest assays for rock chip samples have delivered our highest-grade lithium values at Jailbreak, providing further validation of the potential for pegmatite-hosted lithium mineralisation at Mt Alexander.

“Significantly, the high-grade assays now extend across five pegmatites mapped across a broad area.

“The drilling program will increase in scope next week with diamond drilling scheduled to commence alongside the ongoing RC campaign.

“With drilling of both our nickel and lithium targets at Mt Alexander, the next few weeks will be a very productive end to the year for St George and we look forward to reporting more results to shareholders as they come to hand.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.stgm.com.au

 

Great Boulder Resources Continues High-Grade Results at Mulga Bill

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THE DRILL SERGEANT: Great Boulder Resources reported drilling results from the Mulga Bill prospect at the company’s Side Well gold project near Meekatharra in Western Australia.

Great Boulder Resources received results from RC drilling carried out at Mulga Bill during August and September this year that was conducted at both the High Grade Vein (HGV) area in the north and the Primary Zone in the centre of the Mulga Bill prospect.

Results include:

22MBRC061
13 metres at 25.5 grams per tonne gold from 96m, including 4m at 76.9g/t gold from 100m, and 5m at 8.65g/t gold from 182m, including 1m at 35.4g/t gold from 183m (HGV area);

22MBRC067
10m at 28.74g/t gold from 96m, including 4m at 29.4g/t gold from 96m and 1m at 121g/t gold from 101m (Central Zone); and

22MBRC069
14m at 5.22g/t gold from 92m, including 4m at 7.56g/t gold from 96m and 2m at 20.47g/t gold from 102m (Central Zone).

“These results demonstrate exciting upside across a number of prospects,” Great Boulder Resources managing director Andrew Paterson said in the company’s ASX announcement.

“Firstly, we have some extremely high-grade results in the central area of Mulga Bill which has seen less drilling than the HGV area.

“These hits highlight the potential for additional high-grade zones to the south.

“Secondly, we have extended the HGV area further north and opened up the potential that it may continue north of the cross-cutting Proterozoic dyke.

“This area remains relatively untested by RC drilling so there is a lot of scope for extensions in that direction.

“Thirdly, the intersections on our new eastern high-grade lode discovery from a small number of test holes provide confidence in our geological model and targeting process.

“Lastly, and significantly is the ongoing identification of new targets coming from our AC drilling.

“With new areas to test at Flagpole, Loaded Dog and Ironbark South we have a very busy program ahead of us.”

 

Web: www.greatboulder.com.au