Dundas Minerals Hits 358m of Massive, Semi-Massive, Disseminated Sulphide at Central

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THE DRILL SERGEANT: Dundas Minerals (ASX: DUN) set the market alight by announcing the interception of a mafic-ultramafic complex at the company’s Central exploration target in Western Australia.

Dundas Minerals reported its first drill hole (22CEDD001) into the Central target encountered extensive zones of massive, semi-massive, highly disseminated and disseminated sulphides.

Diamond drill hole one (22CEDD001, or Hole 1) was completed to a depth of 423.4m and on the way hit:

• 4.26 metres massive sulphide averaging 88 per cent volume estimate (including: 1.44m from 209.68- 211.12m at 90 per cent estimated volume, and 1.29m from 253.41-254.7m at 95 per cent estimated volume);

• 4.96m semi massive sulphide averaging 55 per cent volume estimate (including: 1.6m from 154.6- 156.2m at 50 per cent estimated volume, and 0.81m from 163.1-163.91m at 55 per cent estimated volume);

• 7.6m matrix/net, blebby and stringer sulphide averaging 40 per cent volume estimate (including: 3.3m from 149.4-152.7m at 40 per cent estimated volume, and 2.2m from 194.3-196.5m at 40 per cent estimated volume);

• 136.16m highly disseminated sulphide averaging 17 per cent volume estimate (including: 15.5m from 115-130.5m at 15 per cent estimated volume, and 12.65m from 350.25-362.9m at 12 per cent estimated volume); and

• 205.39m disseminated sulphide averaging 5 per cent volume estimate (including: 16.31m from 302.48- 318.79 at 3 per cent estimated volume, and 11.75m from 260.92-272.67m at 5 per cent estimated volume).

“Whilst we were always quietly confident of the geophysical data modelling, especially the AMT and SkyTEM EM models, and optimistic that we would drill massive sulphides with Hole 1 – to see it transpire as it has is extremely rewarding for the small Dundas Minerals team, actually it’s an outstanding result,” Dundas Minerals managing director Shane Volk said in the company’s ASX announcement.

“We now very much look forward to receiving the assay results from Hole 1 and to the drilling of our second hole at Central, which will be almost vertical.

“Hole 2 is targeting the centre of line 11000 AMT anomaly to a depth of more than 500 metres.

“Given the results from Hole 1, we’d expect to intercept sulphides again in Hole 2.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.dundasminerals.com

 

 

Greenstone Resources Reports Mt Thirsty PGE Mineralisation Hits

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THE DRILL SERGEANT: Greenstone Resources (ASX: GSR) reported assay results from recent drilling carried out at the company’s Mt Thirsty Joint Venture (MTJV) (Conico Limited 50%) near Norseman in Western Australia.

Greenstone Resources received assays for the first eight drill holes of the 12 holes drilled to date of the campaign.

The eight holes reported have all intercepted highly anomalous palladium-platinum-gold-copper-nickel (PGE) mineralisation.

The company explained the current Phase I drill campaign is testing for extensions to the recent palladium-platinum-gold-copper-nickel (PGE) discovery of Galileo Mining (ASX: GAL) that sits less than 200 metres from the MTJV’s northern tenement boundary.

Results include:

MTRC003D
27 metres at 0.33g/t palladium + platinum + gold (3E) , 0.12 per cent nickel and 0.05 per cent copper from 198m;

MTDD001D
18m at 0.29g/t 3E, 0.11 per cent nickel and 0.05 per cent copper from 182m; and

MTRC009D
10.2m at 0.23g/t 3E, 0.09 per cent nickel and 0.01 per cent copper from 199m.

“The historical focus of Mt Thirsty has primarily focussed on the near surface oxide Resources, with the more recent PGE exploration occurring in largely untested geological horizons,” Greenstone Resources managing director and CEO Chris Hansen said in the company’s ASX announcement.

“Over the past weeks our geological understanding of the potential controls on mineralisation has evolved rapidly and we continue to dynamically adjust our exploration model to reflect this.

“We are reassured to have received highly anomalous PGE mineralisation in all holes completed to date, and more importantly the two recent most holes, MTRC0011AD and MTRC005D, have intersected significantly thicker sedimentary packages, which are interpreted to be a key control on mineralisation.

“With a further seven holes planned as part of the aggressive Phase I drill campaign, we look forward to testing the majority of the prospective strike horizon at Mt Thirsty over the next four weeks.

“Following the completion of the PGE drill campaign the multipurpose drill rig will then move to the western margin to test the recently identified lithium potential where eight pegmatite outcrops have been mapped over a 1,000-metre strike horizon.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Web: www.greenstoneresources.com.au

 

Hamelin Gold Drills Gold Potential at West Tanami

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THE DRILL SERGEANT: Hamelin Gold (ASX: HMG) has been busy at the company’s West Tanami gold project in Western Australia.

Hamelin Gold reported initial results from an EIS co-funded diamond drilling as well as a recently completed ultra-detailed airborne magnetic survey at the project’s Camel prospect.

Diamond drilling results included a wide zone of gold mineralisation intersected at Camel of:

TSD0005
47.85 metres at 0.3 grams per tonne gold from 107.05m containing high-grade veins including, 0.42m at 3.62g/t gold from 114.65m, 0.23m at 5.09g/t gold from 143.2m, 0.32m at 5.8g/t gold from 147.48m, and 0.35m at 5.21g/t gold from 154.5m.

“Recent results from the Camel gold prospect indicate the potential for a significant gold system at this under explored target,” Hamelin Gold managing director Peter Bewick said in the company’s ASX announcement.

“Results from the first of two EIS co-funded diamond drill holes confirm high-grade gold mineralisation at Camel associated within an array of quartz veins and thin breccias interpreted to mark the potential outer margins of a more significant gold zone open to the north west.

“An ultra-detailed airborne magnetics and radiometrics survey was flown across an 8km by 5km area which included the Camel prospect.

“This survey provided significantly enhanced magnetic imagery that has enabled a more detailed structural interpretation of this mineralised region.

“This information along with the identification of high-grade gold in outcropping quartz veins and ironstones has defined a collection of priority drill targets within the Camel gold system that we are excited to test.

“A 2000 metres RC drill program is due to commence by the end of October.

“This program will test the area to the north west of our initial orientation drill line as well as a series of other structural and geochemical targets recently generated in the Camel area.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.hamelingold.com.au

 

Lefroy Exploration Encounters Gold Copper Cobalt Intersection

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THE DRILL SERGEANT: Lefroy Exploration (ASX: LEX) reported assay results from recent drilling undertaken at the company’s wholly-owned Eastern Lefroy gold project southeast of Kalgoorlie in Western Australia.

Lefroy Exploration received the first assay results from a four-hole diamond drill program completed at the Burns gold-copper intrusion-related mineral system within the Eastern Lefroy project.

The company said the assay results from a 400 metres to 461m interval of 1245m deep, diamond drill hole, LEFD006, at Burns confirmed a new zone of gold-copper-cobalt mineralisation, providing further support for a polymetallic intrusion related system.

Within this 61m interval the drilling encountered a new mineralised and altered diorite porphyry, situated west of the main Central Porphyry suite at Burns.

This returned results that correspond to stronger zones of visually identified magnetite and sulphide mineralisation, and include:

19.6 metres at 0.33 grams per tonne gold and 0.75 per cent copper from 428m-447.6m, including 3.5m at 0.86g/t gold, 0.72 per cent copper and 0.09 per cent cobalt from 430m, and

6.3m at 0.47g/t gold, 1.7 per cent copper and 223ppm cobalt from 433.5m.

“Burns is a new and unique style of intrusion-related, gold-copper-molybdenum-silver mineral system,” Lefroy Exploration said in its ASX announcement.

“The gold, copper, silver (and lesser molybdenum) mineralisation, which is hosted by multiple diorite-porphyry intrusives and high-magnesium basalt, is considered by the company to be a new and unique style of gold-copper mineralisation in the Eastern Goldfields of Western Australia.”

 

 

 

Web: www.lefroyex.com

 

 

Miramar Resources Encounters Visible Gold in Second Glandore East Diamond Hole

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THE DRILL SERGEANT: Miramar Resources (ASX: M2R) reported visible gold hits from the second diamond drill hole completed at the Glandore East target within the company’s 100 per cent-owned Glandore project east of Kalgoorlie, in the Eastern Goldfields region of Western Australia.

Miramar Resources’ current diamond drilling program at Glandore East is following up on historic diamond drilling that intersected high-grade gold mineralisation.

The company reported the two holes drilled to date have confirmed the presence of high-grade gold mineralisation over a strike length of at least 100 metres and down to a vertical depth of 130m with mineralisation open in all directions at this stage.

“We believe there is potential for multiple NNE-trending high-grade veins at Glandore East, as well as substantial supergene gold mineralisation,” Miramar Resources executive chairman Allan Kelly said in the company’s ASX announcement.

“The second hole appears to confirm this interpretation and we look forward to the results of this hole.”

Miramar has also completed aircore drilling at the Boorara North, Whaleshark and Randalls projects and is anticipating receiving the results of these program over the coming weeks.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.miramarresources.com.au

 

Meeka Metals Drilling St Anne’s on Track to Murchison Pre-Feasibility Study

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THE DRILL SERGEANT: Meeka Metals (ASX: MEK) is in the middle of a RC drilling campaign at the St Anne’s deposit, part of the company’s 100 per cent-owned Murchison gold project in Western Australia.

RC hole 22SARC005 returned positive indications with visible gold observed in the RC chips.

Currently, shallow extensional and RC drill samples are being processed or in transit to the laboratory.

Diamond drilling will commence in early October 2022 and target primary mineralisation below and along strike from hole 22SARC005.

An initial St Anne’s Mineral Resource remains on track for release in the December 2022 quarter.

The company has deferred the current Pre-Feasibility Study to allow the inclusion of St Anne’s.

In addition to drilling underway in the Murchison, a short diamond drilling program has commenced at Circle Valley following up on high grade gold results returned from RC drilling in the first half of 2022.

“The positive results from the ongoing drilling at St Anne’s gives us confidence this large gold system will continue to grow,” Meeka Metals managing director Tim Davidson said in the company’s ASX announcement.

“This is reinforced by early indications from RC drilling underway at St Anne’s that has intersected abundant visible gold at the target depth below previously reported shallow, high-grade intersections in the oxide horizon.

“Given the shallow, high grade nature of mineralisation at St Anne’s and the potential for this to have a meaningful impact on the outcome of the Study, we have decided to defer the release of the Study.

“The expanded study incorporating St Anne’s will now be released in mid-2023.

“This will allow us to optimise the impact of St Anne’s on our other mining centres and mill sizing.

“In addition to drilling underway in the Murchison, diamond drilling has commenced at Circle Valley.

“This short program will provide valuable information for a larger drill program commencing in January 2023.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.meekametals.com.au

 

Great Boulder Resources Claims New High-Grade Gold Lode Discovery at Mulga Bill

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THE DRILL SERGEANT: Great Boulder Resources (ASX: GBR) reported identification of a new high-grade gold lode east of the Mulga Bill High-Grade Vein (HGV) at the company’s Side Well gold project near Meekatharra in Western Australia.

Great Boulder Resources made the identification from recent Mulga Bill Phase 3 and Phase 4 RC drilling programs that returned results of:

22MBRC055
6 metres at 25.83 grams per tonne gold from 268m; and
8m at 5.51g/t gold from 110m, including 4m at 8.93g/t gold from 112m;

22MBRC048
3m at 7.03g/t gold from 101m;

22MBRC056
8m at 54.6g/t gold from 120m; and

22MBRC046
6m at 4.59g/t gold from 94m.

“Mulga Bill is continuing to deliver a string of extremely high-grade gold intersections as we continue defining the extent and orientation of these structures,” Great Boulder Resources managing director Andrew Paterson said in the company’s ASX announcement.

“There are two results of particular interest in this batch of results.

“Firstly, the identification of a new high-grade lode where we drilled a deep intersection of 6m at 25.83g/t gold is a great result with exciting implications for new mineralisation.

“Secondly the 3m at 7.03g/t gold in hole 22MBRC048 sits in the gap between the HGV and Main zones at Mulga Bill, so we are hoping to define a new zone in that area to improve continuity of mineralisation between the two high-grade areas.

“Drilling is continuing at Mulga Bill.

“We are also looking forward to seeing the results from Phase 3 RC drilling at Ironbark shortly.”

 

 

Web: www.greatboulder.com.au

 

Elementos Confirms Oropresa Project’s Tin Potential

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THE DRILL SERGEANT: Elementos (ASX: ELT) reported that pilot scale metallurgical test work has confirmed ore from the company’s Oropesa tin project in Andalucía, Spain can be processed via a conventional tin flow sheet to produce a high-grade and commercially desirable tin concentrate.

Elementos said the metallurgical upgrade results from the pilot plant have confirmed the project’s Definitive Feasibility Study (DFS) flow sheet as well as production of a commercially appealing greater than 61 per cent tin concentrate with low impurity specifications.

“After a prolonged yet detailed metallurgical program Elementos is very pleased to be able to release these robust metallurgical results,” Elementos managing director Joe David said in the company’s ASX announcement.

“These results confirm the DFS flowsheet for the project with a production of a commercially appealing, high-grade and low impurity, tin concentrate of around 61 per cent tin.

“The resulting concentrate is not only low in impurities but is confirmed to be produced with economic average recoveries above 74 per cent, using a conventional and modern tin concentrate process flow sheet.

“This pilot scale flowsheet is now the basis for the DFS.

“We are pleased that this test work has built-on the core flowsheets from previous test work programs, with only minor optimisation changes being made during this program to creating a more robust flowsheet and concentrate product.

“The flow sheet from this test work will now be provided, under the ECI contract, to Duro Felguera who we will work alongside to mature the process engineering through the DFS design gates and into an EPC delivery contract.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.elementos.com.au

 

Caspin Resources Encounters Broad Zones of Gold-Silver and Copper-Molybdenum

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THE DRILL SERGEANT: Caspin Resources (ASX: CPN) released drill results from the first phase of reconnaissance aircore drilling at the Duchess prospect within the company’s wholly owned Mount Squires project in the West Musgrave region of Western Australia.

Caspin Resources recently completed the first part of a wide spaced reconnaissance aircore program over the Duchess prospect comprising 81 holes that identified two, distinctly different mineralisation trends; a gold-silver trend and a copper-molybdenum trend, now known as Duchess West and Duchess East, respectively.

At Duchess West drilling identified broad zones of silver with minor associated gold mineralisation.

This included a best result of:

MSAC0028
44 metres at 1.45 grams per tonne silver, including 12m at 3.4g/t silver from 28m to the end of hole.

This hole also returned an anomalous 0.2g/t gold in the last metre of the hole.

Drilling at Duchess East identified copper and molybdenum mineralisation in multiple holes over a strike length of at least 1,000m.

Best results include:

MSAC0023
21m at 63ppm molybdenum, including 4m at 233ppm molybdenum starting from surface to the end of hole; and

MSAC0054
20m at 1,013ppm (0.1%) copper from 20m to the end of hole.

“These are excellent results from a first-pass reconnaissance aircore program, designed to test the veracity of a large, polymetallic soil geochemical anomaly,” Caspin Resources CEO Greg Miles said in the company’s ASX announcement.

“The program has delivered exactly the results we were hoping for, confirming multi-commodity mineralisation over a very broad area.

“This is a style of mineralisation not previously seen in the region which is exciting in a frontier province like the West Musgrave.

“The results are perfectly timed with the commencement of a follow-up program of extensional and infill drilling before we move to the One Tree Hill prospect in the coming weeks.

“Importantly, it also demonstrates that our soil sampling programs are effective at identifying basement mineralisation, which augers well for the other soil anomalies in the project and the large number of outstanding soil results due to be returned over the coming months.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.caspin.com.au

 

Calidus Resources Underpins Expansion for Warrawoona with Blue Spec Reserve

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THE DRILL SERGEANT: Calidus Resources (ASX: CAI) announced a Reserve for the Blue Spec deposit, part of the company’s Warrawoona gold project in Western Australia.

Calidus Resources said the Blue Spec Reserve enables advancement of the Sulphide Plant project towards a Final Investment Decision in mid-2023.

The results of a Feasibility Study that supported the Blue Spec Reserve, coupled with the existing Copenhagen Reserve, demonstrates integration of these high-grade satellite deposits into the operating Warrawoona gold project will generate a considerable increase in production and operational cashflow for modest additional capital expenditure.

The Reserve for Blue Spec of 83,000 ounces combined with the 17,000 ounces Reserve at Copenhagen provides a combined 100,000 ounces Reserve that will be treated via the Stage 2 Sulphide Plant to be located at Warrawoona.

The Sulphide Plant would be constructed at Warrawoona with Blue Spec and Copenhagen ore trucked to Warrawoona for processing, a practical option given the low-volume, high-grade nature of both Blue Spec and Copenhagen.

“This maiden Reserve for Blue Spec shows we have a clear pathway to growing production at Warrawoona to 140,000 ounces a year, increasing free cashflow significantly and enabling us to leverage existing infrastructure,” Calidus Resources managing director Dave Reeves said in the company’s ASX announcement.

“Our growth strategy is now underpinned by Reserves of 600,000 ounces in a tier-one location, with a strategically located operational hub and exceptional team.

“Calidus is in an enviable position with a solid foundation of production and a strong growth pipeline based on a substantial Reserve base and significant scope for further increases in mine life through organic and inorganic growth.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.calidus.com.au