Gateway Mining Increases Montague Resources to over 526,000 ounces

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THE DRILL SERGEANT: Gateway Mining (ASX: GML) reported an initial Mineral Resource Estimate (MRE) for the Julias deposit, a recent discovery made within the company’s recently renamed Montague gold project, located in the Northern Murchison Goldfields of Western Australia.

Gateway Mining explained the change of project name from Gidgee gold project to Montague gold project to better reflect the key geological features in the area and the previous mining operations undertaken in the late 1980’s – early 1990’s.

According to the company, the name change will also remove potential confusion with other projects in the region, namely the former Gidgee gold mine which is located on the adjacent tenement package owned by Horizon Gold (ASX: HRN).

Gateway has added the Julias deposit Mineral Resource, bringing the Global Mineral Resources for the Montague project over the key milestone of half a million ounces to 526,000 ounces of gold.

The Julias MRE comprises a total of approx. 1.9 million tonnes at 1.3 grams per tonne gold for 77,000 ounces (Indicated and Inferred).

This MRE is the culmination of the past 12 months of drilling at Julias by Gateway, which deliberately targeted the mineralisation contained within the oxide zone.

“Our multi-pronged exploration strategy continues to pay dividends at Montague, with the discovery and rapid delineation of the Julias oxide discovery adding high-quality low-cost ounces just two kilometres from the cornerstone Montague-Boulder and Whistler deposits,” Gateway Mining managing director Mark Cossom said in the company’s ASX announcement.

“Importantly, we have added these ounces at a discovery cost of just $9 per ounce – an impressive result!

“Additionally, we have a clear pathway to grow the deposit with recent air-core drilling highlighting extensions to the mineralised trend to the south-west over a strike length of at least 700 metres.

“We are planning further RC drilling later this financial year to target additions to this initial Julias JORC Resource.

“With assays pending on several fronts, from recent RC drilling to test extensions to the Montague-Boulder, Achilles and Evermore deposits, we are looking forward to a busy end to the year as we continue to build critical mass at Montague with our resource inventory now passing the half-million-ounce mark.

“We have made the strategic decision to rename the project the Montague gold project for a range of reasons, not least of which is the geological importance of the Montague Granodiorite as the major feature controlling mineralisation in the greenstone belt, and to differentiate it from the historic Gidgee gold mine, which is owned by our neighbours Horizon Gold.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.gatewaymining.com.au

 

Ardiden Confirms Further Broad Zones of Pickle Lake Gold Mineralisation

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THE DRILL SERGEANT: Ardiden (ASX: ADV) received further results from drilling carried out at the company’s Pickle Lake gold project in Ontario, Canada.

Ardiden reported 16 additional exploration drilling results it considers to further illustrate the belt scale potential across the Western Hub of the Pickle Lake project.

The results included a thick mineralised intersection at the Dobie deposit of:

DB22- 01
8.5 metres at 4.05 grams per tonne gold from 92.5m within a broader mineralised envelope of 26.51m at 2.1g/t gold from 77.8m.

The Dorothy deposit returned an intersection of:

DR22-02
2.48m at 3.4g/t gold from 50.52m within a broader mineralised envelope of 38.48m at 0.97g/t gold from 50.52m.

Drilling at the Tonsil deposit intersected high-grade mineralisation consistent with the Golden Patricia formation, returning:

DD22-02
0.86m at 62.8g/t gold from 115m;

DD22-14A
0.5m at 8.68g/t at from 64.62m; and

DD22-13
0.5m at 3.21g/t gold from 60m.

“These results confirm our targeting strategy along the Golden Patricia trend and supports our broader vision for what we anticipate at Pickle Lake as we better understand the controls of gold mineralisation and work towards opportunities to make significant discoveries,” Ardiden exploration manager Haydn Daxter said in the company’s ASX announcement.

“These new results allow us to build confidence around our geological model.

“The remaining 11 completed holes from the Western Hub drill program are expected to be reported in October as final assay results arrive from Canada and are analysed.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.ardiden.com.au

 

 

Blackstone Minerals Confirms Canadian Nickel Sulphides.

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THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) reported on recent exploration activities on the company’s projects in Canada.

Blackstone Minerals completed a drilling campaign at its Gold Bridge gold and nickel-cobalt project in British Columbia and a review of prospecting and historic drill core at the Twilight nickel-copper Sulphide project in Labrador

Highlights from Gold Bridge include:

Jewel prospect:

Maiden drill hole JWD21-01

0.9m at 1.45 per cent copper, 0.56 per cent nickel and 0.19% Co from 376.7m, including 0.27m at 3.86 per cent copper, 1.63 per cent nickel, 0.62 per cent cobalt,1.49 g rams per tonne gold and 45g/t silver from 376.98m, with multiple gold intersections up to 0.3m at 5.7g/t gold.

Western Gem prospect:

Maiden drill hole WGD21-01

81m ultramafic-hosted disseminated sulphides at 0.21 per cent nickel from 65.36m

Reviewing historic drilling at the Twilight project revealed an intersection of up to 16m at 0.16 per cent nickel and 0.15 per cent copper from 151.7 m, including 0.55 m at 0.34 per cent nickel, 0.36 per cent copper and 374ppm cobalt from 159.15 m associated with gabbro-hosted disseminated sulphides.

“The maiden three-hole drill program testing Induced Polarisation targets at the Jewel and Western Gem prospects successfully encountered disseminated and massive sulphides, and test-work has confirmed the presence of significant nickel sulphides in addition to the cobalt, gold, silver and copper sulphides,” Blackstone Minerals managing director Scott Williamson said in the company’s ASX announcement.

“The recognition of broad disseminated nickel sulphide zones adds an exciting new exploration dimension to the Gold Bridge district that Blackstone will be following up starting with high powered ground EM to test for massive sulphide zones.

“Blackstone has also entered into an option agreement over a gabbro hosted nickel-copper sulphide project in Labrador, home to the world class Voisey’s Bay nickel-copper-cobalt sulphide deposit.

“Reconnaissance field inspection confirms nickel and copper sulphide fertility, with the company now looking forward to testing this very underexplored area for massive sulphides with modern high powered ground EM.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.blackstoneminerals.com.au

 

Lefroy Exploration Intersects Copper Mineralisation at Lovejoy

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THE DRILL SERGEANT: Lefroy Exploration (ASX: LEX) hit copper mineralisation during recent diamond drilling on the company’s wholly-owned Eastern Lefroy gold project outside Kalgoorlie in Western Australia.

Lefroy Exploration reported a diamond hole drilled at the Lovejoy prospect, located 1.5 kilometres north of the recent Burns gold-copper discovery, intersected copper mineralisation of a boisterous enough nature to excite the company.

Dimond hole LEFD008 was drilled to 364 metres down hole and intersected a 145m long interval of copper mineralisation between 130m-275m that included a 42m length of hydrothermal breccia, which hosts extensive native copper and copper sulphides from 233m – 275m.

The drilling was carried out to follow up pervious results returned from RC drilling that also encountered encouraging copper hits.

The company said the intensity of native copper mineralisation in the breccia zone was further demonstrated by copper coating the outside of several steel drill rods from the drill string.

“This is a remarkable new discovery of copper mineralisation 1.5 kilometres north of Burns, which is open,” Lefroy Exploration managing director Wade Johnson said in the company’s ASX announcement.

“With every hole drilled we advance and grow the overall Burns project.

“We believe the copper-rich breccia is a component of a larger magmatic system, the limits of which we are yet to define.

“Lovejoy has always been a high priority target given its unique geophysical signature, as well as the significant results generated from LEFR297 in 2021 that ended in 1.5 per cent copper at 258 metres.

“We have acted immediately on this new discovery and while we eagerly await the assays from LEFD008, we expect more encouraging visual results with follow-up diamond hole LEFD009.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.lefroyex.com

 

Black Cat Syndicate Confirms Open Gold at Speedy

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THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) continued its run of drilling highlights from the company’s 100 per cent-owned Coyote gold operation in northern Western Australia.

Black Cat Syndicate received assays for the first 15 holes of a 37 hole RC drill program at the shallow, high-grade Speedy deposit that it said had continue to confirm gold mineralisation in targeted positions.

Latest assays received include:

22CYRC0009
9 metres at 19.22 grams per tonne gold from 172m, including 1m at 88.5g/t gold and 1m at 41.5g/t gold;

22CYRC0009
6m at 2.16g/t gold from 164m;

22CYRC0010
3m at 3.22g/t gold from 143m; and

22CYRC0011
3m at 2.14g/t gold from 129m.

Black Cat noted these results confirm that Speedy is not closed off at depth or along strike.

“The bonanza grade of 9 metres at 19.22 grams per tonne gold and up to 88.5 grams per tonne over one metre at Speedy is typical of the Coyote mineralisation,” Black Cat Syndicate managing director Gareth Solly said in the company’s ASX announcement.

“This result highlights the upside of the system and we expect to see more results of this quality as our drilling progresses.

“At Coyote if you intersect a quartz lode there is a good chance that high-grade gold mineralisation is nearby.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.blackcatsyndicate.com.au

 

 

Miramar Resources Identifies Lang Well REE Targets

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THE DRILL SERGEANT: Miramar Resources (ASX: M2R) joined the ranks of the ‘me too’ rare earth element (REE) hopefuls with the identification of multiple large REE targets at the company’s 100 per cent-owned Lang Well project in the Murchison region of Western Australia.

Miramar Resources had previously identified pegmatite occurrences across the project that had not been previously analysed for lithium or REE.

Rock chip samples were taken and analysed in the northern part of the project, from which Miramar identified the potential for multiple additional outcropping and/or buried pegmatites and/or for shallow clay-hosted REE mineralisation.

“Our limited previous rock chip sampling focussed on the areas of historically recorded outcropping pegmatites in the north of the project,” Miramar Resources executive chairman Allan Kelly said in the company’s ASX announcement.

“The regional radiometric data suggests the potential presence of multiple rare-element pegmatites which are commonly found in gneissic terrains, such as Lang Well, whilst the historic aircore result and the auger REE anomalism is suggestive of shallow clay-hosted REE mineralisation.

“We will shortly complete a systematic geochemical sampling campaign focussing on the areas with overlapping radiometric anomalies and REE anomalism in the south-eastern part of the project, including in the areas covered by the new application.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.miramarresources.com.au

 

 

Mamba Exploration Identifies Ashburton / Gascoyne REE Targets

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THE DRILL SERGEANT: Mamba Exploration (ASX: M24) reported identification of new rare earth element (REE) targets within the company’s Ashburton / Gascoyne project tenements located in the upper Gascoyne region of Western Australia.

Mamba Exploration identified the targets via reprocessing of Ashburton / Gascoyne regional radiometric data.

The reprocessing highlighted at least eight distinct anomalies within the project tenements.

“The Gascoyne has long been the ‘forgotten’ part of the mineral endowment of Western Australia,” Mamba Exploration managing director Mike Dunbar said in the company’s ASX announcement.

“Thanks to the recent discoveries in the region made by Dreadnought and Kingfisher, this has finally changed, and we are pleased that the potential is starting to be recognised.

“Our tenement package, which covers approximately 610 square kilomteres, was secured in 2020 as part of our IPO on the belief that the potential of the area could host significant discoveries, which appears to be being vindicated.

“We are pleased to announce that the reprocessing of the radiometric data has identified at least eight discrete anomalies that warrant follow up.

“As a result, the field team will be traveling to the project in the next few weeks with our pXRF to test these targets.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.mambaexploration.com.au

 

Saturn Metals Hits Thick Shallow Gold at Hercules

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THE DRILL SERGEANT: Saturn Metals (ASX: STN) received promising results from exploration of the area surrounding the company’s Apollo Hill gold project near Leonora in Western Australia.

Saturn Metals is implementing a strategy of exploring for complementary gold deposits in proximity to the recently upgraded 1.47 million ounces Apollo Hill Mineral Resource.

Follow up aircore (AC) drilling at the Hercules prospect has returned several, thick, shallow, gold intersections, including:

AHAC1323
20 metres at 0.92 grams per tonne gold from 32m, including 8m at 1.68g/t gold from 44m;

AHAC1322
12m at 1.05g/t gold from 32m; and

AHAC1297
7m at 1.71g/t gold from 39m.

“It is great to see a coherent gold system coming together at Hercules as we invest in additional drilling,” Saturn Metals managing director Ian Bamborough said in the company’s ASX announcement.

“We still have several exciting dimensions and theories to test.

“We look forward to the next round of drilling and to results from our ongoing regional AC program in the greater gold prospective terrain surrounding Apollo Hill.

“Results from an additional 9,000 metres of AC drilling completed across the Apollo Hill land package will be reported when assay results are returned.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.saturnmetals.com.au

 

 

Global Lithium Resources Intercepts High-Grade Lithium at Manna

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THE DRILL SERGEANT: Global Lithium Resources (ASX: GL1) reported the best drilling result to date from the company’s Manna lithium project in Western Australia.

The Manna lithium project currently hosts an Inferred Mineral Resource of 9.9 million tonnes at 1.14 per cent lithium oxide (Li2O), which the company anticipates updating following the completion of the current drilling program and additional metallurgical test work to be undertaken in Q4 2022.

Assay results returned from Manna include:

5.7 metres at 1.82 per cent Li20 from 136.7m, including 4.3m at 2.08 per cent Li20 from 136.7m, including 0.4m at 3.65 per cent Li20 from 136.7m;

3.9m at 1.72 per cent Li20 from 148.9m;

6.8m at 1.65 per cent Li20 from 160.3m, including 3.7m at 2.06 per cent Li20 from 160.3m; and

6.8m at 1.49 per cent Li20 from 313.2m, including 4m at 1.98 per cent Li20 from 315m.

“It is very encouraging to see such high-grade spodumene zones within the pegmatites at the Manna lithium project,” Global Lithium Resources general manager – exploration Stuart Peterson said in the company’s ASX announcement.

“This result shows that the spodumene crystal growth was complete during the pegmatites formation and having these clean, high-grade spodumene intervals within the pegmatites should provide a clear metallurgical upgrade pathway to produce a saleable lithium concentrate.

“The diamond drilling program is a crucial part of this resource drill out program.

“Not only does it provide valuable mineralogy and understanding about the lithium bearing pegmatites, it also allows the company to potentially add significant tonnes to the existing resource.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.globallithium.com.au

 

 

Emmerson Resources Drills High-Grade Copper-Gold Growth at Hermitage

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THE DRILL SERGEANT: Emmerson Resources (ASX: ERM) continues to drill growth at its Hermitage copper-gold discovery at the company’s 100 per cent-owned project at Tennant Creekin New South Wales.

Emmerson Resources received remaining assay results from drilling at the Hermitage discovery, which is one of a cluster of 100 per cent Emmerson owned prospects where the application of new exploration technologies is unlocking new discoveries.

Drilling highlights include:

HERCDD006
52.5 metres at 1.03 per cent copper, 1.36 grams per tonne gold and 0.11 per cent bismuth from 131.5m, including 4m at 5.66g/t gold and 0.47 per cent copper from 141m;
12m at 3.39g/t gold; and
3.04 per cent copper from 172m, including 3m at 12.51g/t gold and 2.95 per cent copper from 181m.

HERCDD005
5m at 1.06g/t gold, 0.58 per cent copper and 0.13 per cent bismuth from 75m; and
6m at 1.88g/t gold, 0.83 per cent copper and 0.11 per cent bismuth from 105m, including 3m at 3.67g/t gold, 1.38 per cent copper and 0.21 per cent bismuth from 105m.

Emmerson said the drill holes from the phase 2 drill program build on previous high-grade results while extending the strike extent and potential for multiple, ironstone hosted copper-gold mineralisation to the north of the central ironstone.

This mineralisation is open along strike to the east and west and plunging down beneath the fault that is to be the subject of future drilling.

“Now we have all the assay results of the phase 2 drilling, Hermitage is on scale with many of the major historical discoveries in the Tennant Creek Mineral Field,” Emmerson Resources managing director Rob Bills said in the company’s ASX announcement.

“The grades of copper, gold, cobalt, and bismuth are outstanding, as evidenced by angled scissor drill hole HERCDD010, successfully aimed at testing beneath the fault and discovery drill hole HERCDD003 – ranked on a global basis as one of the best intersections for 2021.

“Encouragingly, this phase 2 drilling indicates that the gold, copper and bismuth grades increase with depth and remain open in all directions.

“The addition of cobalt and bismuth to the copper and gold at Hermitage adds to the inventory of future facing metals relevant to the battery, superconductor, magnet, and 3D printing, suite of metals.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.emmersonresources.com.au