Aurumin Drills Lengthy Two Mile Hill Gold Encounter

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THE DRILL SERGEANT: Aurumin Limited (ASX: AUN) has delivered an impressive drilling result from the third hole of recently completed reverse circulation (RC) and diamond drilling at the company’s 100 per cent-owned Central Sandstone gold project in Western Australia.

Aurumin is conducting the drilling hoping to both extend and better define the company’s previously reported inferred underground Mineral Resource Estimate (MRE) of 14.2 million tonnes at 1.1 grams per tonne gold for 500,000 ounces of gold at the Two Mile Hill deposit.

The company’s hopes were heightened after drilling hole SN_TM_RD_22_0003 that returned an intersection of 352.8 metres at 1.5g/t gold from 267.2m down hole.

As a bonus, mineralisation continued beyond that interval with a further 145.2m at 0.5g/t gold returned.

Highlights within the larger interval included:

12.8m at 2.9g/t gold from 298.2m;
8.4m at 9.3g/t gold from 392.2m, including 0.6m at 119g/t gold from 396.4m;
14.8m at 2.2g/t gold from 461.2m; and
25m at 5.4g/t gold from 531.2m including 0.85m at 80.6g/t gold from 532.1m.

“This is another great result and, along with the previously released diamond results, continues to add to the picture at Two Mile Hill,” Aurumin managing director Brad Valiukas said in the company’s ASX announcement.

“Along with the recently completed RC drilling at Shillington, this sets us up to now model the Shillington and Two Mile Hill deposits as a single geological complex, with known grade in the banded iron formation, mafic and tonalite.

“We anticipate results for the final diamond hole and RC pre collars shortly.

“We look forward to releasing those results and commencing an updated resource model directly after.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Web: www.aurumin.com.au

 

Austral Resources Reports New Drilling Results from Lady Colleen

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THE DRILL SERGEANT: Austral Resources (ASX: AR1) reported new assay results from a reverse circulation (RC) drilling program currently underway at the company’s Lady Annie copper project at Mt Isa, Queensland.

Austral Resources has been drilling the Lady Colleen copper prospect within the Mt Kelly deposit at Lady Annie that has produced assay results of:

MTKC0628
18 metres at 4.21 per cent copper (from 160m downhole), including 5m at 7.1 per cent copper (from 164m downhole);

MTKC0627
8m at 3.05 per cent copper (from 139m downhole); and

MTKC0626
4m at 3.16 per cent copper (from 107m downhole) and 6m at 1.75 per cent copper (from 120m downhole).

Austral said the results received to date had confirmed the continuity and extent of the high-grade core at Lady Colleen that remains open along strike in both directions.

As the Lady Colleen drilling program continues, further assay results are expected over the coming weeks.

“These drill results combined with known high-grade mineralisation only 100 metres from the surface augurs well for the development of the resource,” Austral Resources CEO Dan Jauncey said in the company’s ASX announcement.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Web: www.australres.com

 

 

Tambourah Metals Expanding Lithium Projects at Russian Jack

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THE DRILL SERGEANT: Tambourah Metals (ASX: TMB) is demonstrating lithium promise on the company’s Russian Jack project in Western Australia.

Tambourah Metals announced results of recent rock chip sampling at Russian Jack that produced assay grades up to 1,420ppm lithium.

The company has had two new exploration licenses recently granted taking the total tenement area to approximately 250 square kilometres of the Bonney Downs Monzogranite.

Located approximately 220 kilometres from Port Hedland and 75km from Nullagine the Russian Jack project has historic tin and tantalum prospects and is considered by Tambourah to be highly prospective for hosting lithium / spodumene bearing pegmatites.

“The initial pegmatites sampled from Russian Jack are very encouraging and demonstrate the potential of the tenure to host pegmatite swarms,” Tambourah Metals executive chairperson Rita Brooks said in the company’s ASX announcement.

“The Split Rocks Supersuite is the engine room of the East Pilbara for the emplacement of pegmatites and the granting of these two exploration licenses will provide the impetus for accelerated lithium exploration within this large tenement package.

“The granting of these tenements enables Tambourah to implement the planned project scale exploration program that commences with the analysis of hyperspectral data leading to site location and sampling of prospective pegmatites and culminating in drilling targets.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@tambourahmetals.com.au

 

Web: www.tambourahmetals.com.au

 

Mt Monger Resources Reviews REE potential at East Laverton Project

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THE DRILL SERGEANT: Mt Monger Resources (ASX: MTM) is becoming increasingly confident of the REE potential of the Pt Kidman prospect, part of the company’s East Laverton project in Western Australia.

Mt Monger Resources recently completed a review of rare earth element (REE) potential Pt Kidman that entailed drilling that intersected encouraging widths and grades of REE mineralisation in all areas that were tested.

The area of known REE anomalies extends over and area of more than 20km by 10km, which the company has interpreted to indicate the Pt Kidman area represents a potentially large-scale, rare earth element project.

The recent drilling program only tested a small part of this prospective terrane but has locally shown good continuity and grade within the mineralised zone within the weathering profile over Archaean granitoid rocks.

“Since listing in July 2021 Mt Monger has been excited to test the potential for shallow, rare earth element mineralisation at our East Laverton project,” Mt Monger Resources managing director Lachlan Reynolds said in the company’s ASX announcement.

“A work program since that time has recently culminated in a reconnaissance aircore drilling program that confirmed the presence of broad, shallow mineralisation in the weathering profile over parts of the target area.

“The successful drilling has emphasised the potential scale of the REE mineralised terrane.

“The company’s exploration team now have identified numerous opportunities to test for both extensions of the known mineralisation and for new zones of mineralisation.

“Planning and permitting is currently underway to undertake further drilling and we are keen to understand if the area contains higher-grade zones and what variations exist in the ‘basket’ of rare earth elements that the mineralisation contains.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@mtmongerresources.com.au

 

Web: www.mtmongerresources.com.au

 

Auroch Minerals Releases Nepean Nickel Project JORC Mineral Resource Estimate

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THE DRILL SERGEANT: Auroch Minerals (ASX: AOU) released a Mineral Resource Estimate (MRE) for the Nepean nickel project (Auroch Minerals 80%; Lodestar Minerals 20%) in Western Australia.

Auroch Minerals announced the JORC 2012-compliant MRE for the project’s known shallow nickel mineralisation (above 290mRL).

The estimation has come in at 236,000 tonnes at 1.5 per cent nickel and 0.11 per cent copper for 3,625 tonnes of contained nickel and 252 tonnes of contained copper.

Approximately 50 per cent of the new Nepean MRE is within the Indicated Resources category, with the potential to increase this proportion with minimal additional drilling.

“We are very pleased with the JORC (2012) MRE for the shallow nickel mineralisation at the Nepean nickel project,” Auroch Minerals managing director Aidan Platel said in the company’s ASX announcement.

“Whilst we know there exists significant high-grade nickel sulphide mineralisation at depth in and around the historic underground mine workings, we are currently focussed on the shallow nickel mineralisation above and around the old mine that could potentially be mined in an open-pit scenario.

“Earlier this year we completed metallurgical testwork that confirmed the shallow nickel sulphide mineralisation is amenable to traditional beneficiation techniques for Kambalda-style nickel sulphides.

“Now that we have successfully modelled this small but significant shallow nickel resource, we can commence mine studies and design as part of the Nepean Scoping Study that will assess the potential to fast-track the project towards development and production from a future open pit mining scenario.

“We are also pleased to commence exploration drilling at Nepean early next week.

“The IP target that aligns with the footwall of a high-manganese ultramafic is a high priority nickel sulphide target that we look forward to drill testing, and we will keep the market updated with results as they come to hand.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@aurochminerals.com

 

Web: www.aurochminerals.com

 

Hammer Metals Pinpoints New Drill Targets at Mount Hope

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THE DRILL SERGEANT: Hammer Metals (ASX: HMX) has identified two new Induced Polarisation (IP) anomalies on the company’s 100%-owned Mount Hope tenement in North-West Queensland.

Hammer Metals generated the new drill targets recently having completed IP geophysical surveys across the Mount Hope tenement.

A maximum IP anomaly of >42mv/v was recorded in the survey along trend from nearby copper workings that was identified by the company to represent an immediate drilling prospect.

A total of five IP lines were completed covering prospective trends to the east, south and north of the main Mount Hope historic workings.

The survey outlined several anomalies, with two targets considered suitable for immediate drilling and further zones identified for further ground review.

“It’s pleasing to see such strong anomalies generated from the intensive geophysical programs that we have been undertaking across our tenure,” Hammer Metals managing director Daniel Thomas said in the company’s ASX announcement.

“The highly encouraging anomaly at the Stubby prospect will be added to our extensive ongoing drilling program and offers another exceptional copper-gold target for our shareholders.

“A strong news pipeline has been developed, with an active drilling program on prospective targets continuing and further geophysical results on the horizon.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@hammermetals.com.au

 

Web: www.hammermetals.com.au

 

 

Alto Metals Reports New Shallow Oxide Gold Results from Indomitable East

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

Alto Metals said the program intersected shallow gold in multiple holes, with mineralisation defined over a total strike of over 800 metres and continues to remain open to the north-west, the south-east and at depth.

New shallow gold results from this latest program include:

SRC709
11 metres at 1 grams per tonne gold from 63m, including 4m at 2.1g/t gold from 70m, and 13m at 5.4g/t gold from 80m, including 3m at 16.7g/t gold from 81m;

SRC708
21m at 1.4g/t gold from 33m, including 2m at 5g/t gold from 41m; and

SRC700
21m at 1.2g/t gold from 47m, including 1m at 7.5g/t gold from 56m.

“We are pleased to announce further excellent results from our ongoing program at Indomitable, where we continue to define additional shallow oxide gold mineralisation outside the current resource,” Alto Metals managing director Matthew Bowles said in the company’s ASX announcement.

“There is no mineral resource currently defined at Indomitable East and this latest drilling has, along with historical drilling, now defined mineralisation over 800 metres of strike that remains open to both the north-west and south-east.

“These results continue to highlight the camp scale growth potential we see at Indomitable, which sits within a much larger 20 kilometres gold corridor.

“Assays are currently pending from the drilling recently completed at the Musketeer target and the rig has now been moved back to follow up on some of the recently announced shallow high-grade intercepts from Indomitable North, including SRC629 which returned 15 metres at 4.2 grams per tonne gold from just 30 metres depth.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@altometals.com.au

 

Web: www.altometals.com.au

 

Musgrave Minerals Hits More High-Grade Big Sky Gold

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THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported further assay results from reverse circulation (RC) drilling completed at the Big Sky deposit south-west of Lena and Break of Day, on the company’s 100 per cent-owned ground at the Cue gold project in Western Australia’s Murchison district.

Musgrave Minerals explained the latest results emanated from a combination of infill and extensional drilling that highlight high-grade and variable grade gold within near-surface mineralisation along the Big Sky deposit.

This drilling is the first phase of a larger program Musgrave has aimed at infilling and upgrading key sections of the Big Sky deposit for future resource updates and conversion from Inferred to Indicated Resource categorisation.

New zones of mineralisation encountered outside the current Mineral Resource boundary included:

22MORC159
4 metres at 20.9 grams per tonne gold from 19m;

22MORC168
3m at 10.1g/t gold from 95m;

22MORC198
7m at 2.8g/t gold from 34m;

22MORC169
1m at 17.7g/t gold from 37m; and

22MORC201
1m at 20.3g/t gold from 52m.

“The latest assay results from infill and extensional resource drilling at Big Sky confirm the potential of the system to host higher grade zones and improves the confidence in the geological continuity of the deposit,” Musgrave Minerals managing director Rob Waugh said in the company’s ASX announcement.

“A significant number of these new drill holes host mineralised intervals well above the current resource grade of the deposit.

“This is the first phase of a larger program at Big Sky with further drilling due to commence following completion of the current program at White Heat-Mosaic.

“This drilling will continue to focus on the top 120 metres of the Big Sky deposit with the aim to convert a significant portion of the near-surface mineralisation to the greater confidence Indicated Resource category.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@musgraveminerals.com.au

 

Web: www.musgraveminerals.com.au

 

 

Meeka Metals Continues High-Grade Gold Run at Turnberry

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THE DRILL SERGEANT: Meeka Metals (ASX: MEK) reported assays from a further seven diamond holes drilled at Turnberry central, part of the company’s 100 per cent-owned Murchison gold project in Western Australia.

Mekk Metals drilled below the 2021 Scoping Study open pit shell to receive assays demonstrating continuity of the thick zones of gold below the planned pit.

Assays also confirmed the high-grade nature of the western lode, which sits 20 to 50 metres to the west of the main zone of mineralisation at Turnberry central.

Results included:

22TBRCDD009
18 metres at 4.41 gras per tonne gold from 252m, including 10m at 7.26g/t gold and 23m at 2.52g/t gold from 281m, including 10m at 4.31g/t gold;

21TBRCDD027
19m at 2.62g/t gold from 364m, including 3m at 5.46g/t gold; and

21TBRCDD018
16m at 2.18g/t gold from 301m, including 5m at 4.41g/t gold.

“These results continue to demonstrate the broad zones of gold at Turnberry extend below the 2021 Scoping Study open pit design,” Meeka Metals managing director Tim Davidson said in the company’s ASX announcement.

“Importantly, the high-grade western lode located 20 to 50 metres to the west of the main lode was confirmed to extend 150 metres to the south of previous intersections where visible gold was also logged in drill holes.

“The western lode is a potential underground mine below the planned open pit.

“We are now seeing the depth potential of this highly fertile seven kilometres system that hosts both Turnberry and St Anne’s.

“With these results from Turnberry in hand, our focus is now on drilling out St Anne’s, targeting primary mineralisation in the fresh rock.

“Diamond drilling at St Anne’s will commence in early October 2022.

“This will, provide additional capacity to target primary mineralisation in the fresh rock, while also gathering important structural information about the St Anne’s mineralisation.

“Shallow strike extensional drilling into the oxide zones remains ongoing at St Anne’s.”

 

TO READ THE FULL ANNOUNCMENT: CLICK HERE

 

Email: info@meekametals.com.au

 

Web: www.meekametals.com.au

 

 

Emmerson Resources Commences Drilling at Golden Forty Gold Project

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THE DRILL SERGEANT: Emmerson Resources (ASX: ERM) has commenced a reverse circulation (RC) and diamond drilling program at the Golden Forty project, within the company’s 100 per cent-owned Southern Project Area near Tennant Creek in New South Wales.

Emmerson Resources is drilling to test for extensions to the historic high-grade gold mineralisation (approx. 12g/t gold) at the Golden Forty Mine and potential at the nearby Golden Forty East project.

The program operated and managed by Emmerson and funded as part of the $5 million earn-in to the Southern Project Area by Joint Venture (JV) partner Tennant Consolidated Mining Group (TCMG).

The company is hopeful that results will advance this project to a scoping study with potential to be added to the mining schedule that contains recently announced resources for the Chariot and Mauretania deposits.

“The Golden Forty mine reportedly produced more than 50,000 ounces of gold at a high-grade of approx. 12 grams per tonne gold in the typical high value style of mineralisation seen across Tennant Creek,” Emmerson Resources managing director Rob Bills said in the company’s ASX announcement.

“Drilling at Golden Forty is aimed at adding further resources to the inventory and mine schedule ahead of establishment of the central mill by our partner TCMG.

“We have recently announced JORC resource estimates for Chariot and Mauretania under the Small Mines JV with partner TCMG.

“Providing this current program is successful, we anticipate resource additions from Golden Forty that may be amenable to future open pit mining.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: corporate@emmersonresources.com.au

 

Web: www.emmersonresources.com.au