New World Resources Identifies New Antler Targets

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THE DRILL SERGEANT: New World Resources (ASX: NWC) recently completed a surface geochemistry sampling program along strike from the company’s 100 per cent-owned Antler copper deposit in northern Arizona, USA.

The soil sampling program covered along-strike extensions of the geological sequence that hosts the Antler deposit with approximately 390 samples collected.

Three very-high priority anomalies have been delineated from the sampling the first being a strong soil anomalism directly over, and to the south of, the Antler deposit, another named the Antler Offset soil anomaly and a third called the Copper Knob soil anomaly.

Several additional anomalies of interest have also been delineated, over several of which, and those mentioned above the company has carried out initial field reconnaissance.

Further field checking, mapping and sampling will be undertaken at all of these targets over the coming months.

“Geologically, where there is one VMS deposit – such as Antler – there are often two, and sometimes more, all in close proximity to each other,” New World Resources managing director and CEO Mike Haynes said in the company’s ASX announcement.

“In light of this, we are very excited to have received very encouraging results from first-pass soil geochemistry sampling that covered more than six kilometres of the strike extensions of the geological sequence that hosts the Antler deposit.

“The Scoping Study we completed recently clearly demonstrated that considerable value could be generated by discovering and mining additional mineralisation and processing it through the stand-alone facility that we are targeting building.

“Extending the operation’s life and/or increasing production rates could therefore make the project’s economics look even more attractive.

“So, to be delineating new, high-quality exploration targets, from our very first phase of exploration work along strike from the Antler deposit, is very encouraging.

“We have engaged a geophysical contractor to conduct IP surveying over these targets as soon as possible, in advance of initial drill-testing, which we plan to undertake later this year.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@newworldres.com

 

Web: www.newworldres.com

 

Metal Hawk and IGO get Diamond Drilling Underway at Kanowna East

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THE DRILL SERGEANT: Metal Hawk (ASX: MHK) announced commencement of diamond drilling at the company’s Kanowna East project, located approximately 10km south of the Black Swan/Silver Swan nickel mine in the West Australian goldfields.

It appears IGO Limited (ASX: IGO) is keeping itself busy with the juniors as it is Joint Venture partner in the project and will be acting as manager of the drilling.

The program is to consist of several diamond drillholes designed to further explore the interpreted southern extension of the ultramafic corridor hosting the high-grade Silver Swan nickel sulphide deposit.

IGO recently achieved the Stage-1 joint venture milestone, acquiring a 51 per cent JV interest in Metal Hawk’s Kanowna East, Emu Lake and Fraser South projects.

IGO has elected to continue sole funding exploration and can earn an additional 24 per cent interest by spending a further $4 million on the JV projects.

Metal Hawk is free carried to decision to mine and retains 100 per cent of the gold rights at Kanowna East and Emu Lake.

“It’s great to see exploration drilling continue at Kanowna East under the management of our new JV partner, IGO Limited,” Metal Hawk managing director Will Belbin said in the company’s ASX announcement.

“The presence of widespread visible nickel sulphides in the first diamond hole drilled at Kanowna earlier this year was highly encouraging, and we look forward to seeing the results of this next phase of drilling.”

 

 

 

Email: admin@metalhawk.com.au

 

Web: www.metalhawk.com.au

 

Encounter Resources Announces IGO Diamond Drilling at Yeneena

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THE DRILL SERGEANT: Encounter Resources (ASX: ENR) informed the market this morning that its Joint Venture partner IOG (ASX: IGO) has commenced diamond drilling at the Yeneena copper-cobalt project in the Paterson Province of Western Australia.

Exploration at Yeneena is operated and funded by IGO under a $15 million exploration earn-in agreement.

Encounter Resources explained that exploration at Yeneena is focused on discovering high-value sediment-hosted copper deposits.

The strategy implemented by IGO involves the collection of primary datasets, with techniques used to acquire geological, geochemical and geophysical data.

Recently, 2021 aircore drilling assays were incorporated into a regional 3D model, which has been created through the integration of historical and modern datasets.

Regional target areas have been identified from the model, defining sub-basins the JV believes could contain similar rocks to those found at Nifty copper mine.

Diamond drill testing of these targets will be completed during the 2022 field season.

“We are pleased to be partnering with IGO towards unlocking the considerable copper potential of the Paterson Province of WA, demonstrated by the recent discoveries in the region at Winu and Havieron,” Encounter Resources managing director Will Robinson said in the company’s ASX announcement.

“The planned 2022 activities represent a significant program of high impact drilling targeting sediment hosted copper.

“A number of new and innovative exploration techniques have been applied to generate these high priority drill targets.

“The planned six-hole program of deep diamond drilling by IGO is a substantial investment in copper exploration at Yeneena.

“This drilling, coupled with the upcoming diamond drilling at our 100 per cent-owned Lamil prospect in the Paterson Province and by BHP at the Elliott copper project in the Northern Territory, means that the second half of 2022 is shaping as one of the most eventful drilling periods in Encounter’s history.”

 

 

 

Email: contact@enrl.com.au

 

Web: www.enrl.com.au

 

Codrus Minerals Drills Widespread Gold at Red Gate Gold Project

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THE DRILL SERGEANT: Codrus Minerals (ASX: CDR) received assay results from the Phase 2 Reverse Circulation (RC) drilling program at the company’s 100 per cent-owned Red Gate gold project in Western Australia.

Codrus Minerals said the results had confirmed the potential for a large-scale gold mineralised system.

The company explained the recent phase of wide-spaced drilling was designed to further unlock the geological potential of the Red Gate project as the company works to define the overall scale and potential of the mineralised system that has been identified to date.

Assay results from the second drill program include:

Porphyry West

RGRC029
10m at 1.19 grams per tonne gold from 52m down-hole, including 1m at 5.51g/t gold from 58m
10m at 1.4g/t gold from 66m down-hole; and

RGRC030
1m at 2.01g/t gold from 133m down-hole
4m at 1.08g/t gold from 149m down-hole.

Porphyry North

RGRC035
14m at 1.06g/t gold from 18m down-hole, including 2m at 3.97g/t gold from 18m
1m at 9.24g/t gold from 37m down-hole; and

RGRC039
1m at 2.83g/t gold from 41m down-hole.

“Our second phase of RC drilling at Red Gate has delivered very encouraging results over a significant area,” Codrus Minerals managing director Shannan Bamforth said in the company’s ASX announcement.

“The purpose of the program was to scope out the broader potential of the mineralised system and improve our understanding of the geological context and structural controls on the mineralisation.

“It has been very successful on both counts.

“Seeing grades of up to nine grams per tonne as well as several broader, lower grade zones, distributed over an extensive area, is a promising result which confirms the significant gold endowment of this under-explored project.

“Most of the individual zones of mineralisation encountered remain open along strike and down-plunge.

“This highlights the significant opportunity to define resources with further drilling.

“Given the strategic location of this project in the heart of an active gold mining district, Red Gate is a valuable and important asset for Codrus.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@codrusminerals.com.au

Web: www.codrusminerals.com.au

 

 

Estrella Resources Extends T5 Mineralisation at Carr Boyd

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THE DRILL SERGEANT: Estrella Resources (ASX: ESR) reported recent drilling at the company’s 100 per cent-owned Carr Boyd nickel-copper sulphide project outside Kalgoorlie-Boulder has located the continuation of the T5 deposit at depth below the Carr Boyd nickel mine area.

Estrella Resources explained that hole CBDD078A was targeting the down-plunge continuation of the T5 deposit 300 metres south of previous drilling, and south of a disrupting Proterozoic Dyke.

The hole intersected a 21.2-metre-long zone of disseminated to blebby nickel-copper sulphide mineralisation, including 1.8m of semi-massive and globular nickel-copper sulphides at the bottom of the interval on the basal contact.

“Drilling at T5 has again provided our team success with a significant step out hole south of the late-stage Proterozoic Dyke, encountering significant nickel and copper sulphides,” Estrella Resources managing director Chris Daws said in the company’s ASX announcement.

“DHEM will be a significant advantage as we follow the extent of the T5 Deposit.

“We continue to actively explore the Carr Boyd basal contact as we know that is the most likely place to find significant accumulations of nickel and copper sulphides.

“It has yielded two solid discoveries so far at T5 and Broonhill.

“At Gossan Hill, we are kicking off our first diamond drilling program this week and I’m looking forward to seeing the results and updating shareholders.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@estrellaresources.com.au

Web: www.estrellaresources.com.au

 

 

 

Musgrave Minerals Encounters More Gold at Cue JV

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THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) continued its run of positive assay results from current from diamond and aircore drilling programs on the company’s Cue Joint Venture with Evolution Mining (ASX: EVN) in Western Australia’s Murchison district.

Musgrave Minerals reported the diamond drilling has intersected potential ore grade intersections within a dolerite basement host unit at the West Island prospect.

Recent results include:

22CUDD008
2 metres at 66 grams per tonne gold from 438m, including 0.6m at 219g/t gold from 438m,
3.5m at 4.1g/t gold from 215m, and
3.8m at 5g/t gold from 127.9m.

22CUDD007
3.5m at 16.2g/t gold from 366m, including 1m at 50.1g/t gold from 366m.

The West Island zone is part of a broad regional seven kilometres-long anomalous gold corridor within the JV.

At a regional scale, aircore drilling of new areas on Lake Austin is continuing to identify further extensions to the favourable host dolerite stratigraphy with the majority of aircore assays still pending.

“This is another strong set of results and highlights the high-grade tenor of the gold systems at West Island,” Musgrave Minerals managing director Rob Waugh said in the company’s ASX announcement.

“The drilling confirms the presence of multiple basement gold lodes and ongoing drilling is aimed at defining the grade and continuity of individual lodes within the host dolerite sill.

“To complement these results aircore drilling continues to identify new untested areas of gold anomalism below the cover sequence along strike from known mineralisation.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@musgraveminerals.com.au

Web: www.musgraveminerals.com.au

 

Tietto Minerals Hits Big Gold in Côte d’Ivoire

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THE DRILL SERGEANT: Tietto Minerals (ASX: TIE) reported further shallow high‐grade gold results from infill drilling completed at AG Core, part of the company’s 3.45 million ounce Abujar gold project in Côte d’Ivoire, West Africa.

Latest results include:

ZDD1192A – Section 25A
1.72 metres at 61.27 grams per tonne gold from 9m, including 0.72m at 144.34g/t gold;

ZDD1222 – Section 28C
22m at 1.3g/t gold from 34m, including 1m at 11.15g/t gold; and

ZDD1194 – Section 25A
2m at 9.2g/t gold from 33m, including 1m at 16.63 g/t gold.

“Our infill drilling continues to add more shallow high‐ grade gold intercepts to AG Core,” Tietto Minerals managing director Dr Caigen Wang said in the company’s ASX announcement.

“These intercepts provide confirmation of the continuity of these plunging high‐grade shoots from close‐spaced 25 metre drilling.

“These latest results are from an expanded infill drilling program aiming to grow our Measured Resources over a 2.9 kilometres strike between Section Lines 0 to 29 at AG Core and AG South, as we expect to mine these areas during the first two years of Abujar gold production.

“Our exploration team is in the process of moving four of our DD rigs to test exploration targets on the main Abujar Shear, which remains still largely untested, and undertake new resource definition drilling.

“We are fully funded to production at Abujar, which has potential to be one of the largest gold producing mines in Côte d’Ivoire, with an expected production of 260,000 ounces of gold in the first year and 1.2 million ounces of gold in the first six years.

“Tietto has an experienced team on board to deliver Abujar on time and on budget.

“We are on track to deliver another mineral resource update this year.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@tietto.com

Web: www.tietto.com

 

 

E79 Gold Mines Commences Laverton South Drill Program

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THE DRILL SERGEANT: E79 Gold Mines (ASX: E79) has commenced a new phase of aircore drilling at company’s 100 per cent-owned Laverton South gold project in Western Australia.

E79 Gold Mines has designed the program to in-fill a large 1.6 kilometres long gold target it had delineated via its initial aircore drill program earlier this year and to provide more detailed geological information ahead of deeper reverse circulation (RC) drilling later this year.

“We are excited to get the aircore drill rig back to continue testing key targets at the Laverton South project,” E79 Gold CEO Ned Summerhayes said in the company’s ASX announcement.

“Recent aircore results confirmed the presence of significant gold anomalism over a strike length of more than 1.6 kilometres – and open along strike both to the north and south – at Target 3.

“Target 3 will be a priority for aircore follow-up in advance of RC drill testing.

“The large-scale program will comprise over 20,000 metres of aircore drilling, allowing us to cover a number of targets and to in-fill parts of Target 3 to gain a better understanding of the controls on the mineralisation, before we begin deeper RC drilling later this year.

“Drilling will also test for southern extensions of Target 3 as well as test multiple greenfields targets at Lake Yindana, pending heritage survey clearances.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@e79gold.com.au

 

Web: www.e79gold.com.au

 

Legacy Minerals Receives Harden Gold mine Assays

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THE DRILL SERGEANT: Legacy Minerals Holdings (ASX: LGM) brought the market up to speed regarding the exploration program being implemented at the company’s Harden Gold Mine prospect in New South Wales.

Diamond drilling was carried out to follow earlier RC drilling that returned high-grade gold intercepts that confirmed mineralisation extended along strike and down dip of historically mined areas.

This returned broad intersections that combined with the former to highlight the previously unknown large scale of the system, with broad mineralised zones intercepted within a wide and extensively altered shear zone.

Legacy has taken encouragement from these results for future drill campaigns targeting along strike and at depth.

“While not replicating the success of the initial reverse circulation drilling, the diamond drill program has confirmed a significant mineralised system and delivered significant geological insight into the Harden Gold Mine mineralisation providing LGM with additional data for its geological model,” Legacy Minerals managing director Christopher Byrne said in the company’s ASX announcement.

“It was disappointing that two of the priority drill holes intersected un-mapped workings, however these are the first ever diamond cored holes drilled into the prospect and the campaign has confirmed and highlighted the scale and extent of the mineralised system.

“The Harden project has significant potential which remains untested over the 1.2 kilometres mineralised strike.

“The company is developing drill targets to test part of the southern strike at McMahons Reef that saw historical intercepts including 3.6 metres at 21.7 grams per tonne gold.

“In the near term we will focus our exploration efforts on the Bauloora, Cobar, and Rockley projects.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@legacyminerals.com.au

 

Web: www.legacyminerals.com.au

 

Impact Minerals Gets Busy on Western Australia Portfolio

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THE DRILL SERGEANT: Impact Minerals (ASX: IPT) has been busy over the past months across several of the company’s early-stage exploration projects for a range of critical and battery metals in southwest Western Australia.

Impact Minerals explained it has put together its WA project portfolio over the past 18 months as part of a strategic change in focus of the company following the discovery of the Julimar deposit just north of Perth by Chalice Mining.

The company’s on-ground exploration programs in WA to date have been focussed on the Arkun-Beau-Jumbo projects some 150 kilometres southeast of Perth where it has spent time completing initial land access negotiations.

Other activities have included synthesis and interpretation of previous exploration work currently underway on other projects including Narryer, Dalgaranga and others.

This has entailed drill programs at Doonia and Hopetoun completed earlier this year, from which assays have been considerably delayed, however results are anticipated by the end of July.

Soil geochemistry surveys have been completed at both projects to help define follow up drill targets.

Assays results from these surveys are also due by the end of July.

 

 

Email: info@impactminerals.com.au

 

Web: www.impactminerals.com.au