Warriedar Resources Makes New High-Grade Antimony Discovery

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THE DRILL SERGEANT: Warriedar Resources (ASX: WA8) declared a new antimony discovery from recent RC drilling undertaken at the company’s Golden Range project, located in the Murchison region of Western Australia.

Warriedar Resources has had some drilling wins this year along the ‘Golden Corridor’ located within the Golden Range project, within which is the Ricciardo deposit with a Mineral Resource Estimate (MRE) hosting 948,000 ounces gold.

Lifting its eyes from Ricciardo, Warriedar’ final RC drilling campaign for 2024 focussed on scout drilling at Azure Coast a group of historical pits located approximately 4 km south of Ricciardo and extending across a slightly longer strike length of approx. 2.6 km.

Drillhole AZRC003 was fast tracked to the lab after high antimony pXRF readings and visible stibnite were recorded.

Assays returned high-grade antimony including:

8 metres at 2.17 per cent antimony from 106m
2m at 1.92 per cent antimony from 122m.

“The discovery of high-grade antimony mineralisation approximately 4km south of Ricciardo substantially enhances the prospectivity of the broader ‘Golden Corridor’ for this critical metal, along with the entire shear of the broader Golden Range Project,” Warriedar Resources managing director and CEO Amanda Buckingham said in the company’s ASX announcement.

“This outcome also follows the highly encouraging initial antimony metallurgical testwork results for Ricciardo that we released last week.

“While we are excited about this emerging opportunity, I want to emphasise again that pursuit of this opportunity will be in parallel with our growth-focussed gold drilling at Golden Range, which remains our current core focus.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Black Canyon Confirms Outcropping Manganese at Wandanya

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THE DRILL SERGEANT: Black Canyon (ASX: BCA) recently completed detailed mapping and pXRF analysis of rock chip samples undertaken within the manganese corridors at the company’s Wandanya project in Western Australia.

Black Canyon cautioned market watchers that the results reported stemmed from visual estimates and pXRF readings and not laboratory analyses.

However, the company appeared confident the results demonstrate the scale potential of the manganese mineralisation discovered at Wandanya and potential for high-grade iron formations, which had not been previously drilled or mapped prior to Black Canyon prospecting the targets.

The portable XRF (pXRF) analysis identified multiple widespread rock chip samples with consistently similar grades to the RC drilling Black Canyon previously completed at W2, ranging between 30 and 50 per cent manganese.

Three kilometres overall strike of outcropping manganese mineralisation has now been confirmed, of which only 240 metres has been drill tested.

“Following the successful recent RC drill program, detailed mapping and rock chip sampling assay results continue to impress,” Black Canyon managing director Brendan Cummins said in the company’s ASX announcement.

“We are seeing strike extensive mineralisation along a 3km long corridor, which demonstrates the scale potential of this new and unique style of manganese mineralisation.

“Widespread outcrops and consistent high-grade manganese results from drilling and rock chip sampling are becoming a clear characteristic of the Wandanya discovery.

“In addition, we are eagerly awaiting the assay results from rock-chip sampling of the extensive hematite enriched iron formations also mapped in the area that look quite prospective.

“We look forward to returning with an RC rig in 2025 to further test these compelling targets along strike and down dip to determine their full-scale potential.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Miramar Resources Confirms Chain Pool Project Sedex Mineralisation

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THE DRILL SERGEANT: Miramar Resources (ASX: M2R) has outlined a 700m long anomaly displaying Sedimentary Exhalative (SEDEX) characteristics at the company’s Chain Pool project in the Gascoyne region of Western Australia.

Miramar Resources identified the anomaly via soil sampling at the Joy Helen prospect within the Chain Pool project.

The company declared the anomaly exhibits similarities to known Sedimentary Exhalative lead-zinc-silver deposits such as the high-grade Lady Loretta deposit in Queensland.

Miramar explained the Chain Pool project is located close to a major global-scale geological feature which is also known to host all large SEDEX base metal deposits in Australia.

“We originally pegged the Chain Pool Project due to the presence of mapped Durlacher Supersuite granite, which is the same unit that hosts the Yangibana and YIN rare earth deposits, but we quickly realised the potential for other deposit types,” Miramar Resources executive chairman Allan Kelly said in the company’s ASX announcement.

“Our initial rock chip sampling confirmed the historic high-grade mineralisation at Joy Helen and now, the results of our recent soil sampling have almost doubled the potential strike length of the prospect.

“Significantly, recent data collected at Chain Pool compares favourably with published data from known SEDEX deposits.

“We look forward to systematically progressing the opportunity at Chain Pool.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Anax Metals Confirms High-Grade Evelyn Intersections

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THE DRILL SERGEANT: Anax Metals (ASX: ANX) reported assay results for four diamond drill holes completed in August at the Evelyn project, part of the company’s Whim Creek project southwest of Port Hedland in Western Australia.

Anax Metals explained the purpose of the latest program was to test for down-plunge extensions and to increase drill density for resource conversion purposes.

The best intersection encountered was:

24AED002A
9.7 metres at 2.65 per cent coper equivalent (CuEq) from 180.3m, including 3.2m at 5.63 per cent CuEq from 186m.

The company drilled a further hole designed to intersect the high-grade shoot below previously announced drill hole JER074.

24AED001
13m at 2.56 per cent copper, 4.98 per cent zinc, 1.92 grams per tonne gold and 41g/t silver.

Anax declared Evelyn to remain open down plunge where the company is planning a Reverse Circulation (RC) drilling program for the coming quarter that it anticipates testing the potential plunge position at Evelyn as part of the campaign.

“Evelyn drilling continues to deliver high grade intersections, and we are excited to be expanding our exploration focus within the Evelyn region,” Anax Metals managing director Geoff Laing said in the company’s ASX announcement.

“The deposit remains open at depth which we will test in future along with current work focussing on targets with similar high-grade potential.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Dreadnought Resources Reports High-Grade Indicated Mangaroon Gold Resource

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THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) reported a JORC Code 2012-complaint Mineral Resource Estimate (MRE) for the company’s Star of Mangaroon project in the Gascoyne region of Western Australia.

Dreadnought Resources declared the MRE as a high confidence Resource with approx. 84 per cent labelled in the Indicated category.

The Resource sits on a mining lease with minimal production permits required and is considered amenable to open pit mining and remains open at depth and along strike.

The numbers have come in at 56,600 tonnes at 12.8 grams per tonne gold for 23,300 ounces gold.

This includes Indicated Resources of 44,400 tonnes at 13.6g/t gold for 19,500 ounces and Inferred Resources of 12,200 tonnes at 9.8g/t gold for 3,900 ounces.

The company labelled the initial Resource as a major milestone in its strategy to become a self-funded explorer indicating it will form the foundation for an open pit scoping study that is currently underway and expected to be completed in the March 2025 quarter.

“We are pleased that the Star of Mangaroon has delivered a high-grade Resource that supports the prospects for commercialisation,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.

“High grades, near surface and with exceptionally high metallurgical recoveries make the Star of Mangaroon a strong foundation for our self-funded explorer strategy.

“Over the next 12 months, Dreadnought will be focused on bringing the Star of Mangaroon into production and producing cashflow while outsourcing funding, development, haulage and processing to third parties.

“In parallel with this focus on development, will be delivering additional mineable ounces from our other advanced prospects also located on mining leases while building a pipeline of high-grade gold targets for drill testing in 2025.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Arrow Minerals Extends Known Niagara Bauxite Mineralisation

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THE DRILL SERGEANT: Arrow Minerals (ASX: AMD) reported assays from a maiden drilling program recently conducted on the company’s Niagara bauxite project in Guinea.

Arrow Minerals delivered the second batch of results its first drilling at the Niagara bauxite project, which it reported to have defined high-grade bauxite to over five kilometres cumulative strike within trucking distance of a multi-user railway.

Results from the latest batch of assays include:

BS000020
7 metres at 49.4 per cent aluminium oxide (Al2O3), 0.7 per cent silicon dioxide (SiO2) from surface;

BS000035
6m at 48.3 per cent Al2O3, 2.6 per cent SiO2 from surface;

BS000036
6m at 45.7 per cent Al2O3, 1 per cent SiO2 from surface;

BS000040
5m at 49.5 per cent Al2O3, 3 per cent SiO2 from surface;

BS000042
8m at 43.3 per cent Al2O3, 3.3 per cent SiO2 from 6m; and

BS000043
3m at 45.5 per cent Al2O3, 2 per cent SiO2 from 3m.

Arrow indicated it still has assays from another 90 holes pending.

“These are more strong results which have delineated three broad zones of mineralisation from surface over a combined 5km strike length within trucking distance of a multi-user railway at a time of record alumina and bauxite prices,” Arrow Minerals managing director David Flanagan said in the company’s ASX announcement.

“Guinea is the world’s largest and most important supplier of high-quality bauxite.

“These results are comfortably in line with the product that has made Guinea the world’s number one bauxite producer.

“Guinea bauxite is in high demand contributing approximately 30% of global consumption and at 45% Al2O3 and 3% SiO2 is currently approaching US$100/t CIF China.

“Arrow is focused on achieving its goal to be a low-capital, highly profitable mining operation that will serve as a platform for future growth.

“We are very excited about our drilling results and look forward to receiving more over the coming weeks, with the goal of estimating resources to form the basis for our planned Scoping Study to follow in the first half of 2025.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

 

Encounter Resources Confirms High-Grade West Arunta Niobium Discovery at Green

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THE DRILL SERGEANT: Encounter Resources (ASX: ENR) claimed confirmation of extensive, enriched, high-grade niobium mineralisation at the company’s 100 per cent-owned Aileron project in the West Arunta region of Western Austtralia.

Encounter Resources made the declaration on the back of the first RC drilling results received from the Green prospect at the Aileron project where assay results confirmed the presence of high-grade niobium mineralisation in the upper portion of the system.

The company said the results demonstrate the continuity of the high-grade niobium system from next door neighbour WA1’s Luni discovery in the south-west, across the tenement boundary into Green.

New intercepts from Green include:

EAL894
116 metres at 1.7 per cent niobium from 52m to EOH, including 28m at 3.3 per cent niobium from 62m and 32m at 2.1 per cent niobium from 95m; and

EAL899
81m at 1.5 per cent niobium from 39m, including 43m at 2.4 per cent niobium from 43m.

Encounter highlighted the 197 metres intersection of hole EAL894, claiming it to be the highest ‘grade x thickness’ RC drill intercept returned from the entire West Arunta province to date.

The company’s initial RC drilling at Green has now established a zone of strike extensive, thick, high-grade mineralisation, and subsequently, a diamond hole has been completed for metallurgical test work.

Further batches of assays from the remaining 30 RC holes completed across approx. 2km of strike at the western part of Green will be returned in the coming months.

“Green is a large mineralised carbonatite (+3km long) containing multiple zones of shallow, high-grade niobium mineralisation identified with aircore drilling,” Encounter Resources executive chairman Will Robinson said in the company’s ASX announcement.

“The first RC holes completed at the western side of Green demonstrate some of the best, depth extensive niobium mineralisation in the West Arunta.

“A further 30 RC drill holes have been completed at Green, through the better mineralised zones defined by aircore drilling, and we look forward to providing further assay results in the months ahead.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Impact Minerals Reports Lake Hope HPA Project Measured Resource

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THE DRILL SERGEANT: Impact Minerals (ASX: IPT) has reported a substantial and high-grade initial Measured Resource Estimate for the company’s Lake Hope High Purity Alumina (HPA) project, located east of Perth in Western Australia.

Impact Minerals reported a Measured Resource of 730,000 tonnes at 25.8 per cent alumina (Al2O3) for a contained 189,000 tonnes of alumina at the Lake Hope HPA project.

The company anticipates the Measured Resource to support the first 15 years or more of proposed HPA production from Lake Hope.

It is expected to underpin a Probable or Proven Reserve, subject to ongoing mining studies, test work, and economic studies to be completed as part of a Pre-Feasibility Study on Lake Hope.

Impact aims to bring Lake Hope into production to deliver low-cost, high-margin end products to a rapidly expanding global market.

Current prices for benchmark 4N HPA (99.99% Al2O3) and related products are more than US$20,000 per tonne.

Impact expects the Pre-Feasibility Study will be completed in Q1 2025 after the final reports from various contractors and consultants are received, which are expected in December and January.

“The new Mineral Resource Estimate will be incorporated, as per the JORC 2012 Code, into the Pre Feasibility Study for Lake Hope, which is nearing completion,” Impact Minerals said in its ASX announcement.

“Final reports from the engineering and design studies, mining schedules, and mining cost estimates, as well as from other contractors and consultants, are awaited.

“Some of these are expected in mid-December, and accordingly, the PFS is expected to be completed in Q1 2025.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Centaurus Metals Intersects More Shallow High-Grade Boi Novo Copper

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THE DRILL SERGEANT: Centaurus Metals (ASX: CTM) reported further results from drilling undertaken at the company’s 100 per cent-owned Boi Novo copper-gold project in the Carajás Mineral Province of northern Brazil.

Centaurus Metals drilling has delivered encouraging results, expanding both the shallow breccia-hosted high-grade copper mineralisation and intersecting more zones of thick disseminated mineralisation.

Drilling at the Nelore West prospect, from which visual results were reported in October, has intersected a shallow breccia zone of stringer and semi-massive sulphide mineralisation which has returned the following assays, including:

BON-DD-24-016
24.2 metres at 0.76 per cent copper and 0.05ppm gold from 42.3m, including 9.1m at 1.55 per cent copper and 0.08ppm gold from 57.4m.

Drill-hole BON-DD 24-021 intersected an 80-metre-wide zone of disseminated copper-gold mineralisation.

Centaurus explained all prospects remain open along strike and down-dip, with multiple Down Hole Electro-Magnetics (DHEM), Fixed Loop Electro-Magnetics (FLEM) and Induced Polarisation (IP) targets still to be tested.

The company recently extended this maiden drill campaign by an additional 2,000m to at least the end of 2024.

“The Boi Novo project is continuing to emerge as an exciting copper gold discovery with two distinct mineralisation styles,” Centaurus Metals managing director Darren Gordon said in the company’s ASX announcement.

“Our in-house EM team generated multiple DHEM and FLEM conductor plates that resulted in the discovery of the high-grade breccia zone that was intersected in drill hole BON-DD-24-016.

“The sulphide mineralisation was dominated by pyrrhotite, so we were very pleased to see that the zone of stringer and semi-massive sulphides carried sufficient chalcopyrite to return 9.1m at 1.55 per cent copper and 0.08 grams per tonne gold.

“With each drill-hole the team is improving their understanding of the controls of both the high-grade breccia mineralisation and the broad bulk-tonnage disseminated mineralisation at Boi Novo.

“Importantly, we still have multiple DHEM and FLEM plates and IP targets to follow-up with the mineralisation remaining open both along strike and down-dip.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Estrella Resources Claims New Supergene Manganese Discoveries

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THE DRILL SERGEANT: Estrella Resources (ASX: ESR) has claimed two new in-situ supergene manganese discoveries located within granted exploration licenses at the company’s Lautém Manganese project in Timor-Leste.

Estrella Resources made discovery of the Ira Miri prospect during reconnaissance mapping.

Ira Miri is described as a three-metre-high bed of outcropping supergene manganese.

The company reported portable XRF on crushed field samples returned high grades.

The second discovery is the Sica prospect an in-situ supergene manganese located in surrounding hills.

Estrella explained its exploration model predicted the position of this secondary supergene correctly.

Upcoming work is to entail collection of samples for analysis and follow-up geophysics being planned for the prospects and surrounding hills to locate additional in-situ supergene buried below scree material.

“We are thrilled to delineate further instances of wide-scale manganese mineralisation in the unexplored nation of Timor-Leste,” Estrella Resources managing director Chris Daws said in the company’s ASX announcement.

“While it is early exploration work, making discoveries is a numbers game.

“Identifying a swathe of encouraging prospects gives us a better chance of developing a high-grade manganese deposit.

“Furthermore, I am particularly impressed with the modelling work undertaken by our exploration team.

“What began with a blank sheet of paper when Estrella was first awarded tenure in December last year has emerged into a detailed and increasingly predictive discovery tool.

“Estrella will continue to develop and refine this model, which is expected to become even more powerful with the introduction of Induced Polarisation surveys, which are set to get underway soon.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE