BMG Resources Extends High-Grade Gold at Abercromby

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THE DRILL SERGEANT: BMG Resources (ASX: BMG) will approach the RIU Sydney Resources Roundup with a spring in its step following the release of assay results from recent diamond drilling at the company’s Abercromby gold project in Western Australia.

BMG declared the drilling to have, “delivered another excellent batch of gold results”, which has added to the known mineralised envelope at the project’s Capital prospect that remains open at depth and along strike.

Results from the latest drilling, include:

20ABRC0002
31 metres at 6.18 grams per tonne gold from 162m, including 1m at 181.94g/t gold from 191m, and part of a broader 77m at 2.99g/t gold from 116m;

21ABDD004
10m at 11.71g/t gold from 295m, including 1.17m at 23.84g/t gold from 295.4m and 2m at 44.54g/t gold from 304m; and

21ABDD003
13.8m at 6.56g/t gold from 446m, including 1m at 86.02g/t gold from 446m.

BMG said the recent assays had built upon previous results achieved by its RC program by confirming extensions to multiple high-grade mineralised zones at the Capital prospect at depth and along strike – one of the primary goals for the current program.

Mineralisation at the Capital prospect has several primary north-west trending mineralised shear zones (lodes) that contain internal plunging high-grade gold shoots.

The latest drill results have continued to define these mineralised zones, the West Lode and East Lode, as well as a Hangingwall Lode to the east.

In addition, there are indications that there are further mineralised zones in the Capital area, in the footwall of the West Lode.

“It’s now well and truly game on at Abercromby,” BMG Resources managing director Bruce McCracken said in the company’s ASX announcement.

“In one single program, we have more than doubled the likely size of the deposit, intersected extremely high-grade gold in fresh rock, and proven the system is fertile at depth via the deepest drilling undertaken at the project to date.

“Our geological and grade models have again successfully targeted mineralisation at or very close to predicted locations, with extrapolation holding true at distances in excess of 250 metres.

“The nature and style of mineralisation is becoming well recognised, and the company is in a great position to leverage further success with the drill bit from here.”

 

 

Email: enquiry@bmgl.com.au

 

Web: www.bmgl.com.au

 

Black Cat Syndicate Produces Winning Drilling Results at Kal East

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THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) should be kept busy at the upcoming RIU Sydney Resources Roundup after the release of results from drilling programs recently completed across four mining centres within the company’s Kal East gold project in Western Australia.

Drilling at the Fingals Mining Centre focused on high priority targets, resulting in important advancements, including the identification and extension of the Western Lodes structure down dip and to the south of current drilling.

The company interpreted these results as potentially identifying a repeat of the high-grade Fingals style mineralisation.

Results include:

22FIRC068
4 metres at 6.17 grams per tonne gold from 38m and 2m at 3.79g/t gold from 44m; and

22FIRC071
1m at 20.4g/t gold from 29m.

Elsewhere at Fingals drilling extended the Southern Shoot along strike to the east and at depth, returning:

22FIRC003
3m at 5.19g/t gold from 250m and 3m at 3.65g/t gold from 262m.

Also included in results was the intersection of a potential repeat horizon at depth that Black Cat believes could host Southern Shoot style mineralisation, of:

22FIRC001
7m at 1.52g/t gold from 23m, 2m at 4.28g/t gold from 132m, and 1m at 1.23g/t gold from 267m.

A mineralised structure was also identified below the historic tailings dam:

22FIRC015
2m at 4.13g/t gold from 72m and 4m at 2g/t gold from 76m.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

At the Majestic Mining Centre first pass drilling 800m north of the Crown prospect produced promising results which are below a stripped profile and are like those seen upon the discovery of the Imperial/Majestic deposit.

Results include:

22IMRC008
1m at 3.9g/t gold from 51m, 3m at 1.3g/t gold from 64m and 4m at 1.99g/t gold from 70m.

Infill drilling to the south of Jones Find confirmed continuity of mineralisation, with shallow, high-grade intercepts further enhancing the potential scale and economics of an open pit at the Jones Find deposit, which is located 500m from the planned processing facility.

Results include:

22JFRC092
4m at 8.81g/t gold from 3m; and

22JFRC026
4m at 3.47g/t gold from 34m.

RC grade control drilling at the Myhree Mining Centre contained numerous thick, high-grade results, which confirmed multiple mineralised zones as expected.

Results include:

21MYGC084
7m at 9.5g/t gold from 9m;

21MYGC074
4m at 9.89g/t gold from 25m; and

21MYGC086
10m at 3.2g/t gold from 5m.

Black Cat’s final program of grade control drilling for the Myhree open pit is planned to commence in May 2022.

Drilling of two step-out diamond holes was undertaken at the Trojan Mining Centre to gain better understanding of the geology and to test mineralisation at depth.

Extensive zones of alteration were intersected demonstrating the extension of mineralisation approx. 150m below the historic open pit.

Results include:

21TNDD001
19.28m at 1.12g/t gold from 206.45m, 12m at 1.46g/t gold from 264.95m and 19.01m at 1.25g/t gold from 288.43m.

Black Cat indicated Follow-up drilling is required in all the above areas and is planned during the remainder of 2022.

“We have results back from four successful drilling programs at Kal East,” Black Cat Syndicate managing director Gareth Solly said in the company’s ASX announcement.

“Fingals remains open in all directions and at depth and we have identified a number of exciting, high priority targets that may lead to additional Resource growth.

“At Majestic, regional drilling indicates the potential for additional new discoveries while Jones Find continues to grow.

“Trojan has demonstrated that mineralisation extends well beyond the base of the open pit as well as potentially along strike.

“Grade control at Myhree continues to confirm the shallow, high-grade Resources in the open pit position.

“Additional grade control drilling will be completed at Myhree ahead of potential toll treatment.”

 

 

 

Email: admin@bc8.com.au

 

Web: www.blackcatsyndicate.com.au

 

 

Alchemy Resources Identifies Lithium Anomalies at Karonie

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THE DRILL SERGEANT: Alchemy Resources (ASX: ALY) has spotted a new coherent lithium and pathfinder elements anomalous corridor at the company’s 100 per cent-owned Karonie gold project near Kalgoorlie in Western Australia.

Alchemy identified the anomalies having conducted multi-element soil sampling at the Pecan/Mesquite/Hickory/Cherry prospects as part of a multi-commodity review.

The company’s analysis of lithium and pathfinder elements demonstrated a pattern of anomalism over 7km long and 1km wide with the northern zone having increasing levels of surface cover.

“The lithium and pathfinder anomalism identified by Alchemy’s soil sampling and recent rock chipping in proximity to Manna are an encouraging start,” Alchemy Resources CEO James Wilson said in the company’s ASX announcement.

“Mapping by our geologists has shown pegmatites in outcrop along strike of Manna which is made more significant by the fact that there’s been no pegmatites mapped in this region before.

“The geochemical review reaffirms the prospectivity of our large tenement package at Karonie in what has historically only ever seen gold and base metals exploration.

“Work is continuing to identify the other intrusive dykes in the vicinity through a program of detailed mapping and sampling.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@alchemyresources.com.au

 

Web: www.alchemyresources.com.au

 

Nexus Minerals Hits High-Grade Gold Link at Crusader-Templar

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THE DRILL SERGEANT: Nexus Minerals (ASX: NXM) reported on recent drilling activity at the Crusader–Templar prospect, within the company’s Wallbrook gold project in Western Australia.

Nexus Minerals reported the gold mineralisation tenor and widths it has observed in the recent holes complement and enhance its previous drilling results at Crusader-Templar, intersecting broad high-grade mineralisation.

41 of 43 RC drill holes intersected gold mineralisation exhibiting strike and depth continuity, returning results that included:

5m at 4.09 grams per tonne gold, within 43m at 1.2g/t gold from 20m;

7m at 3.4g/t gold, within 20m at 1.27g/t gold from 28m; and

3m at 4.91g/t gold, within20m at 1.43g/t gold from 43m;

“The drill results continue to impress, with broad high-grade zones of mineralisation being returned,” Nexus Minerals managing director Andy Tudor said in the company’s ASX announcement.

“The positive link zone drill results allow us to confidently confirm the joining of the Crusader and Templar prospects into a single 1.6 kilometres mineralised corridor.

“With the five drill rigs continuing to operate on site as planned, we are now well into the 6,000 metres diamond drill program and the follow-up 40,000 metres RC program at Crusader-Templar.

“The strength of these results continues to build our confidence in the potential for the Crusader-Templar prospect to evolve into a very large mineralised system.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.nexus-minerals.com

 

Musgrave Minerals Encounters Thick basement Gold Intersections at West Island, Cue JV

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THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported assays received from diamond and aircore drilling programs underway on the company’s Cue Joint Venture with Evolution Mining in Western Australia’s Murchison district.

Musgrave Minerals said the diamond drilling continued to intersect potential ore grade intersections over wide thicknesses in basement rocks at the West Island prospect, including:

22CUDD001
2.4 metres at 7.1 grams per tonne gold from 137.9m, and 19m at 4.43g/t gold from 282m, including 10.5m at 6.25g/t gold from 287m

22CUDD002
2.9m at 9.59g/t gold from 308.1m, and 12m at 4.89g/t gold from 322m, including 9m at 6.37g/t gold from 322m; and

21MODD035
6.55m at 4.66g/t gold from 253.45m.

Aircore drilling results have also extended the large regolith gold mineralisation footprint at the West Island prospect, identifying new zones for follow-up basement drill testing, intersections include:

21MOAC148
2m at 119.6g/t gold from 174m, 500m south of current West Island diamond drilling; and

21MOAC206
2m at 18.06g/t gold from 74m, in new target area 2.8km south of West Island.

“The gold system at West Island on the Cue JV with Evolution is a discovery that highlights the upside potential of the Cue project,” Musgrave Minerals managing director Rob Waugh said in the company’s ASX announcement.

“Diamond drilling continues to deliver strong basement results with drilling confirming the potential for multiple high-grade basement gold lodes within the dolerite sill.

“To compliment these results aircore drilling continues to extend the West Island system and identify new basement targets under Lake Austin.”

Musgrave explained the intent of the drilling on the JV area is to delineate the scale of the gold system at West Island, test additional gold-in-regolith aircore anomalies and define new diamond drilling targets through aircore drilling.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@musgraveminerals.com.au

 

Web: www.musgraveminerals.com.au

 

Miramar Resources Kicks Off Detailed Magnetic Survey at Lang Well

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THE DRILL SERGEANT: Miramar Resources (ASX: M2R) has a detailed UAV magnetic survey underway over the company’s 100 per cent-owned Lang Well project in the Murchison region of Western Australia, which it considers prospective for gold and/or rare earth element (REE) mineralisation.

The survey follows a review of historical information that identified some 50 outcropping pegmatite occurrences within the project, including a swarm of pegmatites over seven kilometres of strike in the northern half of the project.

None of the pegmatite occurrences have been assayed for lithium or REEs.

The magnetic survey is expected to assist Miramar in planning a first aircore drilling program testing both the auger gold anomalism and REE potential.

“Lang Well covers a very large area with widespread surficial material covering prospective geology and structures,” Miramar Resources executive chairman Allan Kelly said in the company’s ASX announcement.

“Based on the limited historic exploration results, the southeastern part of the project is prospective for gold mineralisation, and also has significant potential for REE mineralisation as indicated by the very limited historic drilling which intersected strongly anomalous REEs.

“Given the widespread occurrence of pegmatites in the outcropping areas of the project, we think there is potential for a significant number of additional pegmatite occurrences, potentially prospective for Lithium or REEs, elsewhere within the project, either outcropping or beneath shallow cover.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@miramarresources.com.au

 

Web: www.miramarresources.com.au

 

Aruma Resources Intersects Lithium at Mt Deans Lithium Project

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THE DRILL SERGEANT: Aruma Resources (ASX: AAJ) emerged from a self-imposed exile after receiving a speeding ticket from the ASX to report a lithium encounter on the company’s Mt Deans lithium project in south-eastern Western Australia.

Aruma Resources announced results from its first phase of drilling at Mt Deans that involved a total of 1,156 metres of reverse circulation (RC) drilling in eight holes, which delivered highly positive results including high-grade rubidium.

Rubidium is a high-value technology metal typically found in hard rock pegmatites.

The current price of Rubidium Carbonate, the most widely used form of rubidium, is $1,059.65 per kilogram.

It has multiple uses and applications, including in solar panels, fibre optic cables, GPS systems and night vision equipment, as well as sodium-ion batteries.

Aruma said the drilling intersected high-grade lithium of up to 1.14 per cent Li2O (lithium oxide) within a wide zone of lithium, all within a near-surface 25 metre thick, vertical body of solid pegmatite, from a depth of just 17 metres.

Results include:

MDRC6
1 metre at 1.14 per cent Li2O at 36m in hole within a wider zone of 10m at 0.62 per cent Li2O and 0.57 per cent rubidium oxide (Rb2O) from 22m;
7m at 0.76 per cent Li2O and 0.69 per cent Rb2O from 31m; and
3m at 0.96 per cent Li2O and 0.83 per cent Rb2O from 34m.

“The first phase of drilling at Mt Deans has delivered highly encouraging and positive results, returning strong lithium and rubidium grades in numerous intersections, some with significant widths,” Aruma Resources managing director Peter Schwann said in the company’s ASX announcement.

“This represents just the start of exploration at Mt Deans, and based on these results, we will move quickly to undertake the remaining approximately 1,800 metres of the maiden drilling campaign.

“The Mt Dean pegmatite is showing zonation with lithium grades up to 1.14 per cent Li2O, and rubidium assays up to 1.05 per cent which is high-grade, and our future work will target Mt Deans as a multi metal asset.”

Based on the results from the first round of drilling at Mt Deans, Aruma signalled it is very keen to complete the remaining 1,800 metres across 12 holes of this maiden drilling program.

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@arumaresources.com

 

Web: www.arumaresources.com

 

Dreadnought Resources Commences Regional Auger Program at Tarraji-Yampi

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THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) has been able to commence exploration activities earlier than anticipated at the Tarraji-Yampi prospect, in the Kimberley Region of Western Australia.

Dreadnought Resources has kicked off a low impact auger sampling system that was specially designed for Taraji-Yampi allowing the company to commence exploration earlier in the season, before road access has been re-established, extending and maximizing the dry season activities.

Dreadnought explained the auger program will sample through shallow black plain soil that obscures mineralisation like that it discovered at Orion in 2021.

As the first program of its kind across Tarraji-Yampi, Dreadnought believes it could lead to identification of additional mineralisation across the project.

The program will take 2-3 months including infill sampling of anomalous areas.

Regional targets defined by the auger program will be drilled in August/September 2022.

“This is the first program of its kind at Tarraji-Yampi,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.

“The program allows us to identify mineralisation below the black plain soils that can obscure massive sulphide deposits such as Orion.

“This is a game changer in an area which has not been explored since the 1970s.

“By taking the learnings from our 2021 program, including an orientation program over the Orion discovery, we have been able to deploy a new technique that will provide the geochemical data needed to discover the rest of Orion’s friends at Tarraji-Yampi.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@dreadnoughtresources.com.au

 

Web: www.dreadnoughtresources.com.au

 

Carawine Resources Encounters New Intersections at Big Freeze and Beanie

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THE DRILL SERGEANT: Carawine Resources (ASX: CWX) reported results from the latest round of assays from follow-up RC drilling programs at the Thunderstruck Joint Venture (Carawine 90% interest) within the company’s Tropicana North gold project, located in the north-eastern Goldfields of Western Australia.

Carawine Resources completed drilling at the Big Freeze and Beanie prospects, adding to the strike length of previously identified mineralisation.

The Big Freeze and Beanie are within the Neale tenement, part the Thunderstruck JV.

The Neale tenement also covers the company’s Hercules and Atlantis gold prospects.

Assays from Big Freeze included:

TNRC060
2m at 2.39 grams per tonne gold from 138m, including 1m at 4.26g/t gold and 4m at 1.83g/t gold from 159m; and

TNRC056
5m at 0.59g/t gold from 54m, including 1m at 2.03g/t gold.

From the Beanie prospect, located 1.5km north-east of the Hercules gold prospect, new intervals included:

TNRC064
1m at 3.01g/t gold from 87m and 1m at 2.32g/t gold from 144m.

“These latest results from Big Freeze define a mineralised trend that now extends across three drill lines, including the 5m at 18.2g/t gold interval reported last week,” Carawine Resources managing director David Boyd said in the company’s ASX announcement.

“We will plan additional drilling to follow-up this trend, which remains open, and has the potential to deliver another high-grade gold deposit to our Tropicana North gold project.

“The results at Beanie are also highly encouraging, especially given the limited amount of drilling completed to date, with a clear open trend on which to focus future drilling.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@carawine.com.au

 

Web: www.carawine.com.au

 

Carawine Resources Claims High-Grade Gold Discovery at Big Freeze

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THE DRILL SERGEANT: Carawine Resources (ASX: CWX) announced the first round of assay results from the Big Freeze prospect within the Neale tenement, part of the Thunderstruck Joint Venture (Carawine 90% interest) in the company’s Tropicana North gold project in the north-eastern Goldfields of Western Australia.

The results stem from an 18-hole follow-up RC drilling program at the Big Freeze prospect that has identified shallow, high-grade gold mineralisation adjacent to the same structure that hosts the Atlantis and Hercules gold prospects.

The Neale tenement also covers the advanced Hercules and Atlantis gold prospects, located 8km and 1km along strike from Big Freeze respectively.

The assay results Carawine has received are from 14 RC drill holes (TNRC045 to TNRC055, TNRC058, TNRC061 and TNRC062) of an 18-hole drilling program completed at Big Freeze in late February 2022 to follow-up the results reported in November and December 2021.

Highlights of the assays include:

TNRC050
7m at 0.53 grams per tonne gold from 101m, including 1m at 1.65g/t gold from 107m; and
1m at 0.58g/t gold from 136m

TNRC053
1m at 2.47g/t gold from 136m; and
1m at 0.49g/t gold from 140m

TNRC058
5m at 18.2g/t gold from 38m;
1m at 0.82g/t gold from 54m;
1m at 0.65g/t gold from 118m;
4m at 0.42g/t gold from 135m; and
1m at 0.56g/t gold from 144m.

Carawine Resources managing director David Boyd said in the company’s ASX announcement.
“This follow-up drilling program was designed to explore for shallow, high-grade mineralisation within a much larger gold trend at Big Freeze.

“Today’s discovery has done exactly that, proving the success of our exploration methods and supporting our confidence in the potential of the Tropicana North gold project to yield multiple deposits.

“We look forward to receiving assay results from the rest of the program and planning additional drilling at Big Freeze, as well as further results from our ongoing drilling at the Hercules prospect just eight kilometres to the north-east.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@carawine.com.au

 

Web: www.carawine.com.au