Blackstone Minerals Set to Drill at Chim Van

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THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) has been granted approvals to commence drilling at the prospective Chim Van target within the company’s 90 per cent-owned Ta Khoa nickel project in Vietnam.

The approvals follow completion of the company’s initial phase of collaboration with the General Department of Geology & Minerals of Vietnam (GDGMV).

The collaboration on the Chim Van exploration target has to date produced:

• Geophysical modelling suggesting a concealed ultramafic target similar to the Ban Phuc disseminated sulphide (DSS) deposit;

• demonstration that the Chim Van features a magnetic anomaly an order of magnitude larger than the Ban Phuc ultramafic intrusion; and

• A drill rig is currently mobilising to the site to commence the first priority drill hole.

“Blackstone is very pleased with the ongoing collaboration with the GDGMV at the Chim Van target,” Blackstone Minerals managing director Scott Williamson said in the company’s ASX announcemen.

“Drilling will test the conceptual geological and geophysical target at Chim Van for nickel-copper-PGE sulphides, and if successful Blackstone will proceed to take steps to secure an exploration license.

“Exploration continues to be a major focus for the company as we look to organically increase our mining inventory available to feed the Ta Khoa Refinery.

“We are excited for the potential that Chim Van has to feed into our longer-term growth profile.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@blackstoneminerals.com.au

 

Web: www.blackstoneminerals.com.au

 

 

Rox Resources Reports High-Grade Youanmi Results

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THE DRILL SERGEANT: Rox Resources (ASX: RXL) received drill results from the Youanmi gold project near Mt Magnet in Western Australia.

The results came to Rox Resources via its OYG Joint Venture partner Venus Metals (ASX: VMC) (Rox 70% and Manager, VMC 30%).

The latest results included high-grade assays from shallower parts of the Link area where drilling focussed on resource conversion and extensional growth to the recently reported resource inventory at Youanmi of 3 million ounces at 3.78 grams per tonne gold.

Highlights included:

RXDD043
4 metres at 4.43 grams per tonne gold from 52m;

RXRC429
4m at 4.41g/t gold from 128m; and

RXRC435
10m at 1.39g/t gold from 76m, including 2m at 4.1g/t gold from 84m.

Other results were received from extensional drilling down plunge for the historical Hill End underground mine.

This included:

RXDD039
1m at 13.44g/t gold from 384m and 0.89m at 3.89g/t gold from 344m; and

RXDD044
2m at 5.41g/t gold from 286m and 0.39m at 3.44g/t gold from 334.72m.

“The further high-grade results from the Link area will likely contribute to the Youanmi Near Surface Resource,” Rox Resources managing director Alex Passmore said in the company’s ASX announcement.

“Results from near mine drilling further support the company’s belief in the potential for high-grade mineralisation near historic mine development.

“We look forward to providing an update on the Near Surface Resource in mid-April which consolidates near-surface drilling results.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@roxresources.com.au

 

Web: www.roxresources.com.au

 

Miramar Resources Hits Multiple High-Grades at Gidji JV

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THE DRILL SERGEANT: Miramar Resources (ASX: M2R) reported high-grade gold results from drilling completed in 2021 at the company’s 80 per cent-owned Gidji JV project in the Eastern Goldfields of Western Australia.

The drilling returned gold results from the Marylebone target that include four consecutive 50 metres-spaced holes across the centre of the eastern Marylebone trend:

GJAC490
2 metres at 5.28 grams per tonne gold (52-54m);

GJAC491
1m at 8.55g/t gold (55-56m);

GJAC492
1m at 11g/t gold (55-56m); and

GJAC493
12m at 0.3g/t gold (48-60m EOH), including 1m at 1.21g/t gold.

Miramar explained the new high-grade results are located between two earlier 200m-spaced lines with single holes that returned intersections of 1m at 3.62g/t gold and 1m at 2.65g/t gold.

The company maintains its belief in Gidji having potential for the discovery of multiple new gold deposits within its strategic 60 square kilometre land package located 15km north of Kalgoorlie.

“Gidji is in a fantastic location, with the right geology and structures, and a growing supergene gold footprint that indicates the potential for a significant bedrock gold source nearby,” Miramar Resources executive chairman Allan Kelly said in the company’s ASX announcement.

“Each aircore program we have completed at Gidji since listing has improved on the previous results and provided a better understanding of the project, and this program is no exception with multiple new high-grade gold results from Marylebone and our new Blackfriars target.

“The Gidji project provides Miramar with a unique greenfields gold discovery opportunity right on the doorstep of the richest patch of ground on earth, and we therefore look forward to continuing to uncover the huge potential opportunity at Gidji with systematic and methodical exploration.”

Miramar has commenced an aircore drilling program to infill the Blackfriars target to a drill spacing of 200m x 50m and test the Highway target for the first time.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@miramarresources.com.au

 

Web: www.miramarresources.com.au

 

Great Boulder Resources Drilling at Mulga Bill

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THE DRILL SERGEANT: Great Boulder Resources (ASX: GBR) is gearing up for more activity on the company’s Side Well gold project in Western Australia.

Great Boulder Resources is recommencing RC drilling at the Mulga Bill target as part of a 5,000 metres program designed to test extensions to high-grade zones along the six kilometres Mulga Bill – Loaded Dog corridor.

Further activity will see the company undertake its first round of RC holes to test primary gold mineralisation over the defined 500m of strike at the Ironbark prospect located 1.5km east of Mulga Bill.

The program is expected to take approximately four weeks to complete, during this time a 3D IP survey will also be completed and processed.

“Our Mulga Bill exploration program is continuing at full speed with the commencement of our first RC drill program for 2022,” Great Boulder Resources managing director Andrew Paterson said in the company’s ASX announcement.

“We are well advanced and funded to execute our plans to accelerate drilling later this quarter as we move towards an Exploration Target followed by an initial Mineral Resource Estimate at Side Well.

“The additional structural data from the diamond drilling program plus the RC data we gain from this program will be the next step in building our understanding of Mulga Bill.

“The team is looking forward to seeing the full 3D inversion model of chargeability anomalies associated with sulphide once the IP survey is complete, as it will provide our first three-dimensional model of sulphide zones that will be subject to further drilling.”

 

 

Email: admin@greatboulder.com.au

 

Web: www.greatboulder.com.au

 

Alchemy Resources Drilling New RC Program at Karonie

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THE DRILL SERGEANT: Alchemy Resources (ASX: ALY) has kicked off a new round of Reverse Circulation (RC) drilling at the company’s 100 per cent-owned Karonie gold project near Kalgoorlie in Western Australia.

Alchemy Resources indicated the drill program will include holes at targets at Gilmore, which it had identified from high-resolution magnetics and detailed mapping completed in 2021.

The program is EIS co-funded by the WA Department of Mines, Industry Regulation and Safety (DMIRS).

Other drilling at Karonie East will entail infill drilling both along strike, and at depth, of the previously encountered aircore intercepts.

A further single RC hole at the KZ5 target will test a historic untested electro-magnetic (EM) plate located along strike of the existing resource.

“We are excited to be back out at Karonie drill testing our priority targets at Gilmore where there has been no RC follow-up of mineralised intercepts since 2002,” Alchemy Resources CEO James Wilson said in the company’s ASX announcement.

“At Karonie East we are testing mineralisation at depth, following up on the success of our recent aircore program.

“At KZ5 an untested EM plate lines up with our revised interpretation of mineralisation, which could add further strike length to the resource.

“Overall, our activities are proceeding in line with our 2022 objectives, testing existing walk-up and advanced stage targets at Karonie.”

 

 

 

Email: admin@alchemyresources.com.au

 

Web: www.alchemyresources.com.au

 

Rincon Resources Commences Diamond Drilling at Hasties

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THE DRILL SERGEANT: Rincon Resources (ASX: RCR) is back out drilling at the company’s South Telfer copper-gold project in the Paterson Province of Western Australia.

A diamond rig has arrived to join an RC rig already on site for a Phase 2 extensional RC and DD drilling program at the Hasties rospect to follow drilling that completed seven RC holes in December 2021.

Rincon explained the diamond drilling will include completion of an EIS Hole, designed to test the Hasties Deeps target area approximately 300 metres below surface and at least 150m below the deepest mineralisation drilled at Hasties Main Zone to date.

The RC drilling will target the depth extension of a fault, interpreted be the fluid conduit and controlling structure for copper-gold mineralisation at Hasties Main Zone.

“We are pleased to re-commence drilling at Hasties following several delays due to cyclonic weather preventing access to site,” Rincon Resources managing director Gary Harvey said in the company’s ASX announcement.

“We welcome the arrival of the diamond rig to complete the EIS-hole to test the ‘Hasties Deeps’ target.

“While still early in the game, this is nonetheless an important phase of drilling at Hasties where we hope to gain valuable information regarding the potential scale of the mineralised system.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@rinconresources.com.au

Web: www.rinconresources.com.au

 

Galan Lithium Drills HMW Project Extensions

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THE DRILL SERGEANT: Galan Lithium (ASX: GLN) has its latest drilling campaign underway at the company’s 100 per cent-owned Hombre Muerto West lithium project (HMW) located on the Western Basin of the Hombre Muerto salar in Catamarca Province, Argentina.

The first diamond drillhole of the program, PP-02-22, was completed at Pata Pila to a final depth of 450m.

The hole was designed to extend the company’s knowledge in the Pata Pila licence area to enable it to build-out the hydrogeological models required to confirm Reserve estimates at the HMW project.

The drillhole was designed to provide key geological data for testing extension to the existing HMW project Mineral Resource, in both horizontal and vertical dimensions, from the salar limits.

Galan Lithium declared the results from PP-02-22 delivered substantial confirmation of, and further potential upside to, the existing Mineral Resource estimate at the HMW project.

These results are set to be incorporated into an updated Mineral Resource estimate for the HMW project, which is on track for completion during Q3 CY2022.

“This exploration diamond hole has further unlocked the potential of the world-class lithium brine resource held at the HMW project,” Galan Lithium managing director Juan Pablo (JP) Vargas de la Vega said in the company’s ASX announcement.

“The results have enhanced our hydrogeological modelling, a key to confirmation of Reserve estimates, and delivered further Mineral Resource upside at HMW.

“Following the new exploration target areas identified by the recent TEM geophysical survey, we now look forward to aggressively drilling these additional potential HMW Mineral Resource expansion zones from this quarter through the rest of 2022.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@galanlithium.com.au

Web: www.galanlithium.com.au

 

Charger Metals Confirms Massive Sulphide Targets at Coates Project

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THE DRILL SERGEANT: Charger Metals (ASX: CHR) outlined the upcoming drilling schedule for the company’s 70-85 per cent held Coates nickel-copper-cobalt-gold-PGE project outside Perth in Western Australia.

Charger Metals had a Fixed-loop time domain electromagnetic survey (FLTEM) completed over the northern part of the T1 Target within the Coates project that had originally been detected via a SKYTEM survey undertaken in 2021.

Two conductors, C01 and C02 identified in the FLTEM survey are considered by the company as priority targets for massive sulphide mineralisation that could be related to nickel, copper, or possibly VMS-related mineralisation, associated with the Coates Mafic Intrusive Complex.

The SKYTEM survey included an area with previously defined nickel-copper and platinum group element geochemical anomalies.

Within Charger’s tenements, a total of 98 anomalies were picked and ranked from data profiles, from which 20 priority targets were delineated.

Five diamond drill holes have been designed to test the upper levels of the C01 and C02 conductors.

“We are excited about the approaching drilling campaign at the Coates project which will test a compelling nickel-copper-PGE target,” Charger Metals managing director David Crook said in the company’s ASX announcement.

“When we combine the interpretation provided by our geophysical consultant, Southern Geoscience Consultants, of the recently completed Fixed-loop EM survey with our existing geochemical data, we have produced a drill target in the emerging PGE and nickel province that demands attention at a time of record nickel and palladium prices.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@chargermetals.com.au

Web: www.chargermetals.com.au

 

Aston Minerals Extends Bardwell Mineralisation

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THE DRILL SERGEANT: Aston Minerals (ASX: ASO) reported on drilling results and exploration activities underway across the Bardwell and Olecranon prospects within the Boomerang nickel-cobalt target on the company’s Edleston project in Canada.

Aston Minerals said the intercepts encountered at the Bardwell prospect extended the drill tested strike to one kilometre, including:

DDED22-082
159.71m at 0.36 per cent nickel and 0.013 per cent cobalt from 206.31m, including 83m at 0.44 per cent nickel and 0.016 per cent cobalt; and

DDED22-080
95.61m at 0.28 per cent nickel and 0.011 per cent cobalt ending in mineralisation, from 425m.

The second drill hole at Olecranon, hit:

DDED22-079
205m at 0.27 per cent nickel and 0.011 per cent cobalt from 332.95m – results of remaining 84.5m of end of hole currently pending.

“What is particularly encouraging is the fact that every single hole across the entire Boomerang Target that has tested the intrusive unit has hit nickel-cobalt sulphide mineralisation,” Aston Minerals managing director Dale Ginn said in the company’s ASX announcement.

“With the funding from our recently announced capital raising we have the capacity of drilling at a relatively broad spacing in order to define any additional high-grade zones of mineralisation which will form the basis of further resource definition drilling.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@astonminerals.com

Web: www.astonminerals.com

 

Musgrave Minerals Drills Big Sky Upside

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THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported further strong assay results from reverse circulation (“RC”) and diamond drilling at its 100 per cent-owned ground at the company’s Cue gold project in Western Australia’s Murchison district.

This time, the results were from the Big Sky prospect from along a recently identified gold corridor south-west of the Lena and Break of Day deposits.

New intercepts include:

22MORC039
6 metres at 19.2 grams per tonne gold from 87m;

21MORC274
3m at 20.3g/t gold from 26m;

22MORC038
2m at 34.9g/t gold from 62m; and

22MORC008
8m at 6g/t gold from 65m.

Musgrave said all recent drilling results for Big Sky had been received and will form the basis for a maiden Mineral Resource Estimate that will focus on the near surface mineralisation at Big Sky.

The scheduled mineral resource update will also include a maiden resource for the high-grade White Heat-Mosaic deposit and is expected to be completed in May/June 2022.

“The latest assay results from 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 system,” Musgrave Minerals managing director Rob Waugh said in the company’s ASX announcement.

“The scheduled May-June resource update will focus only on the top 100 vertical metres (dominantly weathered open cuttable mineralisation) and be an interim Mineral Resource update (adding Big Sky and White Heat-Mosaic) as we continue to grow our resource base.

“The high-grade gold mineralisation at Big Sky remains open down dip in fresh rock, which will be the focus of subsequent drill programs planned to commence in late May 2022.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@musgraveminerals.com.au

Web: www.musgraveminerals.com.au