Warriedar Resources Delivers 99% Ricciardo MRE Increase

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THE DRILL SERGEANT: Warriedar Resources (ASX: WA8) reported an updated Mineral resource Estimate (MRE) for the Ricciardo gold deposit, part of the company’s Golden Range project in the Murchison region of Western Australia.

Warriedar Resources updated MRE for the Ricciardo deposit has come in at 16.44 million tonnes at 1.8 grams per tonne gold for 947,000 ounces of gold.

The new figure represents a 99 per cent increase in Ricciardo MRE contained gold ounces.

The updated Ricciardo MRE comprises 467,500 ounces at 1.6g/t gold open-pit gold Resource (75% Measured and Indicated); and 480,000 ounces at 2g/t gold underground gold Resource.

Warriedar noted the Ricciardo system remains wide open at depth and along strike.

Total Mineral Resources for the Golden Range project now stand at over 1.28 million ounces gold, a 58 per cent increase from the previous level.

“This is the result we have been working towards all year,” Warriedar Resources managing director and CEO Amanda Buckingham said in the company’s ASX announcement.

“With less than 15,000m of targeted, efficient drilling we have added over 470,000 ounces to the Ricciardo deposit, doubling the Resource.

“We are excited by both the outcome itself, and the outlook that it delivers us for the wider corridor of gold deposits.

“The simple strategy of drilling below shallow open pits to find mineable ounces worked exceptionally well for our producing neighbours.

“The validity of this strategy is now beyond doubt, for us.

“Not only is the Ricciardo system still wide open down-plunge, but the entire 25km long ‘Golden Corridor’ offers similar potential upside from such a relatively simple drilling focus.

“In the middle of the infrastructure-rich southern Murchison, and located on existing Mining Leases, the opportunity in front of us is utterly irresistible.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Black Canyon Scores Further High-Grade Manganese Results from the Wandanya Project

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THE DRILL SERGEANT: Black Canyon (ASX: BCA) reported on its latest drilling efforts at the company’s Wandanya project in Western Australia.

Black Canyon recently completed RC drilling at the W2 Prospect within the Wandanya project that intersected high-grade hydrothermal related stratabound manganese mineralisation.

The company declared the assay results had confirmed its previously released assay results.

Latest results include:

WDRC005
5m at 31.1 per cent manganese from surface, including 2m at 42 per cent manganese;

WDRC007
7m at 28.3 per cent manganese from 6m, including 5m at 34.9 per cent manganese;

WDRC013
7m at 26.3 per cent manganese from 2m, including 3m at 38.2 per cent manganese; and

WDRC021
6m at 26.3 per cent manganese from 4m, including 3m at 40.1 per cent manganese.

The mineralisation shows consistent thickness and grades, with only 240m of strike drill tested within the 3,000m long manganese corridor identified at the W2 Prospect.

Black Canyon views the W2 discovery as being complementary to the large mineral resources it has already defined across the Balfour Manganese Field and is only 80km south of the Woodie Woodie mine site.

“The company is extremely pleased with the final drill assays from the W2 high-grade manganese target,” Black Canyon managing director Brendan Cummins said in the company’s ASX announcement.

“Of the 35 holes drilled, 25 holes intersected mineralisation over 20 per cent manganese, a fantastic success rate for a first pass program.

“Even at this early stage, with these final drill assays in hand, we are now beginning to appreciate the significant potential of the W2 Prospect.

“We have mapped the mineral system at W2 for over 3000m and these assay results have tested only 240m, or less than 10 per cent, so the lion’s share of potential remains both along strike and significantly down dip.

“The W2 Prospect represents a shallow and potentially open pittable target, with all of the manganese drill intersects encountered to date within 15m of surface and most within 10m.

“The flat- dipping stratabound mineralisation will benefit follow-up drill programs by reducing exploration risk and importantly minimising drill costs to keep our discovery costs low.

“What I find most appealing about the Wandanya project though, is its simplicity.

“To date it has been quite predictable in terms of grade and thickness and now with surface mapping completed there is potential to demonstrate scale to this discovery.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Astral Resources Hits Further Wide High-Grade Intercepts at Kamperman

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THE DRILL SERGEANT: Astral Resources (ASX: AAR) reported results from the final holes of an in-fill and extensional RC drill program completed at the Kamperman prospect, part of the company’s 100 per cent-owned Feysville gold project south of Kalgoorlie in Western Australia.

Astral Resources said assays received from the final holes had confirmed the high-grade nature and upside potential of the Kamperman deposit.

Results of the 31-hole RC program were not included in the maiden Kamperman Mineral Resource Estimate (MRE) Astral announced earlier in November 2024 of 2 million tonnes at 1.3 grams per tonne gold for 83,800 ounces of contained gold.

The company said the results demonstrate the opportunity for continued MRE growth at Kamperman.

Best results included:

FRC387
33 metres at 3.75 grams per tonne gold from 58m, including 3m at 14.8g/t gold from 75m;

FRC389
10m at 1.63g/t gold from 131m and 22m at 5.21g/t gold from 149m, including 2m at 30.9g/t gold from 164m and 2m at 12.2g/t gold from 168m;

FRC388
22m at 4.44g/t gold from 105m, including 2m at 25.9g/t gold from 121m; and

FRC385
6m at 12.8g/t gold from 76m, including 1m at 63.4g/t gold from 77m;

“Following the recent release of the maiden Kamperman MRE, it is highly encouraging to now be reporting further high-grade in-fill results and a successful drill test of a previously identified high-grade zone,” Astral Resources managing director Marc Ducler said in the company’s ASX announcement.

“These results highlight the potential for MRE upside at Kamperman.

“The in-fill drill line (FRC387, FRC388 and FRC389) testing the high-grade southern zone at Kamperman returned excellent results.

“These three in-fill holes averaged a gold accumulation of 112 gram-metres through this high-grade southern zone.

“This is clearly a very successful in-fill test and bodes well for the potential to upgrade the MRE in this area.”

The Feysville project hosts a MRE of 5 million tonnes at 1.2 grams per tonne gold for 196,000 ounces of contained gold across the Kamperman, Think Big and Rogan Josh deposits.

The company considers this provides a strong foundation for the project to become a source of satellite ore feed for a future operation based on its flagship Mandilla gold project.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Galileo Mining Conducting Palladium and Nickel Drilling Program at Norseman

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THE DRILL SERGEANT: Galileo Mining (ASX: GAL) has an air core drill campaign targeting palladium and nickel underway at the company’s Norseman project in Western Australia.

Galileo Mining is targeting the Mission Sill and Jimberlana prospects that lie approximately eight kilometres from the project’s Callisto deposit the company discovered in 2022.

Galileo reported an initial Mineral Resource Estimate (MRE) in 2023 at Callisto of 17.5 million tonnes at 1.04 grams per tonne 4E (Palladium + Platinum + Gold + Rhodium), 0.2 per cent nickel, 0.16 per cent copper (2.3g/t PdEq or 0.52% NiEq).

On the back of the Callisto discovery, Galileo increased it understanding of the prospective geology, from which it now sees the basal unit of the Mission Sill as having the greatest capacity for Callisto style sulphide deposits.

The current aircore drilling program will prioritise target zones with either no previous drilling or drilling restricted to shallow laterite occurrences.

The lower prospective contact will be tested over an initial 3km strike length and includes the intersection of the Jimberlana Dyke as well as the Mission Sill which is interpreted as another location with potential for sulphide mineralisation.

“We are excited to kick off this drilling campaign targeting both palladium and nickel at the Mission Sill and Jimberlana prospects,” Galileo Mining managing director Brad Underwood said in the company’s ASX announcement.

“These areas…are highly prospective and have the potential to further expand our understanding of the broader mineralisation trends in the region.

“The program will prioritise target zones that have either not been previously drilled or have only seen drilling restricted to shallow laterite occurrences.

“In particular, we will focus on interrogating the lower prospective geological contact over an initial 3km strike length.

“This includes the intersection of the Jimberlana Dyke with the Mission Sill, a feature we believe has strong potential for sulphide mineralisation.

“We’re encouraged by the geological similarities between the Mission Sill and Callisto, which share the same ultramafic host rocks, and we’re optimistic about the untapped potential in these areas.

“With a healthy approx. $12 million cash balance, Galileo remains in a strong financial position ensuring we are fully funded to undertake all planned activities and able to maintain our focus of advancing exploration efforts and unlocking value at Norseman.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Iceni Gold Grows Guyer with Further Strong Gold Intersections

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THE DRILL SERGEANT: Iceni Gold (ASX: ICL) continues its AC drilling activities at the company’s 14 Mile Well gold project, located between Leonora and Laverton in Western Australia.

Iceni Gold released results from the third aircore (AC) drill campaign undertaken at the 14 Mile Well gold project that targeted a granite-greenstone contact along the 15km long Guyer Trend.

The company declared the recent drilling enhanced a coherent 6km long bedrock gold anomaly at Guyer North that is now up to 950m wide.

Iceni explained that the drilling had intersected broad downhole intervals of gold mineralisation in multiple vertical holes on four 400m spaced infill drill traverses at Guyer North, from which it has outlined a 1500m long +0.5 grams per tonne gold bedrock anomaly within the broader 6km gold trend.

Results from the latest drill campaign include:

FMAC1098
8m at 1.16 grams per tonne gold from 72m to EOH, including 4m at 2g/t gold from 72m;

FMAC1099
4m at 1.7g/t gold from 72m;

FMAC1102
5m at 1.12g/t gold from 68m to EOH, including 4m at 1.36g/t gold from 68m; and

FMAC1104
9m at 0.7g/t gold from 56m to EOH, including 4m at 1.18g/t gold from 56m.

“The Guyer trend continues to deliver promising gold results that expands the bedrock anomaly from each successive aircore drilling campaign, with the limits yet to be defined,” Iceni Gold managing director Wade Johnson said in the company’s ASX announcement.

“We are very pleased with the recent drill results, which are the best to date and now highlight a stronger signature within the granitic bedrock west of the granite-greenstone contact at Guyer North.

“This area of elevated gold in granite now provides a key target for follow up aircore drilling that will commence shortly.

“Our focus to explore targets under thick transported cover at the 14 Mile Well project has delivered early and quick success that we aim to capitalise on.

“We now have a flagship prospect to focus our exploration efforts on, and one where we are getting closer to a primary source.

“The pending focussed aircore drilling campaign at Guyer is aimed at delivering multiple locations along the corridor for deeper RC and diamond drilling evaluating the primary system.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Helix Resources Copper Hits Expand Bijoux Footprint

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THE DRILL SERGEANT: Helix Resources (ASX: HLX) reported new RC drill assay results from the company’s emerging Bijoux prospect located in the company’s western tenements in the Cobar-Nyngan area of central New South Wales.

Helix Resources said the latest drilling had produced encouraging copper grades while greatly increasing the mineralisation footprint of the Bijoux prospect.

Best intercepts include:

BJRC019
2 metres at 2.92 per cent copper within 26m at 0.58 per cent copper from 84m in (sulphide);

BJRC016
2m at 1.83 per cent copper within 10m at 0.72 per cent copper from 132m in (sulphide); and

BJRC015
2m at 1.73 per cent copper within 4m at 1.06 per cent copper from 132m in (sulphide).

“We are excited with the latest batch of assays from Bijoux which have delivered encouraging grades as well as significantly expanding the prospect’s strike length,” Helix resources managing director Kylie Prendergast said in the company’s ASX announcement.

“The prospect remains open – both at depth and along strike – and we intend to follow these results with further drilling.

“Bijoux is a prime example of the experience and tenacity current management have applied to the company’s large-scale Cobar tenements.

“Having been identified and prioritised through a comprehensive geochemical program, the team have worked systematically via further auger and RC drilling to test our CSA-style copper model.

“Today’s assays validate this approach and continue to highlight that in an area as rich as the Cobar Basin, quality exploration means the company is potentially just one drill hit away from a new discovery.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Green Technology Metals Kicking Off Junior Lithium Project Drilling Program

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THE DRILL SERGEANT: Green Technology Metals (ASX: GT1) is kicking off drilling at the company’s Junior lithium project in Ontario, Canada.

Green Technology Metals informed the market that a diamond drilling program will be got underway at the Junior project, focusing on what the company considers as a “highly prospective target area” called Despard.

The drilling will be undertaken over two 3,450 metre programs, with the second phase, contingent on the success of the first phase priority exploration targets.

Recent field exploration at the Despard prospect identified pegmatite material over a 750m strike extent and a new zone containing LCT pegmatite, discovered and mapped along 200m of strike, south-west to the pegmatite within the Main Zone.

“We are excited to start the maiden drilling program at the highly prospective Junior Project,” Green Technology Metals managing director Cameron Henry said in the company’s ASX announcement.

“This drilling program has been prioritised to commence this year as it is a part of the company’s flow-through spend commitments for this calendar year.

“The Junior Project carries a rich history and field exploration success over the past two years by the GT1 exploration team, has further validated its potential.

“The Junior Project is an important part of our Eastern Hub development strategy and advancing resource development here will be instrumental in providing long-term feed for the planned concentrator at the Seymour Project.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Iltani Resources Intersects High-Grade Antimony Mineralisation

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THE DRILL SERGEANT: Iltani Resources (ASX: ILT) became the latest antimony explorer following the release of assay results from the company’s Antimony Reward project in Herberton, North Queensland.

Iltani Resources has taken receipt of assays it declared had confirmed the presence of high-grade antimony mineralisation.

Results include:

ARRC001
7 metres at 7.61 per cent antimony from 38m, including 3m at 8.19 per cent antimony from 38m and 1m at 26.70 per cent antimony from 43m downhole;

ARRC003
3m at 0.75 per cent antimony from 31m, including 1m at 1.25 per cent antimony from 32m and 4m at 0.43 per cent antimony, including 1m at 1.28 per cent antimony from 42m downhole; and

ARRC004
9m at 0.94 per cent antimony from 53m, including 2m at 2.66 per cent antimony from 60m downhole.

“It is good see that our initial drilling at Antimony Reward has confirmed the presence of high-grade antimony mineralisation following on from Kangaroo Metals previous drilling in 2008,” Iltani Resources managing director Donald Garner said in the company’s ASX announcement.

“The geology is proving to be more complex with a structural control that needs to be interpreted prior to the next phase of drilling” Assay results are coming back later than anticipated, as processing times at the assay lab have extended to 4 to 6 weeks due to an influx of samples from companies undertaking work prior to the upcoming wet season in Northern Australia.

“Once we have the final assay results back from the remaining holes drilled at Antimony Reward, we can plan the next phases of exploration.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Core Lithium Reports New High-grade Lithium Drill Results

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THE DRILL SERGEANT: Core Lithium (ASX: CXO) reported assay results from exploration drilling being undertaken at the company’s 100 per cent-owned Finniss lithium project in the Northern Territory.

Core Lithium has received initial assays from reverse circulation (RC) drilling delivering wide zones of spodumene mineralisation intersected at the Blackbeard prospect.

New lithium drilling results at the Blackbeard prospect, include:

NRC269
63 metres at 1.67 per cent lithium oxide (Li2O) from 166m, including 20m at 2.09 per cent Li2O from 208m.

The company explained lithium mineralisation has now been confirmed over 600m of strike when combined with the project’s adjacent Centurion prospect.

“The results from Blackbeard are highly encouraging and indicate we have discovered a large, highly mineralised pegmatite within a short distance of our processing infrastructure, consistent with the key objective of our 2024 field season,” Core Lithium CEO Paul Brown said in the company’s ASX announcement.

“Blackbeard is up to 45 metres wide and open at depth.

“Further drilling will be completed to determine the ultimate scale of the system.

“This will support a future Mineral Resource Estimate and have potential to be incorporated into our ongoing restart studies.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Critica Encounters Best Intersection to Date at Jupiter

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THE DRILL SERGEANT: Critica (ASX: CRI) released the latest results from resource drilling targeting high-grade zones at Jupiter, part of the company’s Brothers rare earth element (REE) project in Western Autralia.

Critica explained the drilling program was designed to increase drilling density in the high-grade zones of Jupiter, to enhance certainty in the continuity of this mineralisation.

The company declared the new assay results validated the high-grade continuity and include the best recorded intersection to date from Critica’s drilling of the Jupiter discovery of:

JPAC088
67 metres at 3,074ppm total rare earth oxides (TREO) ending in mineralisation.

“We chose to increase drilling density in the high-grade zones of Jupiter to further improve confidence in the continuity of this mineralisation, ahead of our maiden resource estimate for the Brothers project,” Critica managing director Philippa Leggat said in the company’s ASX announcement.

“This set of assay results have readily demonstrated this continuity.

“It’s also incredible to see our flagship project delivering another record-breaking drill intersection, this time being 67 metres at 3,074 ppm TREO.

“This phenomenal hole (JPAC088) ended in mineralisation – even after using all drill rods we were still in rare earth mineralisation at 99 metres.

“Our outstanding technical team continue to demonstrate that Jupiter hosts consistent, high-grade rare earth mineralisation over tens of kilometres confirming the potential of Jupiter and the Brothers project to host one of the largest clay-hosted rare earth discoveries in Australia.

“With aircore and diamond drilling complete, and final assays pending, we are well positioned to provide a detailed and high-quality dataset to our independent geologists for preparation of our maiden resource estimate.

“We also have several laboratories working on all aspects of our comprehensive metallurgical program, with successful beneficiation outcomes being our first goal.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE