Drillers Get Straight Back to Work After Holiday Break

THE DRIL SERGEANT: There is plenty of drill bit action around the traps as companies gear up after the Christmas and New Year break.

 

Battery Minerals (ASX: BAT) announced it will soon resume drilling at the company’ Stavely-Stawell copper-gold project in Victoria.

The company has received confirmation that an aircore rig will return to site in late January with aircore drilling activity set to focus on defining gold-copper targets in the project’s Frying Pan-Cosmopolitan-Cox’s Find prospect areas.

The drilling will be supported by four-acid geochemical analysis and the recommencement of Falcon airborne gravity surveying.

The drilling comes at a time when recently appointed experienced resources executive and geologist Peter Duerden steps up to the plate to take over as managing director and David Flanagan making the move executive chairman to non-executive chairman.

 

E79 Gold Mines (ASX: E79) is another explorer bringing the drill rigs out from summer storage.

E79 Gold has re-commenced drilling operations over the company’s Laverton South gold project in WA.

E79 Gold listed on the ASX last year on the back of a $7 million IPO armed with two flagship projects, the Laverton South project in the Laverton gold district and the Jungar Flats project in the North Murchison region.

“We commenced our initial 25,000 metres aircore program at Laverton South in late November 2021 and, after a short break for Christmas and New Year, we are excited to be back into the field to complete the balance of this initial program,” E79 Gold CEO Ned Summerhayes said in the company’s ASX announcement.

“The first drill target has already had 3,330 metres of drilling so far and we will test a number of additional targets through to the end of the program.

“Meanwhile, the gravity survey at Jungar Flats in the North Murchison region commenced in December and will finish in mid-late January.

“This survey will allow us to gain a better understanding of the geology of the project and focus our exploration efforts moving forward.”

 

Dundas Minerals (ASX: DUN) recommenced Reverse Circulation (RC) drilling at the company’s Kokoda gold prospect in the Albany-Fraser Orogen of WA.

The company has completed eleven of a planned fifteen drill holes, so the Kokoda program is expected to be finalised quickly, after which drilling will move to the Jumbuck nickel prospect located approximately 8km to the west of Kokoda.

At Jumbuck, Dundas will be following up on historic rotary air blast (RAB) drilling that was drilled in 2011, pre-dating discovery of the Nova nickel deposit, which is located approximately 116km to the northeast of Jumbuck.

Dundas has also re-processed historic electro-magnetic survey data which partially covers the prospect.

This has identified several late-time conductive anomalies that are untested by drilling.

 

Black Cat Syndicate (ASX: BC8) has recommenced RC drilling at the company’s Kal East gold project outside Kalgoorlie in WA.

The RC drilling recommenced at Kal East with two rigs operating.

The first of these is drilling at the Fingals Mining Centre targeting extensions to the current Resource of 4 million tonnes at 2.2g/t gold for 275,000 ounces.

This drilling will systematically test the multiple shallow targets surrounding the Fingals Fortune deposit that Black Cat identified during November 2021.

The second RC rig is continuing at the Jones Find deposit, finishing a program the company commenced in December 2021.

Jones Find has a current Resource of 0.8 million tonnes at 1.3g/t gold for 33,000 ounces and is located only 1.5km to the east of the planned Kal East processing facility.

“Drilling has recommenced with two RC rigs operating at Kal East, focussed on extending current Resources at Jones Find and Fingals Fortune,” Black Cat managing director Gareth Solly said

“Resource upgrades are also underway at the Majestic underground and the planned open pit at Jones Find.

“In addition, discovery drilling is planned around our main mining centres as we follow up on numerous encouraging results from 2021.

“The team will be concluding studies for maiden Ore Reserves in the March 2022 quarter.”