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ACDC Metals Confirms Strandline Discovery at Watchem North Project

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THE DRILL SERGEANT: ACDC Metals (ASX: ADC) confirm the discovery of new strandline mineralisation at the company’s Watchem North heavy mineral sand project in Victoria.

ACDC Metals reported assay results from a follow-up drilling program completed at the Watchem North heavy mineral sand project during May 2024, the results of which confirmed the discovery of a new 1.5 kilometres-long strandline at shallow depth of between 10 and 25 metres.

Results from the recent drilling program include:

24WN155
6 metres at 2.8 per cent heavy minerals (HM) from 15m, including 3m at 4.4 per cent HM from 15m;

24WN160
9m at 3.23 per cent HM from 10.5m, including 4.5m at 5.26 per cent HM from 13.5m; and

24WN162
28.5m at 1.06 per cent HM from 9m, including 1.5m at 7.94 per cent HM from 18m.

“Our 2024 drilling campaign keeps delivering new discoveries across our project portfolio, and these assays from our Watchem North project are no exception,” ACDC Metals CEO Tom Davidson said in the company’s ASX announcement.

“Results confirm new strandline style mineralisation.

“This is an important development for the project which in a region (sic) that has seen prior mining by Iluka Resources.”

Elsewhere in its portfolio, ACDC Metals has engaged Snowden Optiro to complete a mineral resource estimate (MRE) update for the company’s Goschen Central project (EL5278).

The MRE update will incorporate aircore drilling that was completed in January 2024, with assays released to the market in March 2024.

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

ACDC Metals Confirms Heavy Mineral Strandline Discovery at Douglas Project

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THE DRILL SERGEANT: ACDC Metals (ASX: ADC) reported confirmation of the discovery of a new strandline at shallow depth at the company’s Douglas heavy mineral sand project in Victoria.

ACDC Metals received assay results from a follow-up drilling program completed during March 2024 that produced results of:

24DAC012
21 metres at 4.73 per cent total heavy minerals (THM) from 21m, including 4.5m at 11.34 per cent THM from 21m and 1.5m at 18.15 per cent THM from 24m;

24DAC013
33m at 3.19 per cent HM from 9m, including 7.5m at 7.91 per cent HM from 19.5m and 1.5m at 15.28 per cent THM from 24m; and

24DAC014
30m at 4.14 per cent HM from 12m, including 10.5m at 7.52 per cent HM from 18m and 1.5m at 15.16 per cent from 22.5m.

ACDC declared the results to have confirmed the discovery of a new strandline system, located approximately 2km west of the previously known Acapulco strandline deposit that partly sits within the company’s exploration licence area (EL7544).

“Our 2024 drilling campaign keeps on delivering great results across our project portfolio, and the new assays from our Douglas project are no exception,” ACDC Metals CEO Tom Davidson said in the company’s ASX announcement.

“These results confirm new strandline style mineralisation in a region that has seen prior mining by Iluka Resources.

“Given the positive results, our exploration team is mobilising quickly to execute another campaign this month to understand the extent and potential or this discovery.

“We look forward progressing this project and will update the market following our upcoming drilling program.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

ACDC Metals Drills Satisfying HMS Results at Goschen Central

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THE DRILL SERGEANT: ACDC Metals (ASX: ADC) released results from aircore drilling recently undertaken at the company’s Goschen Central heavy mineral sand (HMS) and rare earth element (REE) project in the Murray Basin of western Victoria.

ACDC Metals carried out the extension drilling to step out from the estimated indicated resource it had calculated last year.

The program was designed to explore for extensions of the high-grade zone and increase geological confidence to enable upgrading to the resource.

The company is encouraged by the number of holes that intersected greater maximum HM percentage intervals than drill results reported in 2023.

ACDC said the results all support that the high-grade zone remains open to the east, where it considers potential remains for further extensions.

Latest intercepts include:

24GC018
16.5 metres at 2.33 per cent heavy minerals (HM) from 21m, including 1.5m at 9.15 per cent HM from 28.5m;

24GC015
28.5m at 1.4 per cent HM from 13.5m, including 1.5m at 8.53 per cent HM from 27m;

24GC021
10.5m at 2.7 per cent HM from 27m, including 1.5m at 7.53 per cent HM from 28.5m; and

24GC063
12m at 2.99 per cent HM from 24m, including 1.5m at 7.52 per cent HM from 33m.

“We are very pleased with these drill results which have potential to significantly increase the size and grade of the Goschen Central heavy mineral sand resource,” ACDC Metals CEO Tom Davidson said in the company’s ASX announcement.

“This drilling along with further mineralogical studies highlights the potential of the Goschen Central project to be a long lived supplier of rare earth elements, zircon and titanium.

“We look forward to integrating these results in the second quarter when we update the Goschen central resource estimate.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

ACDC Metals (ASX: ADC) CEO Tom Davidson at RIU Explorers Conference 2024

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Wally Graham learns that heavy metal is not restricted to rock and roll while speaking with ACDC Metals (ASX: ADC) CEO Tom Davidson at RIU Explorers Conference 2024

ACDC Metals Hits High-Grade Heavy Mineral Sands at Goschen Central Project

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THE DRILL SERGEANT: ACDC Metals (ASX: ADC) released the first drilling results achieved from Phase 1 aircore drilling at the company’s Goschen Central heavy mineral sand (HMS) and rare earth element (REE) project in the Murray Basin of western Victoria.

ACDC Metals received assays received from the initial 75 drill holes at the Goschen Central project that produced high-grade intervals of greater than 10 per cent total heavy minerals (THM) with 29 per cent of all holes returning intervals greater than 5 per cent THM at 1% cut-off.

Drilling has extended mineralisation over a strike length of more than 10 kilometres.

Intercepts include:

22GC0017
4 metres at 10.91 per cent THM from 33m within 14m at 4.48 per cent THM from 26m;

23AC043
4.5m at 10.37 per cent THM from 31.5m within 12m at 5.52 per cent THM from 24m;

23AC044
4.5m at 8.47 per cent THM from 25.5m within 15m at 4.72 per cent THM from 19.5m; and

23AC047
6m at 8.44 per cent THM from 28.5m within 19.5m at 3.02 per cent THM from 19.5m.

ACDC has already completed a second phase of grid based aircore drilling guided by field logging of phase one drill samples.

The company explained the phase two drilling targeted a zone interpreted to be a prospective higher-grade part of the Goschen Central project.

The results from the Phase 2 drilling are currently being assayed.

Both sets of results are to be incorporated into an upcoming Mineral Resource Estimate expected to be released in the September quarter.

“As we anticipated, this first set of drilling assays confirm high-grade heavy mineral sand mineralisation at the Goschen Central project and are extremely positive for the project,” ACDC Metals CEO Tom Davidson said in the company’s ASX announcement.

“We are very encouraged by mineralisation observed, and particularly by a contiguous high-grade domain.

“These results place ACDC Metals in a strong position to advance a maiden mineral resource.

“Mineral assessment to identify the valuable heavy mineral distribution (zircon, rutile, ilmenite, monazite) is well progressed, postively we have a good understanding of probable ratios based on the reported resources of VHM Ltd and Iluka Resources Ltd to the north and south respectively.

“We look forward to the targeted infill drilling results, as we work towards our maiden mineral resources in Q3”.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE