Posts

Anticipation Builds for RIU Explorers Conference

/in /by

THE CONFERENCE CALLER: The RIU Explorers Conference kicking off in Fremantle next week will have a bit of everything for everyone ranging from positive drilling results to on-market takeover bids. We can’t wait.

 

Patronus Resources’ Makes Matsa Resources Takeover Bid Just in Time for RIU Explorers

THE CONFERENCE CALLER: A takeover bid by Patronus Resources (ASX: PTN) for Matsa Resources (ASX: MAT) provides next week’s RIU Explorers Conference a bit of colour.

READ MORE

 

Carnaby Resources Drills Further Encouragement at Greater Duchess

THE DRILL SERGEANT: Carnaby Resources (ASX: CNB) released results from a recent busy round of drilling completed at the company’s Greater Duchess copper gold project in Mt Isa, Queensland.

READ MORE

 

Black Cat Syndicate Resumes Paulsens Underground Drilling

THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) is conducting underground drilling at the company’s Paulsens gold operation in Western Australia.

READ MORE

 

Critica Declares Jupiter Maiden Resource as Australia’s Largest Clay Hosted REE Resource

THE DRILL SERGEANT: Critica (ASX: CRI) released, what the company claims as being, the “largest and highest-grade clay hosted rare earth resource”, in Australia.

READ MORE

 

Hot Chili Confirms LaVerde Copper-Gold Porphyry Discovery

THE DRILL SERGEANT: Hot Chili (ASX: HCH) declared confirmation of a copper-gold porphyry discovery at the La Verde copper-gold discovery near the company’s Costa Fuego copper-gold project in Chile.

READ MORE

 

Matsa Resources Encounters High-Grade Gold Intercept at Fortitude North

THE DRILL SERGEANT: Matsa Resources (ASX: MAT) rebuked a take over offer from Patronus Resources (ASX: PTN) while announcing a high-grade gold intercept at the company’s Lake Carey gold project in Western Australia.

READ MORE

 

Mt Malcolm Mines Producing Gold Sales from Golden Crown Bulk Sampling

THE DRILL SERGEANT: Mt Malcolm Mines (ASX: M2M) continues to produce gold recoveries of note from the company’s Golden Crown prospect in Western Australia.

READ MORE

 

Red Metal Confirms REO Continuity via Infill Drilling at Sybella Discovery

THE DRILL SERGEANT: Red Metal (ASX: RDM) has drilled confirmation that of wide zones of rare earth oxide mineralisation continue at the company’s Sybella rare earth discovery near Mt Isa.

READ MORE

 

 

Carnaby Resources Drills Further Encouragement at Greater Duchess

/in , /by

THE DRILL SERGEANT: Carnaby Resources (ASX: CNB) released results from a recent busy round of drilling completed at the company’s Greater Duchess copper gold project in Mt Isa, Queensland.

Carnaby Resources carried out drilling across a number of prospects within the Greater Duchess project, all of which returned encouraging results.

From the Mt Hope deposit (MRE 10.3 million tonnes at 1.7 per cent copper equivalent (CuEq) for 173,000 tonnes CuEq), assay results from geotechnical and resource delineation drilling undertaken as part of the Greater Duchess Pre-Feasibility Study confirmed substantial widths and grades of copper mineralisation.

Drilling at the Lady Fanny prospect intersected a broad zone of mineralisation, increasing the overall true width of the Lady Fanny Main Lode to 35 metres.

Ten resource delineation and extension RC drill holes undertaken at the Burke & Wills prospect all intersected mineralisation confirming the consistency of lode geometry in the upper portion of the deposit.

Six RC holes were carried out at the Nil Desperandum prospect to infill gaps in the drill coverage in the upper levels of the optimised pit. The drilling confirmed the lode geometry, widths and grades seen in previous drilling.

“The Greater Duchess project continues to advance and grow through drilling as part of the Pre-Feasibility Study and ongoing exploration,” Carnaby Resources managing director Rob Watkins said in the company’s ASX announcement.

“The results announced today continue to demonstrate the enormous upside for future mineral resource growth through extensions and new exploration discoveries in the region.

“The PFS remains on track with Carnaby’s maiden drilling at the new Trekelano acquisition about to commence.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Carnaby Resources Confirms Mohawk Copper-Gold Discovery

/in , /by

THE DRILL SERGEANT: Carnaby Resources (ASX: CNB) has confirmed its recent Mohawk copper gold discovery at the company’s Greater Duchess copper gold project in Mt Isa, Queensland.

Carnaby Resources announced the confirmation via the release of assay results from the first two drill holes undertaken at the Mohawk copper gold discovery.

Assays results included:

MKRC001
21 metres at 2 per cent copper, 0.6 grams per tonne gold from 43m, including 12m at 3.3 per cent copper, 0.9g/t gold from 44m; and

MKRC008
25m at 1 per cent copper, 0.3g/t gold from 97m, including 14m at 1.4 per cent copper, 0.5g/t gold from 98m.

“Assay results from the first two drill holes at Mohawk have come in at much higher grades than the previously reported pXRF readings and confirm Mohawk as a significant new high grade sulphide discovery,” Carnaby Resources managing director Rob Watkins said in the company’s ASX announcement.

“To date we have only drilled six holes into the main Mohawk zone with every hole intersecting strong copper sulphide mineralisation over broad widths.

“Drilling continues and we eagerly await the next the next round of assay results where we may see similar increases in copper grades from the pXRF readings.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE