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Encounter Resources Hits Thick, high-Grade Niobium-REE at Aileron

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THE DRILL SERGEANT: Encounter Resources (ASX: ENR) reported the intersection of high-grade niobium and REE mineralisation at the company’s 100 per cent-owned Aileron critical minerals project in the West Arunta region of Western Australia.

Although in Western Australia, the Arunta project Is located approx. 600 kilometres west of Alice Springs.

Encounter’s drilling campaign followed earlier large gravity, magnetic and radiometric surveys at Aileron, from which it defined three initial drill targets at Caird, Crean and Hoschke.

The first two holes at Crean, drilled 1.5km apart on the Elephant Island Fault, intersected carbonatites with both RC pre-collars finishing in high-grade niobium and rare earths mineralisation.

Hole EAL008 intersected 94.7m of carbonatite from 55m to 149.7m.

Assays results from the 90m deep RC pre-collar returned:
34 metres at 1 per cent niobium (Nb2O5) and 0.6 per cent total rare earth oxide (TREO) from 56m to end of pre-collar, including 4m at 3.8 per cent Nb2O5 and 1.9 per cent TREO from 56m.

Hole EAL007 intersected 282m of carbonatite from 64m to end of hole at 346m.

Assay results from the 69m deep RC pre-collar returned:
2m at 1.2 per cent Nb2O5 and 0.6 per cent TREO from 67m to end of pre-collar.

“The intersection of high-grade niobium and rare earths at Crean in the first two holes drilled 1.5 kilometres apart is an incredible start and demonstrates the critical minerals potential that is emerging in the West Arunta,” Encounter Resources managing director Will Robinson said in the company’s ASX announcement.

“An 8,000 to 10,000 metres RC drill program is scheduled to commence in August to extend the niobium-REE mineralisation at Crean as well as drill testing a suite of new, high-quality targets.

“It’s still very early days but the success rate from the small number of holes drilled in the West Arunta is quite extraordinary and bodes well for future drill programs at Aileron.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Encounter Resources Defines Targets West Arunta Diamond Drilling

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THE DRILL SERGEANT: Encounter Resources (ASX: ENR) is preparing for an upcoming drilling campaign after geophysical modelling refined targets at the company’s 100 per cent-owned Aileron copper-REE project in the West Arunta region of Western Australia.

Encounter Resources completed large gravity, magnetic and radiometric surveys at Aileron during 2021 and 2022, resulting in the identification of three priority drill targets for 2023: Caird, Crean and Worsley.

Caird – described by the company as a ‘bullseye’ coincident magnetic and density anomaly 5km north-west of the recent Luni mineralised carbonatite discovery by WA1 Resources;

Crean – regional scale magnetic anomaly with an offset gravity anomaly similar to the Prominent Hill IOCG deposit; and

Worsley – considered by Encounter as the region’s standout magnetic and coincident gravity anomaly with anomalous copper, gold, molybdenum, niobium and REE (up to 0.8%) intersected in prior incomplete drillhole EAL0001.

“Encounter has completed major gravity, magnetics and radiometric surveys at Aileron,” Encounter Resources managing director Will Robinson said in the company’s ASX announcement.

“These surveys have defined three priority drill targets.

“The Crean, Worsley and Caird targets are exceptional, large scale magnetic and gravity anomalies in an unexplored emerging critical minerals province.

“These anomalies have similar geophysical characteristics to the IOCG deposits in South Australia, such as Prominent Hill, and the recently discovered mineralised carbonatites in the West Arunta.

“The drill targets have been modelled as sub-vertical features at explorable depth.

“Diamond drilling will commence in April 2023.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Encounter Resources Cites Encouraging Critical Minerals Start at Junction

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THE CONFERENCE CALLER: Encounter Resources (ASX: ENR) is onto an “encouraging start” for critical minerals at its Junction lithium project in the Northern Territory, managing director Will Robinson said on the sidelines of the 2023 RIU Explorers Conference. By Ngaire McDiarmid

On the eve of the event, Encounter reported that rock chip assays had confirmed lithium-caesium-tantalum pegmatites at Junction’s Crawford target, saying they were comparable to the host pegmatites of the Finnis lithium deposits in the Pine Creek region.

Robinson said it was the company’s first exploration in the area, which had been identified by director Dr Jon Hronsky as having potential for critical minerals or lithium.

“For us to go onto the ground and sample exactly what we want to see in our first program was a really encouraging start,” Robinson told Resources Roadhouse.

“Now the path from here is pretty clear, we’re going to do a soil sampling program and drill the best of the anomalies that come out of that.”

He thought the area was going to be regionally significant, noting Core Lithium’s Ringing Rocks lithium prospect was about 5km to the west.

Robinson expected exploration at Junction to form “a big part” of the 2023 work program for Encounter, which has suite of exploration projects in the NT and Western Australia, some subject to farm-ins with companies including BHP and IGO.

 

READ MORE HERE

 

 

All Indicators Point to a Big First Day at RIU Explorers 2023

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THE CONFERENCE CALLER: The competition for delegate attention is already heating up on the eve of the RIU Explorers Conference with presenting companies releasing eye catching announcements.

 

Alto Metals (ASX: AME) reported RC drilling at the historic high-grade Oroya Mine, located within the company’s 100 per cent-owned Sandstone gold project intersected high-grade gold mineralisation beyond the boundaries of historical workings.

The wide-spaced step out drilling confirmed Alto’s current geological model as it targets extensions of the Sandstone Main reef and unmined mineralisation to the north-west beyond the north end of the pit, along with extensions down dip to the west.

READ MORE HERE

 

Medallion Metals (ASX: MM8) reported further expansion of the JORC 2012 Mineral Resource Estimate (MRE) at the company’s Ravensthorpe gold project in Western Australia.

The expanded MRE at Ravensthorpe now totals 19.5 million tonnes at 2.1 grams per tonne gold and 0.3 per cent copper for 1.3 million ounces of gold and 59,000 tonnes of contained copper metal.

There are 790,000 ounces (61%) of the gold and 36,000 tonnes of the copper (60%) metal estimated in the her confidence Indicated category, the remainder is in Inferred.

READ MORE HERE

 

Azure Minerals (ASX: AZS) intersected lithium-bearing pegmatites while drilling diamond holes in late 2022, testing nickel targets on its Andover project in WA.

Azure drilled ANDD0199 to test a nickel target near the an airborne electromagnetic (VTEM) anomaly, which at a downhole depth of 313.9 metres returned a strong lithium intersection of 1.51 per cent lithium oxide (Li2O) over 7.2m, including an internal high-grade zone of 1.87 per cent Li2O over 3.1m.

Azure interpreted this result to be further evidence of the mineral endowment of Andover as a battery metals project hosting nickel, copper, cobalt and now lithium.

READ MORE HERE

 

Encounter Resources (ASX: ENR) declared confirmation of lithium and other critical minerals bearing LCT pegmatites at the Crawford target part of the company’s Junction lithium project in the Northern Territory.

“The first on-ground activities completed have identified a trend of lithium and critical minerals bearing LCT pegmatites,” Encounter Resources managing director Will Robinson said.

“Crawford is a new critical minerals occurrence in the North Arunta and is located approx. five kilometres east of Core Lithium’s Ringing Rocks prospect which further serves to highlight the potential of the broader Junction region.”

READ MORE HERE

 

Dreadnought Resources (ASX: DRE) announced an Exploration Target for the approx. 40kms strike of the Yin Ironstone Complex within the company’s 100 per cent-owned Mangaroon project, located in the Gascoyne Region of WA.

The Exploration Target follows Dreadnought’s recent expansion of the Yin Ironstone Complex to 43kms of strike, combined with extensive geological knowledge of the REE ironstones in the region has provided the foundation for the Exploration Target.

The Exploration Target covers over 40kms of the near surface ironstones at Yin and importantly, excludes the current Yin Resource, any mineralisation at depth (underground potential) and the C1-C7 carbonatites.

READ MORE HERE

 

Black Cat Syndicate (ASX: BC8) updated the JORC 2012 Mineral Resource at Paulsens Underground, part of the company’s 100 per cent-owned Paulsens Gold Operation in WA.

Black Cat has increased the total gold Resources at the Paulsens Gold Operation by 73 per cent to 401,000 ounces at 3.3g/t gold.

Total Measured and Indicated Resources increased 65 per cent to 163,000 ounces at 8g/t gold.

“To triple the underground Resource after only two months of drilling is a sensational start to our growth and mining ambitions at Paulsens,” Black Cat Syndicate managing director Gareth Solly said.

“We see huge upside in the near mine area as well as potential repeat targets and the greater region.”

READ MORE HERE

 

De Grey Mining (ASX: DEG) has identified a new structurally controlled gold zone at the Withnell gold deposit, within the company’s Mallina gold project in the Pilbara.

De Grey reported drilling results from Withnell South it said provides opportunity to increase shallow, open pit resources.

Multiple new lodes were defined over 800m of strike and 200m vertical depth remaining open to the east and at depth.

The company believes these demonstrate the potential to increase the resource base and future production from its existing, structurally hosted, regional deposits.

READ MORE HERE

 

Caspin Resources (ASX: CPN) reported on final drilling, rock chip and soil geochemistry results from recent programs at the company’s Mount Squires project in WA.

There recent activity identified a two kilometres long gold in soil anomaly on the Handpump Fault, known as the Regal prospect, which is the largest and strongest gold geochemical anomaly Caspin has defined at the project to date.

This is surrounded by several other smaller gold anomalies.

Further gold and molybdenum results were achieved from aircore drilling at the Duchess prospect where deeper RC drill testing is to be carried out in 2023.

READ MORE HERE

 

 

Encounter Resources Defines Drill Targets via Seismic Processing

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THE DRILL SERGEANT: Encounter Resources (ASX: ENR) announced identification of a suite of drill targets at the Carrara and Jessica projects that are being explored in partnership with South32 under Farm-in Agreements in the Northern Territory.

Encounter Resources explained the targets emerged from reprocessing of seismic lines.

The Jessica copper project covers approx. 6,300 square kilometres along key structural corridors east of Tennant Creek and is prospective for sediment-hosted copper and IOCG style deposits.

The Carrara copper-zinc project was secured by Encounter upon release of the South Nicholson Seismic Survey, a foundational dataset acquired as part of the Geoscience Australia Exploring for the Future Program.

Carrara is located at an interpreted structural offset of the western margin of the Carrara Sub-basin where the prospective Isa Superbasin units are modelled closer to surface.

“Jessica and Carrara present as unique exploration opportunities,” Encounter Resources managing director Will Robinson said in the company’s ASX announcement.

“The South Nicholson Seismic Survey, acquired as part of the Geoscience Australia Exploring for the Future Program, has provided an incomparable dataset for mineral explorers in this part of the NT.

“We have utilised this widespread seismic coverage, together with a detailed gravity survey facilitated by the NT Geological Survey in 2022, to generate drill targets for testing in 2023.

“The reprocessing of the seismic lines at Jessica and Carrara by HiSeis, experts in hard rock geological imaging, was the first activity completed in the partnership with South32 and the results have been revealing.

“Applied extensively by the oil and gas industry, seismic modelling techniques have resulted in astounding exploration success.

“The application of seismic to hard rock minerals exploration has the potential to make step changes in success rates for copper and zinc discoveries in sedimentary basins.

“We are delighted that South32 is planning to commence with diamond drilling at Jessica and Carrara in the 2023 field season.”

 

 

 

Web: www.enrl.com.au