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PVW Resources Highlights New Tanami Rare Earth Potential

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THE DRILL SERGEANT: PVW Resources (ASX: PVW) has news for rare earths focused delegates attending the RIU Explorers Conference next week from the company’s 100 per cent-owned Tanami heavy rare earth and gold project in Western Australia.

PVW Resources declared it has identified multiple new REE anomalies from air-core drilling completed in 2022 that it believes has opened up exciting new opportunities for follow-up exploration in 2023.

Results from the extensive regional air-core program have identified new high-priority exploration targets and confirmed the prospectivity of the project.

Other activity included a detailed ground gravity survey at the Watts Rise and Castella targets with both revealing additional detail to the sub-surface the company believes will complement drilling and magnetics.

“These new air-core results are very exciting and mark a significant development in our exploration of the Tanami project,” PVW Resources executive director George Bauk said in the company’s ASX announcement.

“They have outlined a number of new priority targets, taken from conceptual targets to highly anomalous TREO results ready for follow-up, substantially enhancing our exploration pipeline in the Tanami.

“Since field work was completed in November 2022, the company’s exploration geologists have continued to improve their understanding of REE mineralisation in the Tanami.

“Recognising the need to find ore zones, the 2022 exploration effort has provided PVW with a pipeline of prospects and targets that were previously unknown.

“We are now ideally positioned to prioritise and test these new targets in 2023.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

PVW Resources Kicking Off Tanami Exploration at Watts Rise

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THE DRILL SERGEANT: PVW Resources (ASX: PVW) is set to commence exploration activities on the Watt Rise prospect at the company’s Tanami project in Western Australia.

PVW Resources will be following a path laid by previous owners that drilled gold mineralisation at Watts Rise in 2010.

The ground-based exploration program commencing in August at the Watts Rise prospect will test for surface gold and pathfinders along the Watts Trend and further afield, using an airborne geophysical survey with the aim of completing detailed geophysical coverage of the Tanami project.

Subsequent interpretation of airborne geophysics will focus on defining new regional drill targets for gold and rare earth elements and refining existing targets in preparation for drilling later this year.

“It is hard to believe that the last hole drilled at the project, which intersected highly significant mineralisation, has not been followed up in nearly a decade,” PVW Resources executive director George Bauk said in the company’s ASX announcement.

“Drilling at the Watts Rise prospect has intersected multiple gold horizons but there has been a lack of detailed geological interpretation undertaken by previous explorers.

“We are now on the ground and about to commence the next chapter of exploration.

“Over the past decade, we have seen Northern Star develop a significant land holding in the Tanami Region and most recently Encounter Resources has announced its intent to spin out its Tanami project into a new company focussed on the region.

“The potential of the region is highlighted by the world class Callie deposit which is owned and operated by Newmont Gold, the world’s largest gold company.

“Only a handful of companies hold significant land positions in the region, and we are 100 per cent holders of over 1,000 square kilometres of contiguous tenements with outstanding drill intersections to work with.

“Our team is employing a structured approach to the exploration activities with the completion of detailed airborne geophysical coverage and on ground activities prior to the company’s maiden Tanami drilling program planned for the end of the year.

“The project is well serviced with the Tanami Road intersecting the southern part of our tenement holding and the Coyote Gold Mine Camp provides a convenient and close base to operate from.

“We have expertise in our team on a number of fronts including a long history of exploring in the area for multiple commodities, gold exploration expertise globally and operational experience in the immediate region.

“The journey is now beginning for PVW in the Tanami and we look forward to the outcomes of our efforts in the coming quarters and years.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@pvwresources.com.au

 

Web: www.pvwresources.com.au

 

PVW Resources Swoops on Kalgoorlie Drill Rig

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THE DRILL SERGEANT: PVW Resources (ASX: PVW) has taken advantage of a spare drill rig to commence auger drilling comprising up to 600 holes to test for near surface gold anomalism on two of the company’s Kalgoorlie tenements.

PVW Resources will commence drilling on E27/571 with 100 holes planned at the southern end of the tenement and then move to E27/614.

While this drilling is underway the company is finalising drill sites for drilling to commence at its Leonora project.

“Auger drilling has commenced at our Kalgoorlie project, aimed at collecting samples below the soil profile,” PVW Resources executive director George Bauk said in the company’s ASX announcement.

“This will provide the team with information to assist with drill target definition.

“The area adjoining our tenements has produced some excellent results in the past 12 months which has encouraged us to commence exploration in this area immediately.

“It’s a busy period for the company following the completion of the merge with Thred Limited.

“We are currently planning the final position of the holes at Leonora for our RC drilling program which could start as early as next week, subject to the arrival of the drill rig.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@pvwresources.com.au

 

Web: www.pvwresources.com.au

 

 

PVW Resources Identifying New Leonora Targets

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THE DRILL SERGEANT: PVW Resources (ASX: PVW) has wrapped up recent desktop work that has identified improving exploration targets at the Jungle Well project, within the company’s Leonora project in Western Australia.

The company has had historical datasets combed over by Southern Geoscience Consultants (SGC) with planning in mind for Fixed Loop Electromagnetic surveying (FLTEM) to refine drill targets over multiple conductors.

Following completion of the FLTEM activities and interpretation, exploration drilling will aim to test and confirm the source of the conductors.

“This work undertaken on granted mining lease M37/135 highlights the potential of the Leonora projects.

“Review of historical ground geophysics and follow up, including diamond core drilling with results to 13.22 metres at 1.74 grams per tonne gold from 276 metres, adds to the pipeline of prospects to be explored.

“The Leonora project has immediate potential, and we look forward to commencing our exploration efforts in the June Quarter.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@pvwresources.com.au

 

Web: www.pvwresources.com.au