Perth, Western Australia - Wednesday February 16, 2022 |
American West spots visual copper-zinc in Utah probe
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ASX-listed American West Metals has made a promising start to its US metals hunt after spotting extensive visual zinc and copper mineralisation in the first diamond hole at its West Desert project in Utah. The discovery forms part of an inaugural 7,500 metre probe at the project aimed at testing the continuity of the high-grade mineralisation. |
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Abujar, the gift that keeps giving for Tietto
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West Africa gold miner, Tietto Minerals has racked up another stirring set of high‐grade gold hits from drilling at its key AG deposit at the company’s more than three-million-ounce Abujar gold project in Côte d’Ivoire. Stand-out drill results from Tietto’s recent 17-hole probe include a 2.4 metre section grading a bonanza 153.49 grams per tonne gold from a little over 31m. |
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Classic clears penultimate hurdle for Kat Gap mine
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Classic Minerals has only one hurdle left to clear now to develop its Kat Gap gold mine near Southern Cross after being given a permit to clear native vegetation for its mine and processing plant in WA’s goldfields. The company only needs regulatory approval for its mining proposal now including the mine closure plan before it can kick its operation into gear. |
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Great Southern onto major gold system near Laverton
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Junior gold explorer Great Southern Mining says a two-hole probe of its Southern Star deposit has confirmed a significant mineralised system. The deposit forms part of the Duketon gold project about 45 kilometres north of Laverton in WA. The company says both diamond holes intersected a mineralised quartz dolerite unit and gold-bearing assemblages that could be part of a larger system. |
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Arrow lights up major gold trend in Burkina Faso
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West African gold explorer Arrow Minerals has lit up some 50 square kilometres of fertile greenstone belt after employing modern exploration techniques over a vastly under-explored area. The company used a stream sediment geochemical survey to highlight an anomaly along the same mineralised trend that hosts the high-grade Guido gold deposit at the company’s Vranso project in Burkina Faso. |
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New gold hits to update resource for Alto at Sandstone
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Drilling from Alto Metals’ Sandstone gold project in WA’s east Murchison region has churned out a string of significant gold hits. Best numbers include 21 metres grading 2.0 grams per tonne gold from 46m with an internal metre returning 14.9 g/t. The latest results from Alto’s massive 60,000m drilling blitz are set to feed into an updated mineral resource estimate slated for the first quarter of this year. |
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Metal Hawk hits gold paydirt under nickel deposit |
ASX-listed junior explorer Metal Hawk has hit serious paydirt again at its Berehaven project, 20 kilometres south-east of Kalgoorlie in the West Australian Goldfields. Assays have confirmed a high-grade gold zone of five metres grading 7.2 grams per tonne gold is sitting below the company’s high-grade nickel zone identified last year. Promisingly, mineralisation remains open in all directions. |
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Zuleika to embark on major Goldfields drilling offensive
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ASX-listed explorer Zuleika Gold is set to embark on major expansionary drilling programs across its Kalgoorlie gold projects. After a significant effort in 2021, the company is gearing up to plough an additional 20,000 metres into the ground for what will ultimately be a serious 40,000m campaign over two years for the Mark Creasy backed junior. |
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Iroquois asset adds to Strickland portfolio |
Strickland Metals’ second-string Iroquois project in the northern goldfields is continuing to jostle attention away from its better addressed Yandal greenstone belt Strickland stablemates, the Horse Well and Millrose projects. Iroquois has been throwing up some impressive zinc hits to back up last year’s initial discovery and it appears that Strickland now has yet another serious project on its books. |
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Lithium sniffs for Kairos near Kalgoorlie |
Kairos Minerals has eked out an extensive lithium-in-soil anomaly at its Roe Hills project some 120km east of Kalgoorlie in Western Australia. With the white metal running red hot and the emerging discovery of Breaker Resources’ Manna Lithium deposit only 10km up the road, the company cast its eye back over the results of a 2020 soil sampling program and discovered the intriguing anomaly stretching over 2.7km. |
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Horizon unearths multi-mineral cocktail near Coolgardie |
Horizon Minerals has unearthed a mixed bag of geological goodies at its Yarmany project near Coolgardie. Initial drill results confirm gold, nickel-cobalt-copper, silver, lead, zinc and even lithium mineralisation to be present, opening up a grab bag of opportunities for the gold developer. The Yarmany project sits around 25 kilometres northwest of Coolgardie and takes in some 400km2 along the prospective Mt Ida Fault and Reptile shear zone. |
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Dart uses techniques old and new in Victorian gold hunt |
Dart Mining is getting early positive results from the drill bit at its Granite Flat copper-gold porphyry project in Northeast Victoria as the company punches diamond drill holes into both deep and shallow targets identified during last year’s geophysics program. It has also sent drill core from the 1980s back to the assay lab for more comprehensive testing. |
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Image board makes case to reject Chinese takeover bid |
Image Resources’ major shareholder, Chinese backed Murray Zircon is looking to show the existing board and management the door despite three solid and profitable years at the mineral sands miner. Murray Zircon has lobbed a section 249D notice over the wall seeking to remove the directors and its largest beneficial shareholder, LB Group is working the phones looking for support for the 249D – the key question however is why? |
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Venture scores giant tin hit in Tasmania |
Venture Minerals is scrubbing up its Tasmanian tin-tungsten play in rapid fire after drilling at its Mount Lindsay project rattled off a clutch of exemplary results including a monster 119.2 metre intersection grading 0.8 per cent tin and 0.2 per cent tungsten from 75.8m. Remarkably, Venture says the hole is still open and that it is still awaiting additional assay results. |
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Wiluna ships first gold concentrate
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ASX-listed Wiluna Mining is ticking off milestones after confirming the first shipment of gold concentrate to its two off-take partners, Polymetal International and Trafigura. The company says the maiden supply forms part of an ongoing delivery that could significantly spike its revenue and assist in financing its transition towards becoming a top tier gold producer. |
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Valor meets farm-in commitments for Canadian uranium asset |
Junior explorer Valor Resources has met its first-year expenditure and cash payment commitments under a farm-in agreement where it is looking to take an 80 per cent stake in the Hook Lake uranium project located 60 kilometres east of the Key Lake uranium mine in northern Saskatchewan in Canada. Expenditure by Valor has now exceeded the C$750,000 requirement set out in the farm-in agreement. |
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