Perth, Western Australia - Monday February 28, 2022 |
CZR set for big iron ore resource hike |
CZR Resources has received assays from the first 55 holes of a larger drill campaign that indicate the potential for a massive upgrade to direct shipping iron ore resources at Robe Mesa in the Pilbara. Resource increases are anticipated from extensive mineralized hits outside current resource blocks and from the lower ore horizon below existing pit designs. |
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Cyclone Metals acquires multi-element projects in NZ |
Cyclone Metals has acquired six exploration projects in New Zealand covering gold, copper, nickel and platinum group elements. Highlights include the Muirs project containing 222,000 ounces of gold in the 45 million ounce Hauraki goldfield. At the Mareburn project drill hits include 10m at 2.4 g/t gold and it is only 8km from the 10-million-ounce Macraes gold mine. |
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Trigg gets infrastructure boost along The Outback Way |
Trigg Mining is set to directly benefit from $678 million in government funding earmarked to upgrade “The Outback Way” linking Laverton in WA to Winton in Queensland. The funding will be used to seal the road extending from 40km east of Laverton to the WA-NT border, passing through Trigg’s tenure connecting the company’s developing Lake Throssel potash project with key domestic and international export markets. |
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Infill drilling racks up 15 per cent copper hits for PolarX |
Infill drilling by ASX-listed PolarX at its Caribou Dome copper deposit in Alaska has returned assays hitting an eye-watering 15 per cent copper underscoring the uber high-grade potential at the project. One notable intercept returned 19.09 metres at 7 per cent copper from 45m downhole and contained a high-grade interval of 3.98m going a staggering 14.8 per cent copper. |
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Round two complete at Burracoppin for Askari |
ASX-listed junior explorer Askari Metals has capped off the second phase of drilling at its prospective Burracoppin gold project in Western Australia’s eastern Wheatbelt. The company completed 1,300 metres over 13 reverse circulation holes following on from a number of significant strikes in the first pass. The junior has its eyes on a third round as it keenly awaits assay results. |
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Surefire onto nickel in Julimar province |
Surefire Resources may be poised to unwrap a parcel of polymetallic treasures after a high−resolution aeromagnetic survey and first-pass exploration work at its Kadji Project in the West Yilgarn region of WA confirmed the presence of nickeliferous ultramafic lithologies. The project is considered highly prospective for nickel, copper and platinum group elements and is in the same province as Chalice Mining’s Julimar Gonneville discovery. |
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Strickland drilling for big resource upgrade at Millrose |
Strickland Metals is hitting its Millrose gold project in WA hard with three drill rigs to remain on site for much of 2022. Drilling is currently focused on laterite hosted gold near surface and strike and depth extensions are key targets in a big push to add to the existing 603,000-ounce gold resource ahead of the development of a mining plan. |
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Metal Hawk lights up more WA nickel targets |
ASX-listed Metal Hawk has lit up a string of bedrock conductors, potentially pointing to the presence of massive nickel sulphides following a ground electromagnetic survey at its Berehaven project located some 20km southeast of Kalgoorlie in Western Australia. Several of the identified conductors lie along strike from the company’s exciting massive nickel-sulphide Commodore discovery which has returned assays up to 5.89 per cent nickel. |
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Godolphin makes Cadia, Boda comparison |
Godolphin Resources has dated the mineralisation at its Turrawonga prospect within its Copper Hill East project in NSW which it says is remarkably similar to the massive Cadia and Boda copper-gold discoveries in the region. The company believes its porphyry intrusions date back to the Ordovician age, the same age as many major discoveries that hug the lucrative Molong Volcanic Belt in NSW. |
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Antilles tables lovely set of numbers for Cuban gold project |
Antilles Gold says it can make $35 million a year for at least 6 years before going underground for another 10 years at its 49 per cent owned La Demajagua Cuban gold and silver project. Notably, the company says it can get the project into production for an equity contribution of just $18 million before debt and management is expecting to churn out 100,000 ounces of gold equivalent a year. |
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Arrow unlocks expanding West African gold system |
West African gold explorer Arrow Minerals is unlocking the increasingly significant gold potential of its Vranso project in Burkina Faso with recent holes confirming mineralisation at two prospects and extending it by 1,000 metres at another. The company recently fired a volley of 35 reverse circulation holes for 3,472m across three priority prospects, one of which came in at 8m grading 2.1 g/t gold. |
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More near-mine success for Gascoyne |
ASX-listed gold miner Gascoyne Resources is enjoying further near-mine exploration success on two fronts at its Dalgaranga gold project in Western Australia’s Murchison region. A high-grade hit beneath the Plymouth open pit points to an increased resource potential and drilling at Gilbey’s North and continues to grow the width and extent of the recently discovered mineralised zone. |
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Auroch unveils more massive nickel sulphides hits |
Two further diamond drill holes yielding massive nickel sulphide intercepts have boosted Auroch Minerals’ aim of upgrading the resource estimate at its Saints nickel project in WA. The company said the two holes were outside the current modelled resource at the Saint Patricks deposit, having been drilled into a gap between the modelled nickel sulphide mineralisation used in the current resource estimate. |
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Tambourah lights up 17 battery metals targets in WA |
Tambourah has captured 17 priority targets in its battery metals search after a detailed data analysis of the Wongan Hills South project in the Wheatbelt region of Western Australia. The targets were generated using available geophysics and the project’s database. The Wongan Hills South project is part of Tambourah’s larger Julimar North project in what is fast emerging as Australia’s most exciting PGE-nickel-copper-cobalt mineral field. |
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