Perth, Western Australia - Wednesday March 30, 2022 |
American West hits massive zinc-copper sulphides in Utah
|
American West Metals continues to put runs on the board after it stumped up a whopping 157-metre intercept of visual zinc and copper massive sulphide mineralisation from its fourth diamond drill hole at its West Desert project in Utah. The company says the rods are still spinning in its quest to expose the full extent of the underexplored resource. |
|
|
Gold sniffs for Si6 at new Laverton targets |
Si6 Metals has unearthed promising hints of gold from an air core drilling blitz across a plethora of underexplored targets at its Monument gold project. The company is on the hunt for bulk-tonnage, syenite or ‘intrusive’ igneous rock-hosted gold mineralisation similar in style to the geological setting hosting Gold Field’s nearby seven-million-ounce Wallaby gold deposit, also in the Laverton Tectonic Zone in Western Australia. |
|
|
Positive study for Horizon Minerals gold project
|
Horizon Minerals has released positive results from a pre-feasibility study of its Cannon underground gold project. The project is projected to generate $10.1 million of net cash flow over a 16-month mine life at a cost of $1873 per ounce of gold. Cannon is part of the company’s 1.15-million-ounce gold resource and ongoing cash flow is planned with the Cannon mine followed by further underground mines Penny’s Find and Rose Hill. |
|
|
Venture Minerals closing in on Mount Lindsay tin mine
|
Venture Minerals has completed highly encouraging metallurgical drilling and appointed a senior mining engineer to complete its feasibility study for a new underground tin mine at Mount Lindsay, Tasmania. The undeveloped tin project is one of the largest in the world with more than 80,000 tonnes of tin and a globally significant critical metal content of 3,200,000 metric tonnes of tungsten. |
|
|
Aurumin prepares to spin auger drill in WA
|
Having just received the keys to its Sandstone project in Western Australia, gold developer Aurumin Limited is gearing up to begin systematically exploring with an initial round of auger drilling. The vehicle-mounted program, due to kick off next week, is designed to build on five near-mill targets handed over from the previous owner – plus test a further 36 targets generated by the company. |
|
|
Torian extends gold resource boundaries with fresh hits |
Torian Resources has racked up additional significant gold intercepts that extend the resource boundaries at the company’s flagship Mt Stirling project just 8km from Red 5’s King Of The Hills gold mine in WA that has produced more than one million ounces of gold. Significant drill results recently returned include 33 metres grading 1.78 grams per tonne gold from 196m downhole. |
|
|
Calima keeps drillers busy in Canada oil search
|
Canadian energy producer Calima Energy is planning an aggressive 60 well drilling campaign over the next five years, mainly targeting proven locations at its Brooks and Thorsby project areas to add additional, low risk oil production. The company said the majority of the wells are aimed at converting proven undeveloped locations into cash-generating production wells. |
|
|
Coda continues unlocking copper-rich Gawler Craton
|
Coda Minerals is finding further potential at its flagship Elizabeth Creek copper project in SA’s world-class Gawler Craton. The latest drill hole intersected a distinct copper-rich zone, indicating a possible southeast expansion of the interpreted IOCG mineralisation. It says a geologically distinct, copper-rich ‘bornite’ dominated zone was intercepted and an independent re-evaluation of the emerging area demonstrates its potential for more. |
|
|
CZR looks to grow WA iron mine life and production
|
West Australian iron ore player CZR Resources has received more assays that seemingly support its strategy to grow mine life and production rates at its Robe Mesa iron ore project in the west Pilbara. The company says the project is poised for significant growth as the latest assays continue to reveal extensive direct shipping ore mineralisation from the surface and outside the resource area. |
|
|
Kaiser Reef takes off with drones in Victorian gold search |
Junior gold explorer Kaiser Reef has recently completed an underground drone stope survey, using cutting-edge technology to gather data from historical unsurveyed stopes that need to be accounted for in resource and mine studies at the company’s Maldon gold project in the Victorian Goldfields. The research is expected to assist independent consultancy MiningOne in its ongoing resource modelling. |
|
|
Riedel drilling on track targeting high-grade US gold
|
Arizona focused junior gold explorer Riedel Resources is powering through an RC program with 17 holes for 1330 metres drilled to date at its Kingman gold project in Arizona. The campaign targets the highly prospective Tintic mine area that has historic assays including a 3.8m hit grading 98.9 grams per tonne gold and 151 g/t silver from just 20.6m downhole. |
|
|
Kopore secures West African uranium permit extension
|
Kopore Metals has been granted a valuable two-year extension on the exploration permits transferred with the company’s 100 per cent acquisition of Endeavour’s uranium project in the Agadez region of Niger in West Africa. With the government permits safely secured, the company says it will now proceed to complete the transaction with Endeavour. The permits cover a total of 726 square kilometres in the uranium-rich neighbourhood. |
|
|
New Mt Alexander nickel-copper targets for St George |
St George Mining has identified five new nickel copper targets at its Mt Alexander project. The company said the conceptual targets are large and compelling, with little or no previous drilling. Seismic surveys are to be expanded to cover the new zones. Infill and extensional diamond drilling is also aiming at known, high-grade mineralisation in a bid to expand the Investigators and Stricklands deposits. |
|
|
Yarbu augur drilling completed for Twenty Seven Co
|
Twenty Seven Co. has completed a 335-hole auger drilling program at its wholly-owned Yarbu gold project. Drilling targeted soil gold anomalies with more than 20 parts per billion gold in soil, where combined lead-zinc values were also anomalous. The highest priority target was a soil gold anomaly with dimensions of 1.9 kilometres by 1.4km returning gold results up to 164 parts per billion. |
|
|
Taruga, Peak roll in the rig for WA nickel copper
|
Taruga Minerals Limited and its joint venture partner Peak Minerals Limited have recently fired up the rig for an air core drilling program at the duo’s Meekatharra nickel-copper project in Western Australia. The campaign is targeting geophysical and geochemical anomalies interpreted to be associated with mafic and ultramafic rocks that if present may be associated with magmatic nickel-copper sulphide mineralisation. |
|
|
Is your ASX-listed public company doing something interesting?
|
Follow Bulls N’ Bears on social media |
If you would prefer not to receive newsletter emails from The West Australian, you can update your preferences or unsubscribe below. |
|
|
|
|