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Perth, Western Australia - Tuesday August 03, 2021


Great Southern nails 59m gold intercept near Laverton
ASX-listed Great Southern Mining has tabled multiple stellar gold intercepts at its 100 per cent owned Duketon gold project some 45km north of Laverton in the Goldfields of Western Australia. An outstanding 59m hit going 2.1 grams per tonne gold from 53m leads the pack and includes a 9m intersection going at 4.5 g/t and another 16m at 3.2 g/t gold.
Kopore gears up to drill test WA copper-gold prospect
Kopore Metals has successfully conducted an initial airborne magnetic survey at its earn-in project at Horseshoe West in the Bryah Basin, located immediately west of the Horseshoe Lights Copper-Gold mine north of Meekatharra in WA. Kopore is investigating the area for potential Horseshoe Lights “VMS” style copper-gold and shear-zone hosted gold mineralisation and has a planned auger drill program approved and ready to go. 
Caeneus intersects sulphides in first-pass Pilbara drilling
Caeneus Minerals is up and running in Western Australia’s emergent Pilbara goldfield having kicked off aircore drilling across the coveted terrane. The company has commenced a 20,000 metre aircore drilling program designed to test of a quiver of targets within its Roberts Hill tenure which sits immediately north of De Grey Mining’s 6.8-million-ounce Hemi gold discovery. 
Twenty Seven Co set to drill in WA as COVID takes hold in NSW
Twenty Seven Co is set to fast-track a drilling campaign at its 100 per cent owned Rover gold project south-east of Sandstone in the Goldfields of Western Australia after COVID-19 has delayed its plans to get the rods spinning in NSW. The company is looking to have boots on the ground at Rover in September to follow up on previous stellar hits including 14m at 4.05 grams per tonne gold from 49m at the Creasy North prospect, which also takes in a 1m interval at a bumper 51.2 g/t gold.
Conico serves up more sulphides at Greenland polymetallic project
ASX-listed Conico Limited has hit more sulphides as its drilling campaign ramps up at the Ryberg project in Greenland. Matrix sulphide mineralisation was intersected over 2.9 metres from 96.8 metres in one drill hole and trace sulphides were encountered from 278 to 280 metres downhole in another. The drill rigs have started two new holes in search of a significant magnetic anomaly interpreted from a downhole survey.
Venus launches big Youanmi regional drilling foray
Venus Metals and Rox Resources have launched a major drilling offensive at their joint ventured “Youanmi Regional” project in WA. An array of gold prospects on the partner’s ground-holdings will be the subject of a serious 22,000m aircore drilling campaign consisting of 540 holes. The JV says the program will target high-grade gold mineralisation along an 18.5km greenstone corridor between the well-known Youanmi and Penny gold deposits.
Antilles ups the ante in Cuban gold hunt
Antilles Gold is investing heavily in Cuba and is at the pointy end of the newly emerging gold sector in the Caribbean nation that is seriously mineral-rich, accessible, largely underexplored and importantly, Antilles has put the hard yards in to develop its relationship with the Cuban government. Its joint venture with Government mining company GeoMinera is looking to catapult the La Demajagua open pit gold mine into production by 2024.  
Australian Potash locks in cultural heritage plan approval
ASX-listed premium fertiliser group Australian Potash has received an important nod from the Environmental Protection Authority for its key cultural heritage management plan for the development of its Lake Wells sulphate of potash project in WA’s Eastern Goldfields. The EPA approval represents another major milestone for the company, wrapping up the last of the statutory environmental permitting requirements for the project.
Coda delivers wide copper intercepts at new SA discovery
Coda Minerals has backed up its high-profile Emmie Bluff IOCG discovery in South Australia’s revered Gawler Craton with recent drilling returning copper mineralisation over more than 35 metres width including an impressive  28.14m at 1.21 per cent copper, 0.37 grams per tonne gold and 2.3 g/t silver from 810.79m down-hole.  The company says individual assays kick as high as 5.39 per cent copper within the sulphide zone.
Maximus identifies new EM conductors at Kambalda
Maximus Resources is preparing to set the drill rig in motion at its Hilditch nickel and gold prospect 25 kilometres from BHP’s Kambalda nickel concentrator in WA. The company identified several standout electromagnetic conductors that are begging to see the drill bit in a recent fixed-loop electromagnetic survey. The survey follows a maiden drilling program that threw up some encouraging results including 5m at 1.2 per cent nickel.
Auroch hits more WA nickel as drilling blitz intensifies
Auroch Minerals has delivered a 4.64m nickel sulphide drill hit going 2.99 per cent nickel from 71.58m at its 80 per cent owned Nepean project, south of Coolgardie in Western Australia. The company’s exploration blitz continues to gather steam as regional drilling along 10km of strike at Nepean ramps up. Depth testing below the historical Nepean nickel mine is also on the cards and assays from more than 3,000m of drilling are pending.
Horizon hits more gold at Boorara
ASX-listed aspiring gold developer Horizon Minerals has returned a swag of encouraging drill intersections of between one and three grams per tonne gold from a first-pass reverse circulation program at its flagship Boorara project near Kalgoorlie in WA. The drilling vectored in on several prospects lining a 10km corridor that takes in the company’s centrepiece 448,240-ounce Boorara deposit and smaller 30,720-ounce Golden Ridge deposit.
Aldoro settles Wyemandoo and Niobe lithium acquisition
ASX-listed Aldoro Resources has substantially increased its exposure to the battery metals sector after it successfully completed due diligence on and settled the acquisition of two lithium-rich projects in Western Australia’s Mt Magnet region adjacent to its Narndee-Windimurra project. Aldoro will now pick up Meridian 120 Mining’s 100 per cent interest in tenements located in the Mt Magnet area of Western Australia.
Kingwest picks up more solid gold strikes at Goongarrie project
Kingwest Resources has chalked up a cluster of encouraging gold intersections from a recent round of follow-up reverse circulation drilling at its promising Goongarrie gold project about 90km north of Kalgoorlie in WA. The stand-out composite assays were 20m grading a respectable 2.55 grams per tonne gold from 72m including 8m at 4.94 g/t from 72m, 4m going at 2.18 g/t from 64m and 8m at 1.43 g/t from 44m.
Deep Yellow adds quality and grade at Namibian uranium project
Deep Yellow has exceeded expectations at its Tumas 3 uranium project in Namibia converting an impressive 117 per cent of the existing inferred mineral resource to the more reliable indicated mineral resource status on the back of recent drilling that also identified an additional 5.7 million pounds of indicated resources from peripheral zones. Overall grade also jumped from 299ppm to 320 ppm eU3O8.
Ora Banda adds 10,000 ounces at Davyhurst gold project
Ora Banda Mining has boosted its gold reserves by 10,000 ounces across the six key deposits at its flagship Davyhurst Gold Project in the Goldfields despite the fact that it mined 28,000 ounces of it during FY21. The company is ironing out teething problems at the reinvented mine as it looks to ramp the project up to its nameplate capacity of around 80,000 ounces of production a year.
Mandilla delivers stellar gold hits for Anglo Australian
Anglo Australian Resources continues to intersect gold with extensional drilling at its Mandilla gold project in WA.  Eye-catching widths and impressive grades include a staggering 64.57 metres grading 3.49 grams per tonne gold from 190m at Mandilla East. An update to the mineral resource estimate has commenced. The company believes recent results are likely to add significantly to the resource.
Mineral Commodities hits its straps at African Mineral Sands play
Mineral Commodities has completed a productive quarter across its operations in both South Africa and Norway. The dynamic mineral producer hit a milestone in recent months after mining a record 1.4 million tonnes of mineral sands during the quarter at its Tormin operation. Decline development to access its new Traelen graphite deposit are also continuing at pace in Norway.
Glencore to pump $14m into Hot Chili
Nine years ago, Hot Chili won the prestigious Emerging Company Award at Diggers & Dealers in Kalgoorlie and this week the company is presenting there again as one of only two companies worldwide to make a major copper discovery since 2016 which has now attracted the interest of mega resource house Glencore. Hot Chili’s rival in the major copper discovery space is Rio Tinto’s Winu discovery in WA.
Todd River extends WA Berkshire East nickel-PGE target
Todd River Resources is growing its suite of nickel-copper-PGE targets in Western Australia’s South West mineral field, with the explorer extending its Eastern trend in the Berkshire Valley to over seven kilometres of strike. Shallow auger drilling shows two distinct target areas along the mineralised trend, with platinum and palladium levels kicking at more than 10 times background levels associated with coincident copper and nickel anomalies.
Estrella delivers more broad WA nickel sulphide intercepts
Estrella Resources has continued to return broad intercepts of nickel sulphide mineralisation from its T5 discovery in Western Australia. The company’s latest results from the prospect include 14.14 metres at 1.05 per cent nickel and 0.58 per copper which includes an impressive 5.41m at 1.45 per cent nickel and 0.88 per cent copper from 408.34m down-hole.
Strike clears final approvals hurdle for WA iron ore project
Strike Resources has secured the final key approval for its Paulsens East iron ore mine in the Pilbara and can now begin pre-mining site works. The company is eager to make a final investment decision as soon as possible as it eyes first shipments by early in 2022 and it is now moving to settle port access and offtake arrangements with customers.
Mount Ridley delivers bumper 25km long rare earths strike
Mount Ridley Mines has unveiled extensive rare earth element mineralisation stretching for an impressive 25kms of strike after it re-assayed historical drill data at its 100 per cent owned Mount Ridley project near Esperance in Western Australia. Intercepts from five mineralised areas include 16m at 2,020 parts per million total rare earth oxides at The Lake prospect, with some grades peaking at 10,461 ppm TREO.
Gold Fields pumps $15m into JV with Lefroy as Burns discovery grows
Things are heating up for Kambalda gold explorer Lefroy Exploration after the company grew the footprint of its exciting Burns intrusive gold discovery at its Eastern Lefroy Project and joint venture partner Gold Fields Ltd elected to pump another $15m into its joint venture over Lefroy’s Western Lefroy tenure. Lefroy also gets its Coogee South exploration licence back from the JV and it is already planning to drill it.
Arrow takes another slice of Burkina Faso gold belt ground
ASX-listed junior explorer Arrow Minerals has nailed down a joint venture agreement with its neighbour in Burkina Faso that significantly expands its gold exploration tenure across the West African gold-rich Boromo greenstone belt from 214 square kilometres to more than 1,200 square kilometres. The Perth-based company says it is now set to kick off the first modern gold exploration program on the consolidated landholdings.
Bardoc Gold eyes big expansion of drilling campaign at namesake project
Bardoc Gold is striking promising returns on two fronts. The ASX-listed company is embarking on a major drilling program at its flagship Zoroastrian deposit north of Kalgoorlie-Boulder in a bid for a substantial expansion of its resource and it has been unearthing significant gold mineralisation in drilling at its North Kanowna Star project. The results are seen as important for the potential size of the reserve and mine life across Bardoc’s operation.
Si6 ups WA gold resource by 200 per cent
Si6 Metals has delivered a 154,000-ounce gold resource for its Korong and Waihi deposits that make up its 100 per cent owned Monument gold project near Laverton in the north-eastern Goldfields of Western Australia. The update has added more than 100,000 ounces of gold to the previous estimate as the company eyes further resource and exploration drilling at the project.
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