360 Mining, Inc.’s Post

The #oilandgas industry has a new market for natural gas. #naturalgas companies need to consider how #bitcoin mining can help them maximize their bottom line and diversify their operations. 360 Mining, Inc. is helping oil and gas companies do just that!

Anson Resources Ltd (ASX:ASN, OTCQB:ANSNF) has completed drilling the Bosydaba#1 Well to a vertical depth of 3,416.81 metres (11,210 feet) at the Green River #Lithium Project in the Paradox Basin of south-eastern Utah, USA. Drilling the Leadville Formation to a depth of 11,210 feet at Bosydaba#1, which is on recently purchased private property, completed the company’s Green River exploration program and is the first phase of the Green River JORC mineral resource definition plan. The drilling intersected the limestone units at a depth of 3,191.26 metres (10,470 feet) and was stopped before penetrating through the Leadville Formation. This indicates that the Leadville Formation, Mississippian Unit is likely to continue deeper than the recorded depth of 3,416.81 metres. More at #Proactive #ProactiveInvestors #ASX #OTCQB #ASN #ANSNF #LithiumBrine #LithiumExtraction #BatteryMetals #CriticalMinerals http://ow.ly/20rJ105qev5

Unlocking remaining inventory is the perpetual challenge for every operator. In the Midland Basin, “Wolfcamp D” has become one of the new buzzwords echoed on Wall Street in an attempt to alleviate that concern for investors. But how does the Wolfcamp D truly measure up to these operators’ main drilling targets? Here’s the headline: WCD performance is trailing by around 10%. In this #VSOViewpoint, Rob Quigley benchmarks recent Wolfcamp D ("WCD") performance with recent “primary” bench (Wolfcamp A, Wolfcamp B, Lower Spraberry) performance in the Midland Basin.   ---   As operators deplete their inventory in primary benches in the Midland Basin they are testing “upside” benches (such as Wolfcamp D, Middle Spraberry, and Jo Mill) with hopes to prove up additional drilling inventory.   Our analysis shows that 2022-23 WCD performance is 15% below 2022-23 primary benches in the North AOI and 7% below in the Central AOI (based on 18-month cumulative oil production).   What sets the WCD apart from the primary benches and other upside benches? While most other benches are often co-developed with 2-3 benches drilled together (i.e. cube development), the WCD typically stands alone, essentially as one-bench drilling. Additionally, because it's in the early stages of development, operators will encounter less depletion from Parent/Child effects compared to the primary targets. This distinction is crucial as it underscores the importance of contextualizing the performance metrics. Right now, we’re essentially comparing down-spaced, fully developed primary benches against largely parent WCD results. Not the same animal from a development perspective!   So, what does this performance bench marking mean for operators navigating the complex landscape of the Permian Basin? It's clear that there's some potential lurking beneath the surface in the WCD bench. But at what point will it compete for capital? What do operators perceive as the comparative break-even oil price? By venturing beyond the confines of the familiar primary benches and exploring the possibilities presented by benches like the WCD, operators are working to answer these questions and prove up additional inventory to maximize the potential of their assets.   The story of the Permian Basin continues to unfold, and with new targets like the Wolfcamp D, the horizon is brimming with possibility. #energy #OilandGas #PermianBasin #MidlandBasin #Wolfcamp #WolfcampD #VSO

Stellar Resources Limited \(ASX: SRZ\) has made significant strides with its recent announcement regarding the Heemskirk Tin Project, reflecting strategic and operational advancements from a Chief Executive Officer's lens. \*\*Strategic Drilling Program\*\*: The newly initiated 9,500m drilling program targets the Severn and Queen Hill deposits with dual objectives. It aims to upgrade additional resources to the Indicated category and extend mineralization along the trend. This approach underscores a thorough resource validation and potential expansion. \*\*Comprehensive Data Collection\*\*: The drilling will provide crucial metallurgical data, aiding in optimizing ore sorting, plant sizing, and tailings management. Additionally, collecting geotechnical and hydrological data is essential for precise mine planning and design, which is critical for the Pre-Feasibility Study \(PFS\). \*\*Exploration Potential\*\*: The program will facilitate down-hole electromagnetic surveys \(DHEM\) to identify further exploratory targets, enhancing both current resource definitions and the potential discovery of new mineralized zones. \*\*Updated Scoping Study\*\*: Stellar Resources is updating its 2019 Scoping Study to incorporate the 2023 Mineral Resource Estimate of 7.48Mt @ 1.04% Sn. The updated study, slated for release this quarter, is a strategic step towards an aggressive PFS workplan. \*\*Sustainable Mining Practices\*\*: The detailed preparation of additional technical data for tailings storage and ore body variability reflects a proactive approach to sustainable and efficient mining practices. This preparation aligns with industry standards emphasizing environmental, social, and governance \(ESG\) considerations. In summary, Stellar Resources' announcement highlights strategic and operational initiatives aimed at progressing the Heemskirk Tin Project towards development readiness. The combination of resource upgrading, exploration expansion, and meticulous preparatory work for the PFS showcases a robust growth strategy focused on enhancing resource confidence and operational efficiency.

Arizona Gold & Silver Inc. Releases Technical Report On The Philadelphia Gold-Silver Project, Mohave County, Arizona Vancouver, British Columbia, November 21, 2023 – Arizona Gold & Silver Inc. (TSXV: AZS) (OTCQB:AZASF) is pleased to announce it has released a non-resource Technical Report on the Philadelphia Gold-Silver Property, located in Mohave County, Arizona. The Technical Report has an effective date of October 31, 2023, and provides a detailed summary of the property status and all of the historical exploration activity on the property prior to Arizona Gold & Silver’s tenure on the property, as well as a up-to-date summary of the exploration activities undertaken by Arizona Gold & Silver, including a summary of the 141 drill holes completed on the property to date. Mr. Greg Hahn, VP Exploration commented, “This Technical Report provides the investment community and potential strategic partners with a complete summary of the history of the Philadelphia Project and the significant work completed by Arizona Gold & Silver to date, and includes a recommendation on a work plan to complete sufficient drilling to advance the project to the level where a maiden NI43-101 report can be commissioned.” Report can be viewed here: https://lnkd.in/gSMngtDS The recommended work plan includes 25,000 feet (+7,600 metres) of both RC and core drilling along the strike and dip of the mineralized target identified by drilling to date, mostly confined to “gaps” within the existing drilling database to provide sufficient drilling density to commission a NI43-101 maiden resource report at the end of the proposed drilling campaign. The Technical Report also recommends additional metallurgical test work to quantify the heap leach characteristics of the mineralized material, and the ideal crush size to optimize extraction of gold and silver under both heap leach and agitation leach conditions. Qualified Person Gregory Hahn, VP-Exploration and a Certified Professional Geologist (#7122) is a Qualified Person under National Instrument 43-101 ("NI 43-101") and has reviewed and approved the technical information contained in this news release. About Arizona Gold & Silver Inc. Arizona Gold & Silver is a young exploration company focused on exploring gold-silver properties in western Arizona and Nevada. The flagship asset is the Philadelphia gold-silver property where the Company is drilling off an epithermal gold-silver system.   On behalf of the Board of Directors: ARIZONA GOLD & SILVER INC. Mike Stark, President and CEO, Director Phone: (604) 833-4278   https://lnkd.in/gSMngtDS

Europe's Lithium Hub Great to see the excellent early results reported from Savannah’s drilling programme at the Barroso Lithium Project in north east Portugal with long, well graded, spodumene #lithium intersections. These will ·      help add the current exploration target (11-19Mt)  to the current mineral resource (28Mt); ·      will upgrade the mineral resource to a reserve; and ·      and will provide important geo-technical and metallurgical data. Apart from this the results underscore the potential for the Project to have a long-life that will bring enduring social and economic benefits to the local municipality which is being hollowed out by a persistent de-population spiral and the resulting lack of opportunity. The long-life nature of the Project will also be an important feature for potential refinery off takers and partners. Looking forward to seeing the next set of results for this strategic European lithium project. https://lnkd.in/e3cKYFJH

On January 10, 1901, a drilling derrick at Spindletop Hill near Beaumont, Texas, produces an enormous gusher of crude oil, coating the landscape for hundreds of feet and signaling the advent of the American oil industry. The geyser was discovered at a depth of over 1,000 feet, flowed at an initial rate of approximately 100,000 barrels a day and took nine days to cap. Following the discovery, petroleum, which until that time had been used in the U.S. primarily as a lubricant and in kerosene for lamps, would become the main fuel source for new inventions such as cars and airplanes; coal-powered forms of transportation including ships and trains would also convert to the liquid fuel. Crude oil, which became the world’s first trillion-dollar industry, is a natural mix of hundreds of different hydrocarbon compounds trapped in underground rock. The hydrocarbons were formed millions of years ago when tiny aquatic plants and animals died and settled on the bottoms of ancient waterways, creating a thick layer of organic material. Sediment later covered this material, putting heat and pressure on it and transforming it into the petroleum that comes out of the ground today. In the early 1890s, Texas businessman and amateur geologist Patillo Higgins became convinced there was a large pool of oil under a salt-dome formation south of Beaumont. He and several partners established the Gladys City Oil, Gas and Manufacturing Company and made several unsuccessful drilling attempts before Higgins left the company. In 1899, Higgins leased a tract of land at Spindletop to mining engineer Anthony Lucas. The Lucas gusher blew on January 10, 1901, and ushered in the liquid fuel age. Unfortunately for Higgins, he’d lost his ownership stake by that point. Beaumont became a “black gold” boomtown, its population tripling in three months. The town filled up with oil workers, investors, merchants and con men (leading some people to dub it “Swindletop”). Within a year, there were more than 285 active wells at Spindletop and an estimated 500 oil and land companies operating in the area, including some that are major players today: Humble (now Exxon), the Texas Company (Texaco) and Magnolia Petroleum Company (Mobil). Spindletop experienced a second boom starting in the mid-1920s when more oil was discovered at deeper depths. In the 1950s, Spindletop was mined for sulphur. Today, only a few oil wells still operate in the area.

#ASXNews $180k Circle Valley Gold Drilling EIS Grant Meeka Metals Limited is pleased to announce it has been successful in securing a $180,000 grant for drilling at Circle Valley through the EIS co-funded #exploration #drilling program. It is a competitive program, open for applications twice a year, which offers grants for innovative exploration drilling projects. Circle Valley has been identified as such a project and funds will be available for use from 1 June 2024. The Company plans to mobilise to Circle Valley in the second half of 2024 and recommence drilling. • $180,000 grant awarded to drill kilometre scale #gold targets at Circle Valley (MEK 100%) in the Albany‐Fraser Mobile Belt in southern WA. • Drilling will target basement rocks and the potential source of previously reported high-grade gold results at Anomaly A, including 16m @ 1.50g/t Au from 36m including 4m @ 3.89g/t Au (23CVRC002) and at the highly prospective Fenceline target, ~10km to the northeast of Anomaly A: 4m @ 2.97g/t Au from 92m (23CVRC020). • The co-funded exploration drilling program is a flagship program of the Geological Survey of Western Australia’s Exploration Incentive Scheme. It is a competitive program, which offers grants for innovative exploration drilling projects. Commenting on the EIS funding, #MEK’s Managing Director Tim Davidson said: “Getting support for the early-stage gold exploration we are completing at Circle Valley is an excellent outcome. The EIS application process is competitive and the award confirms the strong technical merits of the project, the work the team have completed to date and the future work that will be supported by this EIS grant.” See the full announcement: https://loom.ly/6_Rq250 #MeekaMetals #MiningNews #ASX

Maiden 10,000m RC drilling program has commenced at our Higginsville Lithium District. The drilling will initially target the Spargoville Project, where exploration results to-date have generated multiple exciting targets. Additional targets within the Spargoville and Widgiemooltha Project areas have been identified for drilling and are awaiting final approvals. Results from the drilling program will be analysed and further infill drilling will be conducted at any corresponding prospects that show favourable results. Results from the drilling program will be regularly announced as the program progresses and assay results are received. Managing Director, Graeme Sloan, commented, “What a truly exciting time for Kali Metals. In just over three months we have successfully listed on the ASX and now commence our first ever drill program at Higginsville, a credit to the entire Kali team. The initial 2-3 month 10,000m RC program is, for the most part, relatively widely-spaced to allow our geology team to better understand the regional geology and focus on priority target areas.  The Spargoville Project, one of eight Project areas within the Company’s Higginsville District, has a number of prospective areas queued for drilling, including Green Flame and Flynn-Giles. The current 10,000m program is very much an early part of the Higginsville journey, and we are looking at providing many more updates over the next 12 months”.  Read the full ASX announcement: https://lnkd.in/gyVRF_Kc #KM1 #lithium #exploration