American Rare Earths Limited’s Post

At Dateline Resources Limited's Colosseum mine in California, US, 603,000 oz out of the total 1.1 million ounces MRE is contained at the North Pipe. The Colosseum mine is hosted by brecciated felsite pipe where #Gold mineralisation occurs. In recent drilling, Drill hole CM24-18, collared in the felsite breccia host rock returned 192.0m @ 1.00 g/t Au and 30m to the south, CM24-19a, returned 203.6m @ 1.03 g/t Au, with a high-grade section of 10.7m @ 8.17 g/t Au. The broad, pipe-like mineralisation style may be potentially mined by either open pit or bulk underground methods, which #DTR is currently investigating. Discover more: https://loom.ly/A6igrX4 #ASX

Carolina Rush. (TSXV: RUSH) (OTCQB: PUCCF) Exploring Promising Gold-Copper Project with Recent Drill Success Swiss Resource Capital AG. - Interview with President & CEO Layton Croft at Prospectors & Developers Association of Canada (PDAC) 2024 in Toronto. Carolina Rush is an exploration company with two projects in Carolina, USA. On the Brewer Gold-Copper project, the company was able to achieve very good drilling results in 2023 and will now carry out a further geophysical survey and further drilling in 2024. In the neighborhood is the Haile gold mine of OceanaGold Corporation with several million ounces of gold. Whether Brewer has the same potential remains to be seen - but the signs are there. At a Glance Shares Issued 59,000,122 | Market Cap 11,210,023 Year High 0.27 | Year Low 0.07 | Today 0.19 Recent News: Carolina Rush Announces Closing of Brokered Private Placement for Gross Proceeds of $3,227,000 Eric Sprott, through 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired 5,000,000 Units pursuant to the Offering for total consideration of $1,000,000. Prior to the Offering, Mr. Sprott did not beneficially own or control any securities of the Company. As a result of the Offering, Mr. Sprott now beneficially owns or controls 5,000,000 Common Shares and 2,500,000 Warrants representing approximately 8.5% on a non-diluted basis and 12.2% on a fully diluted basis assuming the exercise of such Warrants. https://lnkd.in/grtF4Qwb Corporate Presentation: https://lnkd.in/gctBAuBc Recent Outstanding Drill Result: Hole 21 - INTERSECTS 2.5 M @ 169 G/T AU WITHIN 62.5 M @ 8.5 G/T AU AND 0.3% CU AT TANYARD DISCOVERY ZONE, BREWER PROJECT. See: https://lnkd.in/gXrpX-WT Analyst Coverage: Don Blyth, Partner, Mining Analyst - Paradigm Capital. Proven History in the Region - Don was the first analyst to cover Romarco which was acquired by OceanaGold Corporation for C$856 Million. See Acquisition: https://lnkd.in/erTwjuw5 OceanaGold's Haile Gold Mine - https://lnkd.in/etmdg3_U Is easily visible in drone footage taken at Carolina Rush's Brewer Gold Project. (approx. at the 2 minute mark) See Aerial Tour: (see the outline of the old Brewer Pit) https://lnkd.in/gnkGvYCa For more information: Layton Croft, President & CEO Keith Laskowski, Senior Technical Advisor Patrick Quigley, Exploration Geologist Jeanny So, Investor Relations - Info@jeannyso.com

Brunswick Exploration Inc. (BRW-V) Brunswick drills 1.80% Li2O over 37.2 meters in new mineralized dyke at Mirage, Eeyou Istchee-James Bay, Québec.     On January 18, 2024, Brunswick announced final drill results from the Fall 2023 exploration program at the Mirage Project, located in the Eeyou Istchee-James Bay region of Québec. Recall on December 19, 2023 and December 4, 2023, Brunswick had disclosed initial drilling results from Mirage. The Mirage Project is composed of 198 claims with a total surface area of 8,884 ha, located roughly ~40 km south of the Trans-Taiga Highway. The maiden 5,090 m drilling campaign has outlined presently 6 major spodumene-bearing pegmatite dykes where significant intervals of lithium mineralization remain open. Notably, 5 of the 6 dykes reported exhibit continuous high-grade mineralization (>1.5% Li2O) over significant width (>10 metres) all within a roughly 2 x 2 km dyke swarm area.   Intersections reported confirm the discovery of multiple, new lithium mineralization in spodumene-bearing pegmatites in the Central Zone with up to 37.2m @ 1.80% Li2O (starting from surface) in DDH MR-23-28. Drilling has outlined 2 new spodumene mineralized dykes (MR-5 and MR-6) with significant thickness and grade, all within the Central Zone. Much of the dykes remain open along strike and at depth. We estimate a total grade x thickness metric of 20.42 % x m. To the south of MR-6 and MR-3, a major NE-SW deformation corridor is interpreted to transects the Mirage Project and spodumene dykes appear narrower but show multiple stacking. See end of: https://lnkd.in/d7arF74q   https://lnkd.in/ebgXhWmB #quebec #jamesbay #mirage #lithium #exploration

Reverse Circulation drill results from the KR1 and KR2 prospects by Black Canyon Limited have been reviewed and validated for the Mineral Resource Estimates (MRE). At KR1, the MRE is based on drillhole traverses on 200m spaced lines and 100m spaced drillhole centres. The drill data shows the #manganese enriched shale geology and grades are continuous downhole and across strike, which supports the Indicated Mineral Resource classification at this drill spacing. One drill program has been completed across both the deposits and further infill and extension drilling is planned. Read the Scoping Study for more: https://loom.ly/Yfo6UGk #BCA #BlackCanyon #ASX

We've received further high-grade results up to 7.9% TREO from 10 drill holes completed as part of our 2023 resource definition drilling program on the Tardiff deposit at our Nechalacho Rare Earth Project in NWT, Canada.   The results reinforce the expansion potential of shallow higher-grade areas of rare earth mineralised altered syenite at Tardiff, providing a focus for future drill targeting to improve the grade potential and de-risk the mineral resource.   Assay results from the remaining 24 holes are expected within ~3 months, and the Mineral Resource Estimate update is due Q1 CY24. Tardiff Scoping Study works continues.   Managing Director Geordie Mark said: “These results continue to support an evolving narrative around grade and continuity of shallow higher-grade zones across the 2023 drill pattern that remain open for future drill-testing. Shallow higher grade drill results across several areas of the 2023 drill pattern foster our aim to add in-ground value potential that could facilitate project de-risking by expanding areas of higher grade and conversion to higher confidence resource categories. Several areas of higher grade remain open for expansion – particularly along the northwest where drilling has identified a target zone with a 300-metre-plus strike length – more drilling is warranted to examine the extent of mineralisation, with results incorporated into a resource update for use in our ongoing scoping study, due for release later this year.”   Read the full ASX Announcement here: bit.ly/3UqyD5b #VML #VitalMetals #REE #rareearths #ASX #ASXNews

Brunswick Exploration Inc. (BRW-V) Brunswick drills up to 58.1 meters at 1.59% Li2O starting from surface at Mirage     On April 25, 2024, Brunswick announced first assays from the Mirage winter drilling program where it drilled an additional 35 holes at the Mirage Project located in the Eeyou Istchee James Bay region of Québec. The Mirage Project is situated ~40km south from the Trans-Taiga Road and ~37 km NE of Winsome Resources’ Adina Project. The 2024 winter drill campaign focused on the Central Zone and continued to intersect multiple wide, well mineralized intervals on the MR-6 dyke and its vicinity where it remains open in all directions. A total of 35 drill holes prioritizing near surface mineralization were completed during the winter and assays are pending for a further 32 drill holes.   Best interval to date at Mirage was intersected in drill hole MR-23-49 with 58.1m @ 1.59% Li2O starting at surface. This intercept extends the flat dipping MR-6 dyke a further 80m to the south and, saliently, MR-6 remains open to all directions. Drill hole MR-23-60, located ~300m east from MR-6, shows evidence of significant spodumene dyke stacking with an intercept of 1.71% Li2O over 31.6m, including 14m @ 2.32% Li2O in at a vertical depth of 60m. Several other significant near surface intercepts in drill MR-24-60 include up to 1.03% Li2O over 18.4m at a vertical depth of 11m. To date, 4 major dykes have been intercepted in this hole and all remain open in every direction. The center of gravity on Mirage remains wide open and Brunswick is very much expanding the Mirage Discovery. See end: https://lnkd.in/ezri8H3K     https://lnkd.in/eTVB_aCE #quebec #jamesbay #lithium #mirage #drilling

We have outlined several exceptional copper and gold targets at Green Bay, highlighting strong potential for new discoveries to be made outside of the project’s Ming mine. We will now seek to refine these targets by conducting the first modern geophysical campaign at Green Bay. Downhole EM and regional gravity surveys already underway and VTEM will be flown imminently; surface drilling is set to start soon after. Our Managing Director Steve Parsons said: “The outstanding drilling results we have been generating show clearly that we are in the midst of an exceptional VMS mineralised system; and now we have identified a host of compelling targets, some of which we already know are strongly mineralised, nearby. These are high quality prospects, and any new discoveries would have potential to drive substantial increases in the Green Bay Resource at a similar high grade, creating further significant shareholder value in the process." A Resource update at Green Bay is planned for the September quarter, followed by another in the March quarter 2025. Read more: https://loom.ly/du2jHJk

News Release: Exploits Commences Optical Televiewer Downhole Survey at Bullseye Property 🎯 Jeff Swinoga, President and Chief Executive Officer, commented, "The results of DGI's optical televiewer downhole survey will assist orientation of our future drilling programs at Bullseye. Our team has prioritized numerous drilling targets, and this survey should provide more directional accuracy of the local gold zones such as our 2023 Horseshoe gold discovery." Chris Drielsma, President and Chief Executive Officer of DGI, commented, "DGI's experienced geoscientists will work closely with the Exploits team to provide critical orientation information on potential structural controls. Televiewers provide digital oriented core, allowing for geological features to be visualized in-situ and their true orientations determined. Results are available in near real time and are a cost effective and technically superior to traditional oriented core." https://lnkd.in/g3WBZPQn #exploitsgold #preciousmetals #gold #goldmining #goldexploration #MiningNL #BullsEye

Permian operators Diamondback and Endeavor are pursuing a marriage. Diamondback has a larger footprint elsewhere in the Permian Basin, but I will do a very basic comparison of completion strategy in the area where they both operate – the Midland Basin. I am simply comparing wells completed over the last 5 years. Their basin footprint is not that different, although Endeavor appears to operate slightly more on the fringes of the basin. If we use our very simplistic proxy for reservoir quality, 365-day water cut, differences in reservoir quality appear minimal with 61% for Diamondback and 63% for Endeavor. Endeavor has been slightly more focused on delivering frac intensity and surface area – higher stage count per well (66 vs 59); higher stage intensity (148 ft/stage vs 171 ft/stage); slightly more volume per foot (46 vs 44 bbl/ft). Diamondback places slightly more proppant: 1,800 vs 1,600 lbs/ft. As a result, the average proppant loading for all fluid / sand pumped is 0.83 PPG for Endeavor and 0.97 PPG for Diamondback. Unfortunately, both operators do not disclose rate or perforation strategy to the TX RRC website, two parameters that could have a major impact on production metrics. 365-day production for Endeavor is 223,000 BOE and 201,000 BOE for Diamondback, a difference of about 11%. That difference is also there for oil-only production. Would Diamondback adjust their completion strategy a little in favor of more watered-down frac design, a strategy that may yield slightly more surface area? #frac #shale #energy

Maximus Resources Limited (ASX:MXR, OTC:MXRRF) has set the drill bit to work at the 8500N Paleochannel licence in Western Australia, following up bonanza- and high-grade results up to 1 metre at 92.6 g/t #gold from 14 metres of depth with infill reverse circulation (RC) drilling. The company has previously unearthed several strong intersections on the 8500N tenure, including 2 metres at 46.7 g/t gold from 13 metres and 1 metre at 51.1 g/t from 16 metres. MXR intends to glean more geological data with this staged RC program as well as testing for mineralisation along strike from previous results and in the underlying saprolite (weathered rock) zones. Maximus is confident the 8500N Paleochannel asset will be a low-risk, low-cost opportunity to produce gold. More at #Proactive #ProactiveInvestors #GoldMining #GoldStocks #MiningAustralia #BonazaGold http://ow.ly/bLEE105LhaZ