AuMEGA Metals (formerly Matador Mining Limited)’s Post

Forrestania Resources Ltd (ASX:FRS) has enhanced the #goldpotential of its #EasternGoldfields’ Bonnie Vale project area (E15/1632) with rock chip samples grading up to 2.7 g/t and historic drilling results up to 14 g/t. The company has also reported significant historic geochem soil results of up to 354 parts per billion #gold at the prospect, which features strong zones of highly anomalous gold mineralisation.  These results from Bonnie Vale follow the recent strong results from Ada Ann, which is around 5 kilometres away, including grab samples of up to 49 g/t gold.  Bonnie Vale is close to the historic high-grade mining centre at Christmas Gift, which is within but not part of the company’s licence area, and is coincident with the same geophysical magnetic low.   More at #Proactive #ProactiveInvestors http://ow.ly/pgYi105skJE

Yandal Resources Ltd (ASX:YRL) has identified new #gold exploration targets in an initial review of regional soil sampling from the northwest portion of the Ironstone Well-Barwidgee Gold Project in WA. The review shows strong evidence of gold extending beyond the limit of current drilling at the Oblique and Flushing Meadows prospects, while also providing new early-stage targets based on gold and pathfinder element results. Offering a new #CriticalMinerals opportunity, the review also highlighted several lithium-caesium-tantalum (LCT) anomalies with potential for #BatteryMetal mineralisation. The company also completed diamond drilling at the New England Granite Prospect, with both holes hitting their target at the granite contact, which displayed encouraging deformation and alteration. More at #Proactive #ProactiveInvestors #GoldMining #GoldSrocks #MiningAustralia https://ow.ly/FOgz50SVuau

𝗡𝗘𝗪𝗦 𝗥𝗘𝗟𝗘𝗔𝗦𝗘 “We are pleased to report that 𝘄𝗲 𝗵𝗮𝘃𝗲 𝗲𝗮𝗿𝗻𝗲𝗱 𝟭𝟬𝟬% 𝗶𝗻𝘁𝗲𝗿𝗲𝘀𝘁 𝗼𝗳 𝘁𝗵𝗲 𝗖𝗮𝗿𝗶𝗻𝗮 𝗠𝗼𝗱𝘂𝗹𝗲 𝗺𝗶𝗻𝗶𝗻𝗴 𝗿𝗶𝗴𝗵𝘁𝘀. This significant milestone is a result of how quickly we have been able to drill the property and obtain favorable results. After only five months of announcing the discovery of the Carina Module, we have reported a material mineral resource estimate, a robust Preliminary Economic Assessment, and are in the middle of a piloting program using Brazilian clays at our pilot plant in Concepción, Chile.    In addition, we continue to advance the project in several fronts, including an ongoing reverse-circulation drilling campaign to increase mineral resources at depth, the initiation of the environmental and social baseline studies and the evaluation of several proposals from world-class engineering companies to prepare a pre-feasibility study. We remain fully committed to deliver a robust project in a fast-track schedule, aiming to produce sustainable rare earths at a time when the demand is expected to significantly outpace the supply."- Aclara CEO Ramon Barua Costa Read the news: https://bit.ly/3uJLC7z #RareEarthElements #criticalmetals #miningnews #Aclara #rareearths

Ballymore Resources Limited Confirms Extension of High-Grade Gold Mineralization at Dittmer Project (ASX: BMR) Managing Director, David A-Izzeddin, commented, “These latest results further reinforce our belief that we are just scratching the surface at the Dittmer Project. Dittmer has the potential to be a significant standalone gold and copper system, and we’ve just drilled two of the broadest intersections reported to date. We are enormously encouraged by the continuity and the apparent increase in size of the ore zone. Further drilling will be planned to target this newly discovered extension to the historic Duffer Lode.” “Following on from the completion of the highly successful Stage 4 underground drilling program, Ballymore has now commenced its initial surface drilling program to test for extensions of the known mineralisation. Field work has highlighted a major geochemical anomaly that coincides with an area of extensive gold-bearing lodes and historic workings. We have already demonstrated significant gold mineralisation associated with the Duffer Lode and this drilling program is looking to confirm that this forms part of a major gold and copper deposit”. Read our article below: https://lnkd.in/gpXcSiQ6 #gold #mining #exploration #resources #geology #bmr #asx

⛏️ Orogen Royalties Inc. | TSX.V:OGN and a subsidiary of Altius Minerals Corporation are operating two alliances in Nevada focused on generating gold-silver and porphyry copper targets. The Gold Alliance is focused on identifying projects considered geologically similar to the recent major discovery at the AngloGold Ashanti NA’s Expanded Silicon Project (where Orogen holds a 1% NSR royalty) in the Walker Lane trend. 🗓️ Learn more from the team at AME - Association for Mineral Exploration Roundup including CEO, Paddy Nicol, and VP Exploration, Laurence Pryer, PhD, PGeo in the Prospector Generators' Hub, Table 2. Dates: Monday, January 22 – Tuesday, January 23 Venue: Vancouver Convention Centre East #amebc #roundup #mining #exploration #nevada #investing #miningindustry #geology #smallcaps #juniormining #miningnews #gold #goldmining #investors #shareholders #prospecting #mineralexploration #minerals #metals #criticalmetals #greenenergy #miningsector  #corporatedevelopment #businessdevelopment #captialmarkets #tsx #otcqx #capitalmarkets #drilling #goldmining #vancouver #goldexploration #goldfever #etfs #money #miningstocks #goldstocks #geochemistry https://lnkd.in/gjmgHV6f

We are extremely encouraged that ongoing exploration activities at our #KossouGoldProject continue to reveal additional mineralized shear zones, further demonstrating the significant exploration potential of this #gold project. Recent drill road access work has uncovered another mineralised shear zone just west of the known #RoadCutZone geochemical anomaly. RCZ Trench Result Highlights: ✔️ KTR082: 2.76 g/t Au over 22.0 m, incl. 22.36 g/t Au over 2.0 m ✔️ KTR084: 1.49 g/t Au over 10.0 m, and 15.80 g/t Au over 1.0 m  ✔️ KTR086: 8.56 g/t Au over 5.0 m, incl. 12.61 g/t Au over 3.0 m TSXV:KRI #Gold #Exploration #Mining #WestAfrica 

Premier1 Lithium Ltd (ASX:PLC) has launched its field campaign at the Montague #Lithium Project, some 70 kilometres north of Sandstone, within Western Australia's Gum Creek Greenstone Belt. Fieldwork has been initiated in a bid to earn up to 80% of the lithium rights at Montague, as part of a farm-in agreement with Gateway Mining in May 2023. The plan is to delineate areas of interest through fractionation vectoring of previously mapped pegmatites and mapping extensive new pegmatites in the first phase. This project area, previously picked out as a significant target by SensOre Ltd’s machine learning system, features a terrain dominated by metamorphosed basalts and volcano-sedimentary rocks, interspersed with monzogranitic to granodioritic intrusions. More at #Proactive #ProactiveInvestors #ASX #PLC #Mining #CriticalMinerals http://ow.ly/NeWO105ng0E

Aruma Resources Ltd (ASX:AAJ) has found multiple zones of high-grade ionic clay #RareEarthElements (REEs) at its Salmon Gums Project in the Eastern Goldfields of Western Australia, including the highest grade REE result in the area to date. The Salmon Gums Project consists of three exploration licences covering a total area of 360 square kilometres, some 200 kilometres south of Kalgoorlie. This area is fertile terrain not only for REE prospectivity but also offers potential for gold and lithium. The company’s surface sampling activities delivered the record REE result of 8,700 parts per million (ppm) total rare earth oxides (TREO) with high-value #neodymium and #praseodymium (NdPr) oxides constituting 22.5% of the TREO grade. More at #Proactive #ProactiveInvestors #ASX #AAJ #REE #Mining #CriticalMinerals #MagnetRareEarths http://ow.ly/qEYi105kKj7

🚀 Exciting Progress for Macro Metals!  We’re pleased to share the latest update on our Pilbara exploration strategy.  After an extensive review and re-prioritisation of our exploration portfolio, we’re focusing our efforts on projects with the highest potential for early revenue and increased market capitalisation.  Here are some key highlights: Goldsworthy East Project: Exploration License expected to grant by 6 September 2024, with a RC drilling programme of up to 10,000 metres ready to kick off.  An expanded mapping and sampling programme is also planned to define additional hematite mineralisation at the surface on other areas of the tenement. Wandanya Project: Heritage Protection Agreement entered into with Nyamal People, and aerial surveys conducted to refine exploration and development planning.  Planning underway for a bulk sample as soon as possible to understand market interest for the product and generate early revenue. Turner Project: Developing relationship with Traditional Owners and continuing exploration with a second phase of mapping and sampling scheduled. Our commitment to environmentally and culturally sensitive practices continues to drive us forward.  We look forward to sharing more updates as we commence our drilling programmes and progress resource evaluation and development. Stay tuned for more updates as we continue to push the boundaries of expedited exploration in the mining industry! #MiningInnovation #ExplorationStrategy #MacroMetals #ASX #PilbaraExploration #SustainableGrowth 

Regional Exploration Work Identifies New Targets for Copper and Nickel Mineralisation While the Oval Cu-Ni Prospect exploration program is continuing the Company has recently received results from geophysical exploration programs, ground mapping, and sampling. The exploration has identified four additional exploration targets in the Yambat (Cu-Ni) Project.   The Oval Prospect drilling program totals 2,500m with approximately 1320m of this program now completed. Results for this program will be announced when assays come to hand.   The Geophysical Studies and subsequent groundproofing have confirmed:   Indication of broader magmatic copper-nickel system beyond Oval Cu-Ni prospect with:  a new outcrop of mineralized gabbro containing sulfide blebs being identified at the South Zone, 1.7km to Southeast from Oval mineralized gabbro. - An expansion of the previously reported Ni-Cu mineralized gabbro outcrop at the North Oval area. This expansion indicates a significant NW extension of the main Oval Ni-Cu mineralization.   A discovery of copper-gold mineralization in the northern part of the tenement was made following detailed mapping of an area 7 kms to the north of the Oval Prospect. The newly named Copper Ridge is a different style of mineralization characterized by:    -  A 30m wide by 400m long zone of silicified, magnetite-altered andesite with significant disseminated chalcopyrite mineralization has been delineated before dipping under alluvial cover to the east.   Assay results from rock chip sampling yielded maximum values of 0.29 ppm Au, 0.4% Cu, and greater than 15% Fe. #ABM #Copper #CopperMining #NickelMining #Nickel #BatteryMetals #CriticalMinerals Read the announcement here: https://bit.ly/3WPZ7hb