Cabral Gold’s Post

Mexico’s Best Drilling Intercepts, Fourth Week of May 2024 Four companies released results from drilling programs in Mexico during the week. The four projects present epithermal low or intermediate sulfidation mineralization, mostly structurally controlled, with dissemination developed on the favorable El Tigre Formation at El Tigre. Silver Tiger’s results from El Tigre project in Sonora display the highest gold and silver results on the period. The company released assays from 95 holes from the drilling program for the ongoing pre-feasibility study (PFS) on the Stockwork deposit, highlighting the high-grade mineralization beneath the 2023 PEA open pit in the Keel Zone and expansion of the PEA starter pit to the north. Tocvan Ventures presented results from one more reverse circulation (RC) hole outside from the Main Zone at the Pilar project in Sonora. The hole tested near-surface mineralization on the North Hill Zone; drilling continues, with assays pending for six holes. Vizsla Silver’s results are from 16 holes targeting the central and southern extent of the Napoleon vein at its Panuco project in Sinaloa. “Infill and step-out (expansionary) drilling completed to date has led to an improved understanding of the mineralization controls along the Napoleon vein corridor. Observations based on metal zonation and alteration continue to support the interpretation that the corridor is tilted”. Kootenay Silver released results from six holes targeting the eastern extension of the D-Vein at Columba in Chihuahua. Four of the holes targeted shallow levels to establish dip orientation of the vein before further deeper drilling testing. The deeper drilling focused below the 1,750 m asl elevation, where the best grades begin, stepping 200 to 375 m along strike from previous drilling. #Mexico #Exploration #Mining #Drilling #Gold #Silver #Lead #Zinc

Andean Silver (ASX: ASL) maiden drilling programme at the Cerro-Bayo silver-gold project in Chile has outlined a large area of high-grade mineralisation which sits well outside the current Mineral Resource Estimate. https://hubs.li/Q02HB6qc0

Astral Resources NL (ASX:AAR) has set the stage to calculate maiden mineral resource estimates (MREs) for the Kamperman and Rogan Josh prospects of the Feysville Gold Project in Western Australia. The company has now completed infill drilling programs for both prospects, although results from Kamperman are still pending. Astral polished off 16 holes for 940 metres at Rogan Josh, generating up to 8 metres at 1.35 g/t #gold from 55 metres and 5 metres at 1.79 g/t gold from 43 metres in drilling results. With drilling intersections in hand, contractor Cube Consulting is finalising a maiden MRE for Rogan Josh and an updated MRE for the Think Big prospect with Kamperman’s MRE to follow when those results are available. More at #Proactive #ProactiveInvestors #GoldMining #GoldStocks #MiningAustralia http://ow.ly/Zoqm105C2BR

ASX ANNOUNCEMENT: DIAMOND DRILLING COMPLETED AT PARIS GOLD PROJECT Torque Metals is pleased to announce it has completed another phase of infill and extensional diamond drilling at its wholly owned flagship Paris Gold Project, located in the West Australia Goldfields region - one of the most favourable jurisdictions for minerals exploration globally. This ongoing program is slated to be the last before the Company delivers its maiden Mineral Resource Estimate (MRE) at the Project. • Diamond drill program successfully completed, comprising 1,106m across the Paris (4 holes, 1,006m) and HHH (1 hole, 100m) prospects. • Program objective was to infill and extend high-grade mineralisation while obtaining structural, geotechnical and density information to enhance and inform Torque’s maiden Mineral Resource Estimate. • Core samples are now at the laboratory; assay results expected late August. • Imminent ~7,000 m RC program is being fine-tuned with Program of Work (POW) approved. • Paris is a shallow, high-grade, high-recovery (>96%) gold project located proximate to processing infrastructure and surrounded by producers such as Goldfields, Westgold, Northern Star among others.  Torque’s Managing Director, Cristian Moreno commented: “Torque has successfully completed its next 1,106 metres of diamond drilling at its Paris Gold Project, targeting both infill and extension of high-grade mineralisation. Core samples are now at the laboratory, with assay results anticipated within the next few weeks. “Additionally, the company is poised to kick off a 7,000-metre RC drilling program currently being optimised with its Program of Works (POW) already approved. As we near the finalisation of our maiden MRE later this quarter, these results will build on an enhanced Paris Gold resource. “Concurrently, soil sampling is underway across previously unexplored targets, outside of the MRE zone, with results expected by mid-September." Read the full announcement below. #TorqueMetals #MiningNews #ASX #DiamondDrilling #RCDrilling #GoldExploration

“The assay results from RC421 at the Machichie NE target are amongst the top three drill holes ever drilled at Cuiú Cuiú and are the best results drilled to date outside of the known Central and MG gold deposits. The Machichie NE target is located immediately north of the Machichie Main zone discovery and the MG gold deposit all of which contain high-grade E-W trending mineralized structures. The extent of the mineralized structures at both Machichie NE and Machichie Main still need to be determined. These results not only have very positive implications for the presence of additional near surface gold-in-oxide resources at Cuiú Cuiú, but also suggest the presence of significant zones of high-grade mineralization in primary bedrock underlying the weathered material. Further drilling is in progress and is aimed at determining the size of both the Machichie Main zone and the more recent Machichie NE discovery.” -- Alan Carter, President & CEO "The Machichie area continues to return very encouraging results especially in the NE where we are encountering higher grades in major structural breaks. These are some of the highest grades encountered to date on the property and illustrate the significant exploration potential, not only laterally and at depth, but also within newly defined sub-parallel structural zones. Results thus far at Machichie demonstrate significant potential to add resources and higher-grade material to our oxide project, especially given the proximity of the Machichie NE and Machichie Main zones to the MG gold deposit. Further results are expected in the coming weeks as we continue to prioritize drilling for extensions where mineralization remains open to both the west and east.” -- Brian Arkell, VP Exploration and Technical Services https://lnkd.in/dkTEAc7i

The final three drill holes from a recent reverse circulation (RC) drill program by Astral Resources at the Kamperman Prospect within the #Feysville #Gold Project in WA, further support the company’s geological interpretation of a broad, 30-metre-wide zone of consistent high-grade gold mineralisation. These results come as Astral prepares a maiden mineral resource estimate (MRE) for Kamperman, which it expects to report in the current quarter as part of an updated MRE for the broader Feysville Project.   Best results from the final three drill holes from the 26-hole (2,808 metres) RC infill and extensional drilling program at #Kamperman include 10 metres at 5.04 g/t gold from 99 metres and 32 metres at 2.13 g/t from 125 metres.  More at #Proactive #ProactiveInvestors #AAR #ASXgold http://ow.ly/twZR105FPGU

C29 Metals Ltd (ASX:C29) is inching closer to the start of its maiden reverse circulation (RC) drill program at the 100%-owned Mayfield Copper-Gold Project in the world-class Mt Isa Inlier of northwest Queensland. Plans and preparations are nearing completion at the project, which is about 25 kilometres south of Carnaby Resources Ltd copper-gold properties, and experienced Townsville-based drilling contractor Associated Exploration Drilling is now awaiting the signal to mobilise from Cloncurry. Final preparations for drill site access are being conducted this week ahead of the two-to-three-week, eight-hole campaign targeting up to 3,000 metres of drilling. Drilling should kick off by the end of the month, testing the best targets from combined geophysical and geochemical responses. More at #Proactive #ProactiveInvestors #ASX #C29 #copper #gold #mining http://ow.ly/tRBu1052L9H

Emerald Resources is pleased to release the most recent results of the Company's exploration program for both Australia and Cambodia.   At Bullseye's North Laverton Gold Project (Emerald ~81%) drilling continues to demonstrate the continuity of mineralisation at depth and along strike at the Boundary, and Stirling and Neptune Prospects. The recently commenced regional RC drilling program, the first under Emerald management, has resulted in two new discoveries at the Freeman's Find and Banjawarn Prospects including 5m @ 20.61g/t Au from 33m including 1m @ 101g/t Au from 36m (RC24FMF001); 21m @ 3.98g/t Au from 26m including 1m @ 49.90g/t Au from 29m (RC24FMF009); and 14m @ 1.06g/t Au from 49m (RC24BNJ012). The Freeman’s Find program consisted of 30 collars for a total of 3,054m and the Banjawarn program of 13 collars for 1,382m. Assays for approximately 3,500m of drilling remain pending.    Emerald has also continued to progress an exploration drill program at the Company's flagship Okvau Gold Mine, focusing on infilling and extending the currently open pit and maiden underground resource mineralisation proximally within and beyond the reserve pit shell. The results indicate mineralisation outside the existing resource that are likely to extend the known mineralisation or upgrade the classification of inferred material, enhancing Emerald's confidence in the existing resource.   Following on from the previously announced Memot Gold Project maiden open pit inferred resource of 8Mt @ 1.84g/t Au for 470koz, Stage 2 drilling activities have commenced and are directed to infill and extend previously reported gold mineralisation that remain open at depth and in all directions with significant results received from the samples returned to date.

#ASXNews Significant Drilling Programs & Drill for Equity Agreement Meeka Metals Limited is pleased to advise that drilling to expand the mine plan and accelerate production at the Murchison will begin in October 2024. The program includes ~7,500m of growth drilling and ~15,000m of open pit grade control drilling to be completed by Topdrill under a drill for equity agreement. • A significant RC drilling program (~7,500m) is planned to expand the production plan by extending Mineral Resources contained in high-grade plunging shoots below the oxide open pits at Turnberry. • Underground Mineral Resource expansion in this area is likely to materially impact production and cash flow at the Company’s 100% owned Murchison #Gold Project (Murchison). • Final RC grade control #drilling (~15,000m) for the shallow oxide open pits will also be completed to accelerate production, improve productivity and confirm the mine plan in light of the expanded processing capacity now available. • The Company has entered into a drill for equity agreement with leading WA drilling contractor, Topdrill. Topdrill will mobilise following commissioning of the new accommodation village in October 2024. • Final credit approved documentation is well advanced for the larger secured, Murchison project development facility. Details will be released when final documentation is executed by both parties. Completion is expected in August 2024. Commenting on this growth drilling, #MEK’s Managing Director Tim Davidson said: “Having expanded processing capacity, increasing throughput by 30%, we are now moving forward rapidly to fill that capacity with high margin underground production from new mining areas not considered in the DFS due to previous processing capacity constraints.” View the full announcement: https://bit.ly/3YMkOQG #MeekaMetals #MiningNews #ASX

Yandal Resources Ltd (ASX:YRL) has confirmed the presence of multiple zones of cross-cutting high-grade mineralisation at the Quarter Moon prospect of the Ironstone Well-Barwidgee (IWB) Gold Project in Western Australia. The company hit mineralisation up to 6 metres at 4.2 g/t #gold from 90 metres, including a 1-metre interval at 21.2 g/t from 94 metres. This drilling was part of a larger 4,500-metre reverse circulation (RC) and 2,800-metre diamond drilling program across the greater IWB Project. Two of three planned diamond holes have also been completed, testing for depth extensions and gathering data for an updated geological model to support future drilling – the final hole will be completed this week after which the drill rig will move to the New England Granite Prospect. More at #Proactive #ProactiveInvestors #GoldMining #GoldStocks #MiningAustralia http://ow.ly/rlE5105z5Yn