Couloir Capital’s Post

#ASXNews High grade gold in Historical Drilling confirms Resource Potential at K8 Prospect Latitude 66 Limited, is pleased to announce the results from the analysis of original #drilling data from historic explorers, and follow-up DHEM surveys have confirmed the potential of K8 to deliver additional ounces into the already significant global resource base of 7.2Mt @ 2.7g/t Au & 0.08% Co for 650,000oz Au and 5,840t of Co. • Recently analysed historical data confirms high grade #gold mineralisation at the K8 Prospect. • Historical Assay results include: o 19.0 m @ 6.0 g/t Au & 0.04 % Co from 97.5 m (M461184R305) o 6.5 m @ 8.1 g/t Au & 0.01 % Co from 45.1 m (SAY003) o 5.6 m @ 4.9 g/t Au & 0.09 % Co from 58.5 m (M461184R306) • Results complement previous Latitude 66 assay results including 10.3m @ 4.8g/t Au & 0.04% Co. • Follow-up downhole electromagnetics (DHEM) identifies potential extensions to mineralisation. • Significant >650 S conductor defined down plunge from 8.2m @ 2.8g/t Au & 0.03% Co. • Lithogeochemistry assessment completed confirming favourable host rocks. • Resource drilling planned for K8 Prospect following resource drilling at K9 Prospect. #LAT’s Managing Director, Grant Coyle, commented: “The presence of high grade gold mineralisation at the K8 Prospect is now confirmed by both historic and Lat66 drilling. The conductive plates identified in the follow-up DHEM further enhance the prospectivity at K8, highlighting the potential for mineralisation to continue at depth. “The down-plunge potential at K8 will be tested immediately following completion of the imminent K9 drill program. Results from both programs will be used to identify whether maiden JORC Mineral Resource Estimates can be calculated and can grow our existing Global Resource base.” See the full announcement: https://bit.ly/3X1n6df #Latitude66 #MiningNews #ASX

#ASXNews Encouraging Near Surface Copper and Gold Results Returned At Red Mountain Xanadu Mines Ltd is pleased to report encouraging #copper and #gold results across all four prospects drilled at the 100% owned Red Mountain Copper and Gold Project, in the South Gobi region of Mongolia. • Approximately 4,880m of discovery-focused diamond drilling completed across four prospects has encountered significant, shallow mineralisation warranting near term follow-up. Best intersections include: • EPITHERMAL GOLD EXTENSIONS AT TARGET 33 • 41m @ 1.07g/t Au from 34m (OUDDH128) Including 5m @ 2.67g/t Au from 38m And 6m @ 2.28g/t Au from 58m • 29m @ 0.54g/t Au from 4m Including 4.1m @ 1.39g/t Au from 18m (OUDDH130) • MAIDEN DRILLING FOR HIGH GRADE COPPER SULPHIDE LODES AT NOWIE • 8m @ 1% Cu and 0.12g/t Au from 267m (OUDDH134) • 14m @ 0.75% Cu and 0.26g/t Au from 113m (OUDDH136) #XAM’s VP Exploration, Dr Andrew Stewart, said: “We are very pleased with the latest results from the Red Mountain diamond drilling program which tested several shallow gold and copper targets. At Target 33 drilling continues to define multiple broad zones of near surface gold mineralisation that remain open a long strike, The first drilling at Nowie has been very encouraging returning broad intervals of copper and gold, including several narrower intervals of higher-grade copper demonstrating both scale and grade potential. These latest drilling results validate and refine our exploration models providing our exploration team with direction towards a significant discovery at Red Mountain. Follow up drilling is planned for the second half of 2024”. See the full announcement: https://loom.ly/A18ZfL8 #XanaduMines #MiningNews #ASX

Titan Minerals Ltd (ASX:TTM) (OTC:TTTNF) has intersected a fresh vein of #gold in the new Julia vein system of the Papayal prospect, part of the Dynasty Gold Project in southern Ecuador. A diamond drilling program was designed to test the continuity and depth extent of the Julia vein system, with several high-grade intersections confirming continuity to at least 60 metres of depth. Best results from this round of drilling include 2 metres at 5.29 g/t gold and 32.4 g/t #silver from 12 metres of depth and 0.4 metres at 65.5 g/t gold and 83.2 g/t silver from 81.62 metres. More at #Proactive #ProactiveInvestors #ASX #OTC #TTM #TTTNF #GoldMining #GoldStocks http://ow.ly/HR6f105fjnX

We are pleased to share our Quarterly Activities and Cashflow Report for the period ending 30 September 2024. Results from our Phase 1 drilling program at Minyari Dome exceeded expectations, with new zones of high-grade gold mineralisation identified along the northern edge of GEO-01, as well as at the GP01 and Minyari Southeastern Extension targets. These discoveries not only expand our current resource base but also strengthen the growth potential for Minyari Dome as a cornerstone asset in our portfolio. Our recently completed Mineral Resource Estimate update was a major highlight, adding over 570,000 ounces of gold, including a maiden resource for GEO-01. Following this, we released an updated Scoping Study that reaffirmed the technical and financial strength of Minyari Dome, with a robust pre-tax NPV of up to A$1.7 billion. This study underscores our commitment to delivering shareholder value through a combined open-pit and underground mining operation, projecting 1.3 million ounces of total initial production over the next decade. Looking forward, we are well-positioned for further progress with the commencement of our Phase 2 drilling program, which focuses on resource growth, additional high-priority exploration targets, and preparation for metallurgical testing to support a future Pre-Feasibility Study. Additionally, the completion of our Citadel JV sale to Rio Tinto has strengthened our balance sheet, allowing us to advance Minyari Dome with even greater momentum. We invite our shareholders and stakeholders to review the full report for a detailed look at our achievements this quarter and our strategic path forward: https://bit.ly/3C9Akgb   Roger Mason Mark Rodda   #AntipaMinerals #AZY #GoldExploration #MinyariDome #Gold #PatersonProvince #ASX

Emperor Metals #Projekte #DuquesneWest Golden Opportunity: Duquesne West's High-Grade Gold Potential Strategic Location & Accessibility 🗺️ Duquesne West, located in the historic Duparquet gold camp, benefits from proximity to a major highway, an international airport, and year-round road access. Significant Gold Resources & Promising Drilling Results ⛏️ The site boasts a historical inferred resource estimate of 727,000 ounces of gold across 4.17 million tonnes with a grade of 5.42 g/t gold. Recent drilling highlights include 10.8m at 15.8 g/t Au, 11.7m at 5.63 g/t Au, and 10.65m at 3.97 g/t Au. Future Expansion & Investment Potential 📈 Emperor Metals has the option to acquire 100% ownership from Globex Mining, requiring $10M, 15M shares, and $12M in exploration expenditures over five years, setting the stage for substantial development and resource expansion CM-Equity AG Family Office invests in #people and #megatrends. We hold shares in the company and provide support for questions about the European capital market https://lnkd.in/dKxmvgzV

Strickland Metals Ltd (ASX:STK) has set the diamond drill turning at the Yandal Gold Project in Western Australia, following up its recent major acquisition of a 5.4-million-ounce #gold project in Serbia with more work on its Australian projects. The rig has started drilling at Palomino-Clydesdale prospect, where aircore drilling produced an intersection of 39 metres at 6.1 g/t gold from 25 metres of depth that included a 7-metre interval of 22.2 g/t. It will then move to Brono-Konik prospect, where a discovery hole revealed 58 metres at 1.7 g/t gold from 17 metres to the end of hole, mirroring historical results from the area. More at #Proactive #ProactiveInvestors #ASX #STK #GoldMining #GoldStocks #MiningAustralia http://ow.ly/hpSX105pQiI

Desert Metals Limited (ASX:DM1) has announced positive results from its soil sampling program at the Tengrela South Project in Côte d'Ivoire, revealing two substantial gold anomalies with samples showing gold grades of up to 32.7 g/t. "Our soil sampling at Tiogo and Kakologo has returned significant gold anomalism over +2km and +3km parallel corridors by highlighting the north-south structures that typically host gold mineralisation in this Birimian gold belt. "Significant high-grade surface samples of up to 32.7g/t gold and 12.6g/t gold from cross-cutting shoots also highlight these gold anomalies as high-priority targets for aircore drilling. With these new targets in the central and northern areas of the Tengrela South permit, and the recently granted Adzope licence, we have numerous drilling targets for the upcoming quarter and beyond." - Desert Metals Managing Director Stephen Ross #ASX #ASXNews #Investing #Mining Subscribe to the weekly Stock Market Newsletter www.themarketbull.com.au https://lnkd.in/g_aYcUEP

News Release: PTX Metals Announces Successful Near Surface Drill Results from W2 Cu-Ni-PGE Project which Significantly Expanded the Mineralized Trend Outside the W2 Deposit “Completion of the Phase 1 drill program was an important milestone for W2 and PTX Metals as it not only proved the exploration potential of this large package in one of Canada’s emerging and important mineralized regions, but it also served to strengthen the Company’s exploration team and community relations,” said Greg Ferron, CEO and President of PTX Metals Inc. “In addition, during the drill program we successfully completed the acquisition of a large deposit located in the central area (i.e., CA zones) of the project, which had seen significant shallow historical drilling to identify mineralized deposits; sufficient enough to support the current modelling program which includes generating 3-D shell geological and mineralization models, and to provide a range of grade and tonnage of the mineralization. “Notably, W224-03 and W224-07 from this Phase 1 program demonstrate the high success rate of discovering new mineralization over wide widths by drilling new conductors, which are abundant across the property. Furthermore, this highlights the potential to expand or identify new Cu-Ni-PGE deposits within the large claim package.”   https://lnkd.in/gSz2hGpM #miningnews #copper #nickel #miningandmetals #juniormining #MiningOntario #drilling #RingOfFire 🔥

Strickland Metals Ltd (ASX:STK) has revealed strong evidence in a review and modelling of recent drilling data that the Palomino and Clydesdale prospects at the Yandal #Gold Project in Western Australia are part of the same mineralised system. The company now believes Clydesdale is a splay shoot of mineralisation off the main Palomino structure, which could also be connected to the Marwari prospect. Both Clydesdale and Palomino were investigated as part of Strickland’s 2023 aircore program, where peak results of 39 metres at 6.1 g/t gold from 25 metres (with a higher-grade component of 7 metres at 22.2 g/t) have yet to be followed up with deeper drilling. More at #Proactive #ProactiveInvestors #ASX #STK #MiningAustralia #GoldMining #GoldStocks http://ow.ly/tXu1105lxh6

Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the "Company") is pleased to announce results from the remaining six drill holes from the 2023 exploration program at the Cassiar Gold Project, located in northern British Columbia. Results from these drill holes expand mineralization at the Taurus Deposit both within and beyond the current resource footprint (Figure 1). The Taurus Deposit hosts a substantial near-surface, bulk-tonnage Inferred gold resource of 1.4 million ounces grading 1.14 grams per tonne (g/t) gold (Au) [1] which remains open. Since the early 2022 resource estimate, additional drilling has continued to expand the footprint of mineralization at the deposit, which remained a priority for further expansion during the 2023 exploration campaign. https://lnkd.in/gg7ecNMH