Eastern Resources Limited Australia’s Post

First Phosphate Corp (CSE: PHOS) has announced plans to initiate a 25,000m drill program at its Bégin-Lamarche project. The program, funded by the recent successful financing that raised $8.2 million, aims to delineate a maiden resource estimate, paving the way for a subsequent preliminary economic assessment (PEA). The drilling plan involves targeting the three-kilometre-long #phosphate mineralization strike zone, with drilling at every 100-meter section and at 50-meter intervals within each section. First Phosphate said it will start with three drill rigs, with one additional rig mobilized per week. During the summer of 2023, First Phosphate conducted a preliminary drill program at Bégin-Lamarche, resulting in 21 holes and a total of 4,544 metres of drilling. More at #Proactive #ProactiveInvestors #CSE #PHOS http://ow.ly/hCJg105eIGC

June 2024 Quarterly Report & Appendix 5B. Farrelly Mineral Sands Project (VIC) 🔹 Thick, continuous zone of high-grade mineralisation defined over a ~1,200m x ~600m area at the 100% owned Farrelly Prospect, remains open in several directions 🔹 Of the 91 holes in the last phase of drilling, 33 holes contained intersections >10% THM, with 11 holes containing intersections >20% THM 🔹 Several additional high-grade zones intersected up to 5km from the discovery require further drilling 🔹 Metallurgical and mineralogical test work has commenced, including the sizing of the heavy minerals and their potential recovery through conventional wet and dry separation techniques – results expected in Q3 2024 Pyramid Hill Gold Project (VIC) 🔹 Gold exploration drilling completed at the Pyramid Hill Project with 403 aircore holes for 39,850m, generating further targets for follow up drilling which is expected to recommence in Q4 2024 Mt Jackson Project (WA) 🔹 Ground Electromagnetic (EM) survey at the Mt Jackson Project identified multiple conductors considered prospective for nickel-copper sulphide mineralisation Read the full report: https://lnkd.in/gB9UkSsP #FAL

Caspin Resources Limited (ASX: CPN) (“Caspin” or the “Company”) is pleased to report on corporate and exploration activities during the March 2024 Quarter. HIGHLIGHTS Yarawindah Brook Project Ÿ Two new conductors identified in Moving Loop Electromagnetic survey Ÿ Both conductors located on an important sedimentary-mafic/ultramafic contact, a common stratigraphic position for magmatic sulphide deposits Ÿ Coincident with near-surface Ni-Cu-PGE mineralisation from historical drilling  Ÿ Geological setting and historical drilling results provides confidence in a likely mineralised magmatic sulphide source  Ÿ Continuing to recognise new opportunities for high-grade nickel, copper and PGEs, as well as lithium, across the Yarawindah Brook Project Mount Squires Project Ÿ Agreement executed with Australian Strategic Materials Ltd to evaluate economic potential of Rare Earth Element (REE) potential Ÿ Caspin to retain a 25% free carried interest to decision to mine in the Mount Squires REE project and to receive milestone payments of up to A$1.5m Ÿ REE metallurgical test work and drilling to be undertaken by ASM at Mount Squires over the next 3-9 months, to progressively earn up to 75% interest in the REE rights  Ÿ Allows Caspin to maintain exposure to the Mount Squires REE potential with no funding obligations and leverage ASM’s considerable REE expertise  Ÿ Caspin retains 100% ownership of tenements and rights to all other metals and will maintain its focus on nickel, copper and gold. 2024 field planning underway Download the Quarterly Report Here https://lnkd.in/gzBtxdHZ Contact: Greg Miles

#ASXNews Velox drilling identifies high-grade vanadium zone within the Cambridge Deposit in Queensland, Australia Velox Energy Materials is pleased to announce the #drilling results from its Phase 1 diamond drill program at the Company’s flagship Cambridge Vanadium deposit, within its 100% owned North Queensland #Vanadium Project (“NQVP”) located in Queensland, Australia. • Assay results received are very encouraging, with the mineralized zone identified at shallow depths, uniform thicknesses throughout the drilled area and consistent grades across the drilled area. Results include: • Hole NQVP23_008 – 4.7 m @ 0.44% V2O5 from 8.6 m (0.30%V2O5 cut-off) including 1.1 m @ 0.84% V2O5 from 10.5 m; • Hole NQVP23_005 – 5.4 m @ 0.41% V2O5 from 19.5 m (0.30%V2O5 cut-off) including 0.8 m @ 0.77% V2O5 from 12.9 m; and • Hole NQVP23_004 – 4.7 m @ 0.47% V2O5 from 9.5 m (0.30%V2O5 cut-off) including1.1 m @ 0.72% V2O5 from 20.5 m. • The mineralized zone at a cut-off grade of 0.30 % V2O5 is typically 4.2 m thick at 0.41 % V2O5. • Drilling indicates a laterally continuous high-grading layer within the mineralized zone, with V2O5 grades commonly exceeding 0.60 % V2O5 over a 1.5 m thick interval. • Assay results have also identified a 0.5 m -1.0 m layer demonstrating a mild rare earth element enrichment thought to be associated with the vanadium mineralized zone, with TREO grades commonly between 400 – 500 ppm. Full announcement: https://loom.ly/NVjsQY8 #VeloxMaterials #ASX

Forrestania Resources Ltd (ASX:FRS) has struck high-grade #iron ore mineralisation in the first reverse circulation (RC) drilling program targeting the metal at the Koolyanobbing Iron Project in Western Australia. The company drilled nine holes over 687 metres, looking for extensions to Mineral Resources Limited (ASX:MIN)’s Koolyanobbing mine, which held mineral reserves of 40.8 million tonnes at 58.2% iron as of 2019. The drilling program generated a highly promising intercept of 2 metres at 44.6% iron from 101 metres of depth, which demonstrated banded iron formation-style (BIF) mineralisation, as well as hematite (iron ore above 70%) and geothite, a kind of iron oxide. More at #Proactive #ProactiveInvestors #IronOre #IronOreMining #MiningAustralia #Hematite http://ow.ly/vbgp105Gths

#ASXNews Drilling & Scoping Study Commences - Prospect Ridge Magnesium JV Dynamic Metals Limited is pleased to provide an update on the operations at the project capital located in northwest Tasmania, 40 km southwest of the Port of Burnie. The project is a joint venture between GWR Group Limited (70%) and Dynamic Metals (30% free carried interest). • Phase 2 diamond drilling program at the Arthur River deposit consisting of six holes for 900m to commence in June 2024, with a third phase drilling program comprising of an additional 21 holes proposed to be undertaken. • Once completed, the proposed drilling is expected to increase confidence in the 2012 Mineral Resource estimate of 25.1Mt @ 42.4% MgO (refer to ASX announcement dated 27 January 2022). • A total of 97 sample pulps have been submitted to Nagrom in Perth for Au, Ag, Cu, Pb, Zn and Ni analysis following up on anomalous sulphur and iron intercepts from the 2023 program and investigate IOCG potential (refer to ASX announcement dated 8 May 2024). • GWR anticipates interest from, and expects to work with, world leading refractory manufacturers in relation to the Prospect Ridge Magnesite Project. In addition, the Company plans to engage a leading industrial minerals expert to assist with product definition and market research. Highly respected consultants pitt & sherry have been engaged to commence the environmental investigations and approvals process for the Prospect Ridge Magnesite Project. • A scoping study has been initiated using inputs from previous feasibility studies, recent drilling and from the Federal government funded Regional Research Collaboration Grant. • GWR successfully completed and submitted its research and development submission for FY23 in relation to the Prospect Ridge Magnesite Project with Aus Industry. See the full announcement: https://loom.ly/MIOLxqw #DynamicMetals #MiningNews #ASX

Narryer Metals Limited (Narryer or the Company) (ASX:NYM) is pleased to provide an update on its completed initial drill program at the Rocky Gully REE project in Western Australia. The Company has identified carbonatite rock (figure 1) and related alteration in drill core, as well as evidence of REE / Scandium mineralisation from the first round of samples submitted for assay. This includes drillhole RGDD002 containing 9m @ 0.33% TREO from 13m, including 1 m at 0.47% TREO in the regolith clays, open downhole, with further assays to be received. The identification of carbonatite dykes in the core indicates the potential presence of a main carbonatite body at the Ivar Prospect, yet to be discovered. Executive Chairman Richard Bevan said “The initial drill program was successful in identifying a carbonatite intrusive at Rocky Gully, and the confirmation of REE and high-grade scandium mineralisation in our first assays is highly encouraging. Whilst we have only completed 2 diamond holes to-date, we have well defined targets for the next phase of drilling. This includes stepping out from the previous drill area at the Ivar Prospect with aircore drilling, and then RC drilling of both magnetic and gravity targets developed from ground surveys completed in 2023. • Initial two hole diamond drilling program at Rocky Gully intersects carbonatite dyke and related alteration halo • Drill program designed to test carbonatite mineralisation at Rocky Gully which has been confirmed: o Preliminary assays up to 0.47 % Total Rare Earth Oxide (TREO) and high-grade 512 ppm Scandium oxide (Sc2O3) o Drilling intervals include 9m at 0.33 % TREO and 7.3m @ 335 ppm Sc2O3. o Additional assay results still pending • Recent magnetic and gravity survey results identify potential primary carbonatite target west of initial drill holes • RC drilling program planned to test new high priority gravity and magnetic targets • Aircore drilling planned to test extent of high-grade scandium mineralisation. Read More: https://lnkd.in/gdWdS2Gc

Many types of drilling bits 🪨 used in groundwater, oil & gas exploration, 1. Tricone Bits 🔻 - These bits have three rotating cones with teeth that crush and break the rock formation. They are ideal for drilling through hard rock formations. 2. PDC Bits - Polycrystalline diamond compact (PDC) bits have a diamond-impregnated cutting surface that can drill through soft to medium-hard rock formations. 3. Tungsten Carbide Insert (TCI) Bits - These bits have tungsten carbide inserts that are brazed onto the steel body of the bit. They are ideal for drilling through abrasive rock formations. 4. Diamond Bits 💎 - These bits have a diamond-impregnated cutting surface that can drill through hard rock formations. They are typically used in diamond core drilling. 5. Hammer Bits hammer 🔨 - These bits use a hammering action to break up the rock formation. They are ideal for drilling through hard rock formations. The choice of drilling bit banks upon the type of rock formation being drilled and the depth of the borehole required. Experienced groundwater drilling professionals can help determine the best type of bit to use for a particular drilling project. Have a look at the types of Drilling but CGWB use from alluvium to hard rock terrains. #cgwb #bharat #exploration #geoscience

Black Mountain Drilling Results: First Significant Lithium Intersections in Wyoming; and Base Metals (Cu, Zn and Pb) Potential Identified Chariot Corporation Ltd Corporation Limited (“Chariot”, “CC9” or the “Company”) is pleased to advise that it has intersected significant zones of strong lithium-tantalum mineralisation in the first three (3) holes (“First Three Holes”) of the maiden drill program at the Black Mountain Project (“Black Mountain”), in Wyoming, U.S.A. HIGHLIGHTS: *Black Mountain maiden drill program delivers strong initial hard rock lithium results with multiple mineralised lithium intersections from first three (3) holes *First three (3) holes all intersected high-grade spodumene mineralisation confirming the potential of the Black Mountain LCT pegmatite swarms Notable results from first three (3) holes include: *BMDDH23_01 15.48m @ 1.12% Li2O and 79ppm Ta2O5 from 2.74m, including 4.27m @ 2.46% Li2O and 128 ppm Ta2O5 from 9.94m *BMDDH23_02 14.33m @ 0.84% Li2O and 61ppm Ta2O5 from 1.83m, including 2.29m @ 3.09% Li2O and 138ppm Ta2O5 from 10.67m *BMDDH23_03 18.81m @ 0.85% Li2O and 98ppm Ta2O5 from 45.26m, including 5.79m @ 1.08% Li2O and 105ppm Ta2O5 from 47.55m *High-grade potential with individual grades downhole of up to 3.79% Li2O and 230ppm Ta2O5 *Drilling continues with eight (8) holes having been completed to date, assay results for the subsequent five (5) holes are pending and expected to be announced by April 2024 *BDDDH23_01 intersected a zone of stockwork vein and disseminated pyrite-pyrrhotite mineralisation over an interval of approximately 100m within the biotite schist *The Company is optimistic it may have intersected the peripheral portion of a potentially larger base metal mineral system, with selected intervals grading up to 0.6% (6,012ppm) Cu, 1.0% (9,931ppm) Zn and 15.4% (154,412ppm) Pb *The Company plans to extend the soil sampling program and run preliminary IP lines over the base metals anomaly in Q3 2024 These drill results confirm the potential of the Black Mountain lithium caesium tantalum (“LCT”) pegmatite swarms with the assays returning individual lithium and tantalum values of up to 3.79% Li2O (BMDDH23_01-0021) and 230ppm Ta2O5 (BMDDH23_01-0033). Congratulations to the whole team at Chariot Corporation Ltd Shanthar Pathmanathan Murray Bleach Fred Forni Neil Stuart @Edward Max Baker Ramesh Chakrapani #asxnews #investingnews #lithium #tantalum https://lnkd.in/dfYgpsic

We're pleased to report results from a further 27 holes drilled at our large-scale Letlhakane Uranium Project in Botswana. Our CEO Greg Bittar commented: “More than halfway through our infill program at Letlhakane, we are extremely pleased with the drilling results to date. The objective of this program was to confirm the continuity, extent and quality of the Letlhakane ore body. 106 out of 109 holes completed to-date have intersected uranium mineralisation and confirm the continuity and grade. "We are now focused on the Gorgon West deposit, the largest of the group. Our infill drilling at Gorgon West has encountered individual intercepts more than 12m thick and zones of multiple intercepts up to 60m thick. Uranium grades at Gorgon West are generally considered to be lower than those at Serule West, but these results indicate that there are narrow high-grade zones, with the latest intercepts grading up to 2,146ppm eU3O8, more than six times the current resource grade. "We have also commenced diamond drilling at Serule West which is important as we will not only use this part of the program for QAQC but also as a source of sample for metallurgical test work program that is being used to optimise the processing flowsheet.” Drilling is on track to be completed in September 2024, with updated MRE to follow, and a Letlhakane scoping level study remains on track for delivery in Q3. Read more: https://loom.ly/De_SAu4