Cosa Resources Corp reports: "The recently completed ground geophysical survey confirmed quality basement conductors are present in target areas identified from the Property-wide 2023 #MobileMT survey" over Ursa Uranium Project in Athabasca Basin, Saskatchewan. Up to 3,000 metres of diamond drilling is planned at Ursa. The objective of drilling is to complete first pass testing in one or two of the eleven target areas identified from Cosa's 2023 #MobileMT survey. https://lnkd.in/gQgTrZpw #airbornegeophysics #mineralexploration #uranium
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NORFOLK METALS LIMITED (ASX:NFL) achieves promising uranium results in Phase 2 drilling at Orroroo Project ☢️⛏️ "It is clear the Orroroo Project has reached a critical value point having further de-risked the project at the completion of the maiden drill program post a successful capital raise in late 2023" "There is a clear path for exploration upside in this well-funded and well-structured uranium explorer with an abundance of permitted ground hosting drill targets. There is no better place in the world to be a junior uranium explorer in the current market and Norfolk has the support and capital to see the job through" "The recent results further confirming the east west creeks as targets opens the door for north south orientated passive seismic and/or detailed ground magnetics as possibilities or we could elect to go straight into subsequent drilling given the non-cost prohibitive operations and welcoming local community to host contractors" - Norfolk Metals Executive Chairman Ben Phillips #ASX #ASXNews #Uranium #Drilling Subscribe to the weekly Stock Market Newsletter www.themarketbull.com.au
Norfolk Metals Unearths Uranium Excitement at Orroroo Project
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Murchison Minerals Ltd (TSX-V:MUR, OTCQB:MURMF) has kicked off its latest exploration program at the BMK Volcanogenic Massive Sulphide (VMS) project in Saskatchewan. The program, covering the 100%-owned project, involves diamond drilling totaling approximately 3,500 meters and is slated for completion by mid-March. Murchison’s primary aim is to discover the copper-rich stockwork zone associated with the formation of the BMK VMS Deposit, according to a statement. The deposit, with a 2018 NI 43-101 resource estimate, remains open along strike and at depth. The 2024 winter drilling program will concentrate on three target areas: CST, BMK North, and BMK South Extensions. #Murchison believes that each area presents high-priority zones for potential discoveries, with a particular focus on the CST target, identified as a large geophysical anomaly. More at #Proactive #ProactiveInvestors #TSXV #OTCQB #MUR #MURMF http://ow.ly/1LVH105ajrx
Murchison Minerals gets drills turning at BMK project
proactiveinvestors.com
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🔊REEF 1 EXPLORATION TARGET The initial Reef 1 Exploration Target is estimated to be between approximately 60 to 110Mt at a grade between 0.21 to 0.31% Cu, 0.43 to 0.65g/t PGE3, 0.50 to 0.75% V2O5, and 13.9 to 20.8% TiO2, for an estimated contained metal content of between 130 to 340Kt Cu, 860 to 2,300Koz PGE3, 310 to 840Kt V2O5, and 8.6 to 23Mt TiO2. 🟦Cautionary Statement: The potential quantity and grade of the initial Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource. It is uncertain if further exploration will result in the estimation of a Mineral Resource. The Exploration Target has been prepared and reported in accordance with the 2012 edition of the JORC Code. 🟦 NEXT STEPS The Company is making preparations to mobilise multiple drill rigs (1 x diamond and 1 x RC), starting with a diamond rig, to commence infill and extensional drilling at Reef 1 and Reef 2. This will be followed by new discovery drilling at additional targets currently being defined by reconnaissance exploration, interpretation of new drill data, and geophysics. Read the announcement here: https://bit.ly/4bKvlP5 Contact: Thomas Line #copper #PGE #vanadium #titanium #asxnews #TM1
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Hercules Silver (TSXV:BIG) Reports Mixed Results and Challenges in Idaho Copper Exploration Program https://lnkd.in/eqVD8nz7
Hercules Silver (TSXV:BIG) Reports Mixed Results and Challenges in Idaho Copper Exploration Program - MiningFeeds
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Helix Exploration: Next helium well to be drilled this week as prep work completed @HelixExp #AIM #HEX. HeLIX Exploration PLC has completed road and drill pad construction at its Rudyard helium project in northern Montana, moving closer to appraisal drilling at the site. The Treasure State Drilling Cardwell KB-150 rig is now in place, with work on the Darwin #1 well expected to start this week. The plan is to evaluate an estimated 484,193 Mcf of helium, valued at over $250 million based on current market prices. Located on a large geological structure known as a domal anticline, previous exploration in nearby areas has shown helium concentrations up to... http://ow.ly/Tg7T105NawS
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#ASXNews Adavale to Commence Drilling for Uranium in South Australia Adavale Resources is pleased to advise that following the acquisition of 100% interests in EL6553 from Kilonova Metals Pty Ltd, the Company is rapidly moving towards an extensive aircore drilling program. This exploration program has been designed to focus on previous #uranium results at the MacDonnell Creek and George Creek prospects, within the Marree Embayment in South Australia. • Drilling and survey contracts now being finalised • Aircore drilling program designed to test priority Marree Embayment targets • Stage one drilling (3,000m) to target paleochannel extensions and uranium redox boundaries at MacDonnell Creek and George Creek prospects • MacDonnell Creek and George Creek prospects highlighted uranium potential from historical broad spaced drill intercepts: o 1.0 metre at 263ppm eU3O8 and o 0.65m at 235ppm eU3O8. • Heritage surveys designed to extend localised areas previously cleared at MacDonnell Creek and George Creek prospects also to commence #ADD’s Executive Director, David Riekie commented: “We are finalising the heritage clearances and associated administration requirements to enable us to shortly commence a cost effective aircore drilling program at MacDonnell and George Creek. “While the historical drilling outlined the general uranium prospectivity, our current program of up to 40 holes is anticipated to trace, extend and test the uranium redox boundaries that were previously intersected. The average depth of the holes will be around 100m and testing will be conducted on site using pXRF and subsequently verified by laboratory based assays. “This current drilling program will include both infill drilling (200m x 100m), designed to confirm and extend the previous uranium mineralisation as well as some broader spaced (800m x 400m) drilling anticipated to generate new target areas within this uranium rich paleochannel.” See the full announcement: https://bit.ly/4bFHC7B #AdavaleResources #MiningNews #ASX
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Stallion Uranium engaged Discovery Int'l Geophysics Inc. (A DIAS company) for the ground TDEM survey over the Appaloosa Target on the Coffer Project...The EM survey is capable of penetrating far beyond the estimated unconformity depth and will provide the best targets for drilling testing. Discovery is a wholly owned division of DIAS - a leading geophysical services company bringing expertise and state-of-the-art equipment to ensure the success of the survey. A low temperature (liquid helium cooled) super conductor SQUID technology has been developed specifically for mineral exploration and resolving conductors at extremely low-frequencies. DIASGEO.COM #minerals #uranium #exploration
Stallion Uranium Announces Successful Completion of Ground EM Survey on the Coffer Uranium Project
globenewswire.com
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Assay results from recent RC drilling by Galileo Miningat its #Norseman project in WA continue to show prospective zones of #palladium #platinum close to the existing #Callisto resource. Galileo undertook around 2,100 metres of RC drilling in August/September, targeting a series of geophysical and geochemical anomalies. The drilling intersected disseminated sulphide minerals coincident with EM conductors, IP geophysical chargeable zones and at geochemical targets. Several drill intersections in ultramafic and mafic rocks — the potential host units for economic mineralisation — contained anomalous palladium and platinum results. More at #Proactive #ProactiveInvestors #GAL #GalileoMining http://ow.ly/25lF105Kvmv
Galileo Mining drilling hits more prospective palladium-platinum zones at Norseman; drilling planned at untested targets
proactiveinvestors.com.au
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**Bayridge gains drilling permit for #uranium project in Canada** - Drilling Permit Secured: Bayridge Resources Inc (CSE: BYRG) (OTC: BYRRF) (FSE: O0K) has secured a three-year #drilling permit for its Waterbury East uranium project in the Athabasca Basin, Saskatchewan, Canada, valid until 31 July 2027. - Exploration Potential: The 1,337-hectare project, situated in a geological setting conducive to both unconformity-hosted and basement-hosted uranium deposits, allows for up to 40 drill sites and necessary preparatory work. - Historical Findings: Historical airborne EM surveys have identified a key east-north-east-striking conductor, with past drilling by CanAlaska Uranium in 2007 revealing a 17m intersection of anomalous uranium enrichment. - Partnership Details: Bayridge has the option to acquire up to an 80% interest in the Waterbury East project from CanAlaska Uranium Ltd, through a combination of cash payments, share issuances, and exploration expenditures over the next four years. - Next Steps: Bayridge, fully funded for a multi-hole drill program set for late Q3 2024, is collaborating with in3D Geoscience to prioritize drilling targets based on recent Geotech VTEM survey data. #mining #mineralexploration #mineralprocessing
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Encounter Resources Limited Strikes High-Grade Niobium in Western Australia (ASX: ENR) Will Robinson, Managing Director of Encounter Resources, commented on the findings: “Aircore drilling is opening up new fronts of shallow niobium-REE carbonatite hosted mineralisation at Aileron. The aircore rig completed over 10,000m of drilling in its first month on site. This drilling has expanded the near surface footprint of the Crean, Hurley and Emily carbonatites. The aircore rig has now moved to the untested Green and Joyce targets located east of WA1 Resources’ Luni carbonatite discovery. Drilling will start with broad spaced aircore traverses and then move to closer spaced drilling based on initial observations. Aircore drilling is proving to be a fast, low impact and cost-effective method to discover near surface niobium-REE mineralisation in this part of the West Arunta.” Read our article below: https://lnkd.in/gvbZNM4P #rareearths #ree #mining #exploration #geology #criticalminerals #enr #asx
Encounter Resources Strikes High-Grade Niobium in Western Australia
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