Ilala Metals’ Post

Anson Resources (ASX:ASN) completes surveys, readies for drilling at Yellow Cat Project #Drilling #ASX #Uranium #Vanadium

Deep Yellow unearths additional resources at Namibian project Uranium explorer Deep Yellow Limited is making strides towards extending the mine life of its Tumas project to a targeted 30 years, with a recent drill programme unearthing additional resources to prolong the current life-of-mine (LoM). The primary objective of the reverse circulation resource expansion and infill drilling programme completed to the west of the Tumas 3 deposit was to identify additional resources to extend the current 22.5-year LoM. https://lnkd.in/dE66vQyX

Latin Resources Limited has defined a Maiden Resource Estimate at Fog’s Block for approximately 6.8Mt @ 0.9% Li2O Inferred at a cut-off grade of 0.5% Li2O. Drilling first commenced at Fog’s Block in August 2023 and based on 9 holes #LRS completed sufficient drilling for a maiden inferred resource to be defined. Fog’s Block remains open up-dip, at depth and along strike and #drilling continues to test for extensions to the defined deposit and build on the maiden resource. Learn more: https://loom.ly/819qMNU #LatinResources #lithium #ASX

Australian Rare Earths mentioned in the Apirl 2024 Paydirt Media Pty Ltd magazine. "AR3 expects the remaining results from an 8,750m, 694-hole drilling campaign testing a 10km northern strike extension before the June quarter with some 82% of 184 holes returning grades above a 350 ppm cutoff. Intercepts of 2m @ 1,387 ppm rare earths from 3m, with 18.5% neodymium/praseodymium and 1.6% dysprosium and 2m @ 1,169 ppm rare earths from 3m with 21.7% neodymium/praseodymium and 2% dysprosium have given clues to inform exploration later in the year." - Michael Cameron at Paydirt Read the full magazine here: https://lnkd.in/guqtH3k #rareearths #criticalminerals #uranium #transitionmetals #cleanenergy #exploration #resources #development #sustainable #southaustralia #media #drilling Travis Beinke Bryn Jones Noel Whitcher Angus Barker Chris Cockburn Rick Pobjoy Tau Media Pty Ltd Genna Bower Jessica Lee (Holland) Fertig Nick Wilke Denham Hobbs Aaron Fidge Shane Brice

The Troll field is a giant, and from most angles a success story. However, the Troll Brent B discovery was not as successful. On today's date in 2017, the Troll Brent B discovery was approved for development, and was planned to be produced by pressure depletion. Troll Brent B was to be developed with one multilateral production well drilled from the O-template connected to Troll C. During drilling of the production well, oil reserves were proven to be significantly lower than originally assumed. It was therefore decided to be uneconomical to start production on the Troll Brent B field. The well was plugged, however, the well slot is available to be used for potential new targets on Troll Vest. #industriminne #industrialheritage #norskoljemuseum #petroleummuseum https://lnkd.in/ep69r_BW

Rockfire (AIM:ROCK) is well into resource expansion drilling at the Molaoi zinc-lead-silver-germanium project in Greece. Drilling recently filled a 100m-wide data gap which limited the resource model at depth. Drilling into this gap resulted in outstanding zinc being intersected, which is likely to expand the resource model significantly. Results from hole number HMO-001 include 3.44m @ 11.4% ZnEq. from 228.02m depth. A second zone at 239.00m depth intersected 3.30m @ 35.7% ZnEq., and a third zone of 2.40m @ 11.2% ZnEq. was intersected in hole HMO-001 at a depth of 245.80m. The entire zone averages 20m @ 9.1% Zn.Eq. Drilling continues, with holes HMO-002 and HMO-003 already drilled and awaiting analysis. #Molaoi #Rockfire #zinc #lead #silver #germanium

Artemis Resources (ASX:ARV) Ltd (AIM:ARV, OTCQB:ARTTF) managing director George Ventouras joins Jonathan Jackson in the Proactive studio to discuss upcoming drilling programs at the Mt Marie #lithium and Lulu Creek #gold projects in Western Australia. A heritage survey over the project areas is set to commence on July 3 to address any uncleared regions, facilitating the regulatory clearance necessary for drilling operations. Ventouras highlighted the high prospectivity of the Lulu Creek and Mt Marie projects for their respective resources. Following the completion and reporting of these surveys, the drilling of these targets will proceed. Mt Marie's potential is supported by multiple rock chip assays showing over 4% lithium oxide, comparable to Azure Minerals Limited (ASX:AZS, OTC:AZRMF)’s Andover project, which has an exploration target of 100 to 240 million tonnes at 1% to 1.5% lithium oxide. Watch at #Proactive #ProactiveInvestors #LithiumMining #BatteryMetals #CriticalMinerals #GoldMining https://lnkd.in/eQiaDWpn

We are being told in the press that Exxon is going to be better at fracking the Permian than anyone else (they are reporting Exxon's claims on this). And this is why paying $60 billion for Permian acreage when US shale oil is peaking makes good sense for them, we are told. There are some problems with this. 1) According to many in the industry, Exxon is not better than others. "Investors aren’t totally sold on those lofty projections, especially because the oil major [Exxon] isn’t seen as the best shale developer." https://lnkd.in/e5EJZGNg 2) Exxon does not have a track record of being the best. IEEFA wrote about that in 2021. https://lnkd.in/enVY7NW7 3) Exxon said similar things after it made its last large Permian acquisition. I wrote about that in 2019. https://lnkd.in/enVY7NW7

Great Atlantic Resources Corp (TSX-V:GR) said it has received approval from the government of Newfound and Labrador for additional diamond drilling and trenching at its flagship Golden Promise gold property in central Newfoundland. The approval is for five drill holes and three trenches within the southern region of the property in an area of gold soil geochemical anomalies. Great Atlantic has not conducted any such diamond drilling or trenching to date in this relatively underexplored area of the Golden Promise property. The target area is located approximately 3.5 to four kilometres northeast of the Linda-Snow White gold bearing quartz vein system. The area was identified by the company during the 2018 and 2020 exploration programs as containing a zone of gold soil anomalies with an apparent length of at least 500 metres and an apparent width of approximately 90-to-200 metres. More at #Proactive #ProactiveInvestors #TSXV #GR http://ow.ly/HUNg1055q4p

Have you got difficult terrain and non typical drill target? Castle Drilling have you covered. Rather than blow your exploration budget out on earthworks and delay it with permiting, what about rethinking how to drill the target. Rigs currently avaliable between programs. Call Matt Skeet to discuss 0424 981 494