$NTU - Heavy rare earth developer, Northern Minerals is pleased to advise new assay results from the mineral resource definition drilling program at Wolverine deposit. The Browns Range Heavy Rare Earth (HRE) Project is located approximately 160km southeast of the town of Halls Creek, in the Kimberley region of Western Australia. The results relate to the mineral resource definition drilling program at the Wolverine deposit during FY Q2-Q3 2024, and one remaining drillhole from the previous ore characterization and geotechnical drilling program completed in FY Q3 2023. Executive Chairman Mr. Nick Curtis AM commented: “The new assay results are very encouraging and emphasise the unique nature of the Browns Range system. These results materially increase confidence in the development of the Wolverine deposit as the first mine within the larger Browns Range system. The exceptional results of the newest Wolverine resource definition drilling program and the increased geological understanding from the drill results and the structural association model supports our regional geological understanding and suggests high-grade opportunities beyond the Wolverine deposit out across the broader Browns Range system. This is encouraging for future exploration success. We are grateful that the Company was able to progress this Program as a result of the grant monies received from the Federal Government. We also are very appreciative of the support we have received from our Native Title Partners - The Jaru People who assisted in ensuring required heritage surveys were completed prior to the campaign commencing. The completion of this drilling program is anticipated in mid-May, and the consequential re-evaluation of our mine plan is due in the fourth quarter of this calendar year, the timing of which aligns well with the Company’s planned FID timing.” Read more: https://lnkd.in/g2HGvRXC $NTU Nick Curtis AM Shane Hartwig Adam Handley
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Stellar Resources Limited \(ASX: SRZ\) has made significant strides with its recent announcement regarding the Heemskirk Tin Project, reflecting strategic and operational advancements from a Chief Executive Officer's lens. \*\*Strategic Drilling Program\*\*: The newly initiated 9,500m drilling program targets the Severn and Queen Hill deposits with dual objectives. It aims to upgrade additional resources to the Indicated category and extend mineralization along the trend. This approach underscores a thorough resource validation and potential expansion. \*\*Comprehensive Data Collection\*\*: The drilling will provide crucial metallurgical data, aiding in optimizing ore sorting, plant sizing, and tailings management. Additionally, collecting geotechnical and hydrological data is essential for precise mine planning and design, which is critical for the Pre-Feasibility Study \(PFS\). \*\*Exploration Potential\*\*: The program will facilitate down-hole electromagnetic surveys \(DHEM\) to identify further exploratory targets, enhancing both current resource definitions and the potential discovery of new mineralized zones. \*\*Updated Scoping Study\*\*: Stellar Resources is updating its 2019 Scoping Study to incorporate the 2023 Mineral Resource Estimate of 7.48Mt @ 1.04% Sn. The updated study, slated for release this quarter, is a strategic step towards an aggressive PFS workplan. \*\*Sustainable Mining Practices\*\*: The detailed preparation of additional technical data for tailings storage and ore body variability reflects a proactive approach to sustainable and efficient mining practices. This preparation aligns with industry standards emphasizing environmental, social, and governance \(ESG\) considerations. In summary, Stellar Resources' announcement highlights strategic and operational initiatives aimed at progressing the Heemskirk Tin Project towards development readiness. The combination of resource upgrading, exploration expansion, and meticulous preparatory work for the PFS showcases a robust growth strategy focused on enhancing resource confidence and operational efficiency.
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Variscan Mines (ASX:VAR) is pleased to report further high-grade zinc intercepts from the ongoing underground diamond drilling program at the San Jose Mine, near Novales, located in Cantabria, northern Spain. Highlights include: • More strong assay results received from current underground infill and extensional drilling campaign at the San Jose Mine • Significant drilling results include: o NDDT033 14.10 m @ 5.31% Zn, 0.44% Pb o NDDT032 11.00 m @ 6.66% Zn, 0.72% Pb o NDDT034 4.65 m @ 5.49% Zn, 0.14% Pb o NDDT035 4.00 m @ 5.92% Zn, 0.26% Pb • Results indicate significant mineralisation intersected outside the existing Mineral Resource Estimate model delivering growth potential • Drilling successfully tested new structural targets defined from recently completed structural geology study • Upscaled underground drilling will continue targeting previously untested south west extensions of San Jose Mine and into the Udias Mine complex • All new drilling results are to be incorporated into the Mineral Resource Estimate update planned later in CY2024 To learn more please read the full ASX announcement: https://lnkd.in/gMUSYMmH
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A 1,200m RC drilling program has commenced at our Kempfield Polymetallic Deposit in NSW. The objective of the RC drilling campaign is focused on the following: ▶ The program aims to expand the current resource footprint along known barite extensions from the Lode 200 mineralised zone ▶ All exploration drillholes will be collared outside the current resource area The drill programme is estimated to be completed within 3 weeks. Managing Director, Pedro Kastellorizos “Argent is pleased to announce that we have received NSW Regulator approval for an RC drilling campaign over Argent’s Flagship Project, Kempfield Deposit in NSW. The project area has delineated significant walk-up drill targets yet to be systematically drill tested from previous ground exploration programs. Based on structural, geological, geochemical, and historical drilled mineralised intersections, Argent has identified several untested zones which have excellent potential to host gold, silver and base metal mineralisation”. “These areas have been selected as part of a broad scope to test the already defined ore shoots that constitutes the current JORC Resource Estimation over Kempfield. We have advanced the Company’s strategy by identifying priority target areas which have the potential for delineating undiscovered mineralisation. The Kempfield Project still remains on track for further resource expansion based on numerous geochemical and geophysical targets which remain completely untested from previous historical exploration”. Read the full ASX announcement: https://lnkd.in/gjy3cbWc #ARD #exploration #drilling #silver
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🛎️⛏️LITHIUM EXPLORATION UPDATE Drilling approvals underway at Yellowknife and fieldwork commenced in NW Ontario ▶️Drilling approvals underway for Narryer’s Big Hill Project, directly along strike from recent positive drilling at Li-FT Power’s (TSX-V: LIFT) BIG Lithium Project ▶️Field follow-up at Big Hill of potential pegmatite dykes identified along strike from known Li mineralisation ▶️Recent geological study generates new lithium targets at Sapawe and Zircon Lakes Projects in NW Ontario ▶️Fieldwork has commenced at Sapawe with Zircon Lake to follow ▶️On ground capability confirmed with local geological consultants Managing Director Dr Gavin England said - “Narryer Metals Limited has been progressing its Canadian Lithium Projects, with an on-ground team beginning fieldwork at the Sapawe Property in NW Ontario this week. The objective of this program is to identify LCT pegmatites in the field for sampling. We will then switch focus in mid to late May to the Zircon Lake Property, which is a true frontier opportunity, with all the geological ingredients required for lithium mineralisation, but in an area with no previous exploration. In addition to our NW Ontario work, the Company has begun the process of drill permitting at Big Hill, Northwest Territories. Big Hill has identified lithium mineralised pegmatites that we plan to drill this year as soon as all the approvals are received. This follows some outstanding results from the recent drilling by Li-FT Power (TSX-V: LIFT) which confirms strong mineralisation right to the claim boundary with our Big Hill Project with targets potentiality along strike on the Narryer ground. We are looking forward to a positive outcome at our General Meeting of Shareholders on the 20 May to complete the acquisition of the Yellowknife Projects. The Company has also completed work on LIDAR data collected last year over the Big Hill lease area, which has identified potential new pegmatite dykes along a known lithium mineralised trend. The Company will follow up in the field once the season breaks around June.” #lithium #exploration #asxnews #criticalminerals #investing #stocks #NYM
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Anson Resources Ltd (ASX:ASN, OTCQB:ANSNF) has completed drilling the Bosydaba#1 Well to a vertical depth of 3,416.81 metres (11,210 feet) at the Green River #Lithium Project in the Paradox Basin of south-eastern Utah, USA. Drilling the Leadville Formation to a depth of 11,210 feet at Bosydaba#1, which is on recently purchased private property, completed the company’s Green River exploration program and is the first phase of the Green River JORC mineral resource definition plan. The drilling intersected the limestone units at a depth of 3,191.26 metres (10,470 feet) and was stopped before penetrating through the Leadville Formation. This indicates that the Leadville Formation, Mississippian Unit is likely to continue deeper than the recorded depth of 3,416.81 metres. More at #Proactive #ProactiveInvestors #ASX #OTCQB #ASN #ANSNF #LithiumBrine #LithiumExtraction #BatteryMetals #CriticalMinerals http://ow.ly/20rJ105qev5
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Anson Resources expands portfolio of lithium brine projects in Paradox Basin, Utah Anson Resources finds that clastic zones at Green River Lithium Project are deeper and thicker than Paradox This drilling comes after the casing and cementing of the 'intermediate' drilling section to a depth of 7,500ft at the Bosydaba#1 well, which is on the recently purchased private property at the Green River Project. Drilling began to intersect the salt layers and the clastic zones of the Pennsylvanian Formation at a depth of 6,188ft, with the speed of drilling having increased since drilling through this softer salt and clastic zone commenced. The 'production' phase is expected to intersect the targeted clastic zone horizons at around 8,800ft. This drilling program is the first phase in Anson's JORC mineral resource definition plan. https://lnkd.in/dm4h8VWf
Anson Resources finds that clastic zones at Green River Lithium Project are deeper and thicker than Paradox
proactiveinvestors.co.uk
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American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) is pleased to announce the completion of the detailed “Technical Report of Exploration and Updated Resource Estimates of the Halleck Creek Rare Earths Project” compiled by ARR, which includes updated Resource estimates under the 2012 JORC code. Results of the Sept/Oct 2023 exploration program and additional surface sampling and geological mapping at Halleck Creek provided data to increase in-situ resource estimates to 2.34 billion tonnes at a grade of 3,196 ppm TREO. This is an increase of 64% in in-situ tonnes compared to the Sept/Oct 2023 maiden resource estimate for Halleck Creek. The full technical report is available on the Halleck Creek tab on our website. American Rare Earths CEO, Donald Swartz, commented on the results: “These results are illustrative of the enormous potential of the project when the resource increases 64% during a developmental drilling campaign, which increased measured/indicated resources 128%. Typically, you’ll see the resource decrease as infill drilling takes place – instead we’re seeing the opposite, with only 25% of the project being drilled to this point. The low-cost mine plan when combined with the breakthroughs around metallurgy have increased our confidence and excitement about this world class deposit. At 27% MREO, we look forward to releasing the results of the scoping study that is nearing completion.” Read more: https://lnkd.in/gg6kZedU $ARR Ken Traub John Mansanti Geoffrey Hill Christopher Gibbs Melissa Sanderson Sten Gustafson Paul Zink Donald Swartz Dwight Kinnes Jose A. Rico Wayne Kernaghan SUSAN ASSADI
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American Rare Earths Limited (ASX:ARR, OTCQB:ARRNF) has taken a key step to progress its strategy to supply in-demand #CriticalMetals domestically in the US with the 2024 drilling campaign underway at the Cowboy State Mine (CSM) area of the Halleck Creek Rare Earths Project in Wyoming. The 23-hole program will contain 11 HQ core holes and 12 reverse circulation (RC) holes with a planned total of approximately 2,670 metres, including 1,590 metres in the core hole drilling. This first stage of infill drilling will allow the company to upgrade resource estimates at CSM while providing key data for pit design, environmental baseline studies and additional ore material for metallurgical test-work. American Rare Earths chairman Richard Hudson said: "This drilling program marks another significant step forward in advancing the project towards pre-feasibility analysis..." More at #Proactive #ProactiveInvestors #BatteryMetals #CriticalMinerals #RareEarthElements http://ow.ly/xl7Z105AGPS
American Rare Earths sets drill spinning for 2024 campaign at Cowboy State Mine area
proactiveinvestors.com.au
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Great Southern Copper ups exploration target ahead of Mostaza drilling greatscopper #LSE #GSCU. Great Southern Copper PLC (LSE:GSCU) told investors it has expanded its drilling target at the Mostaza copper-silver-gold mine, within its Cerro Negro project in Chile. It has recognised significant additional copper-silver mineralization zones in historical drill-hole and surface sampling data, and as a result increases the scale of the target for its upcoming maiden drilling programme. Historical drilling included 25 diamond holes, totaling 1,024 meters, with many intercepts displaying copper grades above 1%. The company noted that modern modelling of data has... http://ow.ly/VoC7105HuCO
Great Southern Copper ups exploration target ahead of Mostaza drilling
proactiveinvestors.co.uk
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“The Machichie West target has never been previously tested by drilling, but previous trenching produced encouraging results including 96.5m @ 0.6 g/t gold and 138m @ 0.5 g/t gold. Following the recent success of near-surface drilling at the Machichie NE target where RC421 recently returned 11m @ 33 g/t gold, this maiden reconnaissance drill program at Machichie West was designed to follow up surface trench results and define the near surface potential for additional oxide resources. The results from hole RC439 look particularly encouraging and may indicate the presence of another new zone of gold mineralization which extends to surface. As with recent results from the Machichie Main and Machichie NE zones, these results indicate the presence of additional near surface gold-in-oxide mineralization in close proximity to the MG gold deposit.” -- Alan Carter, President & CEO “The drilling at Machichie is still widely spaced and there some large gaps, but it appears that Machichie West is the westward continuation of the major E-W trending structural zone coming out of Machichie Main zone. Mineralization is still open to the west as well as the east where we have a large gap in drilling between Machichie West and Machichie Main. The overall Machichie trend has now been defined as over 1.5 kilometres long, and given the proximity to MG, Machichie could provide significant upside to the overall gold-in-oxide development project.” -- Brian Arkell, VP Exploration and Technical Services https://lnkd.in/dKJQSXmD
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