Jorge Cirett’s Post

Silver Mines Ltd (ASX:SVL, OTC:SLVMF) is about to go in with the drills at the high-priority Bara Creek prospect, seven kilometres north of the company’s Bowdens Silver Project near Mudgee in Central West New South Wales. This will be the first drilling program at Bara Creek, a prospect that has shown significant potential for high-sulphidation epithermal mineralisation. The Bara Creek prospect was first identified in 1989 by CRA Exploration after stream sediment sampling returned anomalous gold, arsenic, silver, copper and antimony values. Despite the early identification of mineralisation, the prospect was subject to minimal exploration activity and there has been no prior drilling. In 2023, Silver Mines initiated a major fieldwork program, including geological mapping, geochemical surveying and ground-based gravity surveys. More at #Proactive #ProactiveInvestors #ASX #SVL #Mining #Gold #Silver #Copper #PreciousMetals #CriticalMinerals #BaseMetals http://ow.ly/SAMu105LpvE

Positive geological observations have been made from a maiden two-hole 798-metre drill program by Corazon Mining ASX:CZN (OTC:CRZNF) at the May Queen porphyry target within the Mt Gilmore Copper-Gold Project in northern New South Wales. Drilling intersected intense alteration and widespread low-level sulphide mineral assemblages within porphyritic intrusive rocks at geochemical and geophysical anomalies indicative of porphyry copper-gold deposits. These two holes delivered positive results with favourable porphyritic intrusive rocks and alteration intersected typical of a mineralised porphyry system. This initial core drilling program provided a first-pass test of what has been identified as a priority target for large porphyry copper-gold deposits and Çorazon considers that the results are encouraging. More at #Proactive #ProactiveInvestors #Gold #Copper #MiningAustralia #GoldStocks #ASX #CZN http://ow.ly/Myw3105KCS7

Kingfisher Mining (ASX:KFM) has a co-funded diamond drilling program underway at carbonatite pipe targets in the Mick Well Rare Earth Elements (REE) Project in the Gascoyne region of Western Australia. Three large carbonatite pipe targets at Mick Well have been identified below the company’s high-grade vein and dyke #REE mineralisation discoveries and these will be the focus of the planned program of two diamond drill holes for approximately 1200 metres. These carbonatite pipe targets were generated through three-dimensional modelling of gravity and magnetics data, with areas with more dense and more magnetic rocks identified from the geophysics. More at #Proactive #ProactiveInvestors #BatteryMetals #CriticalMinerals #RareEarthElements http://ow.ly/1YbR105Fsne

Eureka Zone Exposed at Surface ⛏️ Over the course of the 2024 summer exploration program, Delta was able to expose an eleven metre section of the Eureka Gold Deposit at surface through mechanical trenching The exposed section is located above the trace of drill holes D1-23-60 (1.79 g/t Au over 128.5 m), where overburden thickness was estimated to be manageable for excavators. The overburden thickness varied between 2.5 and 3.0 metres and the trench was halted when the thickness exceeded 3.0 metres. In all, the trench exposed a total of 11 metres of the zone across strike. A channel 4 cm wide was cut with a rock saw, averaging 8 cm deep for sampling. The zone was divided in 11 equal samples of 1 metre in length and sent to assay. The complete eleven metres of channel samples returned an average grade of 1.23 g/t Au. Although the drilling data already clearly indicated that the mineralization is present at surface, this new trench provides Delta's geologists with enhanced geological and structural information. 🔸TSX-V: DLTA | OTCBB: DTARF | Frankfurt: 6G01 🔸 #Mining #Gold #ThunderBay #Ontario #Investing Learn more ➡️ https://lnkd.in/grkWtd5X

FireFly Metals Ltd (ASX:FFM) has fielded promising geophysical results from downhole electromagnetic (DHEM) surveys, highlighting new high-grade copper mineralisation zones at its Green Bay project in Newfoundland, Canada. The surveys, conducted by Southern Geoscience, revealed off-hole conductors consistent with existing mineralisation and indicated potential new massive sulphide channels west of the Ming North zone. These findings underscore the continuity of both the copper-gold-rich Volcanogenic Massive Sulphide (VMS) lenses and the broad Footwall Zone (FWZ) stringer mineralisation well beyond the limits of current drilling. FireFly Metals has commenced drill testing of these anomalies, with results expected within weeks. More at #Proactive #ProactiveInvestors #ASX #FFM #Copper #Gold #PreciousMetals #BaseMetals #Mining http://ow.ly/WRam105IORw

American Rare Earths Limited (ASX:ARR, OTCQB:ARRNF) continues to uncover high-grade rare earth mineralisation at the Cowboy State Mine (CSM) area in Wyoming. The 2024 drill campaign, conducted by ARR’s wholly owned subsidiary, Wyoming Rare (USA) Inc, returned significant high-grade total rare earth oxides (TREO) within the western portion of the CSM deposit. Notable results include 172.4 metres at 3,716 parts per million (ppm) TREO, 51 metres at 3,390 ppm TREO and 30 metres at 2,203 ppm TREO. These assays are part of the first phase in the development of the larger Halleck Creek deposit, which holds a JORC-compliant resource of 2.34 billion tonnes containing 7.48 million tonnes of TREO. The campaign also marked the definition of the eastern boundary of the Red Mountain Pluton, with lower-grade results there. More at #Proactive #ProactiveInvestors #ASX #ARR #RareEarths #Mining #CriticalMinerals http://ow.ly/aaMw105Kvil

⛏️ Kula Gold Limited reports RC Drilling at the Company's Boomerang Gold Prospect will commence this week after the follow up round of geochemical sampling enhanced the previously defined #Gold anomaly within the Marvel Loch Project near Southern Cross WA. 🗣 Kula’s Managing Director Ric Dawson comments: “The second round of geochemistry has tightened up the gold soil anomaly for this very promising target in a proven mining district, Kula Gold has a RC rig mobilising to site, preliminary drill locations have been marked and will commence drilling over the next few days. In addition, the current GSWA 1:250,000 geological series map is different to what Kula Gold is now discovering and observing and now opens up major unidentified greenstone units for gold exploration potential in our large over 120km2 landholding.” ANNOUNCEMENT HIGHLIGHTS 🔘 Infill UFF soil sampling enhances the Boomerang gold anomaly to over 200m in length 🔘 Drilling approvals in place and RC drilling to commence this week 🔘 The newly defined gold anomaly sits in a magnetic low which is highly encouraging 🔘 Located along a NW 310-330o orientation within a magnetic low – the optimal configuration as most of the gold deposits in the Southern Cross Goldfields strike in the same direction. 🔘 Cross-cutting north-east (050o) structure in the vicinity of the geochemistry results contains a historical Kula Gold RC hole which had a result of 1m at 2.6g/t gold at 54m 🔘 Being 5km from the Marvel Loch gold processing plant and infrastructure, aligns with Kula Gold’s strategy of exploring near to existing operations to fast track any discovery to monetary success 🔘 Close to the historic multimillion ounce Marvel Loch area gold mines “the best place to discover a gold mine is near the headframe of a gold mine”. The Boomerang Gold Prospect is north of the Nevoria Gold Mine (+600,000 ounces gold), east of the circa 2.4million ounces Marvel Loch Gold Mine and west of the Mt Palmer Gold Mine (+150,000 ounces gold) all of which produced gold at more than 4 grams/tonne. ⚙️ Full Details: https://lnkd.in/gRJd9mnq #exploration #southerncross #mining #asxnews #investmentopportunity

🔊Exploration Progress As Drill Hole 1 Commences at Rio Grande Sur  Drillhole 1 or DDH-1 currently in progress at the Maria Magdelena tenement of the Rio Grande Sur Project. ▶️Drill hole expected to reach 500-600m+ in depth with results expected over the coming months. ▶️Stage 1 Drill Program currently underway to target resource growth to the existing inferred JORC resource of 251.3kt LCE @ 351mg/Li1 . ▶️Geophysical surveys shows high conductivity zones, highly prospective for lithium brines to depths of 250-500m which is below the current resource ▶️DDH-1 is in close proximity to historical shallow drill holes which yielded average grades of 395mg/Li and 391mg/Li in the first 50m. Read the announcement here: https://lnkd.in/g6Tc_8Gk Contact: Aaron Revelle #criticalminerals #drilling #exploration #lithium #lithiumbrines #Argentina #LithiumTriangle #development #mining

Magmatic Resources (ASX:MAG) is going to be back on the ground shortly at the wholly-owned Wellington North project in Central West NSW, immediately adjacent to some large and growing porphyry #gold-copper deposits. The Wellington North Project includes the historical Bodangora Gold Field, where 230,000 ounces at around 26 g/t #gold were produced between 1869 and 1917. Wellington North covers the northern extension of the Molong Volcanic Belt, north of Australia’s largest gold producer at Cadia (Newmont) and immediately adjacent to Alkane Resources’ 15.7-million-ounce gold-equivalent Boda-Kaiser porphyry gold-copper deposits. Magmatic has identified three key target areas for immediate follow-up - Boda Southwest, Lady Ilse North and Rose Hill - each with confirmed nearby porphyry gold-copper mineralisation but limited drilling history. More at #Proactive #ProactiveInvestors #ASX #MAG #Copper #Mining #BaseMetals #PreciousMetals http://ow.ly/jqtR105msMW

#ASXNews Up to 4,500m aircore drilling program set to commence testing priority greenstone-splay, fault-hosted #gold targets interpreted under cover at Metals Australia Ltd Big Bell North, along strike from the 5Moz Big Bell Mine and Garden Gully Projects in Western Australia’s world-class Murchison Gold Province. The Big Bell North tenements cover an extensive 337km2 area where little previous exploration has been carried out due to extensive regional soil cover and the historic lack of recognition of greenstone lithologies. Interpretation of recently completed aeromagnetic and gravity surveys has defined greenstone-splay fault priority drilling targets on both the eastern and western zones of the Big Bell North tenements.   CEO, Paul Ferguson, commented:   “The drilling program we are set to commence at our highly prospective Big Bell North gold project in Western Australia’s prolific Murchison Gold Province is the latest step in the Company’s aggressive push to unlock value from our suite of gold and critical mineral projects, which are all located in well-established mining regions in Australia and Canada.” Our Big Bell North project, where there has been no modern-day exploration, has advanced rapidly during 2024 on the back of a methodical, phased exploration approach from our geological team. This started with an extensive fixed wing aeromagnetic survey covering over 5,200-line km which yielded two interpreted shear zones of significance. We followed this up with detailed gravity survey work, which revealed the likelihood of greenstones within the shear zones. This is significant because gold mineralisation within the Murchison domain is often concentrated within such greenstone belts and is structurally controlled, thus enhancing the potential of the targets we are now set to drill.”   Read full #ASX announcement here: https://bit.ly/4hbK5uv