Metal Bank Limited (ASX:MBK)’s Post

#ORR’s fully funded, 7060m Phase 5 drill programme is ongoing at the Bakassi Zone 1 (BZ1) prospect, part of the Bibemi Gold Project in #Cameroon To date, 10 vertical holes have been drilled for approximately 1,244 metres at the main BZ1 MRE area. Samples from these holes are being prepared, with initial results expected in Q3-2024. Intersections of shallow-dipping and steeply dipping quartz and quartz-tourmaline veins show the potential for additional near-surface mineralisation within the existing open pit design limits. A further 27 holes have been planned at BZ1-MRE, focussed on expanding and upgrading the existing MRE. 25 holes are also planned at along-strike target areas BZ1-NE and BZ1-SW, where exploration to date has generated coincident geochemical and geophysical targets. #ORR has submitted an exploitation licence application (ELA) to the Cameroon Mines Ministry for review. The ELA, which is supported by various technical and economic studies, is required to secure the tenure of the licence as exploration and development activities continue.

The most significant intersections of lithium mineralisation were achieved by MRC08, MRC11 and MRC15. Map shows Cross-section CD of drill-hole MRC08. #ASX #Lithium #caesium #tantalum #pegmatites #exploration #angola $TYX #TYX

Xanadu Mines Ltd are at the Prospectors & Developers Association of Canada (PDAC) Convention in Toronto, meeting with investors and key stakeholders, at booth 2139. Our Executive Chair, Colin Moorhead and VP Exploration, Andrew Stewart look forward to a chat, to discuss latest #XAM insights, including: • Kharmagtai #copper #gold PFS, which is on track and on budget to deliver the best possible project, and • Growth-focused #exploration activities at our 3 high quality projects: 1. Kharmagtai deep and shallow discovery drilling continues at pace, targeting higher grade feed, and with the potential to be transformational, 2. exciting Red Mountain gold copper drilling to recommence soon in Spring, and 3. highly prospective Sant Tolgoi copper #nickel detailed mapping and geochemistry and geophysics starting in May. Convention schedule: https://loom.ly/CWQ-7SY #PDAC2024 #SustainableExploration #XanaduMines #growthstrategy #NewDiscovery #derisking #transformation #criticalminerals #futurefacingmetals #development #mininginvestment #CopperExploration #CopperInvesting #ASX #TSX

Pan Global Resources Inc. (TSX.V: PGZ I OTCQX: PGZFF)) announced today that surface exploration work has begun at the high-priority Bravo target in the Escacena Project, southern Spain. - Bravo is a large, untested gravity anomaly representing potential massive sulphide.   - It is located 1.5km along-trend from Pan Global’s La Romana copper-tin-silver discovery and is 4.5km southwest of the Grupo México controlled Aznalcóllar and Los Frailes volcanogenic massive sulphide deposits. - Gravity anomalies are coincident with the La Romana mineralization (discovered by Pan Global in 2019) and both Aznalcóllar-Los Frailes (copper, lead, zinc) and Las Cruces (copper) deposits. - The Bravo target has never been drill-tested. Learn more: https://bit.ly/4cRUsRg #copper #Spain #Andalusia #IberianPyriteBelt #Escacena #Bravo #largeanduntested

Finally we see some epithermal textures with actual mineralisation in them.

First hole of the 2024 exploration drill programme at the Barkly Copper-Gold Super Project in the Northern Territory has been completed. The first hole was designed to test part of the very large Pebbles IOCG target within the Georgina Project area. The hole was drilled to 645.21m depth and is logging of the hole is now in progress. The hole intersected the cover sequence and target basement rocks (predominantly altered intrusives) close to the predicted depthss. Broad zones of ‘redrock’ (haematite-feldspar) alteration and magnetite alteration consistent with the ICOG target concept were recorded with narrow intervals containing trace copper and iron sulphides. The drill programme has been awarded funding from the Northern Territory Government as part of the Resourcing the Territory initiative. Chief Executive Officer, Roland Bartsch commented: “The start to the drill program has progressed smoothly. While no visible economic mineralisation was intersected in the first hole, observed alteration and presence of minor copper sulphide is encouraging and a start from which to build as the first hole only tested a small part of the extensive Pebbles gravity anomaly that’s has several km’s extent. The presence of observed base metal sulphides in the cover rocks is also an interesting development that opens new exploration possibilities in shallower target positions”. Read the full ASX announcement: https://lnkd.in/gx28NVER #MDI #exploration #drilling #copper #gold #IOCG

We've expanded our portfolio by acquiring the Waterlander Project (E80/6046) in Western Australia's West Arunta region, adjacent to WA1 Resources Ltd's major Luni #niobium discovery. The region is known for its potential in niobium and rare earth elements. We aim to conduct ground gravity and geophysical surveys to identify drill targets related to magnetic features once the licence is granted. Additionally, detailed magnetic surveys will assist in mapping the concealed basement lithology. While the development of the Salta Lithium Project in Argentina remains our primary focus, the acquisition of Waterlander represents a strategic step in expanding our REE and niobium footprint, which includes the high-grade Dickson Well prospect in South Australia which returned a screened value of 14,152ppm (1.4%) TREO. Managing Director Mena Habib said, “The addition of the Waterlander Project is an exciting opportunity for Power to secure an early entry to an emerging world-class niobium province and complements the excellent REE results achieved from drilling at our Eyre Peninsula Project. Niobium is a key critical metal, and we look forward to commencing exploration and appraisal at the Project to gain a full understanding of the geological setting, so we can unlock its full value proposition.” Read the full ASX Announcement here: https://lnkd.in/gMqjQcEF #PNN #PowerMinerals #REE #rareearths #miningnews

Haranga Resources Ltd (ASX:HAR) completes eight termite mound infill grids at their Saraya Uranium Project in Senegal, increasing the total number of auger drilling targets to eleven. ☢️👏🏼 With 18,727 samples collected so far, six new grids are proposed, bringing the total to sixteen. Awaiting further auger drill results and a mineral resource update, the company continues to explore the prospectivity of the Saraya permit. Notably, five new targets are located at contacts between granite and Birimian age volcano-sedimentary units, highlighting the potential for shear hosted mineralisation in the Saraya corridor. 🇸🇳 "We previously announced the completion of Stage 1 of our four stage exploration process. The results announced here are from the Stage 2 program and further illustrate the prospectivity of the Saraya permit, with 11 Auger drilling targets produced from the 8 infill TMS grids completed, with a further 7 infill grids still to be completed. "Equally exciting is the fact that five of the new TMS Infill targets are located on contacts between granite and Birimian age volcano-sedimentary units. This geological setting adds potential for granite contact shear hosted mineralisation to the Na metasomatic model of the Saraya corridor of uranium anomalism, where the Company has already defined an indicated/inferred mineral resource of 16Mlbs @ 558 ppm eU3O8" - Managing Director Peter Batten ASX Announcement 🔗 https://shorturl.at/IO0rn #ASX #ASXNews #Investing #Exploration #Senegal #Uranium #U3O8 Hayley Corrigan

Australian Rare Earths(ASX: #AR3) is pleased to announce that #assay #results from its recent roadside hand auger sampling campaign have identified shallow, clay-hosted rare earth element (#REE) mineralisation extending 60 kilometers south of its Koppamurra Resource in South Australia. The program was designed to advance #exploration using a cost-effective, low-impact exploration technique targeting shallow, less than 2m deep, REE mineralisation on AR3’s southern tenements EL6942 and EL6943 AR3 Managing Director and CEO, Travis Beinke said: “Our regional exploration program has unearthed extensive shallow clay-hosted REE mineralisation extending a full 60 kilometers south of our flagship Koppamurra Resource. This discovery not only expands the potential footprint of our province significantly, but the presence of high-grade clays and noteworthy dysprosium content within the newly identified zone paints a very exciting picture for the future. Importantly, this auger program paves the way for follow-up exploration drilling in the southern tenements, solidifying our extensive province position." ASX Announcement: https://lnkd.in/gQPPWXky Travis Beinke Noel Whitcher Angus Barker Chris Cockburn Rick Pobjoy Tau Media Pty Ltd Jessica Lee (Holland) Fertig #rareearths #southaustralia #VIC #asx #media #resources #development #mining

Marmota Advances: Breakthrough in Saffron Deposit Review - Unveiling High-Priority Drill Targets In a significant milestone for the #JunctionDamUraniumProject, #Marmota has successfully completed the initial review stage at the #Saffron deposit. This milestone marks a pivotal moment in our relentless pursuit of unlocking the potential of #uraniumresources. Through #meticulousexploration and analysis, Marmota's expert team has pinpointed four new high-priority drill targets strategically located in the north, east, and south of the Saffron deposit. This discovery not only expands our exploration scope but also amplifies the potential for substantial uranium reserves in these targeted areas. The success of our exploration efforts is underscored by the detailed #stratigraphicmodelling undertaken at the Saffron deposit. The geological analysis has revealed an environment exceptionally favorable for #uraniummineralization. This not only substantiates our optimism but also positions Marmota at the forefront of leveraging strategic opportunities in #uraniumextraction. Visit here at https://lnkd.in/gTa8BJMe #uraniumconcentrates