NewsRamp®’s Post

Great Southern Copper PLC (LSE:GSCU) (GSC) said it has completed scout drilling at Abundante with drilling now underway at Teresita.  Both prospects are within the company’s #Especularita copper/silver project in the coastal metallogenic belt of northern Chile. At Abundante, six reverse circulation (RC) holes were drilled for a total of 484 metres with copper visually identified in four holes. Assays have been sent for testing. Teresita’s RC programme will target high-grade #gold and copper mineralisation associated with quartz-carbonate vein-breccias. Sam Garrett, GSC chief executive, said: "Preliminary target-concept drilling is now completed for the Abundante mine prospect where the company is targeting high-grade copper associated with #tourmaline breccia. "All of the drill chip samples are at the laboratory and we look forward to updating the market on the results when they become available. More at #Proactive #ProactiveInvestors #LSE #GSCU #GreatSouthernCopper #Mining #driling #copper #gold #silver #chile http://ow.ly/UI3U105aV7u

C3 Metals Inc. (TSXV: CCCM) has provided an update on 2023 #exploration results and strategy for 2024 at its 100%-owned #copper #gold projects in Jamaica, with exploration work confirming six porphyry and over 40 epithermal copper-gold prospects along a 30-kilometre (km) strike extent.  The #mineral exploration company also said drill holes completed during 2023 highlight significant porphyry potential that remains open at depth and along strike, including the broadest zone of porphyry copper-gold mineralization ever drilled at Bellas Gate that intersected 390.7 metres (m) of 0.37% copper and 0.19 grams per tonne (g/t) gold from 64.1m.  "We have up to 20,000m of drilling planned for 2024, and our immediate focus is a 4km trend of copper-gold mineralization at the Bellas Gate project that is open in multiple directions and to depth," C3 Metals CEO Dan Symons said in a statement.  More at #Proactive #ProactiveInvestors http://ow.ly/bICB1058hh1

Intrepid Metals Corp. (TSXV: INTR) (OTC: IMTCF) shares were up almost 19% on Wednesday after the company reported high-grade copper results at the Corral copper property in Arizona. Drilling intersected significant mineralization, including 105.2 meters of 1.17% copper and 48.9 meters of 2.24% copper near the surface. The first 12 diamond drill holes of the program unveiled a three-kilometer trend of near-surface carbonate replacement and supergene enrichment oxide copper-gold-silver-zinc mineralization in the Holliday, Earp, and Ringo zones, according to a statement from the company. The drill program is the first at the Cochise County, Arizona-located property. Ken Brophy, CEO of Intrepid, told investors that the results “(confirm) our confidence in the economic potential of the property," citing the robust CRD-style mineralization and high-grade intervals of copper-gold-silver-zinc.... More at #Proactive #ProactiveInvestors http://ow.ly/tlXw105rqTF

C29 Metals (ASX:C29) completes inaugural RC drill programme at Mayfield Copper-Gold Project in Mt Isa Inlier, citing extensive alteration and notable copper sulfide mineralisation in three settings ⛏️ "We remain excited with observations from our maiden drilling at Mayfield, with extensive intense alteration encountered in most holes drilled, and significant visual copper sulfide mineralisation observed in three separate settings" "As an initial test of prospective ground for IOCG-style mineralised systems we are already seeing significant widths of copper mineralisation in drilling, underlining the potential for fresh discoveries to be made at Mayfield. We look forward to announcing results from drilling in early February, and for the last two holes in early March" - C29 Metals Executive Director Jeremy King #C29 #ASX #ASXNews #Investing #Mining #Chalcopyrite #Copper #Gold Subscribe to the weekly Stock Market Newsletter www.themarketbull.com.au https://lnkd.in/gubA8YPM

Pan Global Resources Inc. (TSX.V: PGZ I OTCQX: PGZFF)) Escacena Project continues to deliver value-enhancing results with news today that the Company has intersected 1.6% copper over 9.7 meters and confirming continuity of La Romana copper-tin-silver discovery to over 1.4km – and uncovered a new, higher-grade 1%+ copper sector.     Results from nine new drillholes were reported from the discovery in the Company’s 100% owned Escacena Project in the Iberian Pyrite Belt, southern Spain, a prolific polymetallic volcanogenic massive sulphide (VMS) district and tier one mining jurisdiction. The significance of these drill results: -      The near surface copper mineralization is extended more than 50m west and is now continuous for a total strike length of 1.4km, remaining open for further expansion along strike to the northwest and down-dip -      A new higher grade (1%+ copper) sector has been identified with grades ranging as high as 7.7% copper over 1.7m. This mineralization is coincident with a 290m x 90m down-hole electromagnetic (DHEM) target, providing a strong guide to potential extensions for future drilling The drillholes released today are part of a 25-hole program aimed at delineating the western extension of the La Romana deposit.   Get the full story in our release: https://bit.ly/3H9nyNN. #PanGlobalResourceds #MininginSpain #EscacenaProject #LaRomana #copper

Kali Metals Ltd (ASX:KM1) has fielded positive results from the first round of reverse circulation (RC) drilling at the Spargoville Project in Western Australia, hitting up to 4 metres at 1.96% #lithium oxide (Li2O) within a larger intersection of 10 metres at 0.85% from just 7 metres. The drilling program also returned another notable result of 9 metres at 1.11% Li2O with a high-grade component of 5 metres at 1.73% from 10 metres. This program was designed as an initial reconnaissance effort to test multiple outcropping pegmatites and improve Kali’s overall understanding of the geological controls on the tenure. It confirmed that #spodumene (hard rock lithium) mineralisation is present in several shallow dipping pegmatite dykes, with numerous lithium-caesium-tantalum (LCT) hits from the Flynn-Giles prospect. More at #Proactive #ProactiveInvestors #LithiumMining #BatteryMetals #CriticalMinerals #HardRockLithium http://ow.ly/skqu105A4nt

Cooper Metals Uncovers Potential Gold-Copper Feeder System at Brumby Ridge (ASX: CPM) Managing Director, Ian Warland, commented: “The new drill assay results at Brumby Ridge are in line with visual results reported last month. Our new geological interpretation backed up by recent drilling and consultation, provides encouragement for investigating the potential for further crosscutting mineralised fault breccia zones that may have acted as feeder veins to the main NNW trending mineralised Cu-Au veins. Mineralisation remains open at depth and less than half of the identified strike length of the vein system has been drill tested.” “With the copper price near all-time highs and a healthy cash position, Cooper is excited to continue regional exploration focussing on the major NW trending regional Brumby Fault and its potential to host larger crosscutting mineralised fault breccia zones. We currently have teams in the field conducting important, targeted geochemical sampling and mapping over the area to delineate further drill targets.” Read our article below: https://lnkd.in/gcXrAwKK #copper #mining #exploration #asx

We are pleased to announce an exceptional intersection of high-grade copper at our Lana Corina Project in Chile! Results from ongoing drilling have returned 298m @ 0.98% CuEq from near-surface high-grade copper mineralisation.   Highlights ✅ Longest intersection of high-grade copper at Lana Corina ✅ Diamond drillhole CMLCD014: 298m @ 0.98% CuEq from 90m, open at depth ✅ Two wide, higher-grade zones:    - 78m @ 1.24% CuEq from 200m    - 68m @ 1.14% CuEq from 320m ✅ Drilling continues, currently at 700m ✅ Assay results for the next 242m expected in 2-3 weeks   Our Managing Director, Max Tuesley, commented: “This intersection is exceptional in terms of both length and grade, clearly demonstrating that the Lana Corina geological system is something very special. Results returned to date confirm the longest ever mineralised intersection at the Project. Importantly, these results represent just the upper 388m of the hole. Drilling is ongoing with the hole currently at a downhole depth of 700m. The extensive and rich mineralisation intersected so far, supports our strategy that additional drilling will lead to substantial increases in the Project’s scale. This is an exciting time for both our Company and our Shareholders, with what is emerging as a significant copper system in the Coastal Cordillera of Chile.”   Read the full announcement here ➡️ https://bit.ly/3VnU99g   Stay tuned for more updates as we continue to explore and expand this promising project!   #CulpeoMinerals #CPO #Copper #Mining #Chile #ASX #HighGradeCopper #MineralExploration #LanaCorina

Tennant Minerals has released its Activities Report for Quarter ended 30 June 2024.  Highlights include:   ◾ The 2024 #exploration season commenced, and the company completed its first #drilling program which comprised of 22 reverse circulation (RC) drillholes for 6,253m. The drilling successfully tested the eastern and western extents of the known high-grade copper-gold mineralisation at Bluebird and included the first new step out drilling towards the prospective Perseverance targets located 1.5km to the west of Bluebird. Samples from the drilling program have been submitted to Perth Laboratories and assay results will be collated and reported to the market on receipt. ◾ The Company received further results from ongoing metallurgical test-work of diamond drill core samples from Bluebird. Results from flotation test-work on bulk-samples, confirmed excellent flotation recoveries and high-concentrate grades of #copper and #gold. ◾ A successful capital raising of $4.78M was completed which ensures the Company can pursue its planned exploration drilling activities for 2024.   CEO Vincent Algar commented:   “This year’s drilling and field programs will be transformational for the Company as we progress towards defining a maiden Mineral Resource and commencement of development studies. All metallurgical test work has exceeded expectations. These activities will continue to define Tennant Minerals as a key player in the rejuvenated Tennant Creek Mineral Field – a field that has already produced over 5.5Moz of gold and 700kt of copper.” Read the full #TMS Quarterly Activities Report here: https://bit.ly/3WJdh3J

#ASXNews Encouraging Near Surface Copper and Gold Results Returned At Red Mountain Xanadu Mines Ltd is pleased to report encouraging #copper and #gold results across all four prospects drilled at the 100% owned Red Mountain Copper and Gold Project, in the South Gobi region of Mongolia. • Approximately 4,880m of discovery-focused diamond drilling completed across four prospects has encountered significant, shallow mineralisation warranting near term follow-up. Best intersections include: • EPITHERMAL GOLD EXTENSIONS AT TARGET 33 • 41m @ 1.07g/t Au from 34m (OUDDH128) Including 5m @ 2.67g/t Au from 38m And 6m @ 2.28g/t Au from 58m • 29m @ 0.54g/t Au from 4m Including 4.1m @ 1.39g/t Au from 18m (OUDDH130) • MAIDEN DRILLING FOR HIGH GRADE COPPER SULPHIDE LODES AT NOWIE • 8m @ 1% Cu and 0.12g/t Au from 267m (OUDDH134) • 14m @ 0.75% Cu and 0.26g/t Au from 113m (OUDDH136) #XAM’s VP Exploration, Dr Andrew Stewart, said: “We are very pleased with the latest results from the Red Mountain diamond drilling program which tested several shallow gold and copper targets. At Target 33 drilling continues to define multiple broad zones of near surface gold mineralisation that remain open a long strike, The first drilling at Nowie has been very encouraging returning broad intervals of copper and gold, including several narrower intervals of higher-grade copper demonstrating both scale and grade potential. These latest drilling results validate and refine our exploration models providing our exploration team with direction towards a significant discovery at Red Mountain. Follow up drilling is planned for the second half of 2024”. See the full announcement: https://loom.ly/A18ZfL8 #XanaduMines #MiningNews #ASX