#ASXNews Further Validation Of Gold Potential At Black Swan And Lake Johnston Poseidon Nickel Limited is pleased to provide an update on #gold exploration programs at Black Swan and Lake Johnston. • Gold bearing bedrock confirmed at Black Swan. - Multiple anomalous gold rock chip samples (grading up to 1.25g/t Au) returned from highly weathered quartz bearing shears exposed at surface. - Soil sampling program completed as well as additional rock chip samples collected across the tenement portfolio. - Assay results expected early next quarter with any defined anomalies to be followed up with high priority drilling programs. - Geological setting shown to be very similar to nearby gold mines including Kanowna Belle and Gordon Sirdar. • Lake Johnston copper-gold anomaly extended. - Initial soil results have successfully extended the Billy Ray Cu-Au soil anomaly into the largely untested Mantis tenement and the anomaly remains open to the North-East. - High priority soil sampling program to continue with completion expected this quarter. - Billy Ray Cu-Au soil anomaly and likely link to the mineralised Cu-Au drill intersection nearby supports the prospectivity of a larger Cu-Au system. - Planning for Flora and Heritage Surveys for drill testing at Billy Ray has commenced. #POS CEO, Brendan Shalders commented: “The Company is pleased with the recent series of exploration results as they continue to enhance the prospectivity for gold at both Black Swan and Lake Johnston. The low-cost exploration programs that are underway are important to defining drill targets to efficiently test the gold potential in these areas.” View full announcement https://loom.ly/XV9cK5o #POS #ASX #gold #goldnews #australianmining #juniorexplorer
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#ASXNews Gold Prospectivity Enhanced at Black Swan and Lake Johnston Poseidon Nickel Limited is pleased to provide an update of its #gold exploration programs across its three projects. Geological setting at Black Swan confirmed to be favourable for gold • Gold bearing structures identified throughout the geological sequence • Geological setting shown to be very similar to nearby gold mines including Kanowna Belle and Gordon Sirdar • 52 gold nuggets found so far from the interpreted gold bearing structures • Low-cost soil sampling program to be completed this month to better define the emerging gold trends. Anomalies identified will be followed up with drilling Felsic intrusive copper-gold system indicated at Lake Johnston • LJPD0032 intersection of 2.26g/t Au and 2.36% Cu confirmed as a mineralised felsic intrusive • Association of a broad, open ended, Cu-Au soil anomaly at Billy Ray and the likely link to the mineralised Cu-Au drill intersection beneath supports the prospectivity for a larger CuAu system • The Billy Ray Cu-Au soil anomaly is open and strikes into the newly acquired Mantis tenement, presenting a high priority opportunity to undertake a systematic, multi-element soil sampling program for the first time Windarra along trend of known gold mineralisation • Windarra is interpreted to contain strike extensions to the main mineralised gold trend which controls nearby gold camps – Lancefield and Beasley Creek • Promising gold in soil anomalies within the tenements and over this prospective corridor will also be followed up with modern day soil programs #POS CEO, Brendan Shalders, commented, “The recently reported gold anomalies at Windarra, the increased gold prospectivity at Black Swan and the growing Cu-Au potential at Lake Johnston all offer exciting opportunities to carry out low-cost, high reward exploration programs whilst maintaining our nickel resources and infrastructure options. “The pleasing progress reported today and planned programs remain consistent with our strategy to assess the greenfields potential for multiple commodities across all three of Poseidon’s projects.” See the full announcement: https://bit.ly/3YKQ5mZ #PoseidonNickel #ASX
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#ASXNews Poseidon Nickel Limited is pleased to provide an update on the #gold exploration programs at Black Swan. 🔹Reconnaissance soils sampling has identified several gold anomalies. 🔸Anomalies extend over multiple soil traverses (between 400m to 800m) along the interpreted gold bearing structures. 🔹Wilson’s Prospect – several positive coincident attributes established. 🔸A coherent gold anomaly defined (up to 54ppb Au) that is 1.4km by 1km in size and remains open to the south. 🔸The gold anomaly extents capture the locations of the previously announced gold nuggets and anomalous rock chip samples that graded up to 1.25g/t Au in gossanous quartz veins. 🔸Several historical gold drill intersections with assay results >1g/t Au, including 0.4m @ 6.41 g/t Au2 , are also located within the anomaly area, despite only 5% of all historical drillhole samples being assayed for gold. 🔸The layered indicators for gold potential at Wilson’s Prospect point to a highly prospective exploration target as evaluation programs continue. 🔹Gold exploration programs underway. 🔸High priority infill soil and further grab sampling programs are underway to better define soil trends at Black Swan. Infill results will be used to optimise drill targets. 🔸At Lake Johnston, maiden reconnaissance soil surveys have been completed across the newly acquired Mantis tenement and submitted for analysis - results awaiting. #POS CEO, Brendan Shalders, commented, "We are particularly excited about the gold targets that are presenting at the Wilson’s Prospect. Results of the separate work programs to date are showing several positive coincident attributes underpinning the prospectivity for the targets. These include the establishment of a large coherent gold in soil anomaly with a footprint that captures the locations of the previously reported gold nuggets, anomalous rock chip samples and historical drilling intersections grading up to 6.41g/t Au." VIEW Full Announcement: https://loom.ly/94AO42o #POS #ASX #goldnews #australianmining #juniorexplorer
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#ASXNews UPDATE ON GOLD EXPLORATION PROGRAMS Poseidon Nickel Limited is pleased to update the progress on its gold #exploration programs across Windarra, Lake Johnston and Black Swan. 𝗚𝗼𝗹𝗱 𝗿𝗼𝗰𝗸 𝗰𝗵𝗶𝗽 𝘀𝗮𝗺𝗽𝗹𝗲𝘀 𝗮𝘁 𝗪𝗶𝗻𝗱𝗮𝗿𝗿𝗮 • Rock chip samples located within established #gold in soil anomalies have returned up to 0.37 g/t Au and 12.9 g/t Ag • Results support the interpretation that Windarra contains strike extensions to the main mineralised gold trend which controls nearby gold camps 𝗟𝗮𝗿𝗴𝗲 𝗴𝗼𝗹𝗱 𝗮𝗻𝗼𝗺𝗮𝗹𝘆 𝗱𝗲𝗳𝗶𝗻𝗲𝗱 𝗮𝘁 𝗟𝗮𝗸𝗲 𝗝𝗼𝗵𝗻𝘀𝘁𝗼𝗻 • A large coherent 1.2km by 0.9km gold in soil anomaly (peak value 146 ppb Au) defined at Billy Ray remains open and untested by #drilling • The soil anomaly is located above the intersections of an interpreted 3km intrusive body, NNE trending structures, and dolerite dykes 𝗣𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 𝟲.𝟱𝗸𝗺 𝗴𝗼𝗹𝗱 𝗰𝗼𝗿𝗿𝗶𝗱𝗼𝗿 𝗶𝗱𝗲𝗻𝘁𝗶𝗳𝗶𝗲𝗱 𝗮𝘁 𝗕𝗹𝗮𝗰𝗸 𝗦𝘄𝗮𝗻 • Anomalous gold values returned in drill holes which have intersected the mineralised structure along the corridor with soil anomalies also identified on neighbouring tenure • Metal detecting program has recovered several small gold nuggets along the corridor with numerous historic shallow workings that are typical of repeated detecting phases • Prospective corridor is virtually untested by drilling, with only 5% of all previous drill samples at Black Swan assayed for gold #POS CEO, Brendan Shalders, commented, “Continuing with our strategy to assess the greenfields potential for multiple commodities (Ni-Li-Au) across our project portfolio, we have identified exciting prospective gold targets at all three of Poseidon’s projects.” View the full announcement: https://bit.ly/4fq9GyQ #PoseidonNickel #Lithium #Nickel #ASX
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Alto Metals Ltd (ASX:AME) has identified a promising #gold anomaly at Sandstone North prospect within the Sandstone Gold Project in Western Australia with soil sampling highlighting a 1-kilometre-long target. Four areas within the coherent anomaly returned gold of up to 100 parts per billion (0.1 g/t gold) at four different areas within the 1-kilometre zone, with the strongest gold-in-soil response correlating with anomalous pathfinder arsenic values. The combination of several prospectivity indicators, coupled with historical drilling results of up to 15 metres at 9.1 g/t gold from 82 metres with a high-grade component of 3 metres at 32.1 g/t from 94 metres of depth, make for a promising exploration target at Sandstone North. More at #Proactive #ProactiveInvestors #ASX #AME #GoldMining #MiningAustralia http://ow.ly/3Iro105nfTm
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#ASXNews SIGNIFICANT SULPHIDES INTERSECTED IN SEDIMENTARY BRECCIA AT COLOSSEUM GOLD MINE Dateline Resources Limited is pleased to provide an update on exploration at the Colosseum #Gold Mine in California. Drilling resumed at Colosseum in December 2023 with drill hole CM23-14 the first hole completed in January 2024. CM23-14 was designed to test the down plunge extensions to CM23-08 as well as test a revised sedimentary breccia model. • Diamond #drilling at Colosseum Gold Mine, California has intersected significant sulphides (pyrite, sphalerite, galena and minor electrum) over 133 metres. • Drillhole CM23-14 was drilled to test a revised geological model and expand upon the high-grade sedimentary breccia zone identified in CM23-08, which returned exceptional results of 76.2m @ 8.62g/t Au. • Core has been logged, cut, and sampled with priority analysis requested. Assay results are expected in 3-4 weeks. • An updated Mineral Resource Estimate (MRE) is expected to be released during the March quarter reflective of the recent drilling results (including CM23-14). #DTR’s Managing Director, Stephen Baghdadi, commented: “The objective of this drill hole was to test our current understanding of the revised geological model and extend the known high grade sedimentary breccia zone. The consistency of the 133-metre-wide sedimentary breccia intersection has exceeded our expectations and supports our current understanding of the geological model. “The 133-metre intersection contains significant sulphides within the breccia matrix and sulphide replacement of sedimentary clasts. This drill hole has extended the sedimentary breccia beyond what was identified in drill hole CM23-08 (76.2m @ 8.62g/t Au) and we have dispatched the samples for priority analysis.” Full announcement: https://loom.ly/PhvMRyU #DatelineResources #ASX
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#ASXNews +2km Bunarra Shear Zone Anomaly – Murchison Exploration Update Meeka Metals Limited is pleased to report results of ongoing field work at the Murchison Gold Project. • Mapping and surface sampling at Bunarra highlights a +2km shear zone, en echelon splays and associated gold-arsenic anomaly in an area of outcropping basement within the southern half of the Gnaweeda Greenstone Belt, part of the Murchison Gold Project (MEK 100%). • The shear zone remains open to the north and south where it is interpreted to extend under cover. • Outcropping gossanous quartz veins with brecciated textures, some associated with gold and/or arsenic, are observed throughout the area. • Historic workings, including shafts and stoping, are located along the shear zone and are associated with sheared tourmalinite within mafic rocks. • The gold-arsenic anomalism and shearing at Shaft 1 is coincident with interpreted en echelon splays intersected by historic drilling which returned shallow high-grade results: • 8m @ 21.99g/t Au from 114m including 4m @ 39.80g/t Au (BN003) • 1.6m @ 27.48g/t Au from 25.3m (BN004) • 1m @ 54.00g/t Au from 17.2m (BN004) • 6m @ 5.95g/t Au from 30m (BBP11) • 6m @ 2.65g/t Au from 78m (BN001) • 3m @ 4.10g/t Au from 24m (BBP2) • Work suggests that en echelon splays within the sheared central mafic unit are the principal host of gold mineralisation and provide multiple new and untested drill targets. • Follow up work is now underway to define the extent of this shear zone as well as drill planning to target interpreted en echelon splays. Commenting on this progress, #MEK Managing Director Tim Davidson said: “The team is making solid advances with their target generation work, which has been ongoing in parallel with the Murchison Gold Project infill drilling and approvals documentation submitted in the December 2023 quarter.” Full announcement: https://bit.ly/491N1VT #MeekaMetals #ASX
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Yandal Resources Ltd (ASX:YRL) has been highly encouraged by #gold intersections from two diamond-drilled holes at the New England Granite (NEG) prospect, part of the Ironstone Well-Barwidgee (IWB) Gold Project in the Yandal Greenstone Belt of Western Australia. The two holes were completed to collect important structural information about the rocks at NEG but struck notable gold mineralisation as well as fulfilling their original purpose. Yandal says the gold hits are highly encouraging given the early stage of the prospect and the large scale of the target area, demonstrating potential for mineralisation to occur in several different geological settings. Results graded up to 3.3 metres at 1.1 g/t gold from 345.3 metres of depth, including an intersection of 0.9 metres at 1.8 g/t gold from 347.6 metres. More at #Proactive #ProactiveInvestors #MiningAustralia #GoldMining #GoldStocks http://ow.ly/eHMn105JFcx
Yandal Resources hits unexpected gold in geological drilling at New England Granite prospect, IWB Gold Project
proactiveinvestors.com.au
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We've intersected untargeted high-grade copper and gold mineralisation at our Cleveland Tin Project in Tasmania. The diamond drill hole, C2123, was planned to target extensions to known tin, copper, tungsten, and fluorite mineralisation. It intersected a narrow zone of high-grade stratiform copper sulphide and gold mineralisation at a downhole depth of 111.0m, with grades of 𝟵.𝟳% 𝗖𝘂, 𝟱.𝟭𝟱𝗴/𝘁 𝗔𝘂, 𝟭𝟴𝗴/𝘁 𝗔𝗴, 𝗮𝗻𝗱 𝟭.𝟯𝟱% 𝗭𝗻. This discovery is significant as it was drilled from a new location and orientation compared to historic exploration drilling. The mineralisation consists of semi-massive, laminated pyrite, pyrrhotite, and chalcopyrite within fine-grained sediments between two mafic volcanic units. This mineralisation differs from the main Cleveland tin/copper mineralisation, being interpreted as primary and stratiform in nature, dominated by copper and gold with no detectable levels of tin. Managing Director Joe David commented: “This un-targeted high-grade copper and gold drilling intercept confirms Elementos’ understanding that the Cleveland Project is a highly mineralised project with high prospectivity for further mineralisation existing outside the defined Mineral Resources. Whilst we were not currently focussed on exploring for gold or copper, these results demand further evaluation which we will conduct following the completion of the hole.” “Elementos remains focussed on continuing the drilling towards our Tin, Copper & Tungsten Mineral Resources. The company will explore for extensions to the semi-massive sulphide mineralisation by carrying out a downhole electromagnetic survey on hole C2123 upon the completion of the Foleys Zone (Tungsten) deep diamond drill hole.” "We also remain enthused at the potential for further mineralisation to be intersected before reaching the tungsten targets.” Read the full ASX Announcement: https://lnkd.in/gDs3YjwH #Elementos #ELT #ASX #ASXnews #Exploration #Drilling #Tin #Copper #gold #Tungsten #fluorite #MiningNews #Resources #Tasmania
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We're pleased to announce we have appointed external consultants to conduct a structural targeting analysis program of the high grade gold mineralisation potential of the Edleston Gold Project. The initial focus of the program is the evaluation of the High Grade Hangingwall and Edleston East Targets. Both of these targets have substantial high grade gold intersected. Highlights: 🔷Drilling by Aston at Edleston East previously returned 1.5m at 1,356g/t Au from 362m including 0.5m at 4,060g/t Au (DDED21-003) 🔷High grade drilling results from the Hangingwall Target include: ▪️ 5.3m at 42.44g/t Au from 111m (SL-12-86) ▪️ 3.3m at 57.4g/t Au from 207.4m (SL-12-129) ▪️ 1.5m at 15.74g/t Au from 298.15m (SL-13-158) ▪️ 2.03m at 11.11g/t Au from 79m (DDED21-015) 🔷Exploration targeting program aims to identify the potential extension orientations of these particularly high grade targets 🔷Results of targeting program and work program plans to be released to market upon completion 🔷 Previous metallurgical testwork showed recoveries of gold in the range 89 - 93% using a combination of conventional gravity and CIP/CIL 🔷Project is located proximal to IAMGOLD’s Cote lake and Almos Gold’s Young-Davidson Gold Mines Managing Director, Russell Bradford, commented: “With such high grade gold being intersected from two discrete target areas within the Edleston Project and the recent significant appreciation of the gold price, the Company is seeking to understand what the scale potential of these targets are. “A significant exploration effort was previously made by Aston towards the gold potential at Edleston prior to the Company’s strategic decision to focus on the nickel potential in 2021. The Company has a wealth of previous mapping, geophysics and drilling data which will be re-evaluated in order to update our understanding of the geology and extent of gold mineralisation. “We will be ready to get the drill rigs turning on site pending the results of the evaluation.” 🗞️Read the full ASX announcement here: https://lnkd.in/g5H74PUn #ASO #AstonMinerals #gold #Canada #ASXnews
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#ASXNews SIGNIFICANT HIGH-GRADE ROCK CHIPS RESULTS FROM COGNAC WEST, WA Dynamic Metals Limited is pleased to provide an update on #gold exploration activities on its Goldrush tenement (E15/1753), which includes the Cognac West prospect, part of the broader Widgiemooltha Project located in the Western Australian goldfields. HIGHLIGHTS ➖39 rock chip sample #assays from priority #gold prospect Cognac West, where three soil anomalies were recently identified, have returned high-grade results including: 🔸 2,040g/t Au in DM1007 🔸 53.1g/t Au in DM1010 🔸 5.91g/t Au in DM1006 🔸 8.95g/t Au in DM1008 🔸 3.27g/t Au in DYM2424091006 ➖Infill soil sampling has commenced to refine drill targets for 2025 ➖Dynamic well-funded for exploration with a cash balance of $5.3M2 #DYM Managing Director, Karen Wellman, commented: "We are thrilled with these bonanza rock chip results as they robustly reflect the mineral prospectivity that our exploration ground holds. One of the best pathfinders for #gold is the presence of gold itself and it would appear we have exceptional potential for further discoveries at our aptly named Goldrush tenement. “The area now has multiple indicators pointing to potential significant gold mineralisation at a time when the gold price has hit $4,000/oz, including our large soil anomalies, these latest rock chip sample results and recent gold finds reported by prospectors. “We are extremely optimistic and excited about our ongoing exploration activities at Cognac West, with infill soil sampling currently underway to inform our drill target definition for testing in early 2025.” VIEW the Announcement: https://loom.ly/tbrpcZo #GoldNews #AussieGold #MiningAustralia #DynamicMetals #WAGold
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