Proactive’s Post

Larvotto Resources Limited Strikes Exceptional 31m at 65.8 g/t Gold at Hillgrove (ASX: LRV) Managing Director, Ron Heeks, commented, “The drilling program at Bakers Creek yielded exceptional high-grade intercepts, returning significant high-grade results. This work highlights the wealth of mineralised structures within the Hillgrove field. Bakers Creek has historically produced over 300,000 ounces of high-grade gold. From our interpretation of these mined areas, we concluded there should be further extension to the ore shoots. “The standout result of 31m at 65.8 g/t Au has clearly demonstrated that the mineralisation does extend to depth while maintaining excellent grades. We believe that other adjacent mineralised zones will also extend to depth in a similar way, and we look forward to testing these with upcoming drill programs, providing confidence that we can add further resources at Hillgrove from deeper zones. These stunning results also provide the Company with positive momentum as we near completion of the metallurgical study and the release of our initial Ore Reserve Estimate for the Hillgrove Project.” Read our article Below: https://lnkd.in/gx4hzW_N #gold #mining #exploration #asx

Exploration results are just the tip of the drill bit, bringing this data together takes time, skill, and lots of data to paint an accurate picture of a deposit. Costmine Intelligence makes the #data of mineral exploration readily available on its platform, detailing drill results, geology, property history, and much more to help complete the picture of a mineral property. The Northern Miner's Alisha Hiyate uses the Mining Intelligence platform to highlight the best #gold assays for the week of Jan. 12-19. You can check out the latest results here: https://lnkd.in/gFA_quVN Companies mentioned: Lumina Gold Snowline Gold Corp. (TSX-V:SGD)(OTCQB:SNWGF) Collective Mining Tudor Gold Corp. Calidus Resources Limited Dolly Varden Silver Corp. ATEX Resources (TSXV: ATX) Aurion Resources Ltd. B2Gold Corp. Pantoro Nevada King Gold Corp. #mining #data #mineralexploration #gold #metals #minerals

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

#ASXNews Tennant Minerals is set to commence its next drilling phase at the high-grade Bluebird #copper-#gold discovery in the upcoming Northern Territory dry season. • The new targeted #drilling program will include testing of multiple targets within an expanded 2.5km strike length mineralised footprint, including the Perseverance Target - 2km west of Bluebird. • The Bluebird discovery is part of a highly-prospective, copper and gold bearing ironstone-hosted system with multiple untested sub-surface drilling targets. Drilling to date at Bluebird has identified copper-gold mineralised ironstone over the entire 800m strike length tested to date, which remains open in all directions.   • Part of this new drilling program will test the Perseverance ironstone target, 2km west of Bluebird, where interpretation of gravity and magnetic models has identified a major target beneath high-grade gold results in historical drilling. These results include: • 3m at 43.2 g/t Au from 72m in PERC001, • 3m at 50 g/t Au from 42m in PERC015, • 1.5m @ 8.2 g/t Au from 62.5m in SHDH86 in 42m ironstone intersection   • The drilling at Perseverance will be carried out in conjunction with further testing of multiple extension and repeat targets at Bluebird, where recent outstanding results include: • 61.8m at 2.3% Cu, 0.4 g/t Au from 149.2m (downhole) in BBD0045, which included an impressive massive sulphide-bearing zone of 13.2m at 9.6% Cu, 1.51 g/t Au.   • Further drilling is also planned to delineate the shallower high-grade zone at Bluebird, which includes previous results of 17.95m @ 11.1 g/t Au, 2.7% Cu from 131m downhole in BBDD0026, including a bonanza intersection of 5m @ 38.6 g/t Au, 6.1% Cu.   • The outcomes of this drilling will be combined with the results of metallurgical test-work currently in progress to produce a maiden Mineral Resource model for the Bluebird discovery.   #TMS’ CEO Vincent Algar commented: “After the significant progress made at the Bluebird copper-gold discovery in 2023, our geological team is looking forward to launching our next drilling campaign as soon as the rainy season ends in Tennant Creek in the Northern Territory. "The Tennant Creek Mineral Field, which historically produced more than 5.5Moz of gold and 700kt of copper, is enjoying a resurgence of interest with multiple companies active in the area, primarily due to renewed investor interest in copper and gold and the high potential for new discoveries”. Full announcement: https://bit.ly/3PaubDV #TennantMinerals #exploration #ASX

EuroPacific Metals, led by CEO Karim Rayani, has announced an expansion of its drilling program at the Miguel Vacas mine area. The company will extend an additional drill hole to a depth of 350 meters, targeting the high-grade zone below the fourth hole where a mineralized section was previously intersected. This new hole will also explore an area approximately 80 meters north, where earlier results revealed a 22.8-meter section grading 2.76% copper, including a 9.0-meter interval grading an impressive 7.49% copper. Rayani explained the decision to extend the program, aiming to test the 'fresh' mineralization below the oxidized rich material in the same section as hole EBMV004, which encountered a wide mineralized section. The mineralized system at Miguel Vacas extends for at least 2 kilometers along strike and remains open at depth, including an 80-meter supergene blanket containing copper carbonates, phosphates, and oxides transitioning to a sulphide assemblage primarily composed of chalcopyrite and pyrite. With 10 holes totaling 1,060 meters completed to date, this expanded drilling program underscores @europacificmetals' commitment to thoroughly exploring and developing the Miguel Vacas copper deposit, with the goal of uncovering substantial resources and enhancing the project's overall value. #mining #exploration #copper

Cascada (CSE:CSS) starting to move up in share price as they introduce the assets to the market. What people are starting to realize is the base case is copper oxide tonnage and if you look at the historic drilling you are getting a pretty good base case while testing the Porphyry target at depth. Highlights from the drill programs include: 82 metres grading 0.91% total Cu, 0.67% soluble Cu (hole SE1, Empresa Nacional Minera); 41 metres grading 2.3% total Cu (hole ST2, C.M. Andrés); and 56 metres grading 0.82% total Cu, 0.64% soluble Cu (hole GR5, SLMG). I suspect there is some intelligence one can gather from the small scale miner on the property depending on the depth that they are currently mining at. Good luck to all. Do your own DD. I own this name and am expanding my position. https://lnkd.in/eBD5ccrY

#ASXNews Maiden Indicated Resource at Bulletin underpins production growth strategy Calidus Resources Limited is pleased to announce an updated Mineral Resource estimate for the Bulletin deposit of 784,000t at 4.0g/t Au for 100,000oz. • Maiden Indicated Mineral Resource at Bulletin is 429kt @ 4.3g/t Au for 59,000oz • Updated Bulletin Mineral Resource is 784kt @ 4.0g/t Au for 100,000oz • Recently-completed diamond #drilling campaign to collect geotechnical data and structural data for future extensional targeting work returned: • Drill hole 24BTDD001 intersected visible #gold at 84.33m depth • Drill hole 24TDD002 intersected visible gold at 67.64m depth • Maiden Ore Reserve at Bulletin is imminent • Bulletin is a priority to commence mining in H2 CY2024 as it has the potential to deliver a significant step-change in Calidus’ production profile at Warrawoona #CAI’s Managing Director Dave Reeves said: “This high-grade maiden Indicated Resource at Bulletin is significant because it paves the way for substantial production growth at Warrawoona. “Bulletin highlights the benefits of our strategy to incorporate high-grade satellite deposits in the East Pilbara into the Warrawoona mill. This approach stands to deliver significant growth in production and mine life while leveraging our existing processing infrastructure.” Full announcement: https://loom.ly/DnkEQeU #CalidusResources #ASX

Sun Silver (ASX: SS1) has reported exceptional results from its inaugural drilling program at the Maverick Springs Silver-Gold Project in Nevada. The drilling has confirmed high-grade silver mineralisation beyond the existing resource, with standout results including: ⚒ MR24-186: 41.15m @ 126.75g/t AgEq, including 13.42m @ 331.76g/t AgEq ⚒ MR24-188: 54.86m @ 83.89g/t AgEq, including 10.67m @ 185.50g/t AgEq The discovery also highlighted the presence of critical antimony mineralisation, with concentrations reaching up to 1,845ppm. Gerard O'Donovan, Executive Director of Sun Silver, stated, “The impressive intercepts, particularly in MR24-186, not only extend known high-grade mineralisation to the north-west but also highlight the significant upside potential of this already globally significant project." Sun Silver’s continued success at Maverick Springs is a significant step towards unlocking the full value of this resource. #Mining #Silver #Gold #CriticalMinerals #Exploration #Nevada #ASS

Onyx Gold is thrilled to announce drill results from our latest drilling efforts at the Munro-Croesus Project in Ontario, showcasing our commitment to expanding and enhancing our exploration success. Here are some key highlights from the drill results: -Visible gold was observed in multiple holes with exceptional high-grade intersections, such as 52.06 g/t Au over 0.5 m in drill hole MC24-154. -The drilling at the GM Vein defined the high-grade shoot, demonstrating significant potential for further expansion in all directions. -A total of 20 drill holes amounting to 1,713 meters have been completed, with promising findings leading to a 10% upsize in the drilling program, now totaling 3,300 meters. Brock Colterjohn, President & CEO of Onyx Gold, stated, "We are very encouraged with the results from this year’s spring program so far. Our drilling efforts have successfully defined a higher-grade shoot, and the GM Vein remains open for expansion in all directions. We look forward to further expanding this high-grade shoot and exploring for repeating high-grade shoots with future drill programs.” Looking ahead, Onyx Gold will continue its exploration at the Argus Zone, aiming to significantly extend the zone. The company is committed to maximizing the project’s value through exploration and drilling programs. We are optimistic about the future as we progress with our exploration initiatives, aiming to strengthen our leadership in the Timmins gold camp and deliver ongoing value to our stakeholders. Stay tuned for more updates on our advancements. Read the full news release here: https://lnkd.in/gEjP4z4W #Onyx #Gold #Mining #Exploration #DrillResults #Ontario # InvestmentOpportunity

Reason we should own Arizona Gold & Silver Exploration Inc • 1.7 kilometers of gold mineralization in drill holes. 1.5 kilometers remains untested to the south. • 112 holes drilled to date plus 15 holes inherited from Meridian Gold. • 100% of the 55 holes on the patented claims have hit gold mineralization. • 48 holes north of the patented claims have also hit gold mineralization. • Only 55 acres of the 2400-acre claim package have been explored to date. • Target size 1700m x 250m x 40m x 2.5TF = 42.5 MM Tonnes • Average grade of drill intercepts to date: + 1 gpt Au • 72.5 grams gold and 16.1 gpt silver intersected in one most recent RC hole • Management recent exercise of 1.3 million options without selling shares. • The Company bought out lease agreement with property owner. Look at what we that found! It’s been buried for 115 years, now we are seeing the inside workings of the vein mined in 1905.   Target Size Drilled to Date:    1700m x 250m x 40m x 2.5TF = 42.5 MM Tonnes Average grade to date: 1.32 gpt Au Target potential contained ounces: 42.5 mmT x 1.32 gpt x .029166 opt/gpt = xxxxxxxx ounces Au (do the math) Drilling about 50% complete on this target size. Gaps remain to be drilled prior to commencing resource calculations within this volume. Mike Stark, CEO, President Arizona Gold & Silver Exploration. https://lnkd.in/gR_ap2C2