Proactive’s Post

Liberty Star Uranium & Metals Corp. (OTC:LBSR), dba Liberty Star Minerals, said its drilling program at the Hay Mountain property has uncovered significant indicators of commercially valuable #metals, suggesting the potential for substantial #mineralization in the area. Drilling at the southeast Arizona property has indicated the potential presence of commercially important metals associated with porphyry copper-gold-moly geologic structures, according to the Tuscon-based company. At a depth exceeding 2000 feet, the company encountered a marble front along with an intense zone of propylitic alteration, both suggesting the existence of a substantial, hydrous intrusive body at depth. According to consulting geologist Jim Bryce, this alteration represents some of the most profound seen in over three decades of experience in the field, the company noted in a statement. More at #Proactive #ProactiveInvestors http://ow.ly/OOJV105frNe

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

CuFe Ltd (ASX:CUF) has made its first foray into the North Dam Project, 28 kilometres east of Kambalda, Western Australia, having completed a maiden reverse circulation (RC) drilling campaign in the area. The company is targeting #niobium, #RareEarth elements (REE) and #lithium resources across six priority target areas, defined by geological mapping and geochemical analysis, at two tenements: E15/1495 and M15/1841. The program consisted of 18 RC holes across 2,068 metres, with an average depth of 115 metres. The deepest hole reached 214 metres, which represents the most extensive and deepest drilling ever conducted at North Dam. The program is the first of its kind – previous exploration efforts in the area were limited to shallow gold drilling by former owners. More at #Proactive #ProactiveInvestors #ASX #CUF RareEarths #REE #CriticalMinerals #BatteryMinerals http://ow.ly/XpkO105IP2n

Yandal Resources Ltd (ASX:YRL) has identified new #gold exploration targets in an initial review of regional soil sampling from the northwest portion of the Ironstone Well-Barwidgee Gold Project in WA. The review shows strong evidence of gold extending beyond the limit of current drilling at the Oblique and Flushing Meadows prospects, while also providing new early-stage targets based on gold and pathfinder element results. Offering a new #CriticalMinerals opportunity, the review also highlighted several lithium-caesium-tantalum (LCT) anomalies with potential for #BatteryMetal mineralisation. The company also completed diamond drilling at the New England Granite Prospect, with both holes hitting their target at the granite contact, which displayed encouraging deformation and alteration. More at #Proactive #ProactiveInvestors #GoldMining #GoldSrocks #MiningAustralia https://ow.ly/FOgz50SVuau

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

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

Anson Resources Ltd (ASX:ASN, OTCQB:ANSNF) has completed the surface drilling and casing of the Bosydaba #1 well, which is on recently purchased private property at its Green River #Lithium Project in the Paradox Basin in south-eastern Utah, USA. Importantly, the intersection of shallow slightly saline aquifers supports the fact that there is no connectivity between aquifers and the sealed Pennsylvanian brines 7,000 feet deeper. This drilling represents the first phase in Anson’s mineral resource definition plan at Green River, where the company is targeting lithium-rich brines in the highly porous clastic horizons and the Mississippian units in the region. Upon completion of the well, it is expected that brine will be able to flow directly to the sample demonstration plant, which consists of both the direct lithium extraction and the downstream purification process. More at #Proactive #ProactiveInvestors #ASX #OTCQB #ASN #ANSNF #Mining #CriticalMinerals http://ow.ly/pCin105lxms

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

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

Legacy Minerals (ASX: LGM) Kicks Off Drilling for Precious Metals at Fontenoy Project (ASX: LGM) Christopher Byrne, CEO & Managing Director, shared his enthusiasm: “We are very pleased to have a rig now spinning at the Fontenoy Project with our Alliance Partner Earth AI. The discovery of magmatic PGE-Ni-Cu mineralisation using artificial intelligence earlier this year was a breakthrough for the Fontenoy Project, with follow-up work in the form of a detailed gravity survey and soil and rock chip sampling delivering strong targets for drill testing.” “The drilling will target newly identified zones of anomalous PGEs-in-soils, which have never been drilled. These targets are also supported by coincident density highs that are thought to reflect potential PGE-bearing lithology.” “Legacy Minerals looks forward to seeing the outcomes of this drilling, which has the potential to deliver significant value for shareholders. In parallel with this work, the Legacy Minerals’ field team continues to complete generative targeting work across our portfolio and is also preparing the Drake field office and site sheds for field work programs anticipated to commence later this year.” Read our article below: https://lnkd.in/gJSRTFrK #mining #exploration #geology #stocks #markets #lgm #asx