Sagacity Capital Media’s Post

#BoabMetals today announced the continuation of exploration activities at its Sorby Hills Lead-Silver-Zinc Project with the commencement of the Phase VIII drilling program. The work program will primarily target the Keep Seismic Target located approximately 2km south of the existing Sorby Hills reserves. The initial program includes up to 1,600m across 4 drill holes. Simon Noon stated “The program’s primary objective will be to confirm and extend the exciting new mineralisation intersected at the Keep Discovery late last year. We look forward to providing further updates as the drilling program progresses.” For full details see the link below:- https://lnkd.in/gQtJtKxM Come and see us in Kalgoorlie next week at Booth #47 at Diggers & Dealers Mining Forum #BML #SorbyHills #lead #silver #zinc #basemetals #KeepSeismicTarget #leadminersasx #silverstockaustralia #silverminerswa #stockstowatch #topstocks #diggersndealers

Andrew P., the Company’s President and CEO, stated, “Drilling is now underway on what is poised to be a very consequential program as we look to grow and de-risk our mineral inventory. With 50 drillholes planned over the next 5 months this is our most aggressive campaign in two years. In-fill drilling, on 25-metre centers, is anticipated to convert inferred resources located in the shallower portions of the Bermuda and Merten vein systems into measured and indicated resources, both systems projected to be the first structures encountered in a conceptual mining plan.  Expansion drilling is targeting prospective mineralization in a gap along the vein corridor that spans 1,000-metres.  Drilling is anticipated to link up our DPB and NW Step-out resource areas together.” Read news: https://lnkd.in/g8yeM6pD

Aurumin Limited’s Central Sandstone Project Shines with 18m at 25.8g/t Au Intercept (ASX: AUN) Managing Director, Brad Valiukas, commented: “These are great results from a first pass exploration drilling programme. We achieved significant results at four out of seven targets; these were based on a combination of previous geochemical results and structural interpretation.” “Additionally we got a bonanza result with extensional drilling at Plum Pudding, with a top assay of 344g/t and an unexpected void, likely old workings. Plum Pudding is now a priority target for additional work so we can expand our, currently modest, 14koz Resource.” “We are focussed on the Central Sandstone Project and generating the critical mass required for future production, these results are a great step towards adding the required additional open pit material to support an operational restart.” Read our article below: https://lnkd.in/g5JUsadH #gold #mining #exploration #stocks #asx

🚀 Further Updates on Our Develin Creek Drilling Program... 📈 Resource Upgrade in Focus: 60-hole Reverse Circulation (RC) drilling planned 👍 Total Drilling: Up to 10,000 metres 🎯 Target Areas: Sulphide City, Scorpion, and Window ✅ Drilling Details: Hole depths between 50 - 200 metres using our RC drilling rig 🏆 Exploration Goals: Step out and infill drilling to enhance geological understanding and integrate it into the Mt Chalmers mine plan. 👏 Importantly, these resources are not currently included in the Mt Chalmers mine plan, highlighting significant upside potential to the recently completed Mt Chalmers Pre-Feasibility Study results. 👉 Details ▶️ https://buff.ly/3xoq7dC ASX:QML | FSE:81V #QML #QMines #miningnews #drilling #criticalmetals #queensland #copper #copperstocks #asxstocks #asxresources #mining #mineralresources #resources #exploration #copperexploration

Coverage stock Rimfire Pacific Mining Limited (ASX: RIM) (initiated @ 2.3c in 2016) has provided an important update with respect to exploration activity at the Bald Hill Prospect, located within its Broken Hill Project in NSW. RIM is currently undertaking a 6-hole/1,000-metre diamond drill program at Bald Hill, designed to test the significance of a very strong magnetic anomaly, which is interpreted to be a potential extension to previously drilled high-grade cobalt (Co) and copper (Cu) mineralisation. The Bald Hill magnetic anomaly trends NNE, dips to the southeast, and has a near-surface extent of 450 x 400 metres, extending to a vertical depth of approximately 300 metres below surface. 3D modelling suggests that the anomaly plunges to the southeast, with RIM’s 2023 diamond holes just “clipping” the top of the anomaly. Encouragingly, the first two holes in the program have successfully intersected multiple broad zones (downhole widths) of sulphide mineralisation, 100 – 200m away from previous high-grade cobalt drill intercepts (assays awaited). The project’s cobalt and copper prospectivity are highlighted by the presence of Havilah Resources’ (ASX: HAV) Mutooroo Copper Cobalt Gold Deposit 35km to the southwest of Bald Hill and Cobalt Blue’s (ASX: COB) Broken Hill Cobalt Project 10km to the south. #copper #cobalt #commodities #resources #exploration #mining #ausbiz #equities #NSW David Hutton FAusIMM

Coverage stock Rimfire Pacific Mining Limited (ASX: RIM) (initiated @ 2.3c in 2016) has provided an important update with respect to exploration activity at the Bald Hill Prospect, located within its Broken Hill Project in NSW. RIM is currently undertaking a 6-hole/1,000-metre diamond drill program at Bald Hill, designed to test the significance of a very strong magnetic anomaly, which is interpreted to be a potential extension to previously drilled high-grade cobalt (Co) and copper (Cu) mineralisation. The Bald Hill magnetic anomaly trends NNE, dips to the southeast, and has a near-surface extent of 450 x 400 metres, extending to a vertical depth of approximately 300 metres below surface. 3D modelling suggests that the anomaly plunges to the southeast, with RIM’s 2023 diamond holes just “clipping” the top of the anomaly. Encouragingly, the first two holes in the program have successfully intersected multiple broad zones (downhole widths) of sulphide mineralisation, 100 – 200m away from previous high-grade cobalt drill intercepts (assays awaited). The project’s cobalt and copper prospectivity are highlighted by the presence of Havilah Resources’ (ASX: HAV) Mutooroo Copper Cobalt Gold Deposit 35km to the southwest of Bald Hill and Cobalt Blue’s (ASX: COB) Broken Hill Cobalt Project 10km to the south. #copper #cobalt #commodities #resources #exploration #mining #ausbiz #equities #NSW David Hutton FAusIMM

#ASXNews AuMEGA Metals (formerly Matador Mining Limited) is pleased to announce the completion of the first phase of the 2024 diamond drilling program with approximately 1,900 metres completed. The drilling focused mainly on new targets in the Central Zone area including at-depth extensions, and new footwall and along strike targets. • First phase of 2024 diamond drilling completed in the resource corridor • Approximately 1,900 metres of diamond drilling completed with assays pending • Final diamond drill hole completed was deepest ever drill hole at Central Zone • First-ever Company activities on the Intersection Project currently underway • Airborne magnetic surveys commencing in the near-term over Bunker Hill • Phase two diamond drilling expected to commence in the coming weeks concentrated on the Malachite Project #AAM’s Managing Director and CEO, Sam Pazuki, P.Eng, M.Fin commented: “Our fully funded exploration program is progressing to plan. For the first time in two years, the Company returned to major field work within the resource corridor with diamond #drilling. This first phase of drilling within the Central Zone footprint targeted potential extensions to known mineralisation identified through recent internal analysis which have had no prior drilling. These areas included the Central Zone footwall, new targets along strike and at depth targets. We look forward to receiving the assay results which are expected over in the coming weeks. The results of this drilling will inform us of our next activities in the area.” View the full announcement: https://bit.ly/3WKqetW #AuMegaMetals #AUM #Gold #ASX #TSXV

Bravo Mining Corp.'s North Sector Emerges as Second Thick, High-Grade Centre of Gravity for the Luanga PGM+Au+Ni Deposit Yesterday we published a set o PGM results that were in our backlog since our Cu-Au discovery. What’s relevant here is that the high-grade drill intercepts from the North Sector of the Luanga deposit has significantly enhanced the resource potential in this area, thus establishing a second centre of gravity for the Luanga deposit, other than the Central Sector. Highlights include 69m at 3.8g/t PGM+Au including 5m at 25.4g/t PGM+Au,45m at 5.0g/t PGM+Au, and 24.9m at 5.9g/t PGM+Au, 0.12% Ni. Mineralization intersected to date lies within 150m of surface and is open to further extension at depth.   As for the Cu-Au drilling, exploration is progressing on both BHEM targets and HeliTEM targets. The current round of BHEM surveying is close to completion. Drilling has recommenced at T5, testing new conductors defined along strike by this work. BHEM is currently in progress at T11. Following the new holes planned at T5, drilling will move to T11, followed by initial testing of new and re-evaluated HeliTEM targets. Luis Azevedo Alexandre Penha #bravomining #copper #nickel #gold #iocg #massivecoppersulphide #carajas #luanga #pgm #platinum #palladium #rhodium #nickel

**CopperCorp begins drilling at #Razorback property in Australia** CopperCorp Resources has started diamond drilling at the Jukes Zone on its Razorback Copper-Gold-REE property in Tasmania, Australia. The initial program includes two #diamond drill holes, aiming to explore depth extensions of high-grade copper-gold #mineralisation. Results from the drilling will inform future plans, with CopperCorp holding approvals for up to 1,320m of drilling across four sites. No drilling has occurred at Jukes since the 1980s, but recent geophysical studies and 3D modelling have identified promising anomalies. The drilling coincides with the Tasmanian summer, and CopperCorp plans to ramp up work on other copper-gold targets, with surface sampling results expected soon. #mining #mineralexploration #mineralprocessing #decarbonisation

QMines Limited (ASX:QML) has struck #gold at the Cawarral and Mt Wheeler Goldfields within the Mt Chalmers Copper and Gold Project in Queensland, with bonanza results of 256 g/t gold in rock chips and 3 metres at 154 g/t from a single drill hole. Other bonanza-grade rock chip samples included 157 g/t, 89.4 g/t, 80.95 g/t and 156 g/t gold. The very high-grade results were revealed in a review of historical data for the Mt Chalmers Project, combining exploration work undertaken by Geopeko, Newmont Holdings, Zhong Haa Mining, Outokumpu Exploration, Marlborough Gold Mines and CRA Exploration. QML intends to conduct first-pass drilling on this new target area once scheduled drilling at the Develin Creek and Artillery Road prospects is complete. More at #Proactive #ProactiveInvestors #Gold #GoldMining #GoldStocks #BonanzaGold http://ow.ly/I8li105B8lH