StockHound’s Post

Here are the latest results from IsoEnergy’s winter 2024 exploration work on its eastern Athabasca Basin uranium properties: ➡️Seven holes (LE24-157 to LE24-163) were drilled to intersect low velocity zones identified in ambient noise tomography (ANT) models. ➡️New drill holes confirm alteration correlated with ANT low velocity anomalies "We are strongly encouraged by the results from our first drill testing of the ANT anomalies identified at the Laroque East and Hawk projects. In both cases, drilling proved that the ANT surveys correctly show alteration, a prerequisite for mineralization, and will serve as an important targeting tool going forward.” – Phil Williams, CEO of IsoEnergy Ltd. New targets identified for priority testing in the upcoming summer exploration program, starting June 2024. Read more about IsoEnergy’s Winter exploration update here 👉: https://hubs.ly/Q02vvBl20

Review of historic drill core at our Spargoville Project has revealed multiple spodumene occurrences. The core review program has concentrated on the area around Westgold Resources Limited’s recently acquired Spargo’s Reward open pit gold mine, within the Company’s Spargoville Project. The majority of the pegmatites had never been logged for mineralogy and were not considered for their lithium potential. Exploration Manager Mladen Stevanovic commented: “The ongoing re-logging campaign is already generating exciting drill targets. It also shows that discoveries can be made by meticulous examination of the existing databases, without the need for the Company to expend capital on further drilling. The potential for lithium mineralisation to the west of the Spargo’s Reward appears better than expected. Spodumene-bearing and optimally-fractionated pegmatites have already been identified. We are also nearing completion of a comprehensive geophysical review of the entire Higginsville Lithium District. This has already identified many new exploration targets that warrant further followup, showing just how prospective the Company’s Projects are. This new geophysical information, in conjunction with the promising information obtained from the ongoing re-logging of the drill core and RC chips, has prompted the Company to amend its exploration plans with a renewed focus on target generation and target ranking. This approach is intended to identify several high-quality exploration targets and invest Kali’s resources toward the most promising exploration campaigns.” Read the full ASX announcement: https://lnkd.in/d76Vszbw #KM1 #lithium #spodumene #exploration

We’re pleased to announce that following the completion of our maiden drilling program at Shoobridge, we are commencing drilling at various high-priority targets within our 100%-owned Finniss Lithium Project, just 88km south of Darwin, NT.   Key Highlights: 🔹The Shoobridge drilling program was successfully extended with four additional holes completed. 🔹Drilling at Finniss is focused on expanding our lithium resources, specifically targeting new discoveries within trucking distance of the Grants processing infrastructure. 🔹Core controls approximately 500km² of the highly prospective Bynoe pegmatite field, with significant exploration upside expected. 🔹First assay results from Shoobridge are anticipated in September, with Finniss results due in the last quarter of CY24.   This next phase in our FY25 exploration program will explore less developed areas, with the potential of building on the updated Mineral Resource Estimate released in April 2024, which currently stands at 48.2Mt @ 1.26% Li₂O.   Our CEO, Paul Brown, commented: “Following the conclusion of drilling at Shoobridge, we are now moving into the next phase of our FY25 exploration program. Drilling at Finniss will target areas that have not been extensively explored, outside the more developed targets at Grants and BP33. The FY25 targets are within trucking distance of the Grants processing infrastructure and are located in a field with extensive historic tin-tantalum workings. Whilst operations at Core’s processing infrastructure are being maintained in a restart-ready state, Core is taking the opportunity to add to the substantial Resources at Finniss.   Read the full announcement here ➡️ https://bit.ly/4fPODWB   #CoreLithium #CXO #Lithium #Exploration #Mining #FinnissProject #Shoobridge

Anson Resources Ltd (ASX:ASN, OTCQB:ANSNF) has completed drilling the Bosydaba#1 Well to a vertical depth of 3,416.81 metres (11,210 feet) at the Green River #Lithium Project in the Paradox Basin of south-eastern Utah, USA. Drilling the Leadville Formation to a depth of 11,210 feet at Bosydaba#1, which is on recently purchased private property, completed the company’s Green River exploration program and is the first phase of the Green River JORC mineral resource definition plan. The drilling intersected the limestone units at a depth of 3,191.26 metres (10,470 feet) and was stopped before penetrating through the Leadville Formation. This indicates that the Leadville Formation, Mississippian Unit is likely to continue deeper than the recorded depth of 3,416.81 metres. More at #Proactive #ProactiveInvestors #ASX #OTCQB #ASN #ANSNF #LithiumBrine #LithiumExtraction #BatteryMetals #CriticalMinerals http://ow.ly/20rJ105qev5

Brunswick Exploration Inc. (BRW-V) Brunswick Exploration drills 93.45 meters at 1.55% Li2O at MR-6 Brunswick on May 8, 2024, disclosed additional results from the winter drilling campaign on its Mirage Project located in the Eeyou Istchee-James Bay region of Québec. The Mirage Project is situated ~40km south from the Trans-Taiga Road, an E-W road that connects all of Hydro-Québec’s La Grande hydroelectric complex and is located ~37km NE of Winsome Resources’ Adina Project, itself located ~60km from the past-producing Renard Mine and Route 167Ext. Salient drill results are the best interval to date at Mirage with 1.55% Li2O over 93.45m in drill hole MR-24-62 starting at surface and which extends the flat dipping MR-6 dyke a further 80m to the SW.   The winter drill campaign focused on the Central Zone and has continued to intersect multiple wide and well mineralized intervals within the MR-6 dyke and its vicinity. The Central Zone remains open in many directions. Recall on April 25, 2024, Brunswick had announced first assays from the Mirage winter drilling program where it drilled an additional 35 holes (see:  https://lnkd.in/eMx59BBt). The 2024 winter drill campaign focused on the Central Zone and continued to intersect multiple wide, well mineralized intervals. Dyke MR-6 is interpreted to be a large, thick, sub-horizontal pegmatite dyke with a higher-grade core with potential evidence of zonation to the NW. Latest results confirm a thickening of the MR-6 dyke to the SW where the dyke remains open. The new MR-8 dyke confirmed in the North Zone with 1.27% Li2O over 18.6m in drill MR-24-43 and 1.42% Li2O over 11.5m in drill hole MR-24-55. A new exploration drill hole, located ~800m NE of MR-6, intersected anomalous lithium values (0.33% Li2O over 23m) in drill hole MR-24-53 within a zone of stacked dykes at a volcanic-sedimentary contact.   See end: https://lnkd.in/ezri8H3K   https://lnkd.in/esa_avdw #quebec #jamesbay #lithium #mirage #drilling

Drilling Successfully Verifies Historical Data & Confirms Exploration Potential at Lo Herma ISR Uranium Project. GTI Energy Ltd (ASX:GTR) Executive Director & CEO Bruce Lane: “We are very pleased that initial drilling has successfully verified the large body of historical data used to prepare the Lo Herma JORC inferred resource. In addition, the drilling confirmed exploration potential along trend in the Wasatch formation and at depth in the Fort Union formation. The program was completed on time & budget with the data generated to be used to refine follow-up drilling in 2024. The drilling in 2024 is expected to upgrade the category of portions of the mineral resource & ultimately support a preliminary economic assessment for the project.” GTI Energy Ltd (ASX:GTR) is pleased to advise that the initial drilling program has been completed at its 100% owned Lo Herma ISR #Uranium Project (Lo Herma), located in Wyoming’s prolific Powder River Basin (Figures 1 & 2). Twenty-six (26) drillholes were advanced, totalling 4,250m (14,000 ft), with operations finalised on 11 December 2023. -- Initial 26-hole drilling program completed on time & on budget at Lo Herma -- Results have successfully verified the historical Lo Herma drill hole database -- Exploration potential confirmed along trend in the Wasatch Formation and at depth in the Fort Union Formation -- New claims staked at Lo Herma show promising exploration potential in the deeper Fort Union Formation which Cameco produces from ~10 miles east. -- Planning in progress for expanded 2024 drill program targeting resource expansion, upgrade of current resource classification & hydrogeologic data collection This initial drill program successfully validated the historical data package, used in preparing the Mineral Resource Estimate (MRE) for Lo Herma, through comparative analysis of stratigraphy & mineralised intercepts from new drill holes collocated with historical drill holes. Additional drill hole locations tested extensions of known mineralised trends and informed on redox conditions across several host sands to help refine and develop an expanded drill program planned at Lo Herma for 2024. These exploration holes confirmed the previously interpreted exploration potential at Lo Herma. In addition, the Lo Herma land package was expanded through staking of 28 additional claims in December to cover extensions of interpreted trends as defined by the acquired historical data package. The historical data package includes several drill holes within the 28 new claims which contain mineralisation in a deeper Fort Union formation host sand. GTI is currently evaluating how the new claims and data impact the exploration target for the property and 2024 drill plans. Great work Bruce Lane, Nathan Lude, James (Jim) Baughman, Petar Tomasevic, Matthew Foy, Timothy Neesham #uraniumprice #u308 #ISRdrilling #asxnews https://lnkd.in/gKcyqmXP

Till sampling at our Auclair Lithium Project has revealed potential for many more spodumene-bearing pegmatites. Follow-up exploration is starting next week, with the aim of advancing new targets in preparation for drilling; the targets are in the area which previously returned 43.7m at 1.15% Li2O. Our Executive Chair David Southam said: “These strong sampling results reinforce our view that Auclair has huge potential to host numerous spodumene-bearing pegmatites below the cover. “The combination of the pathfinder elements, the geophysical signatures and the limited drilling results highlights the scope for Auclair to host a major spodumene discovery in James Bay. “Given all this highly promising evidence so far, we are really looking forward to the start of our next exploration program in coming days. “Importantly, this is the first time we will have boots back on the ground since the discovery of Pegasus and Lyra at the tail end of the 2023 exploration season, when we had just two days of effective prospecting." Read the full ASX release here: https://loom.ly/thekwcw

Power Metal Resources PLC (AIM:POW) updates on Molopo Farms Complex Project, identifying high-priority conductor T1-14 for nickel and platinum group element exploration; drilling planned for early Q1 2024 ⛏️🗓️ "I am pleased to report further progress at Molopo, and we look forward to commencing the drilling of this high priority conductor. Molopo has been, and remains, one our highest priority exploration opportunities, and one that we remain convinced has the potential to be a significant value driver for Power Metal" "Given the amount of data collated over previous exploration campaigns at Molopo Farms, our London based technical team have been working with local advisors to complete a detailed examination of findings to date. The outcome of this work was the confirmation of the highest priority conductor identified to date at Molopo Farms. It has been important to take the appropriate amount of time and to diligently prepare for what we believe may be a highly significant next round of drilling. We look forward to updating shareholders further on this important next step for Molopo," - Power Metal Resources Chief Executive Officer Sean Wade #AIM #LON #Nickel #PGE #Exploration #Investing Subscribe to the weekly Stock Market Newsletter www.themarketbull.com.au https://lnkd.in/gtP8NQN4

Asian Battery Metals PLC (ASX:ASBM) has outlined an aggressive exploration plan for its portfolio of mineral projects in Mongolia with an initial focus on the Oval Copper-Nickel (Yambat) Project after this week being reinstated to quotation on the ASX. The company has moved quickly to begin the 2024 exploration program with mobilisation of the exploration camp to the Yambat Exploration Licence area and drill rigs to be mobilised next week for diamond drilling. To support drill design geophysical crews have completed field data acquisition, data processing and interpretation with analysis expected to finish before the start of the phase 1 drilling program. Asian Battery Metals managing director Gan-Ochir Zunduisuren said: "We are excited to commence our 2024 exploration program at the Oval Copper-Nickel (Yambat) Project and to build on the fresh discovery that our team achieved in 2023. More at #Proactive #ProactiveInvestors #Copper #Nickel #BatteryMetals #CriticalMinerals http://ow.ly/qrVz105ycTb

Premier1 Lithium Ltd (ASX:PLC) has confirmed the orientation and depth of a swarm of pegmatites at the Abbots North Project in Western Australia, having completed the first phase of #lithium exploration drilling on the tenure. The company drilled 11 reverse circulation (RC) holes over 1,623 metres targeting the main outcropping pegmatites at the Buttamiah prospect, which has previously been mapped over a strike of 350 metres and up to 2-3 metres in width at surface. Of 11 drill holes, nine intercepted pegmatites of up to 4 metres in thickness with some lepidolite (most abundant form of #HardRockLithium) apparent – PLC has submitted all samples for multi-element analysis, with results expected in about six weeks. More at #Proactive #ProactiveInvestors #ASX #PLC #LithiumMining #BatteryMetals #CriticalMinerals http://ow.ly/FBnZ105lo8I