StockHound’s Post

Coverage stock Spartan Resources Ltd (ASX: SPR) has done it again, over the past week putting out two significant updates related to its Dalgaranga Gold Project in Western Australia. Firstly, deep drilling has identified visible gold at depths of more than 1km below the existing Never Never gold deposit (comprising +20 metres of “typical Never Never-style” mineralisation intersected from 1,034m down-hole, with assays pending). Secondly, additional deep drilling ~90 metres south of the previous southernmost intercept at Never Never, has identified a new high-grade lode of 17.52m @ 15.86g/t Au from 522m depth. Importantly, the discovery of this new lode (named Pepper) comprises typical Never Never-style mineralisation, with similar grades and mineralogical characteristics. Importantly, the Pepper Prospect sits immediately adjacent to Never Never in an extremely favourable position, given that any future exploration drill drive and/or mining access scenarios will likely come from the nearby Gilbey’s open-pit as a start point and pass right by Pepper on the way to Never Never. Both results have further enhanced the commericiality of Never Never, as they provide additional high-grade ounces in close proximity to planned future infrastructure. SPR is currently up 11% in today's trade and is up almost 400% over the past 12 months. #gold #equities #ausbiz #commodities #resources #exploration #mining

We are pleased to announce an exceptional intersection of high-grade copper at our Lana Corina Project in Chile! Results from ongoing drilling have returned 298m @ 0.98% CuEq from near-surface high-grade copper mineralisation.   Highlights ✅ Longest intersection of high-grade copper at Lana Corina ✅ Diamond drillhole CMLCD014: 298m @ 0.98% CuEq from 90m, open at depth ✅ Two wide, higher-grade zones:    - 78m @ 1.24% CuEq from 200m    - 68m @ 1.14% CuEq from 320m ✅ Drilling continues, currently at 700m ✅ Assay results for the next 242m expected in 2-3 weeks   Our Managing Director, Max Tuesley, commented: “This intersection is exceptional in terms of both length and grade, clearly demonstrating that the Lana Corina geological system is something very special. Results returned to date confirm the longest ever mineralised intersection at the Project. Importantly, these results represent just the upper 388m of the hole. Drilling is ongoing with the hole currently at a downhole depth of 700m. The extensive and rich mineralisation intersected so far, supports our strategy that additional drilling will lead to substantial increases in the Project’s scale. This is an exciting time for both our Company and our Shareholders, with what is emerging as a significant copper system in the Coastal Cordillera of Chile.”   Read the full announcement here ➡️ https://bit.ly/3VnU99g   Stay tuned for more updates as we continue to explore and expand this promising project!   #CulpeoMinerals #CPO #Copper #Mining #Chile #ASX #HighGradeCopper #MineralExploration #LanaCorina

Coverage stock Spartan Resources Ltd (ASX: SPR) has done it again, over the past week putting out two significant updates related to its Dalgaranga Gold Project in Western Australia. Firstly, deep drilling has identified visible gold at depths of more than 1km below the existing Never Never gold deposit (comprising +20 metres of “typical Never Never-style” mineralisation intersected from 1,034m down-hole, with assays pending). Secondly, additional deep drilling ~90 metres south of the previous southernmost intercept at Never Never, has identified a new high-grade lode of 17.52m @ 15.86g/t Au from 522m depth. Importantly, the discovery of this new lode (named Pepper) comprises typical Never Never-style mineralisation, with similar grades and mineralogical characteristics. Importantly, the Pepper Prospect sits immediately adjacent to Never Never in an extremely favourable position, given that any future exploration drill drive and/or mining access scenarios will likely come from the nearby Gilbey’s open-pit as a start point and pass right by Pepper on the way to Never Never. Both results have further enhanced the commericiality of Never Never, as they provide additional high-grade ounces in close proximity to planned future infrastructure. SPR is currently up 11% in today's trade and is up almost 400% over the past 12 months. #gold #equities #ausbiz #commodities #resources #exploration #mining

The Broken Record: Spartan Resources Ltd Discovers More Thick, High-Grade Gold Intercepts (ASX: SPR) Simon Lawson, Managing Director and CEO of Spartan Resources, commented: “The parent hole to the recently reported deepest intercept at Pepper of 25.24m @ 16.66g/t gold (DGRC1431-DT-W1) rewrites history again, being deeper still and returning an exceptional intercept of 30.79m @ 12.12g/t gold (DGRC1431-DT). These two holes are separated by about 50m and demonstrate the continuity of thick, high-grade gold mineralisation at this exciting new and growing prospect.” “The Never Never Gold Deposit also continues to throw up pleasant surprises, with a new thick and consistently high-grade intercept of 19.67m @ 19.43g/t gold (DGDH066) from within the Inferred area of the existing Mineral Resource Estimate. This near 400 gram x metre result provides strong support for our objective of converting Inferred ounces to the higher confidence Indicated category by in-filling this part of the existing MRE.” "These two intercepts from Pepper and Never Never are, respectively, our fifth and sixth best-ever drilled at Dalgaranga – highlighting the potential of this mineral system to keep delivering exceptional results the more we drill.” (continues) Read our article below: https://lnkd.in/gKjg8FND #gold #mining #resources #highgrade #geology #stocks #spr #asx

Pivotal Metals Ltd (ASX:PVT) Strikes Copper and More at Horden Lake in Quebec (ASX: PVT) Ivan Fairhall, Managing Director of Pivotal Metals, commented on the results: “Horden Lake continues to deliver – from both step-out, and infill from historical drilling. In the shallow areas, results indicate excellent continuity, in places widening, of expected mineralisation, along with a suite of valuable by-products which were overlooked in previous drilling." “Excitingly, deeper drilling and DHEM again combine to show excellent down plunge continuity of the deposit, and the huge potential for it to continue at depth. We now have a zone over 600m extending the mineralisation strike length that exhibits strong potential for expansive down-plunge extension with further drilling, potentially similar to that observed in the central zone which extends to over 490m vertical (and remains open).” Read our article below: https://lnkd.in/gR6jAWHY #copper #mining #resources #quebec #pvt #asx

Recent drilling by Sunstone Metals Limited (ASX:STM) at the Limon gold-silver discovery in southern Ecuador has further expanded the Central Shoot and uncovered new mineralised zones. The findings bolster the company’s work to establish a maiden mineral resource estimate at Limon. Recent drilling has continued to yield strong results, with key highlights including 50.85 metres at 1.43 g/t gold equivalent (AuEq) from 135.15 metres in hole LMDD051. This intersection includes a high-grade segment of 5 metres at 5.81 g/t AuEq, with very high silver grades reaching up to 1,610 g/t over a 0.45-metre interval. Meanwhile, drill hole LMDD048 intersected 16.35 metres at 1.06 g/t AuEq from 45 metres, further expanding the Central Shoot and identifying new shallow mineralised areas south of the initial discovery. More at #Proactive #ProactiveInvestors #STM #ASX #Mining #Gold #PreciousMetals http://ow.ly/sCEc105GgZ9

Arizona Gold & Silver inc. (TSXV: AZS)  (OTCQB:AZASF) is please to announce initial results of sampling a recently uncovered historic adit and RC drilling at the Philadelphia Gold-Silver property, Arizona. Mr. Greg Hahn VP Exploration commented, “Drilling at Philadelphia has two objectives: to build a bulk tonnage low grade heap leachable resource at grades +0.5 gpt gold, and to delineate high grade portions in the FW and HW veins that were the subject of historic mining. The channel sampling in the recently uncovered adit revealed what is likely the higher grade core of the Rising Fawn section of the mineral system, where we have limited drill hole coverage. This higher grade area remains to be drilled.” Greg Hahn continued, “The drilling results in the Rising Fawn Gap demonstrate the gold-silver stockwork system continues towards the Perry portion of the mineral system with further drilling required. We intersected gold mineralization in the volcanics above the stockwork quartz interval which increases the total thickness of mineralization there. The drill intercepts in the Resaca Gap are primarily silver with low gold values. This suggests this is the periphery of the mineral system both to the north where the old Philadelphia mine workings are and southwards towards the Rising Fawn portion of the mineral system.” https://lnkd.in/gs54mn8d #GoldMining #SilverMining #ArizonaMining #TSXV #OTCQB #ExplorationResults #DrillingResults #HistoricAdit #RCDrilling #HeapLeach #BulkTonnage #HighGradeGold #MineralExploration #ChannelSampling #GoldSilverSystem #Mineralization #MiningProjects #GeologicalSurvey #MiningNews #NaturalResources

Alto Metals Ltd (ASX:AME) is making preparations to kick off the next phase of regional exploration following its discovery of multiple targets at the Sandstone #Gold Project. The company will focus on near-term growth and new discoveries during the ‘high impact’ campaign, with drilling at the Bull Oak, Vanguard and Indomitable prospects. Bull Oak stands out as a single-pit resource with scale potential for additional open-pittable gold. Results from a recent 80-metre step-out drill program intersected multiple stacked lodes including 55 metres at 1.5 g/t gold and 23 metres at 1.1 g/t, with extended mineralisation over 400 metres that remained open. The company hopes to extend mineralisation both up and down dip, as well as along strike and at depth. More at #Proactive #ProactiveInvestors #ASX #AME #Mining #PreciousMetals http://ow.ly/oJij105x1n9

Argent Minerals Ltd Silver Stockpile Soars 54% to 65.8M Oz at Kempfield (ASX: ARD) Managing Director, Pedro Kastellorizos, expressed enthusiasm about the upgrade: “The upgraded 2012 JORC compliant Resource over the Kempfield Silver Polymetallic Deposit has delivered a significant 54% increase of silver content compared to the previous resource, a major milestone for Argent. This exceptional new resource estimate cements the Kempfield Project as second largest undeveloped silver deposit in Australia.” “The significance of the Mineral Resource Estimate, both in size and the associated value of the metal content within the resource area is substantial. The Company believes the discovery of further mineralisation within the project area will further enhance the overall value of the future operations.” “Furthermore, our technical team believe the Kempfield deposit has substantial potential for additional resource growth along strike, down hole plunge and depth. Argent will be planning the next phase of drilling within the Kempfield NW, Sugarloaf Hill, Henry’s and Golden Wattle Zone Area with a view of increasing the tonnage and grade of the current resource estimation”. Read our article below: https://lnkd.in/gc7XDy9w #silver #mining #resources #geology #exploraiton #stocks #ard #asx #news

Early exploration results are showing great indications a larger robust mineralized system is present. With each phase we are get closer to identifying new #mineralization close to surface that can be added to our maiden #resource estimate. View full NR: https://loom.ly/oJePqu0