Stockhead’s Post

Strickland Metals Ltd (ASX:STK) is stepping up the pace at the 100%-owned Rogozna Gold and Base Metals Project in Serbia with a fourth diamond drilling rig dedicated to discovery-focused drilling of an extensive exploration target pipeline. The fourth diamond rig has started drilling at the recently acquired project and joins three other rigs at Rogozna as part of Strickland’s aggressive exploration campaign. This rig will focus on several compelling copper-gold porphyry targets with the first hole at Copper Canyon South, where limited previous drilling encountered thick, high-grade #gold mineralisation at depth, including 38 metres at 3.7 g/t gold from 760 metres. The hole is designed to test for an up-dip extension of the mineralisation, which if successful will demonstrate the mineralisation at a much-shallower position. More at #Proactive #ProactiveInvestors #GoldMining #GoldStocks http://ow.ly/y8Be105z6OF

Assays from Verkhuba drilling confirm multiple #copper-rich ore grade intervals at mineable depths. Matches well with the high-grade zones identified in >42,000m of historical drilling. These shallow and high-grade results confirm open pit mine potential. There’s a lot to be excited for! #Kazakhstan #MiningNews #Exploration #CriticalMinerals #EST is listed on the London Stock Exchange. 

We've received the indium over-range assay results from the recently completed drilling at our Orient Project in North Queensland, which have returned up to 𝟭,𝟬𝟳𝟬 𝗴/𝘁 𝗶𝗻𝗱𝗶𝘂𝗺, the highest grade known indium drilling result reported in Australia. We expect to restart the Orient Stage 2 drilling in March/April when the wet season abates. Managing Director Donald Garner commented: “Having submitted samples from our over-range indium results to ALS in Canada for further analysis, we are excited to report what we believe to be Australia’s highest grade reported indium drilling results of 1,070 g/t indium and 870 g/t indium from samples 122725 and 122757. We knew Orient had potential to host a high-grade silver-indium deposit when we acquired the project, however these results from our Stage 2 drilling program have exceeded our expectations. Indium is a critical mineral as designated by Geoscience Australia and has this classification in the United States, Japan, South Korea, India and the United Kingdom. Indium is currently trading at US$230 – 260 per kg (Indium 99.99%, Rotterdam) and represents an important part of the value at Orient. Historical metallurgical test work indicates that the indium will be recovered to a zinc-indium-silver concentrate grading 47-48% Zn, 2,000 g/t In and 200 g/t Ag. We look forward to Mining One finalising a model for the Orient System, using the historical drilling, Iltani’s drilling, reprocessed geophysical data plus Nick Tate’s mapping, which will allow us to optimise remaining drillholes in our Stage 2 drilling program, set to commence within weeks, as we aim to further define Orient as a world-class silver-lead-zinc-indium resource.” Read the full ASX Announcement here: https://lnkd.in/g8uJ8n7K #indium #ILT #Iltani #ASX #ASXNews #criticalminerals

The necessary approvals are in and Magmatic Resources (ASX:MAG) is on the brink of drilling at the Lady Ilse gold-copper prospect, part of its 100%-owned Wellington North Project in Central West NSW. The project, which is on the northern extension of the Molong Volcanic Belt, is strategically positioned north of Newmont's Cadia, Australia's largest gold producer, and adjacent to Alkane Resources' Boda-Kaiser porphyry gold-copper discovery. Lady Ilse is considered highly prospective for Boda-style mineralisation. Previous drilling has returned promising results, including intersections of 45 metres at 0.44 g/t gold, 41 metres at 0.25 g/t gold and 0.11% copper and 13 metres at 0.72 g/t gold and 0.36% copper. More at #Proactive #ProactiveInvestors #ASX #MAG #Gold #Copper #BaseMetals #PreciousMetals #Mining http://ow.ly/TPkZ105uMNp

American West Metals Limited (ASX: AW1) is pleased to report on its quarterly activities for the period ending 31 March 2024. Dave O'Neill, Managing Director of American West Metals commented: “This period has seen American West Metals complete significant milestones including the delivery of the Storm maiden MRE, and the commencement of the 2024 exploration and resource expansion activities. “The maiden MRE for the Storm Project has exceeded our expectations and delivered the foundations to what we believe will be a globally significant copper district. “Within only a single season of resource drilling we have rapidly defined four robust copper deposits very close to surface: Cyclone, Chinook, Corona, and Cirrus. The setting and scale of the mineralisation gives us the opportunity to potentially mine 100% of the resource with a low-cost, high-margin open-pit mining operation “We are also very pleased to report that the drilling and exploration program for 2024 is now in full swing at Storm. “This initial phase of drilling will use the tracked RC drill rig to move quickly through the initial exploration and resource expansion areas. We believe these targets will give us strong potential for the discovery of new zones of copper mineralisation and confirmation of additional copper resources. “We have also commenced the high-powered Moving Loop Electromagnetic (MLEM) survey at Storm. This survey has the potential to generate new targets in higher resolution and at deeper levels than previous surveys, opening the area for further copper discoveries. EM surveys have proven to be a reliable targeting tool with all of the EM anomalies tested to date correlating with high-grade copper sulphides. “We look forward to strong news flow over the coming months as the drilling and geophysical programs continue.” View announcement here: https://loom.ly/9BnMDIA #ASX #AW1 #Copper

An auger sampling and diamond drilling program has delineated priority targets at MPK’s Odienné South permit, which covers a 30km extent of the Sassandra Fault that hosts Predictive Discovery’s 5.4Moz Bankan gold deposit. Many Peaks Minerals (ASX:MPK) https://buff.ly/3WTxX7T #ASX

Phase II Air Core drilling has encountered visible gold and widespread alteration at Koonenberry Gold’s Bellagio prospect, with quartz veins encountered down-dip of a Phase I gold intersection of 10m at 1.61g/t. https://bit.ly/46SwBx9 #ad #ASX Koonenberry Gold

While the focus for Maronan Metals has been on the silver-enriched Eastern Horizon, “impressive results” have been received on the Western Horizon which will become one of the major priorities for future drilling. https://bit.ly/3tp5Na3 #ASX Maronan Metals (ASX:MMA)

Ramp Metals Inc. Provides Exploration Update and Announces Drilling Campaign Key Highlights: ✔2024 drilling program initiated at Rottenstone SW property; four holes drilled, totaling 1180m, with the core being transported for processing ✔Completed exploration program on Rottenstone SW property, including TDEM geophysical survey, soil sampling, and interpretation of the geophysical survey for drill target generation ✔Dr. Mark Bennett, founder of Sirius Resources and overseer of Nova-Bollinger mine development, appointed as Strategic Advisor, as previously announced on September 22, 2023 Press Release Link: https://lnkd.in/gyPyGBEE #batterymetals #EVmetals #electricvehicle #nickel #copper #basemetals #metals #metalsandmining #mining #resources #juniorresources #juniormining #smallcapmining #smallcapresources #Canada #Saskatchewan #TSXV #SmallCapStocks #smallcap #microcap #MicroCapStocks #Investing #Investor #PrivatePlacement #Financing #capitalraise #GoPublic #publiclisting

Aurumin Limited (ASX:AUN) has the reverse circulation (RC) drill spinning in a new campaign at the 881,000-ounce Central Sandstone Project in WA as the company seeks to take resources at the Sandstone #Gold Operations beyond 1 million ounces. The company plans to test up to nine new open pit targets in the RC program of around 40 holes for approximately 4,000 metres with all targets on mining leases and within 3 kilometres of the processing plant footprint. This first-pass exploration drilling is targeting multiple depositional models and styles including porphyry/intrusive hosted vein style, banded iron hosted and structural shear-style hosted mineralisation in mafic and ultramafic units. More at #Proactive #ProactiveInvestors #ASX #AUN #GoldMining #GoldStocks #MiningAustralia http://ow.ly/bFQT105oiMb