Tennant Minerals’ Post

🚨🔊High-Grade #Lithium Hits Continue at Lake Johnston TG Metals Limited (TG Metals or the Company) (ASX:#TG6) is pleased to provide this update on exploration drilling activities at the Lake Johnston Li-Ni-Au Project. Phase Two drilling of the Burmeister lithium discovery within the Lake Johnson Project has continued to intersect spodumene bearing pegmatites with high grades of up to 2.88% Li2O. Better results include - ▶️19m @ 1.52% Li2O from 206m including 2m @ 2.53% Li2O from 209m1 and 2m @ 2.36% Li2O from 217m ▶️4.05m @ 1.74% Li2O from 132.5m (Diamond Core Tail on TGRC0009) including 0.95m @ 2.29% Li2O from 133.6m TG Metals CEO, Mr. David Selfe stated; “The high grade lithium results keep coming at Burmeister and show that we are starting to build up an understanding of this highly mineralised system. These new results will assist our targeting of thicker pegmatites and the main body of mineralisation. Our extensional drilling to the north-west of the initial discovery holes indicates thicker pegmatite intervals displaying the consistent mineralisation which is a feature of the Burmeister pegmatites. The current drilling results have grown the strike of known main zone mineralisation to 1,400 metres and it remains open in all directions. Further results of the current drilling program are due in the next few weeks and we look forward to the recommencement of drilling in January 2024.” Download the announcement here: https://bit.ly/46WL8b0 #criticalminerals #asxnews #discovery #lithium #WesternAustralia #LakeJohnston #exploration #drilling #asxnews

BOA Resources (ASX:BOA) Ltd has enhanced the #CriticalMinerals opportunity at the Two Tanks Prospect west of Mt Ida in Western Australia with drilling revealing numerous pegmatites with some fractionation pointing to potential #lithium mineralisation. The 18-hole aircore drilling program drilled 1,296 metres and multi-element assays recently received confirm a consistent degree of fractionation, as indicated by the K/Rb ratio. Most units showed a ratio of below 40, consistent with a fractionated pegmatitic unit and the company is planning more work to further understand prospectivity. Another development in BOA’s critical minerals strategy has been the final award of Ant Hill tenement (E63/2231) in the highly prospective Lake Johnston region of WA. More at #Proactive #ProactiveInvestors #LithiumMining #BatteryMetals #CriticalMinerals http://ow.ly/VpE3105ycu8

#ASXNews An aircore drilling program of up to 6,000m is underway testing gold, lithium-pegmatite and Ni-Cu-Co targets across Metals Australia Ltd's Warrambie Project in WA’s northwest Pilbara. Warrambie straddles the Scholl Shear Zone, which is analogous to the Mallina Shear – host to the nearby, 10Moz, Hemi gold deposit. The drilling will also test for major lithium-pegmatites, being located just 10km east of the Andover lithium discovery.   This is the first of three drilling programs testing key exploration projects in Australia, which are highly prospective for gold and critical minerals. CEO Paul Ferguson commented: “2024 is shaping up as the most active and exciting period in Metals Australia’s history - with the three aggressive gold and critical minerals drilling and exploration programs launched at Warrambie, Big Bell North and Warrego East in Australia being advanced in parallel with our two gold and critical minerals programs underway in Canada. “Critically, our projects are all located in world-class mineralised provinces along strike from major discoveries and historical mines. We believe all our projects have potential for major new discoveries and we look forward to a period of strong news flow and results throughout the remainder of 2024 and beyond - as we look to unlock their potential and build value for MLS shareholders.” Read full #ASX Announcement here: https://bit.ly/3z3h3Mm   #gold #lithium #exploration #MLS

The first phase of a major two-stage drilling program has commenced at the Bluebird #copper-#gold discovery, on Tennant Minerals Barkly Project in the Northern Territory. This initial phase will include up to 4,500m of Reverse Circulation (RC) drilling targeting extensions of the high-grade copper-gold mineralisation, which is open in all directions. A second phase of up to 7,500m of RC and diamond drilling will expand on the RC drilling program and test other identified targets for repeats of Bluebird within the 2.5km strike-length Bluebird-Perseverance corridor. These targets include Perseverance for which the Company has been successful in obtaining a NT government co-funded grant. Tennant Minerals CEO, Vincent Algar, said: “We see this program as the stepping stone to defining a maiden Mineral Resource. We will then commence development studies into what will hopefully be an exciting new copper-gold development for Tennant Creek – which has already produced 5.5Moz of gold and 700kt of copper. “This drilling, designed to expand Bluebird, is occurring at a time of globally rising demand for copper, and strong pricing for gold, and we hope to deliver positive results into this environment.” Read full #ASX Announcement here: https://bit.ly/3z9kK2v #TMS #ASXNews #exploration

Metals Australia Ltd has received all required permitting approvals for a major fully-funded drilling and trenching program to test new high-grade #gold and #silver targets and priority #lithium bearing (LCT) #pegmatites at its Corvette River Project. The #drilling and trenching program will include up to 19 diamond drillholes for up to 4,750m and approximately 16 trenches, testing high-grade gold and gold-silver-copper targets identified from previous rockchip sampling and re-interpretation of magnetics and electromagnetic (EM) imagery, along with key LCT pegmatite zones identified by recent rockchip sampling. Metals Australia CEO Paul Ferguson commented: “We are delighted to have received all necessary approvals to advance this priority drilling and trenching program at our Corvette River Project, which is located within one of Canada’s most prospective lithium, gold, and base metals regions. "In addition to the highly-prospective lithium pegmatite targets we have identified analogous to Patriot Battery Metals’ world-class Corvette Trend lithium deposits, we have also identified multiple new high-grade gold and silver target zones based on our geological team’s extensive re-interpretation of previous rockchip sampling results and magnetics. Significantly, these high-grade targets are located along Quebec’s highly-endowed Lac Guyer greenstone belt which, apart from the Corvette lithium discovery, also hosts many significant gold and silver deposits including Newmont Corp’s ~215,000 ounce per annum Eleonore gold mine.  "Supported by the Company’s extensive cash reserves, the initiation of the Corvette River drilling and trenching program is a further demonstration of the board’s strategy to accelerate exploration and development across its suite of assets in Canada and Australia in the wake of the recent strategic workshops to identify our next development project after the Lac Rainy graphite project. In addition to Corvette River and Lac Rainy, we expect to provide further announcements over the Quarter regarding plans we are finalising to unlock value from our other exploration assets, which we believe will provide catalysts for a valuation re-rating of Metals Australia shares, which are trading well below cash backing.”   Read full #ASX announcement here: https://bit.ly/3yt1f4G   #MLS #ASXNews 

We have today announced assay results from the first diamond drill hole of Phase 2 drilling at our Chilean copper exploration project.   Highlights:   ➡ Drill hole GBY008 intersected an interval of 82 metres at 0.41% copper, 0.07 g/t gold. within 224m @ 0.31% copper, 0.06 g/t gold in IOCG-style mineralization from the base of gravel cover at 50m down hole depth ➡ Two additional holes, GBY009 and GBY010, have been completed and are currently being logged and sampled ➡ Drilling continues with a key objective of the programme being to test approximately 650metres of additional strike length at the northern end of the 1km long mineralized Gaby copper-gold discovery   “The first hole in this new drilling program intersected a zone of strong magnetite breccia hosting well developed copper-gold mineralization. The thickness and relatively shallow depth of the intersection in this hole underscores the significance of our recent IOCG discovery at Gaby.” ― Paul Gow, CEO   #copper #chile #exploration #energytransition     https://lnkd.in/eD7F2eE9

St Barbara announces that excellent progress has been made with the incorporation of the results from the FY24 diamond drilling program into the work being carried out to convert Simberi Inferred Mineral Resources to Indicated Mineral Resources as part of an Updated Mineral Resource and Ore Reserve estimate as at the end of the FY24 financial year. The teams are on track to complete the Updated Mineral Resource and Ore Reserve estimate for announcement in the week commencing 29 July. Key highlights from the FY24 diamond drilling program include: - Target for upgrading Inferred Mineral Resource to Indicated Mineral Resource lifted by 50% to 1.5 Moz, based on the work being carried out in preparation for the Updated Mineral Resource and Ore Reserve o  Increase from previous upgrade target of 1.0 Moz (see announcement of 23 January 2024 titled “Simberi Resource Definition Drilling 50% Complete; Targeting Upgrade of 1 Moz from Inferred to Indicated Mineral Resource”) - On track to announce updated Mineral Resource and Ore Reserve in July (targeting week commencing 29 July) - Board has accelerated approval of the Simberi FY25 diamond drilling budget of A$6.8 million for approximately 9,000 m incorporating: o  ~4,750 m of resource definition drilling at the Sorowar-Pigiput trend and the Samat deposit; and o ~4,250 m of exploration and sterilisation drilling to test six areas #diamondrill; #goldmining #goldexploration; #PNG

FireFly Metals Ltd (ASX:FFM), formerly AuTECO Minerals Ltd, has reported significant #copper, #gold, #silver and #zinc results — including up to 9.4% copper and 4.7 g/t gold — from outside the existing resource at the Ming Mine within its recently acquired high-grade Green Bay Copper-Gold Project in #Newfoundland, #Canada.  The results are from the analysis of 18 diamond drill holes completed in 2022 by the mine’s previous operator that were previously only tested for copper. In addition to the known high-grade copper, the new results demonstrate significant quantities of precious (gold and silver) and base metals (zinc) in the high-grade VMS zone. As part of its resource growth strategy, #FireFlyMetals has commenced an underground exploration drill drive as well as its 40,000-metre underground diamond drilling program for which assays are expected in coming weeks. More at #Proactive #ProactiveInvestors #ASX #FFM #AuTECOMinerals #AuTECO http://ow.ly/lMzG1055gCt

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

News Release: PTX Metals Announces Successful Near Surface Drill Results from W2 Cu-Ni-PGE Project which Significantly Expanded the Mineralized Trend Outside the W2 Deposit “Completion of the Phase 1 drill program was an important milestone for W2 and PTX Metals as it not only proved the exploration potential of this large package in one of Canada’s emerging and important mineralized regions, but it also served to strengthen the Company’s exploration team and community relations,” said Greg Ferron, CEO and President of PTX Metals Inc. “In addition, during the drill program we successfully completed the acquisition of a large deposit located in the central area (i.e., CA zones) of the project, which had seen significant shallow historical drilling to identify mineralized deposits; sufficient enough to support the current modelling program which includes generating 3-D shell geological and mineralization models, and to provide a range of grade and tonnage of the mineralization. “Notably, W224-03 and W224-07 from this Phase 1 program demonstrate the high success rate of discovering new mineralization over wide widths by drilling new conductors, which are abundant across the property. Furthermore, this highlights the potential to expand or identify new Cu-Ni-PGE deposits within the large claim package.”   https://lnkd.in/gSz2hGpM #miningnews #copper #nickel #miningandmetals #juniormining #MiningOntario #drilling #RingOfFire 🔥