The Next Big Rush’s Post

STRICKLAND METALS LIMITED (ASX:STK) announces the strongest gold mineralisation ever encountered at the 5.4Moz Au Eq Rogozna project. The first hole drilled by Strickland at Shanac has returned a spectacular intercept of: 89.7m @ 4.0g/t AU from 244.5m, including 24.1m @ 10.5g/t Au from 296.2m. This is the first time this high-grade, gold only zone has been intersected in drilling at Shanac, highlighting the potential to substantially enhance the existing 4.6Moz Au Eq Shanac resource. Multiple additional zones of strong mineralisation encountered in this hole, amounting to a total intersection of: 293.9m @ 2.5g/t Au Eq2 from 162.3m. #STK #GOLD

Impressive results here

Strickland Metals Ltd (ASX.STK) announces a pipeline of growth targets for its Rogozna Gold and Base Metals Project in Serbia. The company has identified significant new targets based on strong IP chargeability anomalies. These anomalies show stronger responses than those associated with the Shanac and Copper Canyon deposits, which host a combined 5.4 million ounces of gold equivalent. A review of historical drilling at Jezerska Reka has revealed porphyry-related alteration and veining, confirming it as a high-priority target for large-scale copper-gold mineralization. Drilling in this area is scheduled to commence in the coming weeks, with four rigs already active across the Rogozna project. ASX: https://lnkd.in/gtSz2Akf #STK #gold #copper

Emperor Metals (CSE: AUOZ, OTCQB: EMAUF, FSE: 9NH) reports positive results from first three holes of their 2024 drilling program at their Duquesne West project in the Abitibi gold camp. #goldexploration #gold #drilling #Abitibi #mininginvestment #equityresearch Each of the first three holes reported intersections that could indicate the potential for resource expansion within the open pit concept at this project. The intersections included 52.1 m at 0.8 g/t gold in hole DQ24-02. This a signficant interval for a project that was initially modeled as a narrow underground resource. Adjacent projects provided a new model for the open pit potential of this region. Their open pit resources used cut off grades as low as 0.4 g/t at gold prices of USD1650/oz. Each of the holes reported included intervals at or above this grade. Gold prices are over USD1,000/oz higher at this time. The near surface potential of the Duquesne West is a new focus for this project and holds the potential to deliver significant resource growth. https://lnkd.in/grQ-CVPw Couloir Capital's initiating report on Emperor Metals can be found at: www.couloircapital.com #equityresearch #discovery #investmentanalysis

NEWS RELEASE Abitibi Metals Secures Third Drill for On-Going Drill Program at the High-Grade B26 Polymetallic Deposit Jonathon Deluce, CEO of Abitibi Metals, commented, "We are excited to add a third rig to the drilling program at the B26 Polymetallic Deposit, where we continue to observe exceptional copper mineralization and the recent release of some of the highest-grade intercepts in the Project's history. Given our ongoing success at the Main Deposit and Satellite West Target, adding a third rig allows us to advance B26 aggressively on multiple fronts, maximizing metres at these targets while further unlocking the Project's exploration potential at a high-priority target in the Eastern Extension where we see a second path to potentially expanding the main deposit." Read: https://lnkd.in/gCJTsXTp CSE: AMQ 🇨🇦 OTC: AMQFF 🇺🇸

Resource definition #drilling within the M1 South Main Deeps Resource at our Sanbrado #Gold Operations in Burkina Faso has returned high-grade mineralisation including 36m at 11.1 g/t gold and 11m at 31.2 g/t gold. WAF Executive Chairman Richard Hyde commented: “Infill drilling at M1 South beneath current Ore Reserves continues to intercept high-grade gold mineralisation with results aligning exceptionally well with the current geological model. “We look forward to including these strong drilling results into the upcoming Mineral Resource and Ore Reserve update and 10-year production outlook which is planned for release in Q1 2025. “WAF is on track to produce 4.2 million ounces over the next decade, with annual production set to peak in 2030 at 494,000 ounces of gold. Our unhedged resources now stand at 12.8 million ounces and Ore Reserves at 6.4Moz of gold.” Read the full ASX release here: https://loom.ly/a-Szi2Q

The timing couldn’t be better for a “spectacular” 308-metre #gold intersection at 1.9 g/t gold equivalent from Strickland Metal’s (ASX:STK) Rogozna Gold and Base Metals Project in Serbia, with #GoldPrices hovering near all-time highs of US$2,547.50 an ounce. Proactive’s Tylah Tully offers #JustTheFacts on the strong drilling result, which included several broad, high-grade zones – most notably 90.9 metres at 2.3 g/t gold from 333.7 and 61.3 metres at 3.5 g/t gold from 470.9 metres. “We are also excited to report that we have commenced drilling a follow-up hole to ZRSD24149,” Strickland managing director Paul Lherpiniere said. “Specifically targeting an extension to the newly identified ‘gold skarn’ which returned the spectacular intercept of 89.4 metres at 4.0 g/t gold from 244.5 metres, within a broader mineralised envelope of 293.9 metres at 2.5 g/t gold from 162.3 metres depth.” Read more about STK’s drilling results on our website. https://ow.ly/KX4b50T3xLQ #ASX #STK #GoldMining #MiningAustralia #GoldStocks

Strickland Metals Ltd (ASX:STK) has revealed strong evidence in a review and modelling of recent drilling data that the Palomino and Clydesdale prospects at the Yandal #Gold Project in Western Australia are part of the same mineralised system. The company now believes Clydesdale is a splay shoot of mineralisation off the main Palomino structure, which could also be connected to the Marwari prospect. Both Clydesdale and Palomino were investigated as part of Strickland’s 2023 aircore program, where peak results of 39 metres at 6.1 g/t gold from 25 metres (with a higher-grade component of 7 metres at 22.2 g/t) have yet to be followed up with deeper drilling. More at #Proactive #ProactiveInvestors #ASX #STK #MiningAustralia #GoldMining #GoldStocks http://ow.ly/tXu1105lxh6

Abitibi Metals Corp (CSE:AMQ, OTC:AMQFF) has announced the final results from its Phase 1 drill program at the B26 Deposit, showcasing significant mineralization and setting the stage for an aggressive Phase 2 program starting in July. Highlights from the Phase 1 drill program include 0.75% #copper equivalent (CuEq) over 57.75 metres starting at 81 metres depth, including 2.33% CuEq over 11.3 metres, as well as 4.43% CuEq over 5.8 metres and 3.97% CuEq over 9.75 metres. More at #Proactive #ProactiveInvestors http://ow.ly/Hqmq105xwRV

We've received outstanding results from the initial metallurgical testing at the BD Target 1 prospect at our Boundiali Gold Project in Côte d'Ivoire, West Africa with gold recoveries up to 99%. Bottle roll tests on 50 samples confirmed that the gold mineralisation is free milling, with cyanide leach recoveries consistently above 93% for samples grading 0.25 g/t gold or higher. Oxide samples exhibit exceptional gold recoveries, averaging 97.5% and reaching a maximum of 99%. The results align with typical free-milling ores, and further testing is planned to optimise processing flowsheets. We are well-funded following a recent A$17 million share placement and are rapidly expanding our drilling program, targeting the delivery of an initial JORC resource by the end of 2024. Managing Director Dr. Caigen Wang said: “Preliminary gold recoveries meet our expectations and confirm gold at BDT1 is highly amenable to standard cyanide leaching. While further work is needed, these are very encouraging results. We are well funded following a recent Share Placement and Share Purchase Plan and rapidly expanding our drilling program at Boundiali. We will have six Aurum-owned diamond rigs running from the end of August as we target delivery of an initial JORC resource for Boundiali by the end of 2024.” Read the full ASX Announcement here: https://lnkd.in/guqzTDQm #AUE #Aurum #gold #WestAfrica #ASX #ASXNews #MiningNews