AuMEGA Metals’ Post

#ASXNews: New #Gold with #Silver & Base Metals Results Highlight Potential Discoveries in Three Key Areas at Corvette River   Metals Australia Ltd has released the results of its Phase 1 mapping and sampling program on its Corvette River Project. The program focused on three separate target areas within the broad tenement package, covering over 22km of strike length of the highly prospective Lac Guyer Greenstone Belt, located north and south of the Corvette River in northern Quebec.   The Phase 1 sampling program focussed on three key prospects: Felicie on the Corvette Lithium Trend, which hosts Patriot Battery Metals’ world-class Corvette Lithium Project, and the West Eade and East Eade claims on the parallel Corvette South Trend.   CEO Paul Ferguson commented: “The results we have received from our first phase exploration program at our Corvette River project in Quebec are extremely encouraging, confirming three emerging gold discoveries at our Felicie, West-Eade and East-Eade prospects. The results further underline the prospectivity of the three zones tested for gold, silver and base metals. All three areas warrant more detailed investigation, and our team is working closely with the local Magnor Exploration team on defining next steps for a follow-up program, including further systematic trenching and targeted sampling.” Read the full #ASX Announcement which includes the Phase 1 results: https://bit.ly/408Hw61

A trial heavy mineral separation test, using samples from historical drilling at Petratherm Ltd Rosewood Prospect, has returned highly significant Heavy Mineral (HM) grades and mineralogy. Composite samples from the wide spaced drill holes over 2.5 kms returned HM concentrations of 12.0% and 12.5 % from shallow depths. Laboratory analysis confirms high #titanium mineral content of the HM fraction with results reporting approximately 65% TiO2, indicating a significant portion of higher value Ti Minerals are present. Learn more: https://loom.ly/aXN5HoQ #PTR #ASX #HMS #exploration

Terra Metals Limited (ASX: #TM1)) is pleased to announce that assay results from partial sampling of the diamond core from the 2023 EIS co-funded diamond drilling program at the Onslow Project has revealed the presence of high-grade silver mineralisation. Hole OND003 intercepted a geological zone which assayed 6m @ 179g/t Ag from 160m, with a high-grade zone of 1m @ 1,060g/t Ag, 0.23% Cu and 0.99% WO3. Download the announcement here: https://lnkd.in/gtXPMpV5 Managing Director and CEO Thomas Line commented: “Intercepting high-grade silver mineralisation is a great result for a first pass reconnaissance drilling program in a frontier province. We are aware of an untested EM anomaly just to the south of the high-grade silver mineralisation and we are now reviewing available datasets to determine a model for high-sulphidation epithermal silver mineralisation, and the possibility of a porphyry source.” #silver #tungsten #copper #frontier #WesternAustralia #exploration #drilling #asxnews #investing #stockstowatch #TM1

#ASXNews AuMEGA Metals announces results from the remaining assays related to the Bunker Hill till survey and the reconnaissance-style diamond drill program at Malachite, both located along the Cape Ray Shear Zone (“CRSZ”) in Newfoundland and Labrador, Canada. • Limited till program at Bunker Hill West delivered significant #gold-in-till anomalies including 148 ppb and 94 ppb gold, nearly 40 times the crustal abundance level. • Gold-in-till anomalism at Bunker Hill represents a large geochemical footprint surrounding historical outcrop samples grading upwards of 18.67g/t gold, 35.3g/t #silver and 4.2% #lead. • Gold-in-till anomalism at Bunker Hill correlates with significant structural complexity revealed from recent high-resolution airborne magnetic surveys. • Results from limited reconnaissance diamond #drilling at Malachite confirmed further gold and #copper mineralisation in bedrock. • Planning for 2025 #exploration program expected to include largest drill program in the last three years. #AAM Managing Director and CEO, Sam Pazuki commented: “...The bottom line is that we have a massive land package along a major gold structure that already hosts our own mineral resources as well as Calibre’s five million ounces at the Valentine Project. In my experience, large deposits in greenstone belts are rarely “one-offs”, but rather they are one of multiple deposits hosted in a belt. We are well positioned with our landholdings to identify and discover areas with the potential to host other multi-million-ounce gold deposits. With our recent confirmation of high-grade copper in outcrop, we also believe there is significant potential for intrusive-related copper discoveries. We have used our bestin-class exploration techniques to test areas, identify new targets and advance projects forward. Bunker Hill is a prime example of one of these projects where we have allocated limited capital to-date but have advanced it to the stage where substantial drilling is now confidently justified.” See the full announcement: https://loom.ly/BuhcX5s #AuMEGAMetals #ASX #TSXV #AUM #MiningNews

Early signs that Iltani Resources' Orient target has scope to grow with RC #drilling intersecting #silver-#lead-#zinc-#indium veins at the blind A2 anomaly, sitting 650m SW of Orient West, validating ILT's use of #geophysics to identify #targets. Orient West Phase 2 drilling #results due soon

High-grade mineral sands discovery at our Farrelly Mineral Sands Prospect in Victoria with thick, continuous zone of high-grade mineralisation defined over a ~1,200m x ~600m area. From 91 holes drilling, 33 holes contained intersections >10% THM, with 11 holes containing intersections >20% THM. Falcon Metals’ Managing Director Tim Markwell said: “The results at Farrelly are quite outstanding and define what appears to be a discovery of a continuous zone of high-grade heavy mineral sands over a sizable area, which remains open. While it is early days in our understanding of Farrelly, with more drilling and test work required, it is shaping up to become a significant mineral sands deposit, in proximity to other major deposits, but at far higher grades." Read the full ASX announcement: https://lnkd.in/g3HZJhhE #FAL #mineralsands #exploration #asxnews

𝐅𝐢𝐫𝐬𝐭 𝐂𝐥𝐚𝐬𝐬 𝐌𝐞𝐭𝐚𝐥𝐬 𝐛𝐞𝐠𝐢𝐧 𝐟𝐢𝐞𝐥𝐝 𝐰𝐨𝐫𝐤 𝐟𝐨𝐫 𝟐𝟎𝟐𝟒 𝐞𝐱𝐩𝐥𝐨𝐫𝐚𝐭𝐢𝐨𝐧 𝐬𝐞𝐚𝐬𝐨𝐧 First Class Metals PLC (FCM), have announced that field work for the 2024 season is now underway. The UK-listed metals exploration company is focused on economic metal discoveries in northern Ontario, Canada. 𝐒𝐮𝐧𝐛𝐞𝐚𝐦 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲 FCM is reviewing and sampling historic Nuinsco and TerraX core samples at their Sunbeam property. The TerraX core includes approximately 1,500m of previously drilled material. The focus is on identifying gold values in the host rock to assess for additional mineralisation. Historical drilling by TerraX has shown promising results, including intersections with significant gold grades up to 18.8 g/t Au over 0.3m at the Roy zone. The Market Bull - Daily Stock News #FCM #Gold #Ontario #Exploration #criticalmetals For the full article please click the link: https://lnkd.in/guc-x8QB

Fenix Resources (ASX: FEX) today announced outstanding drilling results from the Iron Ridge exploration program, including: ✅ 163m @ 66% Fe ✅ 98m @ 64% Fe ✅ 57m @ 63% Fe These results confirm the exceptional quality and continuity of the Iron Ridge hematite resource, with mineralisation extending along 380m of strike and remaining open to the southwest and at depth. A high-resolution aeromagnetic survey has further enhanced our geological understanding, identifying additional hematite targets near the mine. Looking ahead, Fenix is preparing an updated Mineral Resource Estimate (MRE) this quarter and exploring opportunities to optimise mine life and operations while respecting important heritage zones. This marks an exciting step forward as we continue to build on the strength of Iron Ridge's high-grade iron ore and position Fenix for future growth. 📄 Read the full announcement here: https://loom.ly/INMFOPE #FenixResources #IronOre #MiningNews #ASX #ExplorationSuccess #IronRidge

BTS As Geologists Filter Core Samples For Assays 🚨 ➡️ Power Nickel (PNPN:TSX-V) (PNPNF:OTCQB) 🕵️♂️ Join CEO @terrybali at the mine for an exclusive look 🙋♂️ Learn about the techniques used to discover new deposits What You Should Know ⬇️ ✅ Advancing High-Grade Copper Exploration 🦁 Expanded High Grade Polymetallic Lion Zone by 50% 🔥 Legends Robert Friedland + Rob McEwen + CVMR + Terra Capital = Significant Credibility & Visibility 💰 Fully Funded 30,000-meter drill program 🥇 Developing Canada's 1st Carbon-Neutral Nickel Mine CEO Says: 💬 "People Will Be Embarrassed They Didn’t Invest" https://lnkd.in/gytXq3TY #BTS #exclusive #nickel #polymetallic #base #metal #metals #platinum #palladium #copper #precious #gold #silver #natural #resource #mining #discovery #drilling #results #massive #biggest #deposit #lion #zone #world #class #fully #funded #validation #carbon #neutral #first #smallcap #smallcaps #smallcapstocks #stocks #pennystocks

ECR Minerals Plc (AIM: ECR) #ECR - Initial diamond drilling results from Duke of Cornwall Lode at #Tambo #Gold Project, Victoria ✅ Best drill intercepts from Hole DOCD002 include 0.15 metres @ 24.10 g/t Au and 0.40 metres @ 8.51 g/t Au ✅ Supporting surface channel (chip) sampling from the Main Lode returned exceptional results including 0.2 metres @ 180 g/t Au and 0.25 metres @ 27.80 g/t Au. MD Mike Whitlow: ''These early results from the Duke of Cornwall Lode system are outstanding and validate the geological potential of this area. The high-grade gold intercepts, consistent mineralisation across the Main Lode, and the promising visual indicators in the core give us confidence in the continuity and potential scale of the system..." read: https://lnkd.in/ezyFc4xi Andrew Scott Nick Tulloch