De Grey Mining Ltd’s Post

**Western Mines Group starts diamond drilling at Mulga Tank Project** - Western Mines Group has commenced deep diamond drilling, specifically targeting drill-hole MTD029, at the #Mulga Tank Project situated in the #Minigwal Greenstone Belt within the Eastern Goldfields region of Western Australia (WA).    - The primary aim of this drilling endeavor is to delve into the potential for a sulphide-enriched keel within the deepest segment of the Mulga Tank complex, marking a significant phase in the exploration efforts of the #mineral exploration company. - Preceding this phase, the company successfully concluded a phase two reverse circulation #drilling programme, laying the groundwork for the current #diamond drilling initiative. - Notably, recent #exploration activities have yielded promising outcomes, with the discovery of #nickel sulphide mineralisation further affirming the project's potential for valuable mineral deposits. - This comprehensive exploration campaign aligns with Western Mines' strategic objectives, underpinned by the support of the WA Government's Exploration Incentive Scheme, underscoring the collaborative efforts driving exploration and development within the region. #mines #mining #rawmaterials #decarbonisation #mineralexploration

Delta Resources Begins the Next Phase of an Exciting 2024/25 Gold Exploration Campaign at Delta-1 in Thunder Bay, Ontario ⛏️ We are pleased to provide a corporate update as we begin our next phase of exploration at the newly expanded Delta-1 Project in Thunder Bay, Ontario. Highlights 🔸Delta has now outlined the Eureka Gold Deposit to a strike length of over 2.5 Kilometres and to a vertical depth of 300 Metres. 🔸The Eureka Gold Deposit remains open along strike and to depth. 🔸An 11 meter section of the Eureka Gold Deposit was exposed at surface through mechanical trenching assaying 1.23 g/t Gold over the whole section. 🔸Delta has Expanded its land position in the Eastern Shebandowan Greenstone Belt to a commanding 30,600 hectares or 306 Sq. kilometres. 🔸Newly expanded property contains multiple gold-endowed deformation zones spanning a cumulative strike length of over 30 kilometers. 🔸Planned next drill campaign to include continued expansion of the Eureka Gold Deposit and testing of new gold targets throughout the property. 📈TSX-V: DLTA | OTCBB: DTARF | Frankfurt: 6G01 📈 #Mining #Gold #ThunderBay #Ontario #Investing See the full news release ➡️ https://lnkd.in/grkWtd5X

The team would like to say big thank you to its shareholders new and old for huge amount of support we have received on the oversubscribed private placement. We will have the second Tranche wrapped up fast, and i do mean fast and then push towards phase 2 drilling. Come and follow us at www.opawica.com or here on LinkedIn #juniormining #goldmining #goldstocks #goldexploration #miningexploration #mining #metals #exploration #miningnews #juniormining #commodities #geology #deposits #mineralexploration #investmentresearch #equityresearch #equitymarkets #goldprice #silver #copper #preciousmetals #trading #financialmarkets #goldprices #commoditymarkets #investingnews #investinginthefuture #investorshub #investment #investmentbanking #finacialservices #resource #finacialplanning #finacialwealth #Sprottmoney

Great Boulder Resources Ltd (ASX:GBR) is testing the potential of the Polelle Gold Project near Meekatharra, Western Australia, in which it hopes to acquire a controlling share if exploration activities are fruitful. Under an agreement with Castle Minerals Ltd, Great Boulder has the option to pick up 75% of Polelle. The June drilling program involved 45 aircore holes across 1,764 metres, limited to four lines of shallow drilling – and assay results are now in. The drilling targeted areas in the northwest and eastern parts of the project and stayed within heritage clearances completed by Castle Minerals in 2022. While no significant gold was intersected, multi-element assays confirmed strong pathfinder anomalism, validating GBR's targeting model. More at #Proactive #ProactiveInvestors #ASX #GBR #Gold #Mining #PreciousMetals http://ow.ly/Mqq0105AGGY

Maximus Resources Limited Advances Hilditch Gold Project with Impressive High-Grade Discoveries ⭐ Exciting developments from Maximus Resources (ASX:MXR). Their latest drilling program at the Hilditch Gold Project in Western Australia has unveiled significant shallow high-grade gold intersections. With results like 4 meters at 12.44 g/t gold and 1 meter at a remarkable 25.93 g/t gold, the project is showing strong potential for near-term production. Maximus Resources is focused on bringing a significant portion of the Hilditch resource into the higher confidence JORC indicated category, and these latest results are a big step forward. The project’s proximity to existing processing facilities only adds to its potential as a valuable near-term asset. With ongoing exploration and preparations for open-pit operations, Maximus Resources is well on its way to unlocking the full value of the Hilditch Gold Project. Tim Wither Gregor Bennett Brayden Sprigg Dos Santos Rajita Alwis #GoldMining #ASX #MiningNews #Resources #Exploration

Maximus Resources Limited Kicks Off Second Phase Drilling at Wattle Dam Gold Project (ASX: MXR) Managing Director, Tim Wither, commented: “The commencement of the drilling program at Wattle Dam, follows the completion of a $3.2 Million Underwritten Entitlement Offer to accelerate Maximus’ gold exploration, with our lithium exploration fully funded through our KOMIR Joint Venture. The second phase drill campaign continues to explore a previously untested area on the western side of the regional Spargoville shear zone, immediately north of the Wattle Dam Gold Mine.” “At depth, the Wattle Dam high-grade mineralisation is intersected by the Spargoville shear zone, causing the mineralisation to appear to be terminated. The continued hypothesis for this drill program is that the Wattle Dam Main Lode has been offset by the late staged Spargoville Shear Zone. Our theory is that the continuation of the main lode could be found on the unexplored western side of the shear zone. Previous exploration drilling at Wattle Dam concentrated on the eastern side of the Spargoville shear zone, following the known plunge of the high-grade mineralisation.” (continues) Read our article below: https://lnkd.in/gRx49GMd #gold #mining #resources #geology #stocks #mxr #asx

Lefroy Exploration Ltd Launches Major Gold Hunt in Western Australia’s Golden Heart (ASX: LEX) CEO, Graeme Gribbin, expressed enthusiasm about the program: “Following the Company’s corporate restructure, strategic review and cost reductions, we have had our shoulders to the wheel to unlock value from our diverse portfolio of gold exploration targets and prospects in the vast 635km2 Lefroy Project.” “Our team has worked methodically and systemically to identify the highest-ranking targets for drill testing, which forms part of the new extensive AC program set to commence in coming days.” “Located in a rich gold district presenting significant regional exploration upside, our systematic and methodical approach now progresses to drill testing our targets with this AC program, which will include up to 350 holes potentially for up to 15,000m. The program is designed to target 40km of prospective strike along the Mt Monger to Talcum Faults, which both represent considerably underexplored gold corridors, and importantly will include our Location 45 ground that has not been subject to modern exploration at this scale in two decades.” Read our article below: https://lnkd.in/gyFNEd9c #gold #mining #exploration #geology #stocks #markets #lex #asx #news

Coverage stock Rimfire Pacific Mining Limited (ASX: RIM) (initiated @ 2.3c in 2016) has provided an important update with respect to exploration activity at the Bald Hill Prospect, located within its Broken Hill Project in NSW. RIM is currently undertaking a 6-hole/1,000-metre diamond drill program at Bald Hill, designed to test the significance of a very strong magnetic anomaly, which is interpreted to be a potential extension to previously drilled high-grade cobalt (Co) and copper (Cu) mineralisation. The Bald Hill magnetic anomaly trends NNE, dips to the southeast, and has a near-surface extent of 450 x 400 metres, extending to a vertical depth of approximately 300 metres below surface. 3D modelling suggests that the anomaly plunges to the southeast, with RIM’s 2023 diamond holes just “clipping” the top of the anomaly. Encouragingly, the first two holes in the program have successfully intersected multiple broad zones (downhole widths) of sulphide mineralisation, 100 – 200m away from previous high-grade cobalt drill intercepts (assays awaited). The project’s cobalt and copper prospectivity are highlighted by the presence of Havilah Resources’ (ASX: HAV) Mutooroo Copper Cobalt Gold Deposit 35km to the southwest of Bald Hill and Cobalt Blue’s (ASX: COB) Broken Hill Cobalt Project 10km to the south. #copper #cobalt #commodities #resources #exploration #mining #ausbiz #equities #NSW David Hutton FAusIMM

#ASXNews Drilling Underway at Surprise Copper Prospect NickelSearch Limited is pleased to announce that it has commenced RC drilling at the recently acquired Mt Isa North Project. • A 1,500m Reverse circulation (RC) #drilling program has commenced at the Surprise #Copper Prospect on the Mt Isa North Copper-#Uranium Project in NW Queensland. • The drilling intends to validate and extend existing mineralisation identified at the Surprise Copper Prospect, which includes historical drilling intercepts such as: - 23.8m @ 4.67% Cu from 51.2m inc. 12.8m @ 7.77% Cu from 62.2m (SH30) #NIS Chief Executive Officer, Johan Lambrechts, commented: "NickelSearch is embarking on a new and exciting journey of exploration, and we are thrilled to have our investors along for the ride as we hunt for the "red metal" in Queensland. NickelSearch has a "laser" focus on exploring the potential of this newly acquired project suite and to build opportunity for our investors. "Our maiden drill program at the Surprise Copper Prospect aims to validate historical drilling and extend known mineralisation. It will form the basis of future activities at Surprise as we plan to build something meaningful there. The greater project suite includes several additional and exciting copper prospects, which we will explore in conjunction with our main targets and priorities. "We also have strong uranium prospects in the region, but for the near term, we will focus on advancing the copper prospects and our shareholder value.” See the full announcement: https://loom.ly/VZb8Psg #NickelSearch #ASX #MiningNews #exploration

Riversgold Limited (ASX:RGL) is back on the drills at its Northern Zone Gold Project, 25 kilometres east of Kalgoorlie, Western Australia. The new campaign, to be conducted on a nominal 25-metre grid, has been designed to extend promising results from the maiden reverse circulation (RC) and aircore campaigns, which revealed shallower supergene gold mineralisation. Drilling will target the shallow, up-dip portion of the mineralised system, following a significant intersection of 18 metres at 4.14 g/t gold from 36 metres in the initial drilling phase. This new, two-week phase will target the identified fault, believed to be a controlling feature of mineralisation, involving some 1,500 metres of drilling to depths between 60 and 70 metres. More at #Proactive #ProactiveInvestors #ASX #RGL #Gold #Mining #PreciousMetals http://ow.ly/KyiY105BFmn