Dawn Van Zant’s Post

Phoenix Copper Limited (AIM:PXC, OTCQX:PXCLF) has reported good gold indications from exploratory drilling on its huge acreage at Navarre Creek in Idaho. Four areas were targeted with intercepts at two said to be “of significance”. Lehman Creek, in particular, showed a continuous zone of low-grade gold mineralisation intercepted up to a width of 22.9 metres, Phoenix added the mineralised zone is open along strike and down-dip.  Ryan McDermott, chief executive, said: "Navarre Creek is a vast exploration zone. “We initially selected four target areas, and it is very encouraging to note that two of those areas have returned mineralization of significance, worthy of further follow-up.  The initial drilling results in Target Area 1 were considered significant enough that we expanded the Navarre Creek claim block to the southwest by an additional 400 acres, bringing the total claim block size to 3,977 acres (16.09 km²).... More at #Proactive #ProactiveInvestors http://ow.ly/P7rx105u6Zq

We are pleased to share our Quarterly Activities and Cashflow Report for the period ending 30 September 2024. Results from our Phase 1 drilling program at Minyari Dome exceeded expectations, with new zones of high-grade gold mineralisation identified along the northern edge of GEO-01, as well as at the GP01 and Minyari Southeastern Extension targets. These discoveries not only expand our current resource base but also strengthen the growth potential for Minyari Dome as a cornerstone asset in our portfolio. Our recently completed Mineral Resource Estimate update was a major highlight, adding over 570,000 ounces of gold, including a maiden resource for GEO-01. Following this, we released an updated Scoping Study that reaffirmed the technical and financial strength of Minyari Dome, with a robust pre-tax NPV of up to A$1.7 billion. This study underscores our commitment to delivering shareholder value through a combined open-pit and underground mining operation, projecting 1.3 million ounces of total initial production over the next decade. Looking forward, we are well-positioned for further progress with the commencement of our Phase 2 drilling program, which focuses on resource growth, additional high-priority exploration targets, and preparation for metallurgical testing to support a future Pre-Feasibility Study. Additionally, the completion of our Citadel JV sale to Rio Tinto has strengthened our balance sheet, allowing us to advance Minyari Dome with even greater momentum. We invite our shareholders and stakeholders to review the full report for a detailed look at our achievements this quarter and our strategic path forward: https://bit.ly/3C9Akgb   Roger Mason Mark Rodda   #AntipaMinerals #AZY #GoldExploration #MinyariDome #Gold #PatersonProvince #ASX

Maximus Resources Limited has confirmed high-grade gold intersections at the Eagles Nest gold deposit following a recent Reverse Circulation (RC) drill program. The results indicate substantial resource potential, with multiple shallow high-grade zones intersected, including: ➡️ 8m at 3.12g/t Au from 45m and ➡️ 13m at 1.39g/t Au from 36m. These findings highlight lateral extensions beyond the existing resource model and confirm the potential for future resource growth. Managing Director, Tim Wither, stated that "these shallow results demonstrate broad, continuous mineralisation along strike, bolstering the company’s near-term gold production plans. A follow-up drill program is planned to further enhance resource confidence at Eagles Nest, following priority drilling at the 8500N Paleochannel." Maximus Resources remains focused on sustainable resource growth and gold production, leveraging its significant exploration efforts in the Kambalda region. The company is well-positioned to deliver long-term value to stakeholders, with assay results indicating open mineralisation both at depth and along strike. The follow-up drilling is expected to add confidence to the resource classification, paving the way for an updated Mineral Resource Estimate. Gregor Bennett Brayden Sprigg Dos Santos Rajita Alwis #GoldExploration #Mining #MaximusResources #ASX #GoldInvesting #EaglesNest

#ASXNews VIKING COMMENCES STRATEGIC REVIEW OF THE FIRST HIT GOLD PROJECT Viking Mines is pleased to announce the commencement of a comprehensive strategic review of its 100%-owned First Hit Gold Mine, located 45 km west of Menzies and 2 hours north of Kalgoorlie in the Eastern Goldfields region of Western Australia. • In light of current record #gold prices & the substantial inherent value and #exploration potential on Vikings tenure, the Company has commenced with a strategic review of the gold potential and opportunities at the First Hit Project. • The Company holds and has applications covering ~480km² in a significant gold endowed region, located in the Eastern Goldfields, 2 hours north of Kalgoorlie in Western Australia. • Multiple operating mills are located close to the Project, with Ora Banda Mining’s (ASX:OBM) Davyhurst operations only 40km south of Viking’s First Hit Gold Mine. • The First Hit Gold Mine has substantial historical unmined drilling intercepts which reflect the narrow vein high grade style of mineralisation present in the area including: - 4m @ 26.1 g/t Au from 58.0m (BFH005) - 3m @ 77.6 g/t Au from 224.0m (BFH030) - 4.9m @ 64.8 g/t Au from 62.1m (FHU045) • Subsequent to the review, the Company envisages commencing with a drilling programme to test key targets prioritised for evaluation. #VKA Managing Director & CEO Julian Woodcock said: “The First Hit Gold Project represents a compelling opportunity for Viking Mines considering the current strong gold price environment.” “With substantial high-grade drill intercepts and significant unmined zones, we are optimistic about the potential for mineral resource growth and the creation of value for our shareholders.” “We look forward to completing this strategic review and sharing the outcomes with the market and commencing with a drill programme to test the gold opportunities on our extensive tenure.” See the full announcement: https://loom.ly/THJw1lI #VikingMines #ASX #mining

Yandal Resources Ltd (ASX:YRL) has soared on an emerging #gold discovery at the New England Granite Prospect of the Ironstone Well–Barwidgee (IWB) Gold Project in Western Australia, dubbing it 'Siona'. The company’s reverse circulation (RC) drilling program completed early this month struck a broad zone of gold mineralisation in fresh rock at Siona, with an intersection of 78 metres at 1.2 g/t gold from 96 metres of depth to the end of the hole. That included two higher-grade sections - 5 metres at 3.2 g/t gold from 102 metres and 5 metres at 2.8 g/t from 139 metres. Shares have more than doubled as a result with investors paying as much as $0.22 per share, an increase of 120% and a new high of more than two years. More at #Proactive #ProactiveInvestors #MiningAustralia #GoldMining #GoldStocks http://ow.ly/WRuk105Ms1A

\[Sent with Free Plan\] Rumble Resources Ltd \(ASX: RTR\) has released initial results from a diamond and RC drilling program targeting the Western Queen South deposit, revealing significant high-grade gold intersections. The program, which began in May 2024, aims to test the continuity of multiple high-grade gold zones beneath Western Queen South and along the strike of the Western Queen Central deposits. Key Highlights: - \*\*Significant Discoveries\*\*: The first two diamond drillholes, WQDD012 and WQDD013, targeted the steep plunge beneath WQRC1883 and intersected notable mineralisation, including 5m @ 38.76 g/t Au from 193m and 17m @ 5.7 g/t Au from 221m. WQDD013 also intersected a potential new high-grade lode with intervals including 5m @ 5.05g/t Au from 216m and 16m @ 1.32g/t Au from 264m. - \*\*Strategic Advantage\*\*: The project's proximity to three gold processing mills - Checkers, Tuckabianna, and Dalgaranga - offers a logistical advantage, enhancing the project's viability without the need for new processing infrastructure. - \*\*Exploration and Growth Plans\*\*: Rumble plans to continue drilling to delineate and extend high-grade gold mineralisation. With the lode system at Western Queen South remaining open down-dip and along strike, the potential for further discoveries is high. The company's strategy includes targeting high-priority zones between Western Queen South and Central mines. - \*\*Project Overview\*\*: The Western Queen Gold Project, located within the Yalgoo mineral field of Western Australia, has historically produced 215,000 oz of gold. The current mineral resource estimation stands at 2.1Mt @ 2.42 g/t Au for 163,200oz. The project benefits from being within a 100km radius of three operating gold processing mills, providing a significant strategic advantage. Peter Harold, Managing Director and CEO of Rumble Resources, commented, 'We are pleased with the initial results from the drilling at Western Queen, which has confirmed the continuation of gold mineralisation. The discovery of a potential new lode highlights the prospectivity of the project. We look forward to growing the resource base at Western Queen.'

#ASXNews Encouraging Near Surface Copper and Gold Results Returned At Red Mountain Xanadu Mines Ltd is pleased to report encouraging #copper and #gold results across all four prospects drilled at the 100% owned Red Mountain Copper and Gold Project, in the South Gobi region of Mongolia. • Approximately 4,880m of discovery-focused diamond drilling completed across four prospects has encountered significant, shallow mineralisation warranting near term follow-up. Best intersections include: • EPITHERMAL GOLD EXTENSIONS AT TARGET 33 • 41m @ 1.07g/t Au from 34m (OUDDH128) Including 5m @ 2.67g/t Au from 38m And 6m @ 2.28g/t Au from 58m • 29m @ 0.54g/t Au from 4m Including 4.1m @ 1.39g/t Au from 18m (OUDDH130) • MAIDEN DRILLING FOR HIGH GRADE COPPER SULPHIDE LODES AT NOWIE • 8m @ 1% Cu and 0.12g/t Au from 267m (OUDDH134) • 14m @ 0.75% Cu and 0.26g/t Au from 113m (OUDDH136) #XAM’s VP Exploration, Dr Andrew Stewart, said: “We are very pleased with the latest results from the Red Mountain diamond drilling program which tested several shallow gold and copper targets. At Target 33 drilling continues to define multiple broad zones of near surface gold mineralisation that remain open a long strike, The first drilling at Nowie has been very encouraging returning broad intervals of copper and gold, including several narrower intervals of higher-grade copper demonstrating both scale and grade potential. These latest drilling results validate and refine our exploration models providing our exploration team with direction towards a significant discovery at Red Mountain. Follow up drilling is planned for the second half of 2024”. See the full announcement: https://loom.ly/A18ZfL8 #XanaduMines #MiningNews #ASX

Helix Resources Limited (ASX:HLX) has identified some large-scale gold extensions at its Muriel Tank Gold Project in central New South Wales. The project, 60 kilometres west of Nyngan, has shown strong potential for additional high-grade gold discoveries following recent auger sampling. A total of 335 auger drill holes revealed continuity of gold mineralisation over a 3-kilometre strike between the Golden Horseshoe and Russell’s area. There is no auger coverage to the west, which suggests further untapped potential. The prospective strike at Mitchell’s has been extended 150 metres south and remains open in that direction. Rock chip sampling along strike 170 metres north of Mitchell’s shaft yielded assays up to 17.92 g/t gold, confirming the area’s high-grade potential. More at #Proactive #ProactiveInvestors #ASX #HLX #Mining #Gold #PreciousMetals http://ow.ly/rqNB105Rmkk

⛏ Drilling is underway at Mt Palmer. Kula Gold has commenced an RC Drill program (to test the down plunge, along strike extensions to the historically known orebody) at the Company’s 51% acquired Mt Palmer #Gold Mine located near Marvel Loch WA in the Southern Cross Goldfields. 🗣 Kula’s Managing Director Ric Dawson comments:  “This historically rich ‘half ounce’ gold mine has had ~200 work hours of analysis by Kula’s technical team and shows solid targets for high-grade Gold mineralisation extending down plunge." 🔘 The historic Mt Palmer Gold Mine (formerly Yellowdine Mine) was last commercially mined in 1944 down to the 6th Level (~160m) at 15.9 grams/tonne. 🔘 Significant desktop work has progressed on the surrounding tenements to test the full extent of the 10km long greenstone belt with high priority targets to discover high-grade Gold mineralisation. 🔘 15km from the Marvel Loch Gold processing plant and infrastructure, and 90kms from the Edna May Gold plant, aligns with Kula’s strategy of exploring near to existing operations to fast track any discovery to monetary success. The mine lease and surrounding areas have excellent exploration potential for the discovery of additional deposits, given limited systematic exploration to date. ⚙ More details below. #goldexploration #exploration #mining #westernaustralia #southerncross #drilling

#ASXNews VIKING BOOSTS FUNDING AND EXPANDS FIRST HIT GOLD DRILLING PROGRAMME TO 20,000 METRES Viking Mines is pleased to announce it has received binding commitments from sophisticated and professional investors to raise ~A$2.39 million (before costs) under a placement of fully paid ordinary shares. • Funding boosted via a strongly subscribed placement to sophisticated and professional investors, raising ~A$2.39 million. • First Hit Gold Project #drilling programme subsequently increased 4x to ~20,000m to test high-priority targets along 25km of underexplored Zuleika Shear greenstone belt. • #Exploration campaign now fully funded with ~A$5 million in cash reserves. • Enhanced focus on exploring untapped potential in unexplored greenstone adjoining the >1.3Moz Riverina-Mulline Gold Camp, targeting high-grade #gold. • Multiple operating mills located close to the Project, with Ora Banda Mining’s (ASX:OBM) operating underground Riverina mine 8km east and the Davyhurst operations 40km south of Viking’s First Hit Gold Mine, respectively. #VKA Managing Director & CEO Julian Woodcock said: “We are extremely pleased with the strong support for the Placement, enabling Viking to significantly expand exploration activities at the First Hit Gold Project. “Amidst a robust global gold market, Viking is in a strong position to advance this expanded exploration strategy and unlock the potential of our high-grade gold assets along the Zuleika shear. “We have a substantial land package in the right geological setting with multiple priority targets that warrant testing. The region is host to multiple major high-grade gold deposits and our tenure encompasses and adjoins the greenstone belt which hosts the >1.3Moz Riverina Camp and is directly along strike from the >1.2Moz Central Davyhurst Camp, both held by Ora Banda Mining. “With multiple gold exploration work streams now underway, we look forward to providing updates on both the First Hit Gold Mine mineral resource potential assessment and the initial drilling programme across high priority regional targets in the near future.” See the full announcement: https://loom.ly/tQa9ibU #VikingMines #ASX #MiningNews