Maximus Resources Limited is pleased to announce encouraging final assay results from the second phase of drilling at the Wattle Dam Gold Mine. Located in Western Australia, this project is targeting the potential structural offset of the high-grade mineralisation on the western side of the Spargoville shear zone. Key Results: ➡️ Significant findings from hole WDNRC005 include 1m @ 4.57 g/t Au within a broader zone of 6m @ 0.34 g/t Au. ➡️ Hole WDNRC009 shows 1m @ 8.05 g/t Au, confirming the presence of coarse gold and strengthening the geological model. ➡️ A refined target area has emerged, and a third phase of drilling is planned for Q4 CY2024. These results build on previous findings, providing further confidence in the potential continuation of the high-grade Wattle Dam gold shoot. The discovery of coarse gold presents unique challenges, which Maximus has addressed through careful resampling and larger assay sizes, ensuring more accurate data. Maximus remains committed to advancing its exploration efforts while planning follow-up drilling programs and resource development at Wattle Dam. Tim Wither Gregor Bennett Brayden Sprigg Dos Santos Rajita Alwis #GoldExploration #Mining #ASX #MaximusResources #WattleDam #Gold
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𝗤𝘂𝗮𝗿𝘁𝗲𝗿𝗹𝘆 𝗔𝗰𝘁𝗶𝘃𝗶𝘁𝗶𝗲𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 (𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟰) We are pleased to report on our activities for the quarter ended 30 September 2024, highlighting key progress and discoveries across our projects in Western Australia and Nevada, with highlights including: Golden Range & Fields Find Projects (Western Australia) - Completion of Phase 2 RC drilling (29 holes, 5,028m) and Phase 1 Diamond Drilling (31 holes, 3,300m), returning excellent gold results, including: • 19m @ 4.94 g/t Au • 8.9m @ 8.93 g/t Au (including 2m @ 23.83 g/t) • 12m @ 6.98 g/t Au (including 3m @ 22.12 g/t) - Significant high-grade antimony intersected at the Ardmore pit, including: • 12.7m @ 6.03% Sb and 0.36 g/t Au • 1.85m @ 28.50% Sb and 0.45 g/t Au Big Springs Project (Nevada) - Continued progress on the Proposed Plan of Operation application. Corporate - Agreement signed for the sale of residual Golden Range camp assets for A$2.0M. - Cash balance of A$6.2M as at 30 September 2024, with no debt. We continue to advance exploration and development activities, with an updated Ricciardo Mineral Resource Estimate targeted for Q4 2024. We invite our valued shareholders to read the full Quarterly Activities Report here: https://bit.ly/47Zq3Pw Amanda Buckingham #WarriedarResources #WA8 #GoldExploration #Mining #QuarterlyReport #ASX
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📈 Astral Resources: Positive In-Fill Results at Iris for Mandilla PFS Astral Resources (ASX: AAR) is pleased to announce positive in-fill drilling results at the Iris Deposit, part of the Mandilla Gold Project. 🚀 Key Highlights: 21 holes totalling 3,702 meters in-fill reverse circulation (RC) drill program at the Iris Deposit. 🔍 Significant drill results include: ⛏️ 5m @ 10.3g/t Au (including 1m @ 47.1g/t Au) ⛏️ 20m @ 1.54g/t Au (including 1m @ 13.5g/t Au) ⛏️ 28m @ 1.54g/t Au (including 1m @ 23.6g/t Au) ⛏️ 12m @ 2.62g/t Au (including 1m @ 8.73g/t Au) ⛏️ 9m @ 1.65g/t Au (including 1m @ 6.16g/t Au) ⛏️ 14m @ 1.16g/t Au (including 1m @ 4.83g/t Au) 💎 Assays confirm significant gold grades across the central section 📊 Resource upgrade to the Indicated category planned for Q2 2025 🗣️ Astral Resources' Managing Director Marc Ducler’s Comments: “These results are very encouraging and support our plans to include Iris in the upcoming Pre-Feasibility Study for the Mandilla Project development. We are planning further drilling to increase the drill density in the remainder of Iris in 2025.” 📖 Read the Announcement Here: https://lnkd.in/gXTY4GFn 🌟 #AstralResources #AAR #GoldMining #Kalgoorlie #MandillaGoldProject #Mining #ASX #Investing #ResourceUpdate #GoldDrilling #PreFeasibilityStudy #GoldMineralisation #AustralianGold #DrillResults #MiningInvesting #GoldIndustry
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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
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We're excited to share our latest high-grade results from the ongoing surface and underground diamond drilling of the Kora, Kora South, Judd and Judd South deposits in addition to the Kora and Judd Northern Deeps targets. John Lewins, K92 Chief Executive Officer and Director, stated, “The latest set of drilling results continue to confirm our view that the resource expansion potential of Kora-Kora South and Judd-Judd South is very significant, in addition to significant opportunities to expand high-grade zones through increased drill density. The high-grade zones expanded vertically at K1, K2 and J1 are particularly important as they are immediately above our main mine workings, setting ourselves up well for the Stage 3 Expansion over the near and medium term in that area. To the south, the discovery of the new dilatant zone is very encouraging and the high-grade underground step-out intersections from the 1205 Level drill drive continue to support our view that like Kora, Kora South’s best grade potential is at depth, and we are just starting to scratch the surface there." Read the full results: https://loom.ly/kAKhdcU #K92Mining #DiamondDrilling #Mining #InvestinGold
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**CopperCorp begins drilling at #Razorback property in Australia** CopperCorp Resources has started diamond drilling at the Jukes Zone on its Razorback Copper-Gold-REE property in Tasmania, Australia. The initial program includes two #diamond drill holes, aiming to explore depth extensions of high-grade copper-gold #mineralisation. Results from the drilling will inform future plans, with CopperCorp holding approvals for up to 1,320m of drilling across four sites. No drilling has occurred at Jukes since the 1980s, but recent geophysical studies and 3D modelling have identified promising anomalies. The drilling coincides with the Tasmanian summer, and CopperCorp plans to ramp up work on other copper-gold targets, with surface sampling results expected soon. #mining #mineralexploration #mineralprocessing #decarbonisation
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Terrain Minerals LTD (ASX: #TMX) recent first pass aircore drilling at its Wildflower gold project in WA’s Murchison province has intersected #gold with hole 24WFAC062 returning a 9m intersection grading 1.17g/t from 30m including 3m at 2.61g/t. Drilling also returned multiple wide zones of lower-grade supergene gold anomalism such as 42m at 0.11g/t from surface in hole 24WFAC050 and 18m at 0.14g/t in 24WFAC051. New modelling has indicated that current drilling might only have intersected a supergene halo proximal to primary gold mineralisation. Follow-up reverse circulation drilling will test potential northwest trending structures the follow the three holes and is interpreted as a potential repetition of the sheer zones hosting the Rothsay deposit." - The Australian article : https://lnkd.in/gEUnkQrE #drilling #gold #results #resources #WA #mining #media JUSTIN VIRGIN Tau Media Pty Ltd
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Riversgold Limited (ASX: RGL) has completed its fourth aircore drilling program at Northern Zone, adding 1,545m to this year’s total of 8,971m of aircore and 1,363m of reverse circulation drilling. With 14 of 16 holes intersecting gold, results confirm excellent grades at shallow depths across the 600m-wide porphyry system. Encouraged by the success of Black Cat Syndicate Limited Myhree open pit operations, just 7km away #RGL are exploring similar potential for Northern Zone. Mineralisation remains open in multiple directions, and a Mineralisation Report and Mining Lease application are in progress. #ASX #Gold
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Coverage stock PolarX Limited (ASX: PXX) has provided an important update with respect to its Alaska Range Project, where it has released additional drilling results from its Caribou Dome deposit, where high-grade copper mineralisation outcrops at surface and has been intersected down to 300 metres vertical depth, whilst remaining open at depth. The results from four holes include 8.7m at 4.3% copper and 10.5 g/t silver, 15.5m @ 7.4% copper and 21.4 g/t silver, 20.5m @ 1.7% copper + 2.5 g/t silver, and 11.6m @ 1.8% copper + 2.1 g/t silver. The significance of these results can be seen in the company’s revised Scoping Study that was released earlier this year. The Study advised that upside resource expansion can be achieved with further successful drilling at both Caribou Dome and the Zackly deposit. The existing drilling to that point included mineralised intercepts 150m below the currently calculated resource. The Scoping Study outlined that if further drilling can extend the resource to that depth, an extra 2Mt could be mined from underground, which in turn would yield a US$130M/A$200M increase in projected pre-tax NPV (+32%). We also note that Northern Star Resources (ASX: NST) remains a significant presence on the register, with a 16% stake. #equities #resources #commodities #exploration #mining #copper #silver #ausbiz
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Aurumin Limited’s Central Sandstone Project Shines with 18m at 25.8g/t Au Intercept (ASX: AUN) Managing Director, Brad Valiukas, commented: “These are great results from a first pass exploration drilling programme. We achieved significant results at four out of seven targets; these were based on a combination of previous geochemical results and structural interpretation.” “Additionally we got a bonanza result with extensional drilling at Plum Pudding, with a top assay of 344g/t and an unexpected void, likely old workings. Plum Pudding is now a priority target for additional work so we can expand our, currently modest, 14koz Resource.” “We are focussed on the Central Sandstone Project and generating the critical mass required for future production, these results are a great step towards adding the required additional open pit material to support an operational restart.” Read our article below: https://lnkd.in/g5JUsadH #gold #mining #exploration #stocks #asx
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XTC Lithium Limited (ASX: XTC) has unveiled promising results from its auger drilling program conducted across the E77/2584 tenement, part of its Southern Cross package. This program involved 501 drill holes targeting gold trends along the Boodarding prospect, located near Marvel Loch and west of the Yilgarn Star gold mine. The drilling covered approximately 3.4 km of strike within the Archean Southern Cross Greenstone Belt, revealing gold anomalies of up to 374.5 ppb Au. Nine contiguous samples from the central area exceeded 100 ppb Au, surrounded by a broader halo of lower-grade gold, and significant anomalies were also observed in the southwest part of the drilling grid, extending beyond the survey's boundaries. The presence of magnetic anomalies suggests complex faulting and shear features, which could indicate the potential for vein-hosted gold mineralization. Additionally, the program identified a broad anomalous lithium zone in the mid-southwest. These findings highlight the exciting exploration potential of XTC Lithium’s Southern Cross package. #XTC #Lithium #Gold #Exploration #Mining #ASX #GoldTrends #Geology #MiningNews #ResourceDevelopment #SouthernCross #E77 #MarvelLoch #Yilgarn #Australia #Investing * Click here to subscribe for free 7-day access to our daily market insights and analysis: https://lnkd.in/gzhTXvNT
The auger drilling program identifies several gold trends | ASX News | Latest ASX News | ASX Listed Companies News | Kapitales Research, Australia
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