Previously reported air core drilling at the Caledonia Prospect provided increased understanding of this promising target, which most recent interpretation places at the far northern end of the ~10km long Browns-Darlington-Caledonia basalt trend in the highly gold-prospective eastern Stawell Corridor. The results from three lines at the Caledonia Prospect, situated to the south of NSMs discovery holes on this prospect, confirmed and extended significant gold grades above 1g/t Au, from 250m to 620m strike length. 570m south of Caledonia along the Browns trend, historic mining activity yielded grades over 15g/t Au. 800m further south on the same trend is Darlington, a priority target for drilling in January 2025. Caledonia is under <5m of unmineralised sediments (cover), more than enough cover to be blind to historic prospectors. Learn More: https://lnkd.in/gtNifCzS #ASX #NSM #resources #gold #exploration #stawell #preciousmetals #investment #investor
North Stawell Minerals Limited (ASX:NSM)’s Post
More Relevant Posts
-
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
To view or add a comment, sign in
-
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
To view or add a comment, sign in
-
𝗥𝗶𝗰𝗰𝗶𝗮𝗿𝗱𝗼 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗠𝗶𝗻𝗲𝗿𝗮𝗹 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲 𝗘𝘀𝘁𝗶𝗺𝗮𝘁𝗲 𝗨𝗽𝗱𝗮𝘁𝗲 We are pleased to share the release of an updated Mineral Resource Estimate (MRE) for the Ricciardo Gold Deposit, part of our flagship Golden Range Project in Western Australia. Through targeted and efficient exploration, we have achieved a 99% increase in contained gold ounces, with the Ricciardo MRE now standing at 947.5koz @ 1.8 g/t Au. This growth reflects the success of our strategy to target high-grade extensions below shallow existing pits. The updated MRE includes 467.5koz @ 1.6 g/t Au from open-pit operations (75% in the Measured and Indicated category) and 480koz @ 2.0 g/t Au for underground extraction. Achieved at an attractive all-in discovery cost of approximately A$16/oz, this substantial MRE addition highlights both the efficiency and quality of our exploration efforts. The Ricciardo system remains open at depth and along strike, presenting significant opportunities for further growth. Across the broader Golden Range Project, total Mineral Resources have increased to over 1.28Moz gold, a 58% improvement that also reinforces the enormous potential of the 25km-long ‘Golden Corridor’. Our ongoing reverse circulation drilling at the southern end of the corridor is progressing well, with nine holes completed to date and assay results pending. As our Managing Director and CEO, Dr Amanda Buckingham, shared: “This is the result we have been working towards all year. With less than 15,000m of targeted, efficient drilling we have added over 470 koz to the Ricciardo deposit, doubling the Resource. The simple strategy of drilling below shallow open pits to find mineable ounces worked exceptionally well for our producing neighbours. The validity of this strategy is now beyond doubt, for us.” We remain committed to delivering exceptional results and look forward to sharing updates as we continue unlocking the potential of this world-class tenure and region. Read the full announcement here: https://bit.ly/3CuMz73 #WarriedarResources #WA8 #GoldExploration #Mining #ASX #Gold #WesternAustralia
To view or add a comment, sign in
-
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. #copper #equities #ausbiz #commodities #resources #silver #mining #exploration
To view or add a comment, sign in
-
Karora Resources. (TSX: KRR) (OTCQX: KRRGF) announced further results from gold exploration and infill drilling targeting the Fletcher zone at the Beta Hunt Mine, Australia. Highlights: * 14.5 m of 17.3 g/t gold, including 6m of 35.3 g/t gold. * 6.9 m of 6.2 g/t gold and 16m of 3.5 g/t gold. * 8m of 6.2 g/t gold and 15m of 153.7 g/t gold. Drilling over the past 12 months has defined Fletcher mineralization over 800 metres north of the Alpha Island Fault, with potential to extend a full 2.2 km of strike to the northern lease boundary. Fletcher Stage 3 drilling has commenced, targeting the 300-metre strike length between the recently completed northernmost drill line to the 2016 Discovery Hole (WF14-98). Intriguing. Want to Learn More? #TheNextBigRush
To view or add a comment, sign in
-
⛏ Latest Bulls N' Bears feature on Kula Gold in The West Australian: 📰 'Kula to target shallow WA Gold prospects in upcoming program' "Kula Gold plans to target a plethora of shallow #Gold prospects in its upcoming drill program at the Company’s existing 51 per cent owned Mt Palmer Gold Mine in WA’s Southern Cross Goldfields region. In addition to the multiple targets on offer, the company aims to generate a range of new prospects from its ground that sits within a 10km long greenstone belt. Management says it plans to target the potential greenstone belt appearing to run for about 10km to the east of the historic mine - aptly dubbed Mt Palmer East. Kula Gold says the potential eastern zone was uncovered from coincident geophysical surveys and previous air-core (AC) drill programs conducted across the site. The original AC drill program on the eastern ground was completed in 1993 and targeted bedrock mineralisation for a single east-to-west, 3.5km line traverse, with varying gold grades discovered between 86m and 89m. The company notes historic 1m hits ranged from 0.56 grams per tonne gold up to 102g/t and, importantly, it believes there has been no reverse-circulation (RC) or diamond drilling into the underlying bedrock. Kula Gold now plans to set its sights on the eastern area and furiously drill into the basement rock, as part of a significant program to unlock the full potential of the site." 📰 Continue reading the Full Article in The West Australian: https://lnkd.in/gYY_NCki ⛏ Kula's ASX Release: https://lnkd.in/gexkXNDR #mining #goldexploration #drilling #exploration #bullsnbearswa #westernaustralia #thewestaustralian
To view or add a comment, sign in
-
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
To view or add a comment, sign in
-
Power Nickel. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVVI) is pleased to announce it has started the 2024 summer Drill Program with 20 holes targeted and over 8,000 metres of drilling as the Company continues ramping up exploration for additional mineralized zones of high-grade Copper, Platinum, Palladium, Gold, Silver and Nickel at the polymetallic Lion Zone on its Nisk Property in Nemaska, Quebec. Following up on the successful results recently obtained at the Lion Zone, the summer drilling program will initially keep focus on the discovery, with the aim of demonstrating an even further depth continuity and to test for lateral occurrences of similar polymetallic mineralized sulphides lenses. The first few holes are designed to test the area below PN-24-051, PN-24-059 and PN-24-062; the three deepest intersections to date. https://lnkd.in/g4rnvemR #PowerNickel #Mining #Exploration #Drilling #Copper #Platinum #Palladium #Gold #Silver #Nickel #LionZone #NiskProperty #Nemaska #Quebec #Mineralization #HighGrade #TSXV #OTCBB #Frankfurt #SummerDrillProgram
To view or add a comment, sign in
-
Ongoing Exploration at the Williams Brook Gold Project ⛏️ ▪️Surface exploration will start in May, including a stripping and sampling program along the favourable 4 km corridor. This will help ensure drilling success to improve further and expand the Lynx Gold Deposit. ▪️The 3D model of the Lynx Gold Zone mineralization, incorporating the results of the 2023 drilling at depth and along strike at the LGZ, is almost finalized. The updated model will provide Puma with additional high-grade drilling targets at the LGZ for future drilling. ▪️Puma continues to develop and derisk the Williams Brook Gold Project. Last year, metallurgical work was undertaken to understand and mitigate any issues with gold recoveries. This past winter, a small-scale simulation was conducted on a 3-tonne bulk sample. Results are encouraging, and a comprehensive review of the completed work will be announced shortly. ▪️To keep claims in good standing, some exploration programs will be conducted this summer away from the LGZ and the Company’s primary area of focus, as well as on Puma’s other properties. Details of these programs will be announced in due course. 🔹TSXV: PUMA | OTCQB: PUMXF🔹 #Gold #Mining #Exploration #NewBrunswick #Canada #Goldmining #Preciousmetals #BaseMetals #Miningstocks Learn more ➡️https://lnkd.in/dsgyzR6q
To view or add a comment, sign in
-
Power Nickel. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to present a thorough exploration update on its discovery of the Lion Zone at its Nisk Project near Nemaska Quebec. The Company is also pleased to be publishing the drill assay database to date for the Lion Zone on the company's website. https://lnkd.in/gg8YF4JF Based on assays reported to the market to date, the Lion Zone has been intercepted across a strike length of 550 meters. This mineralized zone is adjacent to an ultra mafic rock unit that outcrops at surface for 1.8 kilometers. So far as part of the winter drill program, the Company has been drilling west of the established 550 meters of strike length, stepping out at 150 meter increments. https://lnkd.in/gYFXwts4 #PowerNickel #NiskProject #LionZone #NickelExploration #QuebecMining #MineralDiscovery #MiningNews #JuniorMining #ExplorationUpdate #NickelSulfide #ResourceDevelopment #BatteryMetals #CriticalMinerals #SustainableMining #DrillProgram #MiningIndustry #CopperNickel #MiningInvestors #ExplorationResults #MiningDiscovery
To view or add a comment, sign in
1,262 followers