Ausgold Hits Broad Gold Zones Across Key Regional Prospects

Submitted by Konrad Forrest on

14 May 2025 | Perth, WA – Ausgold Limited (ASX:AUC) has reported strong gold intercepts across multiple regional prospects within its 100%-owned Katanning Gold Project (KGP) in Western Australia, bolstering the company’s growing pipeline of potential satellite deposits.

The latest results come from a 32-hole RC drilling campaign totalling over 4,300m, targeting four regional prospects along the Stanley Thrust: Zinger, Stanley Hill, Moulyinning and McDougalls.

Highlights from Zinger include:

Core Lithium Delivers Restart Study for Finniss Project, Targets 20-Year Mine Life

Submitted by Konrad Forrest on

14 May 2025 | Perth, WA – Core Lithium (ASX:CXO) has released a Restart Study for its flagship Finniss Lithium Project in the Northern Territory, confirming its transformation into a long-life, low-cost underground mining operation with the potential to produce high-quality spodumene concentrate for the next two decades.

The updated study outlines a 20-year mine life, underpinned by 10.73Mt of Ore Reserves at an average grade of 1.29% Li₂O, and forecasts average production of ~205ktpa SC6 equivalent.

Nimy Commences Drilling at High-Grade Block 3 Gallium Prospect

Submitted by Konrad Forrest on

14 May 2025 | Perth, WA – Nimy Resources (ASX:NIM) has launched its Phase 2 drilling program at the high-grade Block 3 gallium discovery, part of the company’s extensive Mons Project in Western Australia.

The campaign targets the recently defined Block 3 Central anomaly, with the aim of extending mineralisation along strike and at depth. The 3-week program is expected to support the establishment of a Maiden JORC Resource, a key milestone for the emerging gallium project.

Key Highlights:

Leeuwin Metals Hits Shallow, High-Grade Gold at Marda Central

Submitted by Konrad Forrest on

14 May 2025 | Subiaco, WA – Leeuwin Metals (ASX:LM1) has reported strong assay results from its maiden RC drilling campaign at the Marda Gold Project in Western Australia, confirming the presence of shallow, high-grade gold mineralisation at the Marda Central prospect.

The Phase 1 program, comprising 2,000m of RC drilling, targeted extensions beneath existing open pits. Intercepts have demonstrated excellent continuity and mineralisation at depth, supporting immediate follow-up work.

Key intercepts include:

Auric Mining Breaks Ground at Munda Gold Mine

Submitted by Konrad Forrest on

13 May 2025 | East Perth, WA – Auric Mining (ASX:AWJ) has officially commenced mining operations at its flagship Munda Gold Mine, located just 5km from Widgiemooltha in Western Australia.

The first earth was moved from the Starter Pit on 10 May 2025, marking a major operational milestone for the company. Site preparation, including haul roads, waste dumps and ROM pads, is largely complete, with the full mining team now active on site.

Key Details:

Drilling Resumes at Legacy Minerals’ Thomson Project

Submitted by Konrad Forrest on

12 May 2025 | Bathurst, NSW – Legacy Minerals (ASX:LGM) has resumed drilling at its Thomson Project in north-western NSW, targeting large-scale intrusion-related gold-copper systems across the expansive 5,500km² tenement.

Following recent flooding, drilling has recommenced at the Cut-B anomaly, a high-priority gravity and magnetic target. This follows the successful testing of the nearby F4 anomaly, with assays pending.

Key Highlights:

Miramar Expands Gold Footprint at Gidji JV with New Aircore Results

Submitted by Konrad Forrest on

12 May 2025 | Perth, WA – Miramar Resources (ASX:M2R) has announced further significant gold intercepts from the current aircore drilling campaign at its Gidji JV Project near Kalgoorlie, highlighting continued expansion of the supergene gold footprint.

The drilling, targeting shallow mineralisation beneath paleochannel cover, returned several promising results, particularly at the Blackfriars target, which shares geological features with the nearby multi-million-ounce Paddington deposit.

Significant intercepts include:

Drilling Underway at Asra’s Leonora South Gold Project

Submitted by Konrad Forrest on

12 May 2025 | West Perth, WA – Asra Minerals (ASX:ASR) has commenced a focused drilling campaign at its Leonora South Gold Project in Western Australia, targeting the down-dip extensions of high-grade mineralisation at the Orion and Sapphire deposits.

The initial program includes approximately 1,000m of Reverse Circulation (RC) and 300m of diamond tail drilling across six holes, designed to follow up on standout results from the October 2024 campaign.

Key highlights from previous drilling include:

New Copper Target Emerges at Bluebird East

Submitted by Konrad Forrest on

8 May 2025 | West Perth, WA – Tennant Minerals (ASX:TMS) has identified a promising new copper target at its Barkly Project, with shallow historical drilling revealing a significant subsurface copper anomaly at Bluebird East—just 350 metres from the company’s flagship Bluebird discovery.

The Bluebird East anomaly, which spans a 250-metre strike, shows copper grades up to 1,200ppm Cu in ironstone and bears strong similarities to the "pre-discovery" signals observed over the high-grade Bluebird copper-gold deposit.