119.2 METRES @ 3.9 AuEq AT SUNDAY CREEK

Submitted by Konrad Forrest on

Southern Cross Gold Ltd announced today a spectacularly wide intersection of gold-antimony mineralisation grading 119.2 m @ 3.9 g/t AuEq from 106.8 m in drill hole SDDSC033 at the 100%-owned Sunday Creek Project in Victoria. The drill hole also intersected 8 high-grade intersections >30 g/t Au with assays up to 119.5 g/t Au.

Fosterville owned by American gold Giant Agneco Eagle (Australia’s highest grade gold mine) is located just 30km to the North West

Spear Hill Lithium Project

Submitted by Konrad Forrest on

Calidus Resources Limited was pleased to announce that the maiden drill program has commenced at Pirra Lithium’s Spear Hill discovery located in the Pilbara region of Western Australia. The initial drill program will comprise of 38 holes for approximately 3,000m. The program will test a pegmatite that has yielded assays of 0.66%–2.34% Li2O3 and a second poorly-exposed pegmatite to the north.

De Grey Still Crowing

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De Grey Mining Limited announced today the following drilling update for the Crow Zone at the Hemi Gold Discovery, located approximately 60km south of Port Hedland in Western Australia
Hemi is surrounded by world-class infrastructure within a Tier 1 mining jurisdiction. The overall scale of Hemi continues to increase with dimensions growing to approximately 2.5km north to south and 2km west to east with three main zones (Aquila, Brolga and Crow) defined within this large gold system. The Crow zone is located immediately adjacent and north of the Aquila zone.

Bonanza gold grades continue at Starlight with 3m @ 884.7g/t

Submitted by (not verified) on

Musgrave Minerals Ltd reported assay results for a further five reverse circulation (“RC”) drill holes and the first five diamond drill holes from the current program at the new Starlight gold discovery at Break of Day. Drilling continues to confirm the high-grade nature of the Starlight and White Light gold discoveries. Starlight remains open down-dip where drilling is continuing. All intercepts reported in the current drilling program are outside the existing Break of Day resource estimate.

More Success at Panda

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Pantoro Limited advised today that its follow up RC drilling program at the recently discovered Panda Deposit has successfully extended mineralisation to the North and South, with mineralisation open in both directions along strike.
Results from the latest round of drilling include:

2 m @ 12.70 g/t Au.
2 m @ 9.10 g/t Au.
5 m @ 4.65 g/t Au.
3 m @ 9.41 g/t Au.
3 m @ 3.7 g/t Au.
3 m @ 4.12 g/t Au.
3 m @ 3.11g/t Au.

Alto's Lord Nelson is Thick and Shallow

Submitted by (not verified) on

A 36 METRE THICK ZONE OF SHALLOW GOLD MINERALISATION, INCLUDING 20m @ 2.3g/t gold from 64m.
Four-metre composite samples assay received for the first two RC drill holes targeting shallow gold mineralisation south of the historic Lord Nelson pit have been received, with gold mineralisation intersected in both drill holes.
Assay results include:

36m @ 1.6 g/t gold from 48m (SRC183) incl. 20m @ 2.3 g/t gold from 64m
4m @ 4.1 g/t gold from 112m (SRC182)

52% Increase in gold resource at MDI's Sandstone project

Submitted by (not verified) on

Explorer and aspiring gold developer, Middle Island Resources Limited announced today updated resource estimates have been completed for the Shillington (including Shillington North) and Wirraminna gold deposits within the Company’s wholly-owned Sandstone gold project in the central goldfields of WA. The updated estimates follow completion of limited infill and extension drilling undertaken as part of the +30,000m 2020 exploration and resource definition drilling campaign at Sandstone.

Genesis starts major drilling program

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Genesis Minerals Limited announced today that a major new drilling program has commenced at its 100%-owned Ulysses Gold Project in Western Australia, focusing on the recently acquired Kookynie tenement package. The drilling program, which will continue over the remainder of CY2020, will comprise a combination of Resource definition and expansion drilling along the Ulysses to Orient Well corridor.

Calidus to accelerate exploration and construction

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Calidus Resources Limited announced today that it had received firm commitments to raise $25 million via a share placement. The bids received under the Placement exceeded the Placement Shares to be issued, and accordingly, some bids will be scaled to accommodate the strong demand. Proceeds of the Placement will be used to fund a dual strategy of commencement of works at the Warrawoona Gold Project in the Pilbara and enlarging the Company’s exploration programmes.