Doug Bright

Kalgoorlie Gold Mining has kicked off a high-resolution aeromagnetic geophysical survey in the northern half of its Pinjin project, 140km north-east of Western Australia’s important mining centre of Kalgoorlie. The survey will provide modern quality data with significantly better resolution than is currently available for the northern part of the project that covers the prospective Jungle Dam area and southward extensions of the Edjudina Goldfield.

Novo Resources has unveiled the conceptual exploration target for its Belltopper gold project in Victoria of between 1.4 and 2.1 million tonnes containing between 320,000 and 570,000 ounces of gold. Belltopper lies in the highly-prospective Bendigo Tectonic Zone, about 52km south along strike from Bendigo and 15km south-east of Castlemaine – areas that have produced about 22.4 and 5.6 million ounces of gold, respectively.

In this week’s edition of Bulls N’ Bears Big Hits, we examine some notable drill intercepts revealed on the ASX, including Mithril Silver and Gold’s 33m at 31.8g/t gold and 274g/t silver at its Mexican project. We also look at other interesting drill hits as reported by Flynn Gold from its Trafalgar zone and from Patronus Resources’ Cardinia project near Leonora in Western Australia.

GreenTech Metals has intersected thick copper-zinc zones below six shoots during a new 1743m drilling program, indicating significant resource expansion potential at its Whundo project in WA’s Pilbara region. The campaign was designed to drill-test underexplored mineralisation along a 2.1km-long string of targets at Whundo and was followed up by DHEM surveys on selected holes in a bid to identify new copper-zinc mineralised zones.

Aurum Resources has scored extensive gold grabs reading up to 11.46m at 6.67g/t in four diamond drillholes during a second campaign at the BM Target 1 within its Boundiali gold project in Côte d'Ivoire. The program entailed five diamond drillholes for 914.5m and delivered a crop of broad, shallow medium to high-grade gold hits, with responses indicating mineralisation remains open along strike and down-dip.

In this week’s edition of Bulls N’ Bears Big Hits, we examine some notable drill intersections revealed on the ASX, including Solstice Minerals’ solid gold reveal after air-core drilling in WA. We also take a look at drill hits from last week as reported by Peel Mining from its Cobar South projects in NSW, Sun Silver in Nevada and Cauldron Energy in WA’s North West.

ABx Group’s innovative work in exploring, drilling and processing ionic-adsorption clay rare earths deposits in Tasmania last year has been rewarded with a Federal Government rebate of more than $437,000. The timely cash injection comes less than a month after the company’s 83 per cent-owned subsidiary ALCORE received a similarly-sized rebate for its work on a process to recover and recycle waste aluminium fluoride.

Aurum Resources has cemented a 51 per cent foothold on the BM joint venture within its Boundiali gold project in Côte d'Ivoire after completing more than 8000m of diamond drilling at the West African site. The company can now secure up to 80 per cent of the BM operation it shares with Minex West Africa by hitting further exploration milestones.

Surefire Resources’ soil sampling at its Yidby East gold project in Western Australia’s Mid West region has identified anomalous base metals similar to of the nearby Golden Grove style of volcanogenic-hosted massive sulphide (VHMS) deposit. The company’s Phat Boy target sits about 50km south/south-east of 29Metals’ world-famous Golden Grove and other nearby VHMS deposits in the same belt.