Matt Birney

Artemis Resources has hit a treasure trove of high grade gold, cobalt and copper drilling intersections from its Carlow Castle project east of Karratha in the Pilbara. Results include a knee trembling 132m intersection grading 4.89g/t gold, 0.25% cobalt and 1.11% copper from 98m down-hole at Carlow Castle South East. The company has now extended the mineralised footprint to a depth of nearly 250 metres below surface.

Ironbark Zinc has received expressions of interests from financiers who are looking to move towards more formal discussions about possibly financing the company’s giant Citronen Zinc project. The expressions of interest came after Ironbark management wrapped up a series of site visits to Citronen with interested parties. The company has also started preliminary site works at the project in anticipation of a positive outcome.

ASX listed Bellevue Gold’s infill drilling program has returned more high grade near surface gold hits including an impressive 2m @ 40.8g/t gold at the Tribune Lode within its Bellevue gold project in the W.A. Goldfields region. The company is also accelerating exploration at the its Viago Lode discovery with a view towards defining an initial resource that will upgrade the project’s current half a million ounce resource.

St George Mining has identified multiple nickel-copper sulphide targets from down hole electromagnetic survey programs at its Investigators prospect near Leonora in W.A. Recent drilling at the prospect identified sulphide mineralisation up to 7.55m thick, including nearly 1.3m of high grade massive sulphides. The company reported that a diamond rig has arrived at site to commence extensional and infill drilling on the new exploration targets.

Strike Energy’s landmark Jaws-1, super-deep coal seam gas well in the Cooper Basin of South Australia, continues to demonstrate excellent productivity with water production rising 18% to 1300 barrels per day. The pumps are being run at less than 50% capacity while reservoir pressure is currently about of the original pressure prior to beginning depressurisation. Strike is managing the water drawdown to maximise gas recovery.

Azumah Resources has outlined several new gold exploration targets from geophysical interpretations of a comprehensive VTEM survey at its emerging Wa East gold camp in northwest Ghana. The company says the 3km long Eve target has all the hallmarks of the Julie system nearby, which holds 834,000 gold ounces. The new target coincides with strongly anomalous gold geochemistry in surface sampling, but has not yet been drill tested.

Hammer Metals’ diamond drilling has returned a near surface intercept of 14m @ 5.93g/t gold and 2.19% copper including 5.5m @14.5g/t gold and 6.87% copper at the Jubilee prospect within its Mt Frosty JV near Mt Isa in Queensland. Fresh sulphide mineralisation samples from the drilling will be used for preliminary metallurgical studies to determine copper, gold and cobalt recoveries with results expected soon.

Reedy Lagoon has received some very encouraging results from a subsurface 3D geophysical survey at its Clayton Valley project in Nevada, USA. The survey shows an intriguing, 200m thick, conductive mass, starting from about 250m vertical depth, which the company says could represent multiple lithium-rich brine aquifers. The project is directly adjacent to Albemarle’s Silver Peak mine, which is North America’s only producing lithium brine operation.

Geopacific Resources has increased its effective interest in the promising Woodlark Island gold project in PNG to 93%. The company recently achieved its second tranche milestone with project JV partner Kula Gold Limited, of which Geopacific owns an 85% stake. On site, the company is continuing its extensive soil sampling program, which has outlined multiple targets and a DFS is also well underway.