Matt Birney

Terrain Minerals looks to be vectoring in on gold mineralisation hidden below surface dirt at its Wild-viper prospect lying adjacent to the Goldfields Highway, 68km south of Leanora in WA. Terrain said encouraging first pass drill results from its maiden drill tests at Wild-viper confirmed the potential for widespread mineralisation suggesting it could be on the edge of something more significant.

ASX-listed explorer, Victory Mines, has kicked off a round of RC drilling targeting historical high-grade drill hits at its second-string but intriguing Bonaparte base metals project about 70km north of Kununurra in the Kimberley region, WA. The company has started the 10-hole program at Bonaparte that will include twinning historical drill holes with modern drilling methods and sampling techniques.

ASX-listed minerals and advanced materials development company, Neometals, has continued to build a comprehensive nickel inventory at its Mt Edwards project in Western Australia. Recent work has included a doubling of contained nickel within its 132N deposit resulting in an updated resource weighing in at 460,000 tonnes at 2.0 per cent nickel.

ASX-listed PGM junior, Impact Minerals, has identified a “potentially powerful geochemical vector” that it says increases towards higher-grade nickel-copper-platinum group metals mineralisation at the Platinum Springs prospect which forms part of its Broken Hill project in NSW.

ASX-listed Canadian focused gold explorer, Ardiden, has firmed up its wholly-owned South Limb prospect in north-western Ontario having completed all the permitting requirements to enable exploration activities to advance. South Limb, which is a highly prospective brown-fields property, lies directly along strike from the historical Dona Lake gold mine and is one of 18 prospects being lined up for exploration.

Godolphin Resources’ evaluation of its Lewis Ponds project has presented some intriguing possibilities for the company with an assessment of the previous drilling unearthing a number of outstanding drill intercepts including 91m at an impressive 2.30 g/t gold and 79 g/t silver from 427m, including a high-grade core of 10m at 8.82 g/t gold and 255 g/t silver.

Troy Resources’ Smarts Underground deposit in South America continues to produce outstanding results with the company confirming three ounce-to-the-tonne, or better, gold hits at its Karouni gold project in Guyana. The ongoing reserve definition drill program returned a first hole intersection of 1m going 57.60 g/t gold from 221m where it is already sitting on a one million-ounce resource estimate.

ASX-listed West Africa bauxite hopeful, Lindian Resources, has unveiled a 53-million-tonne increase in the resource estimate at the Lelouma bauxite project in Guinea to a monster 900 million tonnes going 45 per cent alumina as the company looks to demonstrate it could be sitting on one of the highest-quality undeveloped bauxite projects in the world.

ASX-listed Kingwest Resources has hit paydirt again at its flagship Menzies gold project about 130km north of Kalgoorlie as the company seeks to shore up confidence in the resource. The results, which include 4m at 11.04g/t gold from 47m, also hint that an upgrade to its current mineral resource estimate may soon be on the cards.

In one of WA’s hottest new gold plays, CZR Resources has made another high-grade discovery in a shallow drill hole at the Top Camp prospect at its Pilbara-based Croydon project, located 75km west-south-west of De Grey Mining’s stunning Hemi gold deposit. The latest drill hit returned a healthy 2m at 22 g/t gold from 7m, including 1m at 42.2 g/t gold.

ASX-listed gold producer, Horizon Minerals, continues to capitalise on a strong Australian-dollar gold price at its low-grade Boorara gold mine, 10km east of Kalgoorlie-Boulder, peeling off a rapid-fire $4.89 million in revenue. The bounty was secured courtesy of a second batch of contract trial mining and toll treatment of open-pit ore that culminated in the production of 1,845 ounces of gold that sold for an average $2,654 an ounce.

ASX-listed manganese developer Element 25 has picked up a handy $1 million from the $3 million sale of the Cummins Range rare earths deposit in WA’s East Kimberley region which the company says will be ploughed into its developing $15 million Butcherbird manganese mine in the Pilbara.

Aspiring gold producer in Indonesia, Sihayo Gold, has launched a 22-hole diamond drilling program totalling 5,500m at the exciting Hutabargot Julu prospect at its Sihayo gold project in North Sumatra. The ASX-listed, Brisbane-based company successfully flew in and set up the first drill rig in the mountainous terrain, with the second rig expected to be mobilised to site next week.

Paydirt Media is set to keep the ball rolling in Australia’s resurgent mining sector conference circuit, this week hosting the Australian Nickel Conference at Perth’s Pan Pacific Hotel. The conference kicks off at 8 am, Tuesday 6 October 2020, showcasing a who’s who of the nickel sector and their projects across Australia and the Asia-Pacific region.

Legend Mining’s ongoing drill campaign at Mawson continues to paint a picture of a mineralised system growing in both scale and grade with the latest drill hole intersecting over 26m of nickeliferous sulphide in RKDD027. The visually spectacular drill core includes 15.45m of massive sulphides, across three zones of mineralisation, and a further three zones of 10.80m of semi-massive and matrix sulphide - the hunt continues across the Mawson discovery in WA’s Fraser Range.

ASX-listed explorer, Impact Minerals, has defied the weather gods and kept the drill rods turning at its Broken Hill platinum group metals project in western NSW. Despite numerous interruptions to drilling work brought on by unseasonal heavy rain, the Perth-based company hopes to finish its current RC program by the end of the week, with assay results from the exciting Platinum Springs and Red Hill prospects to follow shortly.

Kairos Minerals is shifting through the gears as it accelerates its exploration program across the Pilbara. In the wake of a successful capital raising last week the company has doubled the size of its current drilling program over the emerging goldfield and is set to smash out 10,000m of reverse circulation drilling as it tests its highly prospective Tierra, Fuego and Mt York gold prospects

Wiluna Mining Corporation has given the green light on the expansion of processing operations at its world-class gold mine and is poised to increase production to more than 100,000 ounces of gold per annum. The increase will flow from the construction of new sulphide concentrator at the operation to produce a second product stream for sale into the growing global gold-in-concentrate market.

ASX-listed Cote d’Ivoire gold hopeful, Mako Gold, has refined its board of directors with specific West African experience as the company looks to accelerate exploration work at its flagship Napie gold project towards a maiden resource estimate in the March 2021 quarter.

TNT Mines has released a string of high-grade uranium results from its East Canyon project in Utah. These results are the balance of the company’s recent underground sampling program in the northern project area and have returned assays grading up to an impressive 12,700 ppm uranium oxide and 4.53 per cent vanadium pentoxide with follow up drilling now being planned across the prospect area.

Middle Island continues to pile more gold into its inventory at Sandstone, with the company tabling its maiden resources for both the Plum Pudding and Old Town Well discoveries increasing its resource book at the developing WA gold project to 692,000 ounces. The company’s updated feasibility study for Sandstone is scheduled for release in the coming months.

ASX-listed explorer, Victory Mines, has fired up the drill bit at its joint-ventured historic Coogee gold project about 55km south-east of Kalgoorlie as it looks to tease out high-grade extensions aiming to build on the resource left by its JV partner more than six years ago. That inferred and indicated resource estimate stands at 96,000 tonnes grading 3.4 grams per tonne for 10,600 ounces of contained gold.

Unlisted Barton Gold has confirmed the high-grade gold prospectivity of its Deliverance target below the historical Perseverance pit, with fresh ‘ounce-to-the-tonne’ drill results from its Tarcoola Phase 1 campaign. The best hit at its developing South Australian project was 3m going 33.7 g/t gold from 220m downhole, including 2m at a stellar 49.6 g/t gold.

ASX-listed Quantify Technology has entered into an equity partnership arrangement with 100-year-old unlisted Gerard Private Holdings, owner of GSM Innovations, or “GSM-I” which produces a range of internet-connected household devices as Quantify seeks to shore up a dominant position in the smart home technology sector.

ASX-listed Oakdale Resources has been granted new exploration ground covering its Gibraltar Halloysite-Kaolin project on South Australia’s Eyre Peninsula where historical drilling uncovered shallow kaolinitic clays, adjacent to Andromeda Metals’ Mount Hope halloysite project. Confirmation of the news charged the company's share price more than 23 per cent higher in daily trade by Thursdays close.

Legend Mining is on a roll in the Fraser Range with recent exploration over its Rockford South tenure outlining a third electromagnetic, or “EM” target at the Hurley prospect. This is the fifth EM target the company has generated in its southern tenure, with the prospect area quickly shaping up as Legend’s newest nickel sulphide target.

ASX-listed explorer, Victory Mines, has moved to bolster its board and management as an RC drilling program gets underway at its joint-ventured high-grade Coogee gold project about 50km south-east of Kalgoorlie. Non‐Executive Director Matthew Blake has stepped up to the role of Executive Director of the Perth-based company taking on extra responsibilities, while Zaffer Soemya has been appointed as a Non‐Executive Director.

Venus Metals Corporation has joined the hunt for the next Julimar nickel-PGE discovery in WA with the company acquiring two new tenements at Bridgetown East. The tenure covers over 270 square kilometres of prospective stratigraphy and hosts a previously defined electromagnetic sulphide target in the southern portion of the project area. Geophysical and geochemical surveys over the target are expected to kick off in the coming weeks.

Eclipse Metals has extended the high-grade envelope of manganese mineralisation surrounding the historical mine workings at its Amamoor project in Queensland. The Stage 1 drilling program intersected manganese mineralisation from surface within the old mine area whilst the Stage Two drilling, proximal to the old workings, also continues to intersect high-grade ores – samples are being dispatched to the lab with results expected in the coming weeks.

AI-powered, home care service provider InteliCare has expanded its reach across the Australian healthcare sector entering into an agency agreement with Melbourne-based company, Rehab Hire, to distribute its technology in Victoria. The agreement will result in Rehab Hire receiving a commission on products sold and is not subject to sales targets or exclusivity: Rehab Hire intends to recruit a dedicated sales manager to market the InteliCare product line.

ASX-listed gold producer, Wiluna Mining, has increased the total resource base for the main Wiluna Mining Centre, or “WMC” at its historic Wiluna project in WA by nine per cent to 5.1 million ounces of contained gold – from 52.98 million tonnes of ore going 3 grams per tonne gold. With a global resource of 7.3Moz, Wiluna is now the seventh largest gold district in Australia.

Indiana Resources surprised investors this morning releasing details of a substantial compensation claim against the Tanzanian government following the expropriation of the company’s Ntaka Hill nickel project in 2019. Indiana’s claim to the World Bank, acting as arbitrator, is for a cool US$95 million and is expected to increase as the company develops its full ‘statement of claim’ in the coming months.