Page 52 - pd292-Apr21-mag-web
P. 52

DRILL BITS                                      www.capdrill.com                                                                                                          www.capdrill.com




       Mineral sands success               recorded gold production and at least 10   Log on to Earaheedy
                                           advanced pre-resource gold prospects at
       in Mozambique                       Yalgoo, our initial strategy was to confirm   The  Geological  Survey  of  Western
                                           the value of the Melville gold deposit as   Australia  (GSWA) was set  to release
        Drilling results from the first 25 of the   our key surface gold asset, and we have   final  data  from  the  Earaheedy–Desert
       planned 395 holes at MRG Metals Ltd’s   achieved that nicely,” Firefly managing di-  block of the TEMPEST 20km line-spac-
       heavy mineral sands  Marao  project in   rector Simon Lawson said.       ing survey at the time of print.
       Mozambique have reportedly been ex-                                       Data will be available for download
       tremely successful.                                                      via GSWA’s GeoVIEW.WA interactive
        Drilling was focused on an initial esti-  Auteco adds more pickle       mapping application, with a complete
       mated 5sq km HMS target, with nine of                                    data package also available from Geo-
       the holes returning a visible estimate of   Auteco Minerals Ltd has satisfied Stage   science Australia’s eCatalogue at ecat.
       about 3% THM from surface to 13.5m.   1 earn-in conditions to lift its stake in the   ga.gov.au/geonetwork.
        The company said the early results   Pickle Crow gold project, Ontario, to 51%.  Funding  for  acquisition  of  the  data
       from Marao were very promising and    Auteco’s  substantial  cash  position  of   was from the WA State Government’s
       pointed to the potential of more targets   $29.4 million has enabled it to drill freely   COVID-19 Recovery Plan, which pro-
       being identified at the project.    at Pickle Crow, which has an inferred re-  vided an additional $5 million to the EIS.
        Auger drilling adjacent to the Marao   source of 2.8mt @ 11.3 g/t for 1 moz gold.  Data from remaining blocks of the
       camp site had started at the time of print   Drilling continues to deliver high-grade   AusAEM20-WA programme will be re-
       to optimise new field crew training, with   results outside the current resource and   leased as they become available.
       drilling moving to the south-west corner   further results are set to be delivered
       before progressively heading east.   soon.
        “What we are seeing in our initial re-  A resource update is expected in Q2.
       sults at Marao is reflective of the continu-
       ing exploration success in being able to
       identify potential targets. As we continue
       with our success in defining shallow min-
       eral sands deposits, we hope to identify
       a number of targets for follow up aircore
       drilling,” MRG chairman Andrew Van Der
       Zwan said.
       Flying on Yalgoo

       resource

        A maiden resource of 196,000oz gold
       at the Melville deposit has set a nice plat-
       form  in  the  centre  of  Firefly  Resources
       Ltd’s  wholly-owned  Yalgoo  gold  project,
       in Western Australia’s Mid West.
        About 80% of the resource is in the in-
       dicated category, with the company car-
       rying out a 30,000m drilling programme
       to deliver at least seven resource esti-
       mates at Yalgoo, while evaluation of the
       project’s broader upside and growth po-
       tential is assessed during 2021.
        “While we have over 100 gold targets,                           Auteco increased its stake in Pickle Crow to 51% last month
       30 or so untested historical workings with




                                                                                                                                 Complete



                                                                                                                                 Mining Services






                                                                                                                                 Contact us to discuss your project   info@capdrill.com   |   www.capdrill.com





       Page 52   aPRIL 2021    aUSTRaLIa’S PaYDIRT
   47   48   49   50   51   52   53   54   55   56   57