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DRILL BITS
regional roundupExploring together for success bostech.com.au

MAGNETIC PULL IN THE MARKET completed and the feasibility study update is also progressing
well.
Magnetic Resources NL had started deeper drilling following up
promising intersections within the northern part of the Lady Julie Meanwhile, oxide diamond coring of all new satellite deposits
project in late June, with a programme of 13 RC holes totalling for bulk density, metallurgical and geotechnical purposes was
1,185m over a 1.5km distance. planned to start in the first week of July.
Lady Julie, north of Granny Smith in Western Australia, is strongly Additionally, a high resolution airborne magnetic survey and
mineralised with Magnetic reporting 217 gold intercepts (1-19m) drone digital terrain model have been completed over M57/128,
greater than 0.5 g/t, which includes 94 greater than 1 g/t, 34 M57/129 and P57/1395 at Sandstone, with processing of the
greater than 2 g/t, 20 greater than 3 g/t and 13 greater than 4 g/t. airborne magnetic and radiometric data finalised. Interpretation
of that data was being done at the time of print, ahead of drill
The latest drilling programme is following up on 18 promising
planning at the Shillington Gap exploration target.
shallow intersections including 6m @ 2.1 g/t from 23m, 9m @ 2.3
g/t from 8m, 13m @ 1.3 g/t from 1m, 8m @ 1.08 g/t from 28m, 6m The company has also received an extension of the existing
@ 1.1 g/t from 5m, 23m @ 0.6 g/t from 31m (including 1m @ 6.64 POW over M57/129 meaning additional drilling at the McClaren,
g/t from 31m), 16m @ 1.07 g/t from 42m (including 4m @ 2.36 g/t McIntyre and Ridge satellite deposits, along with planned
from 50m). exploratory drilling of the Shillington Gap target is approved.
Magnetic has been a standout explorer on the ASX in 2020 and
has seen its share price surge from 46c/share to $1.22/share. RoxGoLd RoCKs IN CoTE d’IVoIRE
Roxgold Inc intersected 20m @ 28 g/t gold from 28m, including
MIddLE IsLANd UP THE CURVE IN PHAsE Two 3m @ 94.2 g/t from 30m at Ancien within the Séguéla project,
Cote d’Ivoire in June.
Phase two RC drilling at Middle Island Resources Ltd’s Ridge
prospect has delivered a hit of 4m @ 99.5 g/t (including 1m The intersection was struck during a programme of RC and
@ 390 g/t [repeat assay 502 g/t]) at the Sandstone project in diamond infill drilling which also included hits of 4m @ 18.7 g/t
Western Australia. gold from 38m and 3m @ 51.5 g/t from 43m, 13m @ 12.8 g/t
(including 3m @ 41.7 g/t from 38m).
“Assay results derived from infill and extension RC drilling at
the Ridge prospect are still incomplete and, as such, it is not yet Meanwhile, extensional drilling results of 7m @ 28.8 g/t gold from
possible to establish the full significance of this initial intersection 238m (including 3m @ 64.6 g/t from 240m), 14m @ 4.3 g/t from
in context,” the company said in a statement. 344m (including 7m @ 5.8 g/t from 344m), 3m @ 6.1 g/t from
354m and 14m @ 2.6 g/t from 268m were also reported.
About 9,000m of the Phase Two drilling programme has been
Rox chief executive John Dorward said the continuing high-grade
results at Ancien further underpinned the robust PEA released
recently and were expected to add meaningful ounces for
inclusion into the feasibility study early in 2021.
“With four rigs currently turning, I am confident that we will
continue to unearth further upside from the existing four deposits
as well as near-term targets on the property which are yet to be
tested,” Dorward said.

KINGsToN GETs sET AT LIVINGsToNE
RC drilling at Middle Island’s Ridge prospect has delivered Kingston Resources Ltd will start a 5,000m RC drilling programme
a hit of 4m @ 99.5 g/t
at the Kingsley prospect this month.

Exploring together for success

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