Page 54 - pd290-Feb21-mag-web
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DRILL BITS                                      www.capdrill.com                                                                                                          www.capdrill.com





       Lake’s drilling                      @ 1.36 g/t from 18m, 6m @ 1.02 g/t from   gold from 20.3m and 1.6m @ 16.7 g/t gold
                                            36m to EOH, was reported.           from 12.7m from new structures in Shaft
       with intent                           Meanwhile,  assays  from  RC  drilling  at   3 veins.
                                            the White Heat prospect are expected this   Extension of structures in Shaft 1 veins
         Lake Resources NL started shallow drill   month.                       included 2m @ 8.2 g/t gold from 396.5m
       testing at the Kachi lithium brine project,                              and 4m @ 5.9 g/t from 420m.
       Argentina, as part of development activi-                                  The latest drilling has also extended
       ties required for the DFS.           Pickle Crow resource set            the  Shaft  1  veins,  demonstrating  conti-
         Geophysical studies at Kachi assisted   for June quarter               nuity from previously announced results
       with the planning of the shallow wells (up                               with highlights including 0.6m @ 99.4 g/t
       to 60m deep) which will be followed by   Auteco Minerals Ltd has reported strong   gold from 167.4m (Shaft 1 veins), 1.6m @
       further  geotechnical studies,  in  addition   drilling results outside the current 1 moz   25.8 g/t from 95m (Shaft 1 veins), 1.6m @
       to recent works conducted on proposed   @ 11.3 g/t inferred gold resource at Pickle   19.6 g/t gold from 372m (Shaft 1 veins)
       sites for Lilac Solutions Inc’s direct lithium   Crow, Ontario, Canada.  and 1.53m @ 26.6 g/t from 8.53m (Shaft
       extraction demonstration plant, and for the   A three-rig, 45,000m drilling programme   3 veins).
       future production plant.             targeting increased resources and testing
         An additional 20,000L of Kachi brines   of new targets at Pickle Crow remained in
       will be extracted and shipped for further   progress at the time of print.  Mako starts 2021
       processing at Lilac’s pilot module in Cali-  A total of 84 holes for 19,400m had been   full of drilling
       fornia. The data is a key part of the DFS,   completed upon the company’s latest an-
       which started on January 8.          nouncement, with extensions to known   A second drill rig has been added to the
                                            mineralised structures in addition to the   exploration efforts at Napié where Mako
       Musgrave radar                       discovery  of  previously  undefined  miner-  Gold Ltd reported the start of a 5,200m
                                            alisation, all of which are outside the 1 moz
                                                                                drill programme at the Gogbala prospect,
       on target at Cue                     resource already reported.          Cote d’Ivoire.
                                             Highlights included 5.6m @ 33.4 g/t   Drilling at Gogbala started after the
         Musgrave Minerals Ltd has planned
       further drilling on a number of regional tar-
       gets – including Targets 5, 9, 14, 15, 17,
       20, 21 and 25 – at the Cue gold project
       this month.
         The company announced that follow-up
       aircore drilling at Target 5, 4km south of
       Break of Day, returned strong high-grade,
       near surface gold results such as 6m @
       10.62 g/t gold from 30m, 6m @ 5.23 g/t
       from 24m (within a broader interval of 18m
       @ 1.97 g/t from 24m to end-of-hole), 6m
       @ 4.56 g/t from 36m (EOH), 6m @ 3.24
       g/t from 36m (EOH), 30m @ 1.1 g/t from
       12m (EOH) and 18m @ 1.15 g/t from sur-
       face.
         Mineralisation at Target 5 is interpreted
       as two sub-parallel zones, over a strike ex-
       tent of more than 120m and remains open.
         Furthermore, near-surface gold inter-
       sections were also recorded at Target 14,
       including 2m @ 7.3 g/t gold from 73m, 7m
       @ 1.39 g/t from 51m and at Target 20, 12m   With $32 million cash, Auteco is on track to deliver an updated resource at Pickle Crow
                                                                                                  in the June quarter





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