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including 18m @ 5.64 g/t gold from surface, Jaguar hit one for the “The key message for investors is that
14m @ 13.7 g/t from 32m, 9m @ 2.8 g/t from this is a project that is continuing to grow
surface and 2m @ 9.1 g/t from 18m. record books and grow quickly, both from resource devel-
Askari will also soon begin follow-up ex- opment drilling and step-out and regional
ploration on the high-grade copper identified Last month’s mouth-watering intercept of exploration.
at surface within its Horry project in Western 56.1m @ 2.05% nickel, including 17.6m @ “The new record intercept at Jaguar
Australia’s Kimberley region. 4.86%, was the best drill intersection ever South has to be one of the best nickel sul-
Other projects in the company’s portfolio recorded at Centaurus Metals Ltd’s Jaguar phide hits in the world this year and to have
include the Springdale copper-gold pro- project in Brazil and among the best nickel this sort of intersection immediately below
ject in the Lachlan Fold Belt of New South sulphide hits in the world this year. our planned pit limits indicates how much
Wales, the Mt Maguire gold and base metals Drilling at Jaguar South produced the upside remains in the project.”
project in the Pilbara and the Callawa copper record intercept along with hits of 7.2m @
project in the Ashburton goldfields of WA. 2.36% nickel (including 3.3m @ 3.46%)
and 12.6m @ 1.25% nickel (including 5.8m Emmerson goes bonanza
Stavely sniffs out @ 2.01%). bonanza gold intercept from the first diamond
Emmerson Resources Ltd has produced a
Strike extension drilling at Jaguar Central
second porphyry also highlighted a likely extension of the re- hole it has punched into the Mauretania pros-
source limits at least 60m to the east, with
Stavely Minerals Ltd has been buoyed by first results and visuals confirming the con- pect at Tennant Creek, Northern Territory.
The intersection returned 3.95m @ 57 g/t
follow-up aircore drilling results which it says is tinuation of the Jaguar Central high-grade gold, 0.22% bismuth, 20.6 g/t silver and 0.23%
evidence of an emerging porphyry discovery in shoot. This was supported by intercepts of copper from 207m, including 1m @ 102 g/t
western Victoria. 4.5m @ 1.22% nickel and 10m @ 0.99% gold, 47 g/t silver and 0.6% bismuth and 0.8m
Drilling at Toora West, about 15km north- nickel (including 5m @ 1.3%). @ 135.5 g/t gold and 40.2 g/t silver and 0.34%
west of Thursday’s Gossan, has returned fur- Infill drilling at the Jaguar West and Cen- bismuth.
ther encouraging results such as 1m @ 0.21% tral North continues to highlight the consist- Assay results from the remainder of the
copper from 32m down-hole, 1m @ 0.12% ency of the mineralisation in the deposits 1,700m programme were due at the time of
copper from 37m and 3m @ 0.25% copper and the robust nature of the existing re- print.
and 1.45 g/t silver from 45m. source model, according to the company. Emmerson managing director Rob Bills
Other promising hits included 5m @ 0.22% Centaurus managing director Darren said while previous drilling at Mauretania was
copper from 33m down-hole, including 2m @ Gordon said the record intersection dem- focused on delineating shallow mineralisation
0.38% copper from 33m and 1m @ 0.22% onstrated the enormous growth potential of amenable to open pit mining, the bonanza in-
copper from 45m to end-of-hole. Jaguar. tersection had expanded the potential for high-
Stavely executive chairman Chris Cairns “It’s pretty remarkable to be able to report grade gold in the underlying primary zone,
said the results confirmed earlier indications our best intercept to date, even after drilling some 100m below the current modelled open
of a second porphyry discovery in the Stavely over 300 holes into the project and deliver- pit floor.
Volcanic Arc and the next step would be deep- ing a globally significant resource of more “Given the favourable economics of the pro-
er diamond drilling. than 560,000t contained nickel,” he said. posed Mauretania open pit, this project is a pri-
“While investors are cautioned that not all ority in [JV partner] TCMG’s mining schedule,”
aircore anomalies turn into mines, the low- he said.
grade sniffs produced by reconnaissance “TCMG are in the advanced stages of a fea-
programmes can turn into something more sibility study to build a central processing hub
substantial with subsequent diamond drill test- at Tennant Creek. This hub will process ore
ing,” he said. “And while there are never guar- from multiple sources in the Tennant Creek
antees in exploration, we certainly consider the district and is forecast to be operating in 2022.”
early-stage results at Toora West to be very
encouraging.
“It is worth noting that the Toora West pros-
pect appears to have more of a copper-molyb- Centaurus just returned the best
denum porphyry flavour than a copper-gold intercept ever recorded at its Jaguar
porphyry at this early stage of evaluation.” nickel project in Brazil

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