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Snowline Gold Corp. has announced significant drill results from its Valley deposit at the Rogue Project in Yukon. Notably, hole V-24-119 intersected 617.6 meters averaging 1.68 grams per tonne (g/t) gold from just 2.4 meters below the surface, including a higher-grade section of 202.0 meters at 3.24 g/t gold.
Additional infill drilling has reinforced the deposit’s consistency:
Hole V-24-120: Encountered 200.9 meters averaging 1.88 g/t gold from 7.6 meters depth, with a 104.5-meter segment at 2.90 g/t gold.
Hole V-24-121: Reported 486.5 meters averaging 0.80 g/t gold from 6.0 meters depth, including 243.0 meters at 1.06 g/t gold.
Hole V-24-122: Intersected 352.0 meters averaging 1.05 g/t gold from 6.5 meters depth.
These results highlight the robust and near-surface mineralization of the Valley deposit, reducing uncertainty and aiding in precise grade estimation across a substantial volume. An updated Mineral Resource Estimate (MRE) for the Valley deposit is anticipated in the first half of 2025, following a 90% increase in total drilling (53 km compared to 28 km in 2024).
Magna Mining Inc.Drilling intersects high-tenor Nickel-Copper-PGE at the McCreedy West Mine
Magna Mining Inc. has embarked on a new phase of exploration, initiating diamond drilling at the Levack Mine and reporting significant 2024 drilling outcomes from the McCreedy West Mine. This strategic move comes on the heels of Magna’s recent acquisition of several Sudbury Basin assets from KGHM International Ltd., including the operational McCreedy West copper mine and the past-producing Levack mine.
The surface drilling at Levack aims to delineate near-surface mineralization in the footwall of the main orebody. The primary objectives are to expand the unmined Keel Footwall Zone and explore down-dip extensions toward the Morrison Footwall Deposit. Historical data from the Keel Footwall Zone have revealed high-grade intersections, such as 31.0% Cu, 0.3% Ni, and 12.4 g/t Pt+Pd+Au over 1.5 meters, underscoring the zone’s potential
At the McCreedy West Mine, recent drilling has yielded promising results. Notably, drillhole FNX33223 intersected 14.3% Cu, 3.5% Ni, and 6.0 g/t Pt+Pd+Au over 9.6 meters. These findings highlight the potential to further define and expand high-grade copper mineralization adjacent to historical mining areas. The 2025 drilling program will focus on areas of the McCreedy West 700 Footwall Cu-PGE Zone, aiming to grow mineral resources that can support the short to medium-term mine plan.
1.0% Cu, 1.2% Ni, 1.7 g/t Pt+Pd+Au over 61.4 m, Including 2.4% Cu, 3.7% Ni, 5.7 g/t Pt+Pd+Au over 8.2 m, and 3.4% Cu, 2.6% Ni, 5.2 g/t Pt+Pd+Au over 4.1 m in drillhole FNX33226
David King , Senior Vice President of Exploration and Geoscience for Magna Mining, expressed optimism about the newly acquired assets, stating, “We believe these assets have significant resource potential that could be developed, and tremendous exploration upside potential remaining.”
King emphasized that the initial drilling at Levack supports the company’s restart plan for the mine. These developments mark a pivotal step in Magna Mining’s strategy to enhance its asset base in the Sudbury Basin, reflecting the company’s commitment to unlocking the full potential of these properties.
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IRIS Metals intersects high-grade lithium & caesium at tin mountain, south dakota, usa
Phase I drilling at the Tin Mountain Project confirmed significant high-grade lithium and caesium intersections, including:
TDD-24-008
- 5.2m @ 2.05% Li2O from 39.2m,
- including: – 1.5m @ 3.04% Li2O from 40.8m
TDD-24-007
- 1.0m @ 1.54% Cs2O from 31.2m
Diamond Drilling Program Summary A total of 23 diamond drill holes, for a total of 1,122m, were successfully completed during the Phase I program in late 2024.
Results have now been received for all holes, including:
TDD-24-006
- 3.0m @ 1.24% Li2O from 26.0m,
- 3.0m @ 3.20% Li2O from 36.7m,
- 2.0m @ 1.68% Li2O from 43.2m
TDD-24-007
- 1.0m @ 1.54% Cs2O from 31.2m
TDD-24-008
- 5.2m @ 2.05% Li2O from 39.2m, including: 1.5m @ 3.04% Li2O from 40.8m
TDD-24-017
- 1.2m @ 1.56% Li2O from 13.7m,
- 1.8m @ 3.90% Li2O from 23.5m,
- 2.7m @ 1.47% Li2O from 35.6m, including: – 1.0m @ 3.37% Li2O from 37.3m
TDD-24-021
- 6.7m @ 1.11% Li2O from 8.3m, including: – 2.1m @ 2.29% Li2O from 12.9m
Great Quest Gold Identifies New Gold System at its Omatjete Project, Namibia
Key Highlights
- Significant gold mineralization identified adjacent to the Okondeka Fault Zone (OFZ), which hosts the Kokoseb gold deposit.
- Soil sampling delineated a gold anomaly extending 4.2km by 0.8km.
- Rock chip sampling of limited outcrop returned a peak gold value of 9.95 g/t Au.
- Maiden drilling campaign intersected Omatfrom 20m down hole.
- Earn-in agreement secured for a new Exclusive Prospecting Licence (EPL), expanding the Company’s coverage of the OFZ by an additional 35km.
Subsequent mapping and rock chip sampling revealed several high-grade gold values, with a peak assay of 9.95 g/t Au in strongly altered, arsenic-rich biotite schist featuring millimetre-scale quartz/sulphide veining. Given that over 95% of the area is covered by alluvial sands and calcrete, exploration shifted to a more detailed soil sampling program conducted on a 200m x 50m grid, collecting 1,936 samples. Gold analysis highlighted an anomaly extending 4.2 km by 0.8 km, now named the Manga Prospect
Due to the lack of outcrop and the presence of variable alluvial and calcrete cover, the Company initiated a maiden RC drilling program to test for in-situ gold mineralization. The drilling targeted specific soil anomalies within the broader Manga area.
A total of 11 RC holes were drilled, totalling 1,795 metres, with all holes inclined at -60 degrees to the north. Drill orientations were guided by two short trenches that confirmed a steep southerly dip of shears, quartz veins and veinlets (see Figure 4). Drilling intersected extensive sulphide mineralization, primarily composed of pyrrhotite, arsenopyrite, and pyrite, hosted within highly altered biotite schists.
Holes MRC001 to MRC009 were drilled in the central part of the prospect, focusing on an area with elevated soil gold values.
These holes intersected broad zones of low-grade gold mineralization, with notable results from hole MRC006, which returned 138m at 0.22 g/t Au from 71m, including 7m at 0.5 g/t Au from 84m and 9m at 0.5 g/t Au from 101m. MRC006, which returned 138m at 0.22 g/t Au from 71m, including 7m at 0.5 g/t Au from 84m and 9m at 0.5 g/t Au from 101m.
Magnetic Resources NL Strikes Gold! 51m @ 3.5 g/t Au and 14m @ 8.8 g/t Au
Multiple outstanding intersections are present within MLJDD070 and MLJDD075 and include:
- MLJDD075 51m at 3.48g/t from 444m including 23m at 5.91g/t from 452m, including 14m at 8.76g/t from 452m and further including 9m at 10.77g/t from 454m
- MLJDD071 21m at 2.71g/t from 269m, including 12m at 3.87g/t from 272m
Recent diamond drilling at LJN4 has revealed four distinct types of mineralisation:
• Vuggy silica and/or silica-pyrite mineralisation: this intense alteration destroys the nature of the protolith and comprises a porous network of silica veins and masses, with or without disseminated pyrite, in a clayey to sandy matrix.
• Polymictic breccia: a mixed breccia of chert, felsic porphyry, and ironstone (possibly after ferruginous or pyritic chert), sometimes with quartz or silica clasts, in a siliceous, ferruginous or pyritic matrix. The pyrite content is highly variable ranging up to semi-massive to massive in places.
• Silicified ultramafic: the footwall ultramafic sequence at LJN4 is mineralised in pale, bleached and silicified zones showing intense deformation (informally termed “visceral” texture) with or without quartz stockwork veining and with minor disseminated pyrite with some bright green fuchsite alteration and chalcedonic silica veins.
• Pyritic zones in crystalline sedimentary carbonate: This is a more subtle style of mineralisation comprising disseminations and irregular stringers of pyrite in the chert-carbonate sequence overlying the footwall ultramafics. Better intercepts of this style include 9.75m @ 2.56g/t from 224m at end of hole in MLJDD016 (section 6826310N) and 16m @ 4.51g/t from 411m in MLJDD033 (section 6826480N).
