Prospector Drilling Updates: February 27, 2024

Prospector Drilling Updates: February 27, 2024

Good morning! Please find below the Prospector daily update on recent drilling activities categorized by their respective stages of drilling; all companies can be found on Prospector using an Analyst subscription.

If you're a Junior/Explorer/Issuer, you can also upgrade your company's standard page to highlight all of the great work you're doing - use this link for a PDAC 2024 promotion!

Drilling Commenced:

  • NiCAN Limited (TSX-V: NICN) has deployed a diamond drill and geophysical crew at its Wine Property. Highlight intercept: Wine 23-29 with 31.5m @ Cu 1.90%, Ni 1.93%, NiEq 2.32%.
  • Boadicea Resources Limited (ASX: BOA) initiated their 2024 drilling campaign targeting lithium and nickel in Western Australia. Previous year's drilling intersected high lithium grades, including a high of 2,491ppm Li2O.
  • Chilwa Minerals Limited is progressing with their drilling program at the Mposa Deposit in Malawi, with initial holes revealing a thicker sedimentary package than expected.
  • C29 Metals Limited provided an update on their Mayfield Copper-Gold Project. Highlight intercept: MFRC008 with 14m @ Cu 1.55%, Au 0.17%.
  • Anson Resources Ltd is conducting deep drilling at the Green River Lithium Project to define a JORC Mineral Resource. They're targeting lithium-rich brines in the Clastic horizons and the Mississippian units.
  • St Barbara Limited (ASX: SBM) has reported on their metallurgical diamond drilling at Simberi Operations in PNG. Highlight intercept: SDH522 with 60m @ 2.6 g/t Au.
  • Astral Resources NL completed drilling at Feysville Gold Project near Kalgoorlie. Highlight intercept: FRC263 with 7m @ 5.81g/t Au.
  • Standard Uranium Ltd. is underway with a winter 2024 program at the Atlantic Project, with a focus on high-grade uranium mineralization.

Permitting Stage:

  • Showcase Minerals Inc. has begun the permitting process for an exploration drill program at the Dixie Flats-Northstar Gold Project in Nevada.

Assay Results Pending:

  • Warriedar Resources Limited (ASX: WA8) commenced their 2024 drilling at Ricciardo deposit aiming to upgrade the resource classification. The deposit holds a Mineral Resource of 476 koz gold.
  • IRIS Metals Limited (ASX: IR1) updated on drilling at the Beecher Project. Highlight intercept: BDH-23-048 with 51m @ 1.26% Li2O.
  • Green Technology Metals (GT1) drilling at Seymour Lithium Project. Highlight intercept: GTDD-23-0446 with 24.2m @ 2.69% Li2O.

Drilling Program Announced:

  • Aldoro Resources Limited (ASX: ARN) reported significant niobium assays at the Kameelburg niobium and REE project in Namibia, with plans for a diamond drilling program.
  • Rincon Resources Limited announced the start of a diamond drilling program at their West Arunta Project in Western Australia.
  • Atco Mining Inc. initiated drilling activities at the Atlantic Uranium Project in partnership with Standard Uranium Ltd.

Significant Findings Reported:

  • Forum Energy Metals Corp. (TSX.V: FMC, OTCQB: FDCFF) reported significant gold and uranium findings at the Tatiggaq Uranium Deposit. Highlight intercept: TAT23-002 with 11.1m @ 2.25% U3O8 and 2.6 g/t Au.

Please note that the information is summarized using AI by Prospector and is based on drilling disclosures released since 9:00 AM EST on February 27, 2024. Always conduct your own due diligence and consult with a financial advisor before making investment decisions.

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