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The goal of this expansion – which will see the Phase Two program increased from 2000 metres to 4,000 metres of diamond drilling – will be to grow the current mineralised footprint along strike while also going after priority targets within a wider three-to-four kilometre anomalous corridor.

Phase Two drilling was originally designed to refine structural controls to enable better targeting of potential high-grade feeder zones.

Also behind the decision to expand is Raiden’s meeting of the investment criteria for a 75% ownership in the Vuzel Project, with the company having a pathway to obtain 90% ownership through the definition of a JORC resource.

Managing director Dusko Ljubojevic said the signs that had emerged from previous drilling made this expansion an obvious but important step. “Our decision to expand the Phase Two drilling program by a further 2,000m of diamond drilling is in direct response to the highly encouraging results reported to date,” he said.

“Every hole reported from the Vuzel project has returned gold mineralisation, including numerous high-grade intercepts.”

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“Based on the results and our geological understanding to date, the mineralised system appears extensive, near surface and horizontal to sub-horizontal. These characteristics present an opportunity to rapidly and cost-effectively advance exploration, in alignment with our corporate strategy.”

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The discovery – which entailed an alteration associated with IOCG mineralisation being picked up in exploration hole 25P38D001 – is significant, given that this is the first time that such mineralisation has been successfully detected using ANT.

Within this hole, Castile found one zone of distal silica-hematite alteration measuring between 253 and 277 metres – which suggests the possibility of mineralisation to the north, a zone of strong magnetite replacement of jasper with pyrite in a parasitic fold between 395.35 and 396.2 metres (which repeats the structural setting at Castile’s Rover 1 deposit), and chlorite alteration and associated disseminated magnetite with elevated copper up to 30 times background (max 770ppm) between 580.9 and 612.35 metres down hole.

The company is now aiming to build on this with a downhole magnetic survey in 25P38D001 which will seek to further constrain the magnetic source, plus an ANT survey to determine another target to drill into this initial discovery at Pathfinder 38.

Managing director Mark Hepburn said he was pleased to have completed work which had proved the value of ANT technology at Pathfinder 38.

“This successful intersection of IOCG mineralisation in 25P38D001 will prove invaluable, by allowing Castile to benchmark ANT survey results to know geology to further refine targeting for high-value Rover 1 style deposits under cover,” he said.

“Our Rover 1 Project is ready for development, and we will continue to seek out additional inventory within our Rover Mineral Field for our ‘hub and spoke’ strategy with our aggressive exploration program using the ANT technology.

“Hole 25P38D001 was 50% funded by the NT Government as part of the Geophysics and Drilling Collaboration program being run by the Northern Territory Geological Survey and we thank them for their continued support.”

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Within the assay mentioned above, WCN also found a high-grade intercept of 18.3m at 4.66 Cu and 17.2 g/t Ag, plus another mineralised zone defined by 12.19m at 1.13% Cu and 2.13 g/t Ag from 91.44; the latter suggests the presence of a sub-parallel structure.

The drilling work – which was reverse circulation – focused on the Danvers project area. The expectations for this area have been bolstered by surface chip sampling of the structure which hosts Danvers, albeit five kilometres southwest.

This yielded assays – picked up over an area of 150 metres – such as 16.15% Cu and 68.5g/t Ag, 13.3% Cu and 70g/t Ag, 9.54% Cu and 29.9g/t Ag, 7.79% Cu and 74g/t Ag.

WCN has therefore confirmed high-grade copper and silver mineralisation along a structural trend of more than 5km, and is planning step-out drilling to test the structure to the southwest.

Managing director Troy Whittaker said the recent work revealed potential hidden treasure at Danvers. “Another solid result from hole six confirms persistent high-grade copper mineralisation at Danvers,” he said.

“What is also now highly encouraging is the recognition and confirmation [that] the structural trend at Danvers is mineralised.

“With high-grade copper and silver now identifiable over more than 5km of the structure to the southwest, the potential of this area is extraordinary.”

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He continued: “The geological team digitised all historic chemical and aerial data and what is emerging from this process, and confirmed by these recent rock chip results, is that Danvers could be very large indeed… the current historical estimate is in no way indicative of the overall potential this structure.”

WCN has been selling at 2.6 cents a share heading into Friday’s trade.

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The drilling – which comprised 17,000 metres – was seeking to boost the size of KMC’s high-grade sulphide underground resource, while also building confidence in its numbers, to inform an update to the mineral resource estimate.

The latter will be the jumping off point for a feasibility study to assess the technical and commercial viability of mining the resources at RGP, which would be treated at a modified Cosmic Boy Process Plan.

Results from the drilling work included 7.8m at 17.4g/t gold (Au), 1.5% copper (Cu), 6.6g/t silver (Ag) (19.9g/t gold equivalent, or AuEq) from 218.2m in one hole, including 2.3m at 57.5g/t Au, 5.0% Cu, 20.4g/t Ag (65.7g/t AuEq) from 218.2m.

Managing director Paul Bennett said the drilling was an important element in future plans for the RGP. “These exceptional results from Gem are extremely positive and will now contribute to a resource update for the first lode scheduled for mining in the feasibility study mine plan,” he said.

“Deposit continuity, grades, and thicknesses observed consistently throughout this drill program build a great deal of confidence in the early stages of the plan.”

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Mr Bennett continued: “In addition, confirmation that both new footwall lode intercepts at Gem and Harbour View are strongly mineralised add to the growth story and will now be the target of follow-up drilling.”

“We look forward to results continuing to flow from Harbour View in advance of the resource update expected in July,” he concluded.

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The company completed a total of 6,100m of drilling at the deposit – which is part of the wider Menzies gold project near Kalgoorlie – with final results processed.

These revealed results from one hole of 16m at 8.03g/t Au from 220m, including 1m at 33.6 g/t Au from 222m, and 4m at 13.5 g/t Au from 228m. Another hole picked up 13m at 4.70g/t Au from 167m, including 2m at 22.6 g/t Au from 176m.

The goal of this Phase 1 program was infilling areas of the resource which fall within or next to optimised stope shapes, as well as testing for down-dip extensions to known mineralisation.

Drilling results confirm that high-grade mineralisation in Menzies type lodes are present at the deposit, with these comprising nuggetty high-grades and classic pinch-and-swell morphology.

Managing director Alex Rovira said the results had boosted expectations for the deposit.

“Phase 1 assay results from Yunndaga drilling have surpassed our expectations. Intersecting wide zones of consistent high-grade mineralisation is hugely exciting and affirms our focus on advancing Yunndaga as a near term underground mining opportunity at Menzies in parallel with our Lady Shenton open pit project in Menzies,” he said.

“We strongly believe we are only scratching the surface at Yunndaga. The historic mine workings to the south of the Yunndaga deposit extend to over 600m vertical depth, and with over 270koz mined at a grade of +16g/t Au historically, it clearly has high-grade tenor.”

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The work will entail 1000 metre slim-line reverse circulation (RC) drilling, testing magnetic anomalies at Kiabye North, and also deliving into Kiabye South – with the whole project located on the Kiabye Green stone Belt in WA’s Yilgarn region.

Kiabye South has previously been observed to host several anomalous gold-in-soil anomalies coincident with a magnetic feature measuring more than 2 kilometres long, in addition to a historical RAB end of hole assay at 3.45 grams per tonne (g/t) of gold.

At Kiabye North, the work will focus on strong northeast-striking magnetic linear anomalies which Red Mountain considers to be potential sources for historical alluvial gold reported in the area.

Specifically, the anomalies have been interpreted to correlate with southeasterly dipping magnetite bearing quartz vein systems, a key structural control for gold mineralisation in the region.

The company has been bolstered in its exploration plans by a funding goal announced earlier this month, which put $400,000 in the piggy bank after a successful convertible note issuance which was supported by new and existing investors.

Alongside the work planned at Kiabye, Red Mountain has been progressing sampling at the Oaky Creek historical Stibnite mines in New South Wales. Altogether, 861 individual soilsamples (sites) and 171 rock chip samples were collected, with assay results expected to become available in late May.

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Magwood antimony mine – located in the New England Fold Belt – was Australia’s largest primary producer of this commodity until the 1970s, with yearly production rates including grades between 4% and 62% Sb.

However, it has never been subjected to drilling work, even though exploration mapping and literature reviews have identified numerous antimony-bearing lodes.

Mine dump grab samples have included: 16.3% Sb, 41.7% Sb, 29.8% Sb and 24.3% Sb. Additionally, one grab sample yielded a grade of 6.14 g/t, showing the potential for gold bearing lodes at depth.

Lode is focusing on four main elements in its planned drilling campaign at Magwood: lode structures which are sub-parallel to mine workings, unmined mineralisation within the mine workings, down dip/plunge extensions of the Magwood mine antimony lode at depth, and a potential dilation zone located 700m northeast of the Magwood deposit.

Managing director Ted Leschke said the mine’s record and historical grades made it site worthy of focus.

“The Magwood antimony mine is a highly attractive drill target given it has not been drilled to date despite a history of significant antimony production,” he said.

“Lode’s second antimony asset is just screaming out to be drilled. The geology ofthe Magwood mine draws strong geological analogies with the Hillgrove antimony mine located a short distance to the south.

“The Magwood and Montezuma Antimony Projects together form a formidable antimony division within Lode.”

Montezuma is located in the West Coast Mining Province of Tasmania, and is currently undergoing drilling work.

Lode shares have moved up following the news, and at 11:25 AEST, they were trading at 13.2 cents – a rise of 10.42% since the market opened.

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This result was taken from the Danvers prospect, where assays have confirmed the presence of a shallow, high grade copper system which remains open at depth and alongstrike.

WCN’s continued drilling at Danvers has proven extensions to high grade mineralisation there – much of it previously unknown and untested. The most impressive intersection so far has been 63m at 2.23% Cu & 7.1g/t silver (Ag) from 9.14m, including a high-grade intercept of 15m @ 5% Cu & 16.9g/t Ag from 18.29m.

Another hole at the prospect returned strong copper values, including 38m at 1% Cu & 1.89g/t Ag from 7.62m; and 72m at 1.08% Cu & 4.22g/t Ag from 62.48m, including a high-grade intercept of 14m at 2.32% Cu from 106.68m.

The company has also completed pre-collar drilling at Hulk, in preparation for an upcoming diamond drilling program.

However, Danvers is also a focal point for future surveying work, with WCN progressing discussions with its contracting partners to facilitate targeted airborne geophysicalsurveys across the prospect’s 9.1km target fault zone.

Alongside this, the company wants to utilise the proven down hole electromagnetic survey across the broader Rae project which will support and help target these future campaigns.

Managing director Troy Whittaker said exploration work at the project – located in Canada’s Nunavut territory – continued to be promising.

“Assays from Rae continue to exceed expectations: 175m at 2.5% Cu, 58m @ 3.08% Cu, 52m at 1.16% Cu and now further significant intercepts of 63m at 2.23% Cu and 72m at 1.08%,” he said.

“These high-grade intercepts from surface are rare in the exploration world as explorers over recent times have had to go deeper and deeper to identify additional copper resources.

“Being the first mover into this highly prospective location, after more than a decade of inactivity due to political constraints – securing the licences organically and now having undertaken our first drill program, positions us well both for future work programmes and facilitate further discoveries.”

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Hanrine Ecuadorian Exploration and Mining S.A. – a subsidiary of Hancock Prospecting Pty Ltd which is operating the project as part of a joint venture with Titan – drilled 7 diamond holes (for a total of 7,105 metres), finding that 4 of these confirmed potential for a significant porphyry copper system.

This means that the footprint of mineralisation at Linderos has almost doubled, with porphyry-type mineralisation in particular defined over a strike length of 1 kilometre and to a depth of 1 kilometre.

One significant intercept which highlights the value of this work comprised 735 metres at 0.23% copper equivalent (Cu Eq) from 385m, including 131m at 0.29% Cu Eq from 385m and including 51m at 0.37% Cu Eq from 622.8m in one hole (DHCR-02).

The purpose of the drilling work was targeting extensions to porphyry copper mineralisation at the Copper Ridge prospect, focusing on depth and lateral extensions to Titan’sprevious drilling.

Diamond drilling is still under way, with Hanrine targeting 10,000m as part of its Phase 1 series of work to define porphyry extensions.

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The decision to focus on Igrejinha has been influenced by the exceptional assays picked up during a recent program of mapping and sampling work on outcropping spodumene found in the target zone.

A pegmatite measuring more than 15 metres wide, and NE-SW trending was exposed in artisanal workings there, yielding rockchip assays such as 7.6% and 7.5% lithium oxide (Li2O), and channel sample assays of up to 3.26% Li2O. In addition, caesium (Cs₂O) was found grading more than 5.3%.

Location has also proven an attraction, with this target located less than 10 kilometres from globally significant lithium projects, including Sigma Lithium’s low-cost production complex, Lithium Ionic, and CBL, which are also found within the same geological setting as Igrejinha.

Perpetual is planning to roll out a drilling program of 1,500 metres in early June.

Exploration manager Allan Stephens said the drilling work – which will total 1,500 metres and commence in early June – was an important step for the company.

“We are pleased to have secured an experienced drilling partner for our maiden lithiumfocused campaign in Brazil’s renowned Lithium Valley,” he said.

“Igrejinha continues to display strong geological fundamentals, with confirmed high-grademineralisation, scale potential, and proximity to some of South America’s largest spodumene deposits and lowest cost spodumene production in the world.

“Drilling will target surface-exposed mineralisation along a 1.4km NE-SW pegmatite corridor, and we look forward to providing further updates as the program advances.”

At 13:35 AEST, Perpetual shares 1.4 cents – a rise of 7.69% since the market opened.

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Assay results from one hole – which was being drilled to collect samples for metallurgical and geotechnical testing – ended in mineralisation, but intersected more than 300 metres of high-grade mineralisation in the centre of the project’s copper-gold porphyry.

This included 608 metres (m) at 0.89% copper equivalent (CuEq) – or 0.48% Cu and 0.52 grams per tonne (g/t) gold (Au) from 342m to end of hole, including 346m at 1.12% CuEq – or 0.59% Cu and 0.68g/t Au from 604m to end of hole.

The drillhole – CDH-61 – was not expected to intersect the full extent of the orebody, which is why it ended in high grade copper-gold mineralisation. On the basis of these results, Blackstone has suggested Mankayan to be one of the most impressive undeveloped copper-gold porphyry projects in the world.

Managing director Scott Williamson said achieving these numbers represented an important step for the company.

“The confirmation of a high-grade core within the system underscores the exceptional quality of this asset and highlights its potential to support a low-capex, high-return development strategy,” he said.

“The ability to initiate a selective mining method, such as Long Hole Open Stoping (LHOS), provides the optionality to minimise upfront capital requirements while maximising value from the high-grade zones.

“This positions Mankayan as a uniquely flexible and scalable project, aligning well with our strategic focus on economically robust copper-gold assets.”

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The company received results from 81 holes in the program – which will include around 310 holes overall – revealing a solid and coherent geochemical anomalism which indicate continuation of Achilles mineralisation for at least 1.2 kilometres south of what has been defined.

Two trends have been picked up through this work at AGC’s South Cobar project, with the first involving silver-gold-lead-zinc-copper-antimony-arsenic-bismuth pathfinders which push the Achilles trend to the south by the above measure (Achilles Trend), and an anomalous copper-bismuth coincident with a large magnetic high (Western Trend).

AGC intends to follow up the aircore drilling (from which 280 holes have been completed to date, with 199 holes pending data) with reverse circulation drilling. This will concentrate on deeper extensions to the main Achilles deposit.

Managing Director Glen Diemar said the results would guide AGC’s expectations looking ahead.

“Our growth plans are well underway with the first assay results received from the Achilles aircore program indicating the mineralisation footprint extends for at least another 1.2km southward,” he said.

“This is a great result as it demonstrates the potential for real scale for near term growth.

“Infill drilling is underway on this trend and we certainly look forward to further results to assist with targeting leading into the next round of RC drilling.”

AGC shares traded higher after the news, and at 13:44 AEST, they were at 14.5 cents – a rise of 3.57% since the market opened.

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The company drilled 156 aircore holes (for 18,521 metres) during a program completed on March 6, focusing on the Loddon Vale, Eddington and Mead targets, in addition to redrilling work at Ironbark and Pyramid Hill, where several aircore holes in previous campaigns had not met the target depth.

Evidence of the new regional target emerged through wide-paced aircore drilling at Loddon Vale, which confirmed numerous parallel gold-bearing structures.

Alongside this were broad zones of anomalous gold in bedrock, which hint at potential proximal high-grade zones at Loddon Vale.

In another development, follow-up drilling at Ironbark (40 kilometres north-west of Bendigo) yielded a prime intercept of six metres at 2.4 grams per tonne of gold from 88 metres, including one metre at 13.2g/t Au from 89 metres in one hole.

Falcon now intends to run aircore drilling next season to delineate the large regional-scale structures at Loddon Vale, as well as looking at prospective new areas identified around Raywood, which is 25km north of Bendigo.

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Later in the year, targeted diamond drilling will also be rolled out, focusing on prospectivehigh-grade mineralisation areas.

After lunchtime, FAL was trading at 10 cents – a rise of 1.01% since market open.

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The company intends to progress two drilling programs at Mt Isa North, starting with a second phase of reverse circulation drilling at Surprise, which will then expand the project’s mineralisation footprint.

In the lead-up, field geologists tested rock chips at untested artisanal workings north of Surprise, using handheld pXRF technology, yielding grades that went up to 26% Cu.

The same technology was also applied to Conglomerate Creek, where samples grading up to 18% Cu were taken from a gossan along a structure associated with the buried intrusion-related targets at the prospect.

In addition to these, Antares aims to progress surface exploration activities – to then be followed by geophysical data acquisition and likely more drill testing at several other structurally controlled copper targets.

Antares CEO Johan Lambrechts said he expected 2025 to be a busy year for the company and declared the company is “excited to head to the field.”

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He continued: “We have several high-priority targets that we believe hold significant potential for copper mineralisation. “We look forward to updating our investors with activities and results as we progress.”

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The data reinterpretation included the Pampa Medina and Madrugador deposits as well as the Pampa West oxide zone, in an area 25 kilometres from the company’s flagship Marimaca oxide deposit.

To augment the data study, Marimaca drilled five broad reconnaissance exploration holes to pinpoint the limits of the area’s mineralised horizon. This information indicated the presence of consistent broad zones of oxide copper mineralization of variable grades in the same stratigraphic horizon across five kilometres by four kilometres.

The latter is the currently defined size of the manto, although extension is a possibility in all directions, and step-out programs are ongoing.

Thus, Marimaca concluded Pampa Medina may be the central part of a larger manto system genetically connecting the Madrugador, Pampa Medina, Sierra Valenzuela (Antofagasta Minerals), and Pampa Norte deposits.

“As with all large-scale mineralizing systems, there is zonation and variability of grade, but we are excited about both the continuity of mineralization in the productive sedimentary and tuff horizons and the large-scale mineralizing events which have impacted them across this area,” Sergio Rivera, vice president of exploration, said.

“The significant east-west step outs at Pampa Norte, either side of the fantastic drill hole at SMR-01, encountered offset faulting and a series of barren dykes, which are important controls of mineralization.”

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Mr Rivera added: “We can now clearly see the potential for 1,000m of the east-west extent of the mineralized envelope for Pampa Medina, which becomes important for resource growth potential in future programs.”

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The company’s planned drilling program comprises up to 15 holes for 2,000 metres, with first assays expected in April.

Located 75 kilometres from Copiapó in northern Chile, Darwin is promising due to the high-grade gold, copper and iron samples that have been found in historical workings across a structural corridor more than one kilometre in length.

In terms of gold grades from the project, these include 247 grams per tonne (g/t), 229g/t, 185 g/t Au and 166 g/t Au. Copper has been measured at grades of 8.09% Cu, 7.78% Cu, 4.75% Cu, 3.43% Cu and 3.34% Cu; iron ore has been discovered outcropping at grades of more than 66%.

Managing director Ed Turner said embarking on the Chile-based program was an important step for Lodestar. “We are very happy to have the drill rigs turning for this important maiden drilling programme in Chile.”

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“Our team remains very encouraged by the numerous historic workings with associated high-grade gold and copper values within the project that have never been tested by the drill bit.

“We have high expectations for this programme and future exploration over the whole project.”

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The discovery was made through an initial program of broad-spaced drilling (along lines spaced between 400 and 1000 metres) at the newly dubbed “Everest” prospect.

This new “Everest” propset lies immediately north of Boss Energy’s Jason deposit (which contains 10.7M pounds) and the Honeymoon uranium mine.

Intercepts yielded from early work have included 1.0 metre (m) at 558ppm eU3O8 from 85.9m, including 0.4m at 1,001ppm eU3O8 and 2.1m at 330ppm eU3O8 from 95.7m, including 0.3m at 1,012ppm eU3O8.

The mineralisation here remains open along strike and across trend, Koba has said.

Managing director and CEO Ben Vallerine went on to add this discovery – which marks the third since Koba began step out drilling work in October 2024 – was notable for its high-grade mineralisation.

“We are very pleased to have made a third significant high-grade uranium discovery during our inaugural drilling program at our flagship Yarramba Uranium Project,” he said. “Our most recent discovery has resulted in the delineation of a 4km trend that includes multiple drill intercepts grading more than 1,000ppm eU3O8.”

Mr Vallerine explained: “The high-grade mineralisation at the Everest Prospect was discovered during initial broadly spaced drilling that targeted an undrilled part of the Yarramba Palaeochannel.”

Further drilling will now be undertaken at the Everest Prospect to assess the extent of mineralisation, in particular identifying its thickest and highest-grade zones.

KOB shares last traded at 6 cents – a 2.44% fall since market open.

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Results from the maiden hole included 1.25 metres at 2.24 grams per tonne (g/t) of gold (Au) and 12.48 g/t of silver (Ag) from 107.9 metres, including 0.5 metres at 4.77 g/t Au and 24.8 g/t Ag in addition to 1.9 metres at 8.52 g/t Au and13.1 g/t Ag from 144.2m, including 0.7 metres at 17.6 g/t Au and 12.32 g/t Ag.

The drilling occurred at the Dakuniba prospect, and was done to test high-grade low-sulphidation epithermal gold mineralisation which has been previously mapped over a three kilometre area.

Continuity of the mineralisation here was proven by the fact that high-grade gold mineralisation found in the diamond hole 24VDD001 intersected approximately 40 metres underneath the previously drilled JICA drillhole MJVFV-5, which had intersected 2.2 metres at 11.3 g/t Au.

“While it is too early to call this a ‘discovery’, it certainly seems to me that this has all the hallmarks of one,” managing director Andrew Buxton said.

“Now that we have been able to replicate the high-grade gold hit that JICA made in the 90’s, with more than 3km of surface gold anomalism still to test within a large 200 square kilometre tenement area, and with drilling continuing on site, it feels like just a matter of time before we can claim Viani as the ‘next big thing’ in the exciting and evolving story of gold mining in Fiji.”

AQX rose on the news to trade at 0.9cps; a 12.5% jump for the miner.

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Results reported from the company today include 4.95 metres at 20.5 grams per tonne (g/t) gold, and 1,833 g/t silver, from 107 metres, including 0.55 metres at 110 g/t gold and 7,530 g/t silver from 110 metres.

The drilling is part of a wider program of ongoing work to update the Target 1 resource, with this to be completed by the end of the first quarter of 2025. Adjacent to the Target 1 area, Mithril is also running channel sampling work with a diamond rock saw; it intends to commence drilling at the Target 2 area in April.

Located along Mexico’s Sierra Madre gold-silver trend, Copalquin includes 100 historic mines in these two precious metals, plus 198 surface workings or pits across a concession area of 70 square kilometres.

Within this, there is a JORC resource of 529,000 ounces of gold equivalent (AuEq) at 6.81 g/t AuEq at the El Refugio target, which is bolstered by a conceptional underground mining study and metallurgical test work (both carried out in early 2022).

said the results from drilling at Target 1 had been exceptional.

“The La Soledad structure is open at depth and to the north-west with the opportunityto locate additional ‘ore shoots’ along strike,” managing director and CEO John Skeet said of the Target 1 drilling today.

“The drill program is expanded in the La Soledad area with several additional holes to complete before moving the drill to Refugio West in the Target 1 resource area.

“Drilling in the Target 1 area will continue until the end of March 2025, the anticipated cut-off date for the resource update drilling. The second drill is scheduled to be on site and commence drilling early April, at the Target 2 area.

“Progress is on track to complete 35,000 metres of drilling this year, aiming to considerably expand the resource footprint and define the 10 km wide, extensive epithermal silver-gold system in our 70km2 district.”

Mithril shares moved up after the news, and at 3:04pm they were trading at 37 cents – a rise of 19.36% since the market opened.

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Hole 25FIERC23 delivered five metres at 1.4% Cu (copper) and 58 grams per tonne (g/t) Ag (silver) (or 1.9% copper equivalent) from 249 metres.

The miner also landed 33 metres at 0.8% Cu and 31g/t Ag (1.1% CuEq) from 265 to 298 metres, including four metres at 2.0% Cu and 83g/t Ag (2.8% CuEq) from 265 metres, and four metres at 2.3% Cu and 87g/t Ag (3.1% CuEq) from 277 metres.

This had been drilled to assess mineralisation south of 24FIERC21; a major 500-metre step west of the previous intersection in 24FIERC08. It intersected strong copper-silver mineralisation close to the end of the hole.

25FIERC23 ended in mineralisation due to the depth capacity of the RC rig of 300 metres; Noronex intends to roll out diamond drilling to test the step-out zone at depth.

Chief geologist Bruce Hooper said the copper and silver find suggests a robust system. “Extending the Fiesta mineralisation by over half a kilometre with such impressive copper and silver results right to the end of the hole is a major step forward in defining the potential size of this system.”

Mr Hooper continued: “Our next step will be to undertake diamond drilling to test the full width and style of mineralisation, as well as seeking to further extend the strike as the system remains completely open to the west.”

Noronex has been trading at 1.6 cents.

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