News Articles for Core Energy Minerals

The executives behind Brazilian lithium play Latin Resources have rattled the tin to fund exploration across Core Energy Minerals' new uranium prospects.

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Mixed metals explorer Oar Resources has intersected high-grade gold and silver at its wholly owned Douglas Canyon project in Southern Nevada, USA after completing a maiden drilling campaign at the operation. The company says the probe was aimed at testing the ground's precious metal potential by evaluating depth extensions of outcropping mineralisation.

Revitalised explorer Oar Resources is preparing for a 5,500m air core drilling program to flesh out the Oakdale graphite project in South Australia's Eyre Peninsula. The company is aiming to upgrade Oakdale's 2015 initial combined indicated and inferred JORC resource figure of 13.47 million tonnes at 3.3 per cent total graphitic carbon. Purified spherical graphite recently joined the Federal Government's suite of critical minerals.

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Oar Resources says surging demand for graphite could breathe life back into its previously shelved Oakdale project in South Australia where the company produced a scoping study back in 2015. With global markets now diving headfirst into low-carbon energy, the company is casting a renewed eye over the asset where it will look to build on the work already completed at the venture.

Oar Resources has grown its Douglas Canyon gold project in Nevada by more than 60 per cent, as diamond drilling recommences to test mineralisation that previously yielded gold hits at 18 grams per tonne gold and 398 parts per million silver. The company is also aiming to lock in more acreage in the red-hot Julimar province near market darling, Chalice Mining.

With inflation rising across the globe and western economies imposing sanctions on Russia in response to its invasion of Ukraine, Goldman Sachs, of the world's largest investment banks, has hiked the prices of its commodities forecasts, citing supply disruptions that it says could drive the price of gold towards US$2,500 per ounce this year.

Oar Resources is poised to return to an early-stage, gold-focused diamond drilling campaign at its Douglas Canyon project in Nevada in the United States after adverse weather conditions and the festive season break paused the program. According to the company, the area to be examined has been expanded during the recess with new claims staked in the west.

Oar Resources is making headway at its wholly owned Crown project, about 70 kilometres north east of Perth, after finalising plans for an airborne geophysical mapping survey at the site. The project is considered highly prospective for nickel, copper and platinum group elements and is on the doorstep of Chalice Mining's much-lauded Gonneville polymetallic discovery.

Multi-commodity explorer Oar Resources has bolstered its coffers with a solid $500,000 injection following the sale of its ‘non-core' Bramfield iron ore project in South Australia. The company plans to utilise the extra cash to focus on exploration efforts of its Crown nickel-copper-PGE project in the Julimar district in Western Australia where Chalice Mining recently made headlines with its behemoth nickel-copper-PGE deposit.

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ASX-listed Oar Resources has appointed senior mining executive, Justin Richard as its new Chief Executive Officer and Managing Director, effective immediately. Richard previously served as Managing Director of ASX-listed Alara Resources, where he led that company through several capital raisings, a bankable feasibility study, a maiden ore reserve estimation and an offtake agreement.

Oar Resources says the maiden exploration program at its Douglas Canyon Gold Project in the US has yielded “very encouraging” initial results which included intersecting a massive 213m silica matrix brecciated quartz vein. Laboratory results from Douglas Canyon, located in the prolific Walker Lane Gold-Silver district of Nevada, are expected in the new year.

Oar Resources has expanded its footprint at its nickel, copper and platinum group elements Crown project in the Julimar district, about 70 kilometres north east of Perth in the vicinity of Chalice Mining's amazing Gonneville deposit. A new land access agreement has opened up a raft of new potential targets that will form the focus of Oar's ongoing soil sampling and mapping in the area.

Oar Resources has kick started a maiden diamond drilling campaign at its Douglas Canyon gold project in Nevada, USA. The company has initiated a four-hole, 1000m program targeting near-surface mineralisation in the first two holes and testing down dip depth extensions with the latter two holes. Results from previous exploration at the project include grades as high as 18 grams per tonne gold and 398 g/t silver.

Multi-mineral exploration company, Oar Resources is about to hit the go button on a maiden diamond drilling campaign at the high-grade Douglas Canyon gold project in the US. The company is planning a four-hole, 1000 metre campaign in Nevada aimed at targeting near-surface mineralisation and testing down dip depth extensions where historical grades have tipped the scales as high as 18 grams per tonne gold and 398 g/t silver.

Things are starting to get interesting for junior exploration company, Oar Resources. The company has identified the presence of ultramafic rocks at its polymetallic Crown PGE and gold project containing copper sulphides just 8km west of Chalice Mining's celebrated Julimar discovery in WA. Assay results from 74 rock chip samples collected at the greenfields project are due soon.

ASX-listed explorer, Oar Resources claims to have set a new record for the highest grade halloysite recorded in Australia at its Gibraltar project on the Eyre Peninsula in SA. A series of “exceptionally” high-grade halloysite strikes above 30 per cent confirm the exciting halloysite-kaolin discovery with one sample printing at a dazzling 53 per cent.

ASX-listed junior explorer Oar Resources says it now has boots on the ground at its Crown nickel-copper-PGE project in the emerging Julimar province about 70km north-east of Perth in WA. The Perth-based company wasted no time kicking off its first-pass exploration phase at Crown after being granted an exploration licence covering the project area in the previous quarter.

Oar Resources has launched field exploration at its Crown nickel-copper-PGE and gold project just 9km west of Chalice Mining's heralded Julimar discovery in Western Australia. Geological mapping and outcrop sampling will look to assess about 20 identified target areas, with systematic soil sampling set to follow. A maiden drilling program is planned for later in the year.

Oar Resources appears to have grown the target area of its exciting Gibraltar kaolin-halloysite find on the Eyre Peninsula in South Australia after identifying new zones of bright-white kaolin away from the initial discovery, including a large 5km-by-2.5km zone associated with granite basement rocks to the south-west. Initial XRF analysis has highlighted a 5m section going at 80 ISO-B brightness from 17m with results from more detailed XRD analysis pending.

ASX-listed explorer Oar Resources has landed an exploration licence at its Crown PGE-nickel-copper prospect just 9km west of Chalice Mining's celebrated Julimar discovery in Western Australia. Initial reconnaissance works to verify 20 identified targets are now on the cards in preparation for a maiden drilling campaign planned for the second half of the year.

ASX-listed Oar Resources has laid the foundation for drilling programs on three fronts following a $2.3m placement. Funds will be used to advance the Crown PGE-nickel-copper project west of Chalice Mining's renowned Julimar discovery in Western Australia, launch a maiden gold drilling program at Douglas Canyon in Nevada, and continue work at the emerging Gibraltar kaolin-halloysite project in South Australia.

The rods continue to spin for Oar Resources at the Gibraltar halloysite-kaolin discovery in SA with assay results now eagerly awaited from drilling to the north of the original discovery that netted high-grade halloysite with grades of up to 20 per cent in grade. Infill drilling has now commenced and regional exploration is set to follow and the granting of the Crown tenement in WA is also imminent.

The rods are set to spin again for Oar Resources at the Gibraltar halloysite-kaolin project on South Australia's Eyre Peninsula. A recently completed maiden air-core campaign netted kaolinite and high-grade halloysite up to 20 per cent in grade, with halloysite reported in 24 of the 59 holes drilled. An aggressive 2,500m air-core drilling campaign has commenced to follow-up on the intriguing discovery.

First-pass drilling at Oar Resources' Gibraltar project in SA has delivered a potential treasure trove of mineralisation, with sampling revealing intercepts of both high-value halloysite and kaolinite. Some stand-out results for the flourishing project area include 3 metres at 19.6 per cent halloysite with 42.4 per cent kaolinite from 26m and an equally impressive 13m at 5.3 per cent halloysite with 80.9 per cent kaolinite.

Oar Resources has lit up more than twenty targets at its Crown nickel project, just ten kilometres west of WA's prominent Julimar nickel-PGE discovery. A detailed evaluation of the regional geophysical datasets at Crown has revealed a wealth of structural and geological targets, which stretch along more than 15km of strike in a terrane that has developed into one of Australia's most sought-after exploration addresses.

Oakdale Resources is already looking to expand its drilling program over the Gibraltar halloysite project in the SA, with the company seeking approval to extend the drilling pattern to the north of the prospect. In other news, drilling has also wrapped up in the US for Oakdale, with planning underway now for the 2021 field season at both the Lambarson and Douglas Canyon gold projects.

ASX-listed Oakdale Resources has made the most of its time at the company's Gibraltar halloysite-kaolin project on South Australia's Eyre Peninsula closing out a maiden aircore drilling program in under two weeks. The quick work made at the site was possible due to the near-surface nature of the mineralisation with resulting assays expected back within a month.

ASX-listed explorer, Oakdale Resources, has kicked off a maiden aircore drilling program at its Gibraltar halloysite-kaolin project on SA's Eyre Peninsula aimed at confirming the extent of the mineralisation that was detected by historic shallow drilling. The company plans to drill 50 holes totalling an estimated 2,500m over its target area 15km north of Andromeda Metals' Mount Hope kaolin-halloysite project.

Oakdale Resources has revealed some tantalising results from its maiden drill program in Nevada with the first diamond drill hole at its Lambarson Canyon gold project intersecting primary epithermal gold mineralisation below 243.54m down-hole.

ASX-listed explorer, Oakdale Resources, has received regulatory approvals for a maiden aircore drilling program at its Gibraltar halloysite-kaolin project on SA's Eyre Peninsula. The company says a drilling contractor has been locked in and the drill rig and geological crew are expected to be on site early next month.

Oakdale Resources' drilling looks to be on target at Lambarson Canyon in the US, with the company having now finished its first diamond drill hole down to nearly 250m below surface. Geological logging indicates that the target stratigraphy has been tested, intersecting a range of potentially auriferous lithologies including quartz breccia's, multiple porphyry dykes, and quartz-sulphide veining at depth.

Oakdale Resources' shares have been on a tear of late after the company joined the hunt for the next Julimar and quickly identified a bevy of targets across its Crown nickel-PGE project in Western Australia. The new project is a just stone's throw away from Chalice Gold Mines' headline-grabbing discovery, located a mere 9km to the east of Julimar delivering Oakdale a prime position in this emerging nickel terrane.

ASX-listed Oakdale Resources has been granted new exploration ground covering its Gibraltar Halloysite-Kaolin project on South Australia's Eyre Peninsula where historical drilling uncovered shallow kaolinitic clays, adjacent to Andromeda Metals' Mount Hope halloysite project. Confirmation of the news charged the company's share price more than 23 per cent higher in daily trade by Thursdays close.

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