Blake Cannavo

Native Mineral Resources looks as though it might have a tiger by the tail in north Queensland, with its maiden drilling program over the Leane’s copper prospect possibly already pushing through paydirt. The fledgling base metals explorer, which only listed on the ASX in early November, has hit shallow, anomalous copper mineralisation and deeper porphyry veining in the initial few drill holes of the program.

Native Mineral Resources has stocked up its tucker bag, landing the Arcoona gold project in the Eastern Goldfields of WA, next door to the revered Carosue Dam gold mine. The new acquisition covers 170 square kilometres of prospective ground just 4km to the west of Saracen’s multi-million-ounce operation where Native Minerals is targeting rich intrusive-related gold mineralisation.

Native Mineral Resources is building confidence that an extensive copper system may lurk beneath its Leane’s prospect in Queensland. Shallow drilling at Leane’s has tested the near-surface, skarn-style copper mineralisation, with deeper diamond holes probing for a porphyry feeder system at depth returning broad intervals of disseminated sulphides, including chalcopyrite with assays for several drill holes due in the coming weeks.

Native Mineral Resources looks to be closing in on the deeper source of copper mineralisation at its Leane’s prospect in Far North Queensland, with drilling returning some interest tweaking hints of the red metal. Latest results from Leane’s include 6 metres at 0.33 per cent copper including 1 metre at 0.61 per cent copper from 74 metres down-hole. Results from deeper, sulphidic diamond drilling are currently in the laboratory awaiting assay.

Native Mineral Resources says it has confirmed the presence of a deeper porphyry system at its Leane’s copper-gold discovery, further bolstering the company’s exploration model as it looks to nail down the next big copper discovery in North Queensland as the copper price reaches for 10-year high placing copper explorers firmly in the market spotlight.

Native Mineral Resources has rolled up its sleeves in the hunt for high-grade gold at its Music Well project in WA. A detailed review and interpretation of the exploration datasets covering the company’s tenure has uncovered several high-priority geophysical targets, with rock chipping over the key prospect areas returning assays of over 30 grams per tonne gold.

Native Mineral Resources has expanded its Palmerville copper-gold project in north Queensland following the grant of an additional exploration licence on the eastern margins of its tenement holding in the region that hosts the recent Leane’s copper discovery. The company now holds over 1,820 square kilometres of the mineral-rich Chillagoe Formation which hosts the nearby Mungana, Red Dome and Griffith’s deposits.

After a COVID-19 related delay, Native Mineral Resources is set to hit the ground running next month as it chases a range of gold targets at its Music Well gold project in the world-class Yilgarn Craton region in Western Australia’s Eastern Goldfields. Field work is set to include detailed geological mapping and sampling to assess the gold endowment of various prospect areas.

Native Mineral Resources looks to have struck a chord at its Music Well prospect in WA, with the ASX-listed company’s recent exploration program delivering in spades. Samples from the new program showed visible gold which is always good cause for some in-field excitement and importantly, some assays weighed in at over 100 grams per tonne gold.

Active junior gold and copper explorer Native Mineral Resources will move forward with diamond drilling to test for depth extensions of high-grade surface quartz vein gold at Music Well, north of Leonora, after securing a $68,000 Western Australia government grant. Recent sampling has returned some bonanza grade results including one going over 100 grams per tonne gold.

Active junior explorer, Native Mineral Resources has added some exciting greenfields copper, gold and nickel search targets to its WA and Queensland copper-gold portfolio after a successful bid for ground in the WA Nullarbor region. The company is aiming to get on the ground and commence fieldwork as soon as the tenements are granted.

Native Mineral Resources has reported more high-grade gold samples from an outcropping quartz vein at its 100 per cent owned Music Well project north of Leonora in Western Australia. Up to 129 g/t gold has been identified in 128 samples that carried an average 3.16 g/t gold. Native Mineral could have a diamond drill rig turning on the granite-intrusive target next month.

Native Mineral Resources is to focus exploration on its core Music Well gold project in the Eastern Goldfields of Western Australia and its Palmerville copper project in North Queensland after divesting its non-core Mt Morgan copper-gold project south of Rockhampton in Queensland to ASX-listed GBM Resources. The two core projects have been delivering bumper grade samples including 129 grams per tonne gold at Music Well.

Native Mineral Resources has executed a pivotal access agreement with the pastoral leaseholder at its promising Music Well gold project north of Leonora in Western Australia. The Pastoral Access Deed agreement with Next Horizon 888 Management gives Native Minerals a clear path to accelerate exploration and development at Music Well, which has been producing bumper gold results from sampling of an outcropping quartz vein.

Native Mineral Resources has successfully completed a four-hole diamond drill program and is set to deliver a thousand tonne bulk quartz gold vein sample to a toll treater from its Music Well project in WA with a view to determining the extent and grade of its exciting quartz vein target. The drilling was co-funded under WA’s government-backed Exploration Incentive Scheme.

A maiden diamond drilling campaign by junior gold explorer, Native Mineral Resources has intercepted a new quartz vein below a gold rich outcropping vein at its 100 per cent owned Music Well project, north of Leonora in WA. Recent sampling of the outcropping vein returned an average 3.16 g/t gold from 128 samples, with one sample delivering an eye-catching 147 g/t gold.

ASX-listed junior explorer Native Minerals Resources has opened a new exploration frontier in Western Australia’s Nullabor region after being granted two key tenements in the region. The company will immediately commence a high-resolution magnetic survey over its new leases to help define new drilling targets over the 195km2 slice of the remote Nullarbor Plain.

Junior explorer, Native Mineral Resources has put its foot on what looks to be a compelling exploration tenement prospective for copper, gold, zinc, lead and silver, some 100 kilometres west of Cairns in north Queensland. The property is host to a mineralised breccia pipe, curiously named the “Maneater Breccia”, where a single historical drill hole intercepted more than 300 metres of sulphides down-hole.

Native Minerals has spotted what it believes to be a significant iron-oxide copper-gold anomaly from a maiden high-resolution magnetic drone survey at its 100 per cent owned Nullarbor tenements in WA. The new target area is perched on a low seismic zone with a large-scale structure and low resistivity readings, similar to the enormous Olympic Dam IOCG deposit. Drill target planning is currently underway.