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Mining Briefs: Mamba, Odyssey and more
Mamba moves into REE option; Odyssey gold bonanza; Arcadia signs Swanson LOI; and more
Mike Dunbar , Managing Director, Mamba Exploration Limited
Mamba Exploration hits high-grade gold at Calyerup Creek
Mamba Exploration is a Western Australian Focused Gold, Nickel and Copper Explorer with four key projects.
Primarily the Darling Range Project which has a nickel, copper & PGE focus. Mamba also holds the Calyerup Creek project that is gold-based as well as their other primary gold project Ashburton.
Mambas final project is the Kimberly (Speewah East, Copper Flats and Ruby Plains) project, with a versatile focus on nickel, copper, cobalt, silver & gold.
Significant widths of mineralisation in 20 of the initial 22 holes completed at Hyden REE project
In total, 50 holes are planned at Calyerup Creek, An additional PoW has been submitted to DMIRS
The survey covers four priority Copper and Sliver target areas
Rare Earth element (REE) & gold project in the East Kimberley secured upon option agreement.
Multiple zones of disseminated sulphide mineralisation identified, samples submitted for analysis
A 58 hole shallow aircore / RC drill programme has been completed
Auger sampling identified a gold anomaly measuring approximately 300m by 200m
Final assay results from the initial RC drilling have demonstrated significant mineralisation
The second diamond drill hole has intersected two zones of sulphide mineralisation
Drilling has been planned on two conductors with mobilisation scheduled for the 19th of January 2023
Initial drilling on eastern gravity anomaly intersected significant clay hosted TREO mineralisation
Downhole EM surveys identify off hole conductors from the 2 initial drill holes completed late 2021
Conductors coincident with basin growth faults and high-grade copper and silver surface sampling
Detailed gravity survey has commenced over the regional gravity anomaly
Significant mineralisation in 13 of 14 holes and extends for over 350m east-to-west
The significant intersections indicate an average of 21% NdPr and 17% HREO from the 22 holes drilled
Soil sampling programme has been completed with 2,600 sites sampled
At least eight distinct anomalies within the Company's Ashburton / Gascoyne Project tenements found
Extremely high-grade clay total rare earth oxide (TREO) drill sample of 46,716 ppm
Program plans to double the strike length of the Southern Prospect discovery from 500m to 1,000m
Agreement reached for a 6-month extension, allowing additional time for further investigation
The first diamond drill hole in the southernmost EM conductor at the Black Hills Project
Final assay results from RC drilling at Calyerup Creek have identified significant mineralisation
The project is approximately 30km northeast of the Julimar deposit discovered by Chalice Mining
Initial drilling completed at Calyerup Creek Project. 56 shallow RC holes drilled
Modelling has identified a number of targets, including a late-stage intrusive feature
A Western Australian Focused Gold, Nickel and Copper Explorer Presentation November 2021
Mamba moves into REE option; Odyssey gold bonanza; Arcadia signs Swanson LOI; and more
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Level 2, 25 Richardson Ave
West Perth WA 6005
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