Big Drill Hits

Drill hits: The biggest lithium, gold and uranium intercepts for this week

Fri 31 Mar 23, 1:58pm (AEST)
Mining exploration drill rig 2
Source: iStock

Key Points

  • The biggest gold drill hits for the week for gold, lithium, uranium and nickel

Welcome back to Weekly Big Drill Hits – A curated list of the most intriguing intersections made by ASX-listed explorers. There's a bit more to chew on this week for explorers in the lithium, gold and uranium space.

Coincidentally, the increase in drilling news flow coincides with a general uplift for equity markets, with the ASX 200 set to finish the week up

This coincides with a general uplift in equity markets, with the ASX 200 set to finish the week up more than 3.0%.


Lithium

Lithium hits
Date range: 27-31 March

Patriot Battery Metals (ASX: PMT) is the gift that keeps on giving. Based on our drill hits data, its drill result on January 18 represents the best hit among the ASX lithium scene.

Spodumene in pegmatite from drill hole
Spodumene in pegmatite from drill hole CV23-105 (Source: Patriot Battery Metals)

Gold

Gold hits
Date range: 27-31 March

Great Boulder (ASX: GBR) is another name that continues to build on high-grade gold intersections at the Mulga Bill prospect, within the Side Well Gold Project. The company notes that the central and eastern areas of Side Well are relatively unexplored and located close to larger names like Westgold Resources.


Uranium

Uranium hits
Date range: 27-31 March

Deep Yellow (ASX: DYL) wrapped up a follow-up drill program for its Nova Joint Venture Project in Namibia.


Nickel

Nickel hits
Date range: 27-31 March

Nothing too exciting on the nickel front.

Written By

Kerry Sun

Content Strategist

Kerry holds a Bachelor of Commerce from Monash University. He is an avid swing trader, focused on technical set ups and breakouts. Outside of writing and trading, Kerry is a big UFC fan, loves poker and training Muay Thai. Connect via LinkedIn or email.

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