Juniors on Radar: 5 ASX Explorers to Watch

By Market Index
Tue 21 Dec 21, 11:15am (AEDT)

Key Points

  • Five juniors with interesting announcements today
  • Nexus Minerals, Firefinch, Artemis Resources, Rumble Resources, Kingfisher Mining

Nexus Minerals intersects high-grade gold 

Nexus Minerals (ASX: NXM) has reported high-grade assay results from drilling at the Crusader-Templar Prospect, within the Company’s Wallbrook gold (Au) project in Western Australia. The results include 29m @ 4.6 g/t Au. 

Managing Director Andy Tudor commented:

“The broad high-grade gold results continue to impress and build our confidence in the continuity of the high-grade gold mineralisation at Crusader-Templar.”

Firefinch discovers new high-grade zone at Morila gold project

Firefinch (ASX: FFX) has announced further drilling results at the Morila gold project in Mali. The drilling has identified a new high-grade zone on the eastern side of the Morila super pit. Firefinch owns an 80% stake, while the Government of Mali holds the remainder. 

Managing Director Dr Michael Anderson said:

“It is always exciting to receive high grade drilling results but to receive several meaningful intersections above 30g/t gold is certainly noteworthy. It seems with Morila the more we drill, the more we find, and our intention is to continue drilling to better understand this globally significant deposit.

Artemis Resources announces additional gold and copper intercepts

Artemis Resources (ASX: ARV) has updated investors on assays from drilling at its 100%-owned Carlow Gold and Copper Project in the west Pilbara region of Western Australia. 

Executive Director Alastair Clayton commented:

“Through diligent analysis we can now target and intercept very high-grade shoots as well as thick zones of gold and copper with a high degree of certainty.”

Rumble Resources intersects zinc-lead-silver-copper feeder fault zone

Rumble Resources (ASX: RTR) has found a major feeder fault zone with significant zinc-lead-silver mineralisation, along with strong copper mineralisation, at the Chinook Prospect, located 110km north of Wiluna, Western Australia.

Commenting on the announcement, Technical Director Brett Keillor said:

“The discovery of significant copper (>1%) with silver mineralisation at the top of a major feeder fault system along with high grade zinc and lead (up to 17.1% Zn + Pb (EHRC136)) at Chinook highlights the potential for a very large-scale zoned base metal system.” 

Kingfisher confirms rare earths potential at gascoyne projects

Kingfisher Mining (ASX: KFM) have identified anomalous rare earth elements have been identified from surface geochemical sampling at the company’s Mick Well and Kingfisher projects. The sampling includes up to 0.16% total rare earth oxides. Follow-up rock chips will undergo further laboratory analysis. 

Executive Director and CEO James Farrell commented:

“Kingfisher looks to have a genuine rare earth opportunity in a hotspot for rare earth exploration in Western Australia.”

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