MTL - Mantle Minerals

[Berry]

CAD have just come off another trading halt - Announcement as follows:
HIGHLIGHTS • Exceptional assays from the first 45% of results received from Pilbara Pardoo RC Drilling Program • Significant shallow and thick Ni-Co-Cu-Pd mineralised intercepts include: o CPRC003: 64m @ 0.50% Ni (from 28m), including 14m @ 1.0% Ni (from 76m) 102m @ 0.04% Co (from 27m) 109m @ 0.15% Cu (from 24m) 63m @ 0.10g/t Pd (from 24m) o CPRC010: 45m @ 0.49% Ni (from 54m) 80m @ 0.05% Co (from 53m) 97m @ 0.22% Cu (from 35m) • The results received to date have intersected sheared, ultramafic rocks indicating a large mineralised system, open down-dip and along strike to the east and west. • The Pardoo Highway deposit is located adjacent to the sealed Great Northern Highway and 120kms from Port Hedland in the Mt Goldsworthy Region of the Pilbara, WA. • Ni mineralisation strike length currently at ~ 900 m • Co mineralisation strike length currently at ~1.25 km • Two high priority regional targets identified with PoW submitted to test higher grade Co-Pd alongside follow up resource definition drilling • Additional assays expected over the next ~2 weeks

 

[System]

On December 7th, 2022, Caeneus Minerals Limited (CAE) changed its name and ASX code to Mantle Minerals Limited (MTL).

 

[frugal.rock]

I'm unlikely to ever buy this stonk again... I was a true believer and lessons have been learnt.

However, when the bar stewards change company name, and I don't check up on the forum, I may by mistake, re-enter...
Woops.
$600 worth huge entry at $0.003 being 200k shares.

I fell for the nearology story again....

Oooh, a different company in the vicinity of DEG/ Hemi, I thought.
What a muppet am I.

 

[Dona Ferentes]

... maybe one to watch.
.
been granted Mt Berghaus exploration licence E45/5899, which covers 84km2 immediately north of the Hemi gold discovery (DEG) in WA’s Pilbara region

 

[frugal.rock]

20 November 2023

DE GREY MINING LIMITED
TO DRILL AT MANTLE’S
ROBERTS HILL

HIGHLIGHTS

• Mantle and De Grey have signed access agreements at Roberts Hill and Mt Berghaus

• De Grey to access Roberts Hill to complete at least 100 aircore holes for 8,500m following grant of De Grey’s miscellaneous licences

• Drilling fully funded and operated by De Grey

• Mantle retains rights to all results, follow-up drilling and any discovery

• De Grey’s drilling adds to Mantle’s 30,000m drilling program currently in progress

 

[Dona Ferentes]

... maybe one to watch.
.
been granted Mt Berghaus exploration licence E45/5899, which covers 84km2 immediately north of the Hemi gold discovery (DEG) in WA’s Pilbara region

... winner in the Nearology stakes.

RC Drilling Program commenced at Mt Berghaus and Roberts Hill​

Highlights - Quarter Ended 30 Sept 2024
• Results of first pass aircore drilling program received in September quarter
• First phase RC drilling commissioned at Mt Berghaus and Roberts Hill
• RC Drilling Program commenced to test for ‘Hemi-Style’ intrusive systems below oxidised aircore gold intersections
• Eleven RC holes up to 280m deep; assay results expected in December 2024 quarter
• Fundraising of $700,000 completed to fund RC Program

11 Dec 2024 ...Mantle has engaged Core Geophysics to conduct a detailed geophysical review of its Mount Berghaus tenement E45/ 5899. The review has been initiated after recent RC drilling last month confirmed a broad halo of deeper-seated fresh rock gold mineralisation within Hemi-style igneous lithologies potentially capable of returning commercial grades of mineralization. The De Grey Mining Limited Hemi gold resource (264 Mt @ 1.3 g/t gold for 11.2 Moz) is situated approximately 10 kilometres to the south-west of the Company’s Mt Berghaus tenement.

The review will combine the Company’s 25 metre and 50 metre line spaced Aeromagnetic data obtained in 2020 along with additional open file geophysical data. All data will be re-merged, re-processed and subject to a full review.

Of particular interest is the drill line in the south of the Mount Berghaus exploration licence, which contains two interpreted gold halos....

.. 6.2 Billion shares on issue.. and how many oppies?
.
No news yet ... more money needed ...CR after first RC drill results?