Leeuwin Metals Commences Phase 2 Drilling at Marda Gold Project

THE DRILL SERGEANT: Leeuwin Metals (ASX: LM1) has commenced a Phase 2 reverse circulation (RC) drilling program at the company’s 100 per cent-owned Marda gold project in Western Australia.

Leeuwin Metals has kicked off the drilling at the project’s Marda Central prospect designed to extend high-grade mineralisation identified in its earlier Phase 1 drilling campaign.

The previous drilling returned multiple shallow, thick, high-grade gold intercepts and confirmed the potential for a healthy gold system across the granted mining lease.

Results are expected in the September quarter. Pending the outcome, Leeuwin will assess the next stage of work including detailed geological modelling, additional follow-up drilling and commencement of resource estimation workstreams.

“The Phase 1 drilling results confirmed the immense exploration upside at Marda Central,” Leeuwin Metals executive chairman Christopher Piggott in the company’s ASX announcement.

“Given the strength of those results, we have moved quickly to start Phase 2, which is aimed at creating shareholder value by extending this known mineralisation and ultimately establishing a significant gold resource.

“We are also starting to explore the wider project area, which we believe has huge potential and has been subjected to little or no modern exploration”.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE