THE DRILL SERGEANT: Legacy Minerals (ASX: LGC) has been busy of late at the company’s 100 per cent-owned Bauloora project in New South Wales.
Legacy Minerals reported high-grade silver, gold, lead and zinc assay results achieved by RC drilling on the Mt Felstead prospect where breccia and vein hosted massive and semi-massive sulphides have been intersected.
Legacy explained the Mt Felstead prospect is the first of several high priority target areas to be drill tested at the Bauloora project with the new assay results highlighting the high-grade nature and strike extent of the deposit.
Drill result highlights include:
3 metres at 1.65 grams per tonne gold, 152.8g/t silver, 0.35 per cent copper and 6.9 per cent lead + zinc (Pb+Zn) from 149m, including 1m at 4.75g/t gold, 442g/t silver, 0.99 per cent copper and 19.47 per cent Pb+Zn from 149m; and
5m at 0.99g/t gold, 17.9g/t silver, 0.27 per cent copper and 2.76 per cent Pb+Zn from 97m, including 1m at 3.03g/t gold, 63.4g/t silver, 0.58 per cent copper and 8.12 per cent Pb+Zn from 99m.
Legacy Minerals has engaged ALS to conduct metallurgical test work on selected samples representative of the mineralisation intercepted to date at the Mt Felstead prospect with the aim of determining the best means of beneficiating the mineralised material and the best commercial means of recovering the contained metals values.
“The Mt Felstead prospect continues to showcase its high-grade nature,” Legacy Minerals managing director Chris Byrne said in the company’s ASX announcement.
“Like our initial drilling assays, we are exceedingly pleased with the results showing gold-silver and base metal mineralisation is present and open at depth and along strike.
“The Mt Felstead prospect is one of five key prospects at our Bauloora epithermal project in which where we are aggressively exploring an eight square kilometres anomalous gold zone with plans to continue drilling in the near future.”
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