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Leeuwin Metals Commences Phase 2 Drilling at Marda Gold Project

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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

 

Leeuwin Metals Database Review Confirms High-Grade Gold Potential at Marda

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THE DRILL SERGEANT: Leeuwin Metals (ASX: LM1) has carried out a review of historical drilling results at the company’s Marda gold project in Western Australia.

Leeuwin Metals has identified extensive shallow high-grade mineralisation along a three-kilometre trend at Marda Central.

These results lie outside the four open pits previously mined by Ramelius Resources that Leeuwin considers to be an opportunity to define new mineralised zones beyond existing open pits.

The company has drilling to test these targets currently underway.

Leeuwin Metals executive chairman Christopher Piggott said in the company’s ASX announcement.
“The drilling results uncovered by the review of Marda Central strengthen our view about the substantial upside at Marda.

“The results show there is extensive mineralisation outside the mined areas, including high-grade zones, and highlight the potential to create value by extending this mineralisation, current drilling is targeting extensions of this mineralisation.

“They also show there has been little or no deeper drilling, which represents a significant opportunity for Leeuwin, particularly given that the mineralisation is hosted in banded iron formations, which are known for extending at depth.

“Given the success of this review, we will now conduct similar assessments of other key areas at Marda, including Evanston, Golden Ord and King Brown with the expectation there will be additional brownfield targets identified.

“This will be done in parallel with ongoing assessments of early-stage prospects within the project area and other opportunities within the region.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Leeuwin Metals (ASX: LM1) managing director Chris Piggott at 2025 RIU Explorers Conference

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THE CONFERENCE CALLER: Leeuwin Metals (ASX: LM1) managing director Chris Piggott talks up the company’s recently acquired Marda gold project for Wally Graham of The Resources Roadhouse at the 2025 RIU Explorers Conference.