공시 • Apr 08
Leeuwin Metals Ltd Announces Review of Historical Drilling Results At the Marda Gold Project in Western Australia
Leeuwin Metals Ltd. announced that a review of historical drilling results at the Marda Gold Project in Western Australia has identified extensive shallow high-grade mineralisation along a 3km trend at Marda Central. Drill intercepts and corresponding assay results are provided in Appendix B of this announcement. Multiple shoots remain open with this area being a high priority for drilling post completion. Mining was completed to a max depth of approximately 65m. Multiple shoots remain open, making this area a high-priority target for further drilling. Mining was completed to a maximum depth of approximately 50 m. Extensions to these pits, as well as footwall and hanging wall target areas, are key priorities for drilling in 2025. A comprehensive strategic review and re-modelling of historical data is underway across the North, Central, and South Marda prospect areas at the Marda Gold project. Multiple significant results have been identified in these areas, as detailed in the ASX announcement dated 20 December 2024. Significant drill results from the Evanston Mine area include: 2m @ 16.75 g/t Au from 12m (NRC043); 3.6m @16.4 g/t Au from 1m (EDM003); 8m @ 5.76 g/t Au from 8m (ERC147) Marda South. Work at Marda West has focused on the existing King Brown Mine. Multiple high grade dill intersections demonstrate the depth potential of the prospect as well as the significant target area at the footwall target of King Brown West. With the acquisition of the Marda Gold Project from Ramelius Resources Ltd. now complete, Leeuwin has commenced follow-up exploration, with drilling currently underway targeting high-priority unmined mineralisation at Marda Central. Mr. Piggott has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting o f Exploration Results, Mineral Resources and Ore Reserves'. Unmined historic drill summary from the Marda Project. This method of topographic control is deemed adequate., Data spacing and distribution, Data spacing for reporting of Exploration Results., Due to the stage of the Project the sample spacing is appropriate., Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied, Data spacing is considered sufficient to establish geological and grade continuities for reporting exploration results., Whether sample compositing has been applied., Compositing has been applied for reporting drill intercepts using weighted average., Orientation of data in relation to geological structure, Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type., The core drilling and RC drilling is completed orthogonal to the interpreted strike of the deposits. Only down hole lengths are reported., Diagrams, Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported. These should include, but not be limited to a plan view of drillhole collar locations and appropriate sectional views., Exploration plans and diagrams are included in the body of this release as deemed appropriate by the Competent Person., Balanced reporting, Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results., Only significant results from Marda Central project area has been reported due today. The reporting of the selected holes in this announcement are deemed to be reasonable by the competent person., Other substantive exploration data, Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; geochemical survey Results; bulk samples - size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances., All relevant and material exploration data for the target areas discussed, has been reported, has been reported.