Leeuwin Metals Ltd (ASX: LM1) has announced strong drilling results from its Marda Gold Project in Western Australia, with high-grade gold assays extending known mineralisation at the Python prospect and reinforcing the project’s growth potential.
Key results include:
- 5m @ 5.0 g/t gold from 229m, including 1m @ 10.0g/t (hole MGRC0018)
- 23m @ 1.29g/t from 207m, including 10m @ 2.3g/t and 16m @ 0.78g/t (hole MGRC0027)
- 9m @ 1.15g/t from 193m (hole MGRC0023)
The new intercepts expand mineralization beneath existing pits and demonstrate continuity over a 200m x 200m area. The company is targeting a maiden Mineral Resource Estimate this quarter, with further drilling scheduled at Evanston in mid-August.
Leeuwin also reported the discovery of 11 new target areas at Marda Central through recent mapping and rock chip sampling. Over 120 assays are pending, with early signs pointing to underexplored, high-grade zones hosted in north-south trending quartz veins.
Executive Chairman Christopher Piggott stated the results “highlight the scale and potential tenor of the system” and reaffirmed the company’s strategy to advance Marda through systematic exploration, resource definition, and structural mapping.-
The Marda Gold Project spans a 70km greenstone belt and benefits from a granted mining lease, a strong exploration dataset, and proximity to infrastructure. Leeuwin aims to grow its pipeline of targets while progressing toward development-ready status.
For more information, visit www.leeuwinmetals.com
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