Evanston Prospect Confirms High-Grade Gold Trend for ASX 200 Explorer Leeuwin Metals (ASX:LM1)

3 min read | May 07, 2025 02:01 PM AEST | By Team Kalkine Media

Highlights

  • Leeuwin Metals (ASX:LM1) identifies continuous shallow gold mineralisation at Evanston within the Marda Gold Project.

  • Rock chip and drill data across a one-point-six kilometre trend reveal multiple high-grade intercepts.

  • Drill planning underway at Evanston with assays from nearby Marda Central expected soon.

Leeuwin Metals Ltd (ASX:LM1), listed on the asx 200 index, has confirmed high-grade gold mineralisation across a one-point-six kilometre strike length at the Evanston Prospect, part of its wholly owned Marda Gold Project in Western Australia. The company has reviewed historical drilling data and conducted fresh site sampling, reinforcing the area’s gold-bearing profile.

The Evanston Prospect, which comprises four historical open pits, was last mined between the late nineties and early two-thousands. Limited modern exploration has been conducted in this region until now. With strong gold values confirmed from both past drill results and current rock chip sampling, Leeuwin has elevated Evanston within its broader exploration framework.

Historical Drill Data and Rock Chip Sampling Confirm High Grades

Recent evaluations have focused on reinterpreting earlier drilling campaigns and augmenting them with present-day field sampling. Notable historical intercepts included wide mineralised zones at shallow depths. Gold grades from these intervals support the continuity of mineralisation along strike and down-plunge directions.

In addition to drill core evaluation, rock chip samples taken from pit wall exposures at Evanston returned highly elevated gold values. Samples extracted from banded iron formations and quartz veins containing visible sulphides produced results consistent with high-grade gold systems. These new assays reinforce earlier interpretations and add confidence to the geological continuity of the deposit.

Exploration Planning Progresses Across Evanston and Marda Central

With mineralisation confirmed at Evanston, Leeuwin Metals is now moving forward with the next phase of its 2025 field program. The company has begun refining drill targets, integrating historical intercept data with updated structural mapping and pit wall observations. Permit applications and contractor mobilisation are also progressing. Drilling activity at Evanston is expected to commence later in the current field season.

At the same time, Leeuwin is awaiting assay results from Phase One drilling at the nearby Marda Central prospect. These are expected to be reported in the coming weeks and will help guide subsequent field activities in that area.

Regional Exploration and Geological Modelling Underway

Beyond Evanston and Marda Central, Leeuwin continues to assess additional regional targets within the Marda Gold Project area. This includes zones such as Golden Orb and King Brown, which remain part of the company's ongoing exploration pipeline.

To enhance targeting precision and support long-term exploration planning, a three-dimensional geological model is being developed for the Evanston Prospect. This model will consolidate structural and lithological data to assist in defining areas of interest for resource development across the broader project.

The confirmation of high-grade zones within an established yet underexplored trend positions Evanston as a cornerstone within Leeuwin’s ongoing exploration strategy.


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