Highlights
- Leeuwin Metals expands drilling at Marda Central and Evanston
- Strong gold intercepts confirmed along a 3-kilometre corridor
- Phase Three drilling fast-tracked following assay results
Leeuwin Metals (ASX:LM1) is advancing exploration activity at its Marda Gold Project in Western Australia, completing extensive drilling across its Phase One and Two programs. With over 5,000 metres drilled during the June quarter and strong assay results already reported, the company is accelerating into Phase Three.
The latest assays have revealed thick, high-grade gold zones, particularly within the Marda Central area. The continuity of gold mineralisation beneath and along strike of historic pits has provided a solid geological foundation for Leeuwin's next exploration stage. The company now plans to expand drilling efforts at both Marda Central and the Evanston prospect, where several unmined zones remain open for testing.
High-Grade Gold Zones Identified
The Marda Central corridor, which spans approximately three kilometres, has shown consistent high-grade mineralisation in early results. This area, part of Leeuwin’s granted mining lease, continues to deliver significant findings, prompting immediate follow-up exploration.
Additionally, over 100 rock chip samples have been collected from across several target areas, with assays pending. These results are expected to guide future drilling and refine exploration plans across the broader Marda region.
Phase Three Drilling Underway
With exploration momentum building, Phase Three is now underway. The new round of drilling will test additional zones at Marda Central and Evanston, reinforcing the company’s commitment to unlocking the full potential of its land package.
Mapping and sampling are also being expanded, helping define new drilling targets based on geological structures and historical data. These efforts are timed with planned activities in the upcoming month to maintain operational pace and focus.
Strategic Progress Toward Resource Definition
Leeuwin Metals is working toward delivering a maiden resource estimate for the Marda Project. With all drilling to date occurring within a granted mining lease, the pathway to development is streamlined. The company is now aligning exploration with resource modelling to support potential project development in the near term.
FAQs
Q1: Where is Leeuwin Metals conducting its exploration?
Leeuwin Metals is exploring its Marda Gold Project located in Western Australia.
Q2: What recent drilling results have been reported?
The company has confirmed thick, high-grade gold intercepts particularly at the Marda Central zone.
Q3: What is the objective of Phase Three drilling?
Phase Three aims to test additional unmined high-grade zones at both Marda Central and Evanston.