Highlights
- Leeuwin Metals identifies additional high-grade iron mineralisation.
- Rock chip sampling results show up to 54.66% iron.
- Exploration reveals a 2.4 km strike footprint open for further study.
Leeuwin Metals (ASX:LM1) has expanded its iron mineralisation footprint at the West Pilbara Iron Project in Western Australia. Recent rock chip sampling has delivered impressive results, with iron grades reaching as high as 54.66%. The findings underscore the robust potential of the project, which now spans over 2.4 kilometers of strike length and remains open in multiple directions for further exploration.
The rock chip samples also revealed high calcium-iron content, along with low levels of impurities such as aluminium oxide, silica oxide, and phosphorus. These characteristics indicate promising ore quality, which could support future development initiatives. Notable samples included 54.66% iron with 61.48% calcium-iron and 2.01% aluminium oxide, as well as other samples exceeding 50% iron content with relatively low silica oxide and phosphorus levels.
Leeuwin Metals plans to build on these results by continuing its exploration activities. Upcoming programs will focus on detailed mapping and additional rock chip sampling to refine the mineralisation profile. The company aims to launch a drilling campaign in 2025, targeting channel iron deposits that mirror the characteristics of Rio Tinto’s Mesa A mine, located just 13 kilometers from the project site.
In addition to exploration, Leeuwin Metals is actively working on securing the necessary third-party agreements to advance the project. The company expects to obtain tenement rights by the first quarter of 2025, which will pave the way for deeper investigations into the site’s potential.
The strategic location of the West Pilbara Iron Project, close to established infrastructure, provides a significant advantage for Leeuwin Metals. With strong assay results from just the second round of exploration, the project is shaping up to be a promising asset. Leeuwin Metals is progressing steadily, aligning its efforts toward unlocking the resource-rich potential of the region.