Highlights
- Phase One drilling at Marda Gold Project successfully completed
- High-grade gold confirmed at Marda Central prospect
- Preparation underway for expanded 2025 exploration program
Leeuwin Metals (ASX:LM1) has completed the first phase of its maiden drilling campaign at the wholly owned Marda Gold Project in Western Australia, revealing encouraging signs of high-grade gold mineralisation and setting the stage for an expanded exploration program in 2025.
The Phase One reverse circulation (RC) drilling program, which covered approximately 2,000 metres, was focused on the Marda Central prospect—an area situated near historically mined open pits and known for shallow, high-grade gold zones. This round of drilling aimed to evaluate near-surface mineralisation and validate the site’s historical data, which had indicated strong gold potential.
Located in a region with a proven track record of gold production and supported by robust infrastructure, the Marda Gold Project offers a favourable setting for ongoing exploration and future development. The successful completion of this initial campaign marks a key milestone for Leeuwin Metals as it continues to advance its strategic goals in the gold sector.
The company has also undertaken a comprehensive review of historical drilling results in tandem with its current exploration, strengthening its understanding of the geology and supporting future drill targeting. Insights gained from both past data and new assays will now guide the design of Phase Two of the exploration program.
The upcoming 2025 campaign will form part of a broader 10,000-metre drilling initiative designed to systematically test several priority targets across the Marda Project area. This next phase aims to unlock the full potential of the gold system through a focused and structured approach.
According to executive chairman Christopher Piggott, the swift execution of Phase One underscores Leeuwin’s commitment to proactive exploration. He highlighted that Marda Central shows excellent promise for near-surface mineralisation and that the latest work has laid a strong technical foundation for the next stage of drilling.
Leeuwin’s technical team is now in the final stages of compiling structural and geochemical interpretations, which will play a crucial role in optimising target selection and advancing exploration across multiple zones within the project.
With Phase One now wrapped up and preparations for the next phase in motion, Leeuwin Metals (LM1) appears well-positioned to continue its momentum in unlocking the gold potential of the Marda region.