Sunshine Metals (ASX:SHN) has announced a significant 6-meter intersection with a gold grade of 8.5 grams per tonne (g/t) at its Liontown West area of interest. This discovery highlights the potential of the Liontown West site as a promising area for further exploration and development.
Sunshine Metals (ASX:SHN) has unveiled its latest assay results from the Liontown West prospect, delivering a notable headline with a 6-meter intersection averaging 8.5 grams per tonne (g/t) gold. This result emerged from a recent 6-hole, 1,120-meter drilling campaign using an RC drill rig to explore both copper and gold.
The key findings from the report released on Wednesday include:
- 6m @ 8.5g/t Gold: A standout result from the campaign, part of a broader core interval.
- 11m @ 4.9g/t Gold and 0.5% Copper from 73 meters depth, with a notable sub-interval of:
- 6m @ 8.55g/t Gold and 0.8% Copper
- 10m @ 2.6g/t Gold and 1.05% Copper from 83 meters depth
- 11m @ 0.3g/t Gold and 1.5% Copper from 179 meters depth, including:
- 6m @ 0.45g/t Gold and 1.7% Copper
“These results cover a strike length of approximately 1 kilometer, with potential for further extensions,” said Sunshine Metals Managing Director, Dr. Damien Keys.
The company also noted that these results are situated along strike from recent drilling that intersected significant gold and copper mineralization at greater depths over 300 meters. Drilling with a diamond rig is ongoing on-site, with two holes completed and samples currently at the lab. This program is expected to continue through August 2024.
Following the Gap Zone diamond drilling program, Sunshine Metals plans to initiate RC drilling programs at Highway East and Truncheon, targeting additional gold and copper mineralization.
The company anticipates releasing assays for the Gap Zone extension, along with metallurgical results and a JORC resource update, in the December quarter.