The Pick News

Legacy identifies encouraging gold mineralisation at Sunrise Bore - The Pick Online Magazine

Written by Staff Writer | Sep 8, 2023 8:44:35 AM

Legacy Iron Ore (ASX: LCY) has identified encouraging gold intersections in the company’s recent RC drilling programme at the Sunrise Bore Project in Western Australia.

Drilling was designed to further test the Kingsley-2 and RAB-4 areas. The RC drilling programme was conducted in June 2023 and consisted of 15 inclined drill holes totalling 1,710 metres.

Three holes out of 15 intersected mineralisation with a maximum value of 6.61 ppm Au reported in drill hole SBRC037 at 46 metres drill depth. The results improve confidence in the project and provide additional targets for follow-up drilling.

The encouraging results from the 2023 drilling programme have identified southern and northern areas that contain gold mineralisation that justify further drill testing.

The company will consider further drill testing to establish the strike and dip continuity of gold mineralisation.

The company is encouraged to discover additional gold mineralisation in the prospective geological terrain and looking forward to running follow-up drilling programs. The company also aims to undertake exploration activities over other targets within the project while following up on the recent results at Kingsley-2 and RAB-4.