Kusi Lower Limestone target: Further exploration potential also exists in the Lower Limestone which has been trenched across an outcrop located to the south-west of the current Kusi Inferred Mineral Resource (Figure 4). This historical trench (CRA/RTZ, previously reported4) returned 28 m at 0.9 g/t Au, 21.6 g/t Ag as well as 6.3% Pb and 1.9% Zn. Approximately 300 m from this trench, but still in the Lower Limestone unit, rock chip samples returned 3.35 g/t Au, 170 g/t Ag, 6.3% Pb and 13.9% Zn4 lending further support to the target, as it is typical of the style of mineralisation which develops distal to Cu-Au skarn and porphyry mineralisation. At present, the Lower Limestone is a conceptual target and has not been drilled, however these results suggest that mineralisation may continue along the Lower Limestone horizon and at depth below the current Inferred Mineral Resource (see schematic section in Figure 5 below). Similar to the geological setup in the Upper Limestone unit, it is believed that Lower Limestone mineralisation should respond to conventional ground IP and that such mineralisation would be a viable exploration target and worthy of follow-up.
LCL Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
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