Managing Director, Ted Leschke, commented: “The latest results from drilling at the Webbs Consol Silver Project’s Tangoa West Lode speak for themselves. High grade mineralisation over substantial widths are the hallmarks of a well-endowed mineral system. Lode looks forward to announcing further drill results from the current drill programme for which the company is fully funded”. Further Exceptional Drill Result at Webbs Consol Silver Project Lode Resources Ltd (ASX:LDR) (“Lode”, or the “Company”) is pleased to provide a drilling update from the Company’s 100% owned Webbs Consol Silver-Base Metal Project (“Webbs Consol”) located in the New England Fold Belt in north-eastern New South Wales. Ongoing drilling at Tangoa West Lode has returned a number of exceptional intercepts with consistent high-grade mineralisation over substantial widths. These include 24.5m @ 1,450 g/t AgEq1 from 144.7m in drill hole WCS047. This drill intercept represents the 3 rd highest downhole endowment of all drill intercepts received to date at Tangoa West. The WCS047 drill intercept comprises two very high-grade zones with a cumulative 11.1m @ 2,714 g/t AgEq1 including a cumulative 4.3m @ 3,362 g/t AgEq1 . It also contains the highest individual grade interval to date at Webs Consol being 0.6m @ 5,291 g/t AgEq1 within 2.3m @ 3495 g/t AgEq1 within 5.4m at 2749 g/t AgEq1 . Details of this intercept are summarised in Table 1 below.
LDR Price at posting:
21.5¢ Sentiment: Hold Disclosure: Held
