LCL 0.00% 0.7¢ lcl resources limited

Ann: Exploration Update - Chuscal, Colombia, page-14

  1. 924 Posts.
    lightbulb Created with Sketch. 65
    https://finfeed.com/small-caps/mining/los-cerros-outlines-drilling-and-geological-modelling-campaign/


    Commenting on these findings and outlining the company’s exploration strategy, managing director Jason Stirbinskis said, “We are thinking both tactically and strategically with this next drill program.

    ‘’Tactically we want to establish that the epithermal vein pulse - the veins that have sustained the artisanal workers for several generations - can be targeted.

    ‘’If these higher grade veins are close to surface and show continuity they offer a supplemental feed to boost the economic viability of the Miraflores Project and a pathway to early production.

    ‘’Strategically, the pursuit of the porphyry source(s) responsible for the extensive background gold throughout Chuscal might elevate Quinchia (Chuscal, Tesorito, Miraflores) to the ranks of the large scale discoveries of the Mid-Cauca Porphyry belt.’

    ’In addition, the completion of current modelling and near-term planned field work, including IP, are likely to also elevate Tesorito to part of the next drill program.

 
watchlist Created with Sketch. Add LCL (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $6.754M
Open High Low Value Volume
0.7¢ 0.7¢ 0.7¢ $3.668K 524.0K

Buyers (Bids)

No. Vol. Price($)
3 4809377 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 2507508 6
View Market Depth
Last trade - 14.06pm 02/08/2024 (20 minute delay) ?
LCL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.