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TrayonRanger

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03/02/21

14:26

Post #: 50675869
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Originally posted by gatorzz: ↑

Lol Gatorade it is...

Latest Activities report.

The Koojan Project is located in the New Norcia region of Western Australia (Figure 1), approx. 80km north
of the recent Julimar Ni-PGE-Cu discovery by Chalice Gold Mines Ltd, and is located in a similar geological
2
setting.

and

Page 4.

Historic exploration and recent work undertaken by Liontown has identified number of gold and base metal
targets that are drill ready and warrant further work. These include:
• Barrall Prospect – A 4km long gold target defined by the alignment of nugget patches and
coincident As-Cu-Te anomalism
• 1713 Prospect – A 800m long coincident gold/arsenic anomaly that remains open along strike
• Buldania Prospect – Multiple historic workings where historic drilling (Pre-1983) recorded
significant intersections including:
o 11m @ 1.7g/t Au from 18m
o 7.6m @ 2.4g/t Au from 90m
o 6m @ 4.7g/t Au from 210.6m
• A number of other targets partially tested by previous explorers with better intersections including:
o 28m @ 2.1g/t Au (Duke Prospect);
o 48m @ 0.3g/t Au (Gossan East Prospect); and
o 2m @ 6g/t Au (Cashel Prospect)
In addition to being prospective for gold, previous work has also recorded significant nickel and zinc
mineralisation which warrants further assessment.
Lachlan Star is planning a work program for the Killaloe project. A total of 550 auger geochemical samples
have recently been collected that cover the majority of tenement E63/1713 and results are expected within
in the March quarter. The program planned by Lachlan Star will consist of aircore drilling to follow-up
defined structural zones and reverse circulation drilling at the Buldania Gold prospect to follow-up and
define the high-grade gold mineralisation and determine the potential for gold mineralisation.

News in the March Quarter, for the FY that is Jan-Mar. so think based on that gem we might have some news inbound and results of the 550 samples collected.

good things

DYOR

Expand

"...results are expected within in the March quarter."

Nice pickup and how convenient February is a short month and not a leap year.

LSA Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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ASX Today, page-260

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