is the dog stirring?

ASXAnnouncements


Sydney - Wednesday - Feb 6: (RWE Australian Business News) -
Further to its announcement on January 21 and following completion of its due diligence to acquire a 100pc interest in Exploration Licence E37/747,Leopard Resources NL (ASX:LRR) has been able to determine an initial gold
resource estimate for the Mission and Cables projects.
The project has a JORC Code compliant Inferred Mineral Resource estimate of 1.2Mt at an average grade of 2.79g/t gold for a theoretical 109,000 ounces, using a 0.6g/t lower cutoff.
This is based on previous results of drilling of the mineralised structures, which are extensive and had encountered significant intersections of primary and supergene gold mineralisation.
The transaction is subject to shareholder and regulatory approval.
Exploration Licence E37/747 is about 60km east-northeast of the Leinster town site, in the Mount Margaret Mineral Field.
The tenements are situated within the Yandal Greenstone Belt, in the Eastern Goldfields Province of Western Australia.