Announcement Date: 2022-03-23
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Laneway Resources Ltd.
Project name: Agate Creek
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 8m @ 4.62g/t Au from 0.0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: The Board of Laneway Resources Limited (“Laneway” or “the Company”) (ASX:LNY) is pleased to advise of continuing high grade gold assay results from the recent drilling program at the high grade Sherwood and Sherwood West deposits within Laneway’s 100% owned Agate Creek Gold Project in North Queensland. Further details of the results of the Multi-element study are contained in the Company’s ASX announcement of 18 November 2021. Assay results from the first 12 holes in the program were contained in the Company’s ASX announcements of 17 December 2021 and 4 March 2022. The drill hole location co-ordinates and significant assay results are contained in the tables in the attached appendices 1 and 2 below and the location of the drilled holes is also shown on the image below. Drilling results so far are confirming extensions of the previously mined veins along with previously identified deeper almost parallel systems which also host narrow high grade gold zones.
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