Announcement Date: 2022-08-17
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Metal Bank Ltd.
Project name: Livingstone
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 4m @ 2.38g/t Au from 63m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Metal Bank Limited (ASX: MBK) (‘Metal Bank’, ‘MBK’ or the ‘Company’) is pleased to provide additional gold assays from recent drilling at the Kingsley East target at its Livingstone gold project in Western Australia (75% MBK). Gold grades of up to 7.41g/t Au from 63m depth were intercepted within KE22RC007, located 400m east of the Kingsley Gold Resource. Importantly, these results highlight the potential continuity of the system between the existing Kingsley resource and the high-grade gold mineralisation intercepted 750m to the east of the resource1. KE22RC007 is located 400m east of the Kingsley Au Resource Gold. As previously reported2, highgrade Au of up to 35.4g/t was intercepted within KE22RC005, located 750m east of the Kingsley Au Resource and included 4m @ 4.09g/t from 12m, 2m @1.9g/t from 46m and 2m @ 18.15g/t from 54m (including 1m @35.4g/t). These results continue to highlight the potential of extension of mineralised system at Kingsley.
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