| Announcement Date: | 2022-11-22 |
|---|---|
| Announcement Type: | Exploration Update |
| Announcement Code: | JORC |
| Company name: | Lykos Metals Ltd. |
| Project name: | Sinjakovo |
| Location: | Bosnia & Herzegovina |
| Commodities: | Gold,Silver,Copper,Antimony |
| Highlight: | Rock chip sampling assay results incl.@7.77 g/t gold, 2,070 g/t silver, 15.85% copper, 4.53% antimony and 0.72% zinc |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Base and precious metals exploration company Lykos Metals Limited (ASX: LYK) (Lykos or the Company) is pleased to provide an update on exploration activities at the Company’s 100%-owned Sinjakovo and Cajnice projects in Bosnia and Herzegovina. At Sinjakovo, the Company has identified three new polymetallic-bearing shear zones located within the newly identified Zekil-Erak Prospect. These new mineralised zones have been identified in the first trench excavated at Erak locality, with the widest zone being some 60m of trench length. A rock chip sample near one of those zones has returned exceptional result of 58 g/t gold equivalent. At RDK Prospect, two neighbouring drill holes (some 200m apart) have intersected sulphiderich zone. Two additional drill holes are underway to follow up on newly identified mineralisation. Lykos has delayed drilling preparations at the newly identified targets Erak, Bag and Kovacevac while it completes more community consultation. The Company is working with |
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