| Announcement Date: | 2023-04-24 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Los Cerros Ltd. |
| Project name: | Ono |
| Location: | Papua New Guinea |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 76.4m at 1.34g/t Au from 106.9m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Los Cerros Limited (ASX: LCL) (Los Cerros or the Company) is pleased to announce results from the first diamond drill hole (KU23DD001) of the Company’s maiden drilling program at Kusi, part of the 100% owned Ono Project in Papua New Guinea. KU23DD001 (Figure 1), testing the Upper Limestone skarn target, entered the targeted skarn gold mineralisation for a 76.4m downhole width from 106.9m, including 15.2m of high-grade gold grading 4.45g/t Au from 138.2m (Table 1). The hole then intercepted weakly mineralised phyllite at 183.3m, consistent with modelled expectations, and remained in phyllite until EOH at 195.2m. |
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