| Announcement Date: | 2023-05-02 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Labyrinth Resources Limited |
| Project name: | Comet Vale |
| Location: | Australia |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 5m at 14.90g/t Au from 46m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Labyrinth Resources Limited (Labyrinth or the Company) (ASX: LRL) is pleased to announce very highgrade assays from its first drilling program at its 51% owned Comet Vale gold project in WA. The 1,500m reverse circulation surface drilling program completed in April 2023 is the first genuine surface exploration undertaken at Comet Vale for 15 years. This is despite the project hosting extensive high-grade gold and copper mineralisation across its approved mining lease tenure that straddles the Goldfields Highway just 100km north of Kalgoorlie. The 18-hole program targeted the Sovereign Gold Trend, host to previous underground and open pit mining, and produced multiple significant high-grade results including: |
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