Lightning Minerals Ltd (ASX:L1M) has received encouraging results from its recent auger sampling program at the Mailman Hill Gold Project…located in Western Australia and Tylah Tully brings us Just The Facts about the seven hundred and nineteen auger samples from nine kilometres of prospective lithology in the Keith-Kilkenny Tectonic Zone averaging a depth of one and a half metres.
The analysis revealed three significant clustered areas of interest, with gold concentrations peaking at 141 parts per billion.
Lightning Minerals MD Alex Biggs said, “First pass results from Mailman Hill are encouraging and provide impetus for further follow up and allows the Company to capitalise on an asset that was part of our IPO. We are still principally focused on the critical minerals and lithium markets, supported by our recent acquisition of the Caraíbas, Sidrônio and Esperança projects in Brazil’s Lithium Valley but see value at Mailman Hill. We will now look at the next stage of works and aim to expand on the principle areas of interest that have been identified during this campaign.”