Leeuwin Metals Begins 3,000m Phase 2 Drilling After High-Grade Phase 1 Hits
Leeuwin Metals has launched a 3,000m Phase 2 drilling campaign at its Marda Gold Project, aiming to build on promising high-grade gold intercepts from Phase 1. Regional geophysics will also probe for further mineralisation extensions.
- Phase 2 drilling commenced targeting extensions of high-grade gold zones
- Phase 1 delivered multiple thick, shallow gold intercepts validating geology
- 3,000m drilling planned in Phase 2, part of a 10,000m program for 2025
- Regional geophysics and mapping to explore broader mineralised trends
- Results expected in September quarter with resource estimation next steps
Building on Early Success at Marda
Leeuwin Metals Ltd (ASX – LM1) has swiftly moved to capitalise on encouraging early drilling results at its 100%-owned Marda Gold Project in Western Australia. Following Phase 1’s confirmation of multiple thick, high-grade gold intercepts, the company has initiated a Phase 2 reverse circulation drilling program designed to extend these mineralised zones both along strike and down dip.
The Phase 1 program, completed earlier this year, returned standout intercepts such as 16 metres at 2.00 grams per tonne gold from 134 metres depth and 22 metres at 1.25 grams per tonne including a higher-grade 3-metre section at 6.3 grams per tonne. These results validated Leeuwin’s geological model and underscored the potential for a significant gold system within the granted mining lease.
Expanding the Footprint with Phase 2 and Regional Exploration
Phase 2 drilling, comprising an initial 3,000 metres of RC drilling, is underway with a focus on both step-out and infill holes targeting the most prospective zones identified in Phase 1. This drilling forms part of a broader 10,000-metre program planned for 2025, reflecting Leeuwin’s commitment to aggressively delineate a meaningful resource.
In parallel, the company is commencing regional geophysical surveys and field mapping aimed at testing extensions of the mineralised trend beyond the immediate Marda Central prospect. This dual approach of focused drilling and wider exploration highlights Leeuwin’s strategy to unlock both near-mine and greenfield potential within this underexplored gold belt.
Strategic Location and Infrastructure Advantages
The Marda Gold Project benefits from a strategic location approximately 120 kilometres north of Southern Cross and within trucking distance of multiple processing facilities. The project area, covering over 500 square kilometres, includes historical open pits and is accessible via sealed roads, providing logistical advantages for potential future development.
Executive Chairman Christopher Piggott emphasised the company’s confidence in the project’s upside, stating that the Phase 1 results confirmed “immense exploration upside” and that the Phase 2 program aims to create shareholder value by extending known mineralisation and establishing a significant gold resource.
Looking Ahead
Leeuwin anticipates receiving Phase 2 drilling results in the September quarter, which will inform subsequent geological modelling, follow-up drilling, and resource estimation workstreams. The company’s methodical yet ambitious approach positions it well to advance Marda from a promising exploration asset toward a defined resource, potentially reshaping its portfolio and market valuation.
Bottom Line?
As Leeuwin Metals pushes deeper into Marda’s gold system, the coming months will be critical in defining the project’s true scale and value.
Questions in the middle?
- Will Phase 2 drilling confirm extensions of the high-grade zones identified in Phase 1?
- How will regional geophysics reshape the understanding of Marda’s broader mineralised system?
- What timeline and scale will Leeuwin set for resource estimation and potential development?
