Ilgarari Copper Project: 59.5 km MLEM Survey Identifies Multiple Drill Targets
Lord Resources has completed a detailed electromagnetic survey at its Ilgarari Copper Project, identifying multiple compelling drill targets and securing full permits for imminent drilling. The project’s proximity to a major copper mine and government support adds to its strategic appeal.
- 59.5-line km Moving Loop Electromagnetic (MLEM) survey completed
- Multiple high-priority copper targets identified including down-dip extensions of historic zones
- Ilgarari fully permitted with heritage clearance for maiden drilling program
- Project located near Sandfire Resources’ high-grade DeGrussa mine
- Historical shallow drill data unverified but provides geological context
Survey Success at Ilgarari
Lord Resources Limited (ASX, LRD) has announced promising results from a recently completed Moving Loop Electromagnetic (MLEM) survey at its Ilgarari Copper Project in Western Australia. Covering nearly 60 line kilometres, the ground-based geophysical survey has pinpointed multiple high-priority electromagnetic conductors that suggest significant copper sulphide mineralisation below the historically mined zones.
The standout target is a modelled conductor plate located down-dip and along strike from the historic Alac high-grade copper zone, aligning with previous interpretations of the mineralised plunge. This conductor represents a compelling drill target for Lord’s maiden drilling campaign, which is now fully permitted and scheduled to commence in the coming weeks following heritage clearances.
Strategic Location and Historical Context
Ilgarari sits just 120 kilometres north of Sandfire Resources’ DeGrussa Copper-Gold Mine, one of Australia’s highest-grade copper discoveries. This proximity not only underscores the geological potential of the project but also positions Lord Resources to benefit from regional infrastructure and copper market dynamics.
While historical drilling above 120 metres from surface remains unverified and excluded from current resource calculations, it provides valuable geological context. Lord Resources is focused on the sulphide mineral rights below this depth, where the new MLEM survey has identified promising targets. The company’s approach reflects a cautious but optimistic strategy to unlock deeper, higher-grade mineralisation.
Government Support and Next Steps
The survey was co-funded by the Western Australian Government’s Exploration Incentive Scheme, highlighting public sector support for advancing copper exploration in the region. Lord’s CEO Andrew Taylor expressed enthusiasm about the survey results and the upcoming drilling program, which will test the newly identified targets and refine the geological model.
With drilling contractors being engaged and permits in place, the company is poised to deliver its first drill results from Ilgarari shortly. These results will be critical in validating the geophysical targets and potentially advancing the project toward resource definition and development.
Outlook for Investors
Lord Resources’ methodical exploration at Ilgarari, supported by robust geophysical data and strategic partnerships, positions it well within the competitive Western Australian copper sector. The upcoming drilling campaign will be a key catalyst, with the potential to confirm high-grade sulphide mineralisation and attract further investment interest.
Bottom Line?
As Lord Resources prepares to drill its high-priority targets at Ilgarari, the market awaits confirmation that this promising geophysical data translates into substantial copper resources.
Questions in the middle?
- Will the maiden drilling confirm the down-dip extensions of historic high-grade copper zones?
- How might further MLEM data modelling alter or add to the current list of drill targets?
- What are the potential timelines and funding strategies for advancing Ilgarari beyond exploration?
