Killaloe’s Open-Ended Gold Zones Signal Exploration Risks and Rewards

Exploration Success at Killaloe

Lachlan Star Limited (ASX – LSA) has delivered a fresh wave of optimism for its Killaloe Gold Project in the Norseman region of Western Australia, announcing significant high-grade gold intersections from recent reverse circulation (RC) and aircore (AC) drilling programs. The results, highlighted by intercepts such as 9 metres at 2.11 grams per tonne gold including 2 metres at 8.60 grams per tonne, underscore the potential of the Duke Main Gold Zone to host economically meaningful mineralisation.

The drilling campaign, designed to infill and extend known mineralised zones, has revealed broad, shallow gold mineralisation with internal higher-grade shoots that remain open both at depth and along strike to the north. This suggests that the current footprint of mineralisation could expand with further exploration.

Encouraging Regional Prospects

Beyond Duke, reconnaissance AC drilling at the Duchess Prospect has returned promising results, including a notable 6 metres at 2.33 grams per tonne gold to the end of the hole. The presence of mineralisation extending to the end of holes at both prospects hints at deeper, untested zones that could further enhance the project's resource potential.

The geological setting of Killaloe, situated within a greenstone belt interpreted as an extension of the prolific Kambalda Domain, adds to the project's allure. This region hosts several major gold operations, making Killaloe’s under-explored status an attractive opportunity for discovery.

Strategic Expansion and Next Steps

In a strategic move to bolster its position, Lachlan Star has lodged two new Exploration Licence Applications, expanding the Killaloe project area to approximately 137 square kilometres. These new tenements cover highly prospective ground adjacent to known gold-endowed structures, potentially unlocking additional targets along key structural corridors.

Looking ahead, the company plans a follow-up program involving deeper RC and diamond drilling to test the depth extensions of the Duke and Duchess Prospects. Additional reconnaissance AC drilling is also slated to evaluate new priority targets across the expanded project area. These efforts aim to refine geological models and better define the controls on gold mineralisation.

CEO Andrew Tyrrell expressed confidence in the project's potential, emphasizing the encouraging nature of the latest results and the value of the expanded footprint in supporting ongoing exploration efforts.