Killaloe Gold Project’s Open Mineralisation Raises Stakes for Lachlan Star
Lachlan Star has received final assay results from its maiden drilling program at the Killaloe Gold Project, confirming extensive gold mineralisation and setting the stage for a new phase of deeper drilling.
- Final assays confirm broad, shallow gold mineralisation at Duke Prospect
- High-grade intercepts include 9m @ 2.11g/t Au and 6m @ 2.33g/t Au
- Killaloe Project lies in a highly prospective but under-explored greenstone belt
- Next phase to include deeper Reverse Circulation and Diamond drilling
- Mineralisation remains open along strike and at depth, highlighting exploration upside
Exploration Milestone at Killaloe
Lachlan Star Limited (ASX, LSA) has announced the receipt of the final tranche of assay results from its maiden Reverse Circulation (RC) and Aircore (AC) drilling program at the Killaloe Gold Project, located in Western Australia's Norseman region. These results reinforce the presence of an extensive, shallow gold system around the Duke Prospect, with multiple broad and high-grade gold intercepts that underscore the project's potential.
Encouraging Assay Highlights
Among the standout results are intercepts such as 9 metres at 2.11 grams per tonne (g/t) gold from 81 metres, including a high-grade 2 metres at 8.60 g/t, and 6 metres at 2.33 g/t from 48 metres depth. These findings complement earlier reported results and confirm a robust oxidised gold system with high-grade feeder zones extending over a strike length exceeding 425 metres. Notably, the mineralisation remains open in multiple directions; up-dip, down-dip, and along strike; suggesting significant exploration upside.
Strategic Location and Geological Setting
The Killaloe Project is situated within a highly prospective greenstone belt interpreted as the southern extension of the Kambalda Domain, a region known for hosting major gold operations such as Gold Fields’ St Ives and Westgold’s Higginsville. Despite this favourable setting, Killaloe has seen limited modern exploration, making Lachlan Star’s discoveries particularly significant in an under-explored area with multiple defined gold targets.
Next Steps, Deeper and Infill Drilling
Buoyed by these promising results, Lachlan Star is accelerating plans for a new phase of drilling. This will include deeper RC and Diamond drilling to better delineate the high-grade zones at the Duke and Duchess Prospects, alongside reconnaissance AC drilling to test additional targets across the broader project area. CEO Andrew Tyrrell highlighted the emerging structural trends and the potential for Killaloe to deliver significant new gold discoveries close to established producers.
Broader Implications
The maiden drilling program not only validates the company’s exploration model but also positions Killaloe as a compelling opportunity in the Eastern Goldfields. The combination of broad mineralised zones, high-grade shoots, and an under-explored geological setting could attract further interest as Lachlan Star advances its exploration strategy.
Bottom Line?
Lachlan Star’s Killaloe results mark a pivotal step, with deeper drilling poised to unlock the project’s full potential.
Questions in the middle?
- How will upcoming deeper drilling refine the understanding of mineralisation geometry?
- What are the implications of the open mineralisation for potential resource estimation timelines?
- Could nearby major producers influence Lachlan Star’s development strategy or partnerships?