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Greetings and welcome to HotCopper’s Watchlist today, I’m Isaac McIntyre. We’re joined here again by Leeuwin Metals’ (ASX:LM1) managing director, Chris Piggott, to dig into a major regulatory milestone the Oz explorer’s just landed at the Evanston deposit within its Marda Gold Project in Western Australia.
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Disclaimer: This article is disseminated in partnership with Leeuwin Metals Ltd. It is intended to inform investors and should not be taken as financial advice.
The grant of Mining Lease M77/1300 has ensured ensuring 100% of the project’s mineral resources are now positioned on granted mining leases.
“It’s a really big milestone… this [lease] that was granted recently covers the Evanston deposit, where we have 137,000 ounces, and importantly, that now sits on a granted mining lease, it’s next to a road, it’s really nice grade, and we’ve got significant shallow high-grade hits,” Mr Piggott told HotCopper.
“It’s relatively flat, it’s relatively straightforward geology, and when you look at where we sit, geographically, we’re a couple of hundred kilometres north of Southern Cross, I think this grant paves a path forward for our plans.”
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