- Lachlan Star (LSA) has kicked off drilling work at the Killaloe Project in the Eastern Goldfields region of Western Australia
- The company’s reverse circulation program consists of 1200 metres of drilling, with an extension to the Barrel prospect marked as the first step in its plan
- Lachlan Star says the program will initially target extensions of historical workings, before following up anomalous mineralisation hosted within the western ultramafic sequence
- Lachlan Star was up 3.13 per cent, trading at 3.3 cents as of 3:15 pm AEDT
Lachlan Star (LSA) has kicked off drilling work at the Killaloe Project in the Eastern Goldfields region of Western Australia.
The Killaloe Project comprises two exploration licences plus a separate mining licence, covering a total combined area of 94 square kilometres.
The company’s reverse circulation program consists of 1200 metres of drilling, with an extension to the Barrel prospect marked as the first step in its plan. Initial holes are already underway, with 120 metres drilled so far.
“Our exploration drilling has commenced within the E63/1018 tenement where we are exploring for gold and nickel mineralisation,” Director Bernard Aylward said.
“The program will initially target the extensions of historic workings that have had wide-spaced historic drilling which returned gold anomalism, and then will move to follow-up anomalous nickel and gold mineralisation hosted within the western ultramafic sequence.”
Mr Aylward explained recent field reconnaissance and ongoing data reviews also highlighted numerous prospective targets associated with historical workings, geochemical anomalies and historic exploration drilling.
Lachlan Star was up 3.13 per cent, trading at 3.3 cents as of 3:15 pm AEDT.