Labyrinth Resources (ASX:LRL) – Visible Gold hit outside current Resource

April 12, 2022
Labyrinth Resources (ASX:LRL) – Visible Gold hit outside current Resource
Life Of Mine
Labyrinth Resources (ASX:LRL) – Visible Gold hit outside current Resource

Apr 12 2022 |

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Show Notes

Labyrinth Resources (ASX:LRL) have provided an operational update today for shareholders.

 

Key pieces of information:

 

– 2,000m of drilling completed to date

– Initial 8 holes have all intersected the Boucher structure

– Visible Gold intersected outside current non-JORC resources between Talus and Boucher lodes (highlighting potential to expand known mineralisation)

– Acquisition of 7 new Mining claims in adjacent Ontario

– Compilation of maiden JORC resource on track for delivery in 2022 (existing NI43-101 foreign estimate is 2.1Mt at 7.1g/t for 479,000oz)

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