Lanthanein Resources (ASX:LNR) Completes Diamond Drilling Stage One
Drilling Update
Lanthanein Resources Limited (ASX:LNR) has completed the initial phase of diamond drilling at its Lady Grey Project located at Mt Holland in WA’s Yilgarn. The drilling tested the modelled conductor plate under Moving Loop EM (MLEM) Survey Line #6, which aligns with a surface gold geochemical anomaly within a regional structural zone favourable for hosting gold.
Future Plans
The company has received approval from DEMIRS for the Programme of Work (PoW) to drill the MLEM Conductor Plate under Line #1. Preparations are underway to refurbish the access tracks, drill line, drill pads, and sumps. Assay results from the completed drilling are expected this quarter.
Executive Comments
Mr Brian Thomas, Technical Director of Lanthanein, stated, “We are really excited to finally finish the diamond tails testing the modelled EM conductor plate under Line #6 which coincides with a 75ppb UFF soil gold anomaly. There have been a number of challenges to the drilling with the festive season break and more recently a bushfire on neighbouring ground interrupting the drilling. We are also pleased that DEMIRS have granted the PoW to enable drill testing of the much higher ranking EM conductor plate under Line #1 which coincides with the 256 ppb Au UFF soil anomaly with the planning for the refurbing of the access tracks and old grid lines underway.”
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