Leeuwin Metals Hits Shallow, High-Grade Gold at Marda Central

Konrad Forrest
High-Grade Gold at Marda Central

14 May 2025 | Subiaco, WA – Leeuwin Metals (ASX:LM1) has reported strong assay results from its maiden RC drilling campaign at the Marda Gold Project in Western Australia, confirming the presence of shallow, high-grade gold mineralisation at the Marda Central prospect.

The Phase 1 program, comprising 2,000m of RC drilling, targeted extensions beneath existing open pits. Intercepts have demonstrated excellent continuity and mineralisation at depth, supporting immediate follow-up work.

Key intercepts include:

  • 16m @ 2.00g/t Au from 134m and 8m @ 3.04g/t Au from 215m (MGRC0006)

  • 22m @ 1.25g/t Au from 123m, incl. 3m @ 6.3g/t Au (MGRC0004)

  • 21m @ 1.09g/t Au from 98m and 9m @ 2.46g/t Au from 190m (MGRC0005)

  • 2m @ 5.45g/t Au from 77m (MGRC0003)

Executive Chairman Christopher Piggott commented:

“This is an outstanding start at Marda. These broad, high-grade intercepts confirm the depth and strike potential of the system. We’re now accelerating Phase 2 drilling to follow up.”

Next steps:

  • Phase 2 RC drilling to commence late May

  • Planning underway for Evanston Prospect, ~50km north of Marda Central

  • Ongoing 3D modelling and regional prospect reviews

The Marda Project covers a 70km greenstone corridor and includes a granted mining lease with proximity to infrastructure, providing strong potential for near-term development.