LCL Resources has completed its first field campaign on its Puma prospect, part of the Ubei project in Western Province.
The program commenced in late July and followed on from re-processing of historical induced polarisation (IP) survey data. The former ASX-listed company GoldMinex explored the area between 2004 and 2013.
LCL’s field work was carried out over 21 days and included the excavation of seven trenches of varying lengths. It also colllecteda number of grab samples and conducted small pit excavations.
Among the assay results from those rock chip samples was one which assayed 7.95 grams per tonne (g/t) gold, 0.51 per cent copper, and 31 g/t silver.
Other samples included a grading of 3 g/t gold, 0.66 per cent copper, and 1.66 g/t silver, and another that featured 1.5 g/t gold, 0.28 per cent copper, and 0.46 g/t silver.
Structural mapping of the area has confirmed that surface mineralisation occurs up-ip from the IP chargeability anomaly.
The Ubei area comprises one half of the LCL’s EL-2432 tenement in Papua New Guinea (PNG). The other half covers Liamu, the site of a Dada porphyry discovery, located approximately 25km to the southeast.
LCL executive chairman Chris van Wijk said the work program was primarily aimed at confirming the structural orientation of the site,
“We are pleased to have completed our first field campaign at Ubei which was successful in delineating a mineralised structure at surface,” he said.
“We can infer that this structure does indeed project down dip to the strong chargeability feature observed through our validation of historical IP survey data acquired by Goldminex.”
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