Liontown West drilling delivers strong gold, copper hits for Sunshine Metals

Sunshine Metals drilling hits up to 6m at 8.54g/t gold, 0.8% copper at Liontown West
Drilling underway at the Gap Zone with two of seven holes completed to date
Discovery RC drilling programs planned for the Highway East and Truncheon areas

Special Report: Shallow reverse circulation drilling at the Liontown West resource has returned excellent assay results that validate the gold, copper, zinc and lead potential of Sunshine Metals’ Liontown project in Queensland.

The six holes drilled at Liontown West returned a top assay of 11m grading 4.9g/t gold, 0.52% copper, 1.73% zinc and 0.91% lead from 73m including 6m at 8.54g/t gold, 0.8% copper, 2.7% zinc and 1.32% lead at the top of the intersection.

Sunshine Metals’ (ASX:SHN) drilling at Liontown West was aimed at upgrading resources in a gold-copper zone where historical broad-spaced drilling had returned hits such as 5m at 27.9g/t gold and 1.7% copper from 20m and 5.7m at 8g/t gold from 76.3m.

The company is also progressing resource extension drilling at the Gap Zone to test for extensions along strike of recent drilling that returned thick, high-grade hits of up to 16.2m at 4.54g/t gold and 1.11% copper from 319m with two of the planned seven holes drilled to date.

Long section at Liontown West. Pic: Sunshine Metals

Resource upgrade in Q4 2024

SHN managing director Dr Damien Keys says the RC results from Liontown West further validate the gold, copper, zinc and lead potential at Liontown, which is part of the company’s broader Ravenswood Consolidated project.

“These results are over a strike extent of ~1km with potential extensions to be found along the 1.6km long footwall,” Keys said.

“The Gap Zone diamond program is well underway with two completed holes, logging up to date and samples at the lab. Diamond drilling is expected to continue through August 2024.

“Gold-copper focussed metallurgical test work is also progressing well on Liontown samples.

“The drilling and metallurgical work will culminate in a resource update/upgrade in the December 2024 quarter.”

Further activity

Once diamond drilling at the Gap Zone is completed, SHN plans to start discovery RC drill programs at the Highway East and Truncheon areas.

This drilling targets gold and copper mineralisation similar to that mined at Highway Reward, which historically produced 4Mt at 5.4% Cu and 1.1g/t Au.

This article was developed in collaboration with Sunshine Metals, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.