Metal Bank (ASX:MBK) delivers promising results as Livingston North
October 18, 2022Metal Bank gold assays have returned 14.10g/t gold with a range of solid results, yielding encouraging signs of a significant additional resource at the northern end of its Livingstone gold project in Western Australia.
Results from an initial 13 reverse circulation (RC) drillholes at Livingstone North include 3.04 g/t Au for 4 metres from 42m (LN22RC007), 10.80g/t Au for 1m from 47m (LN22RC011), 5.72g/t Au for 3m from 11m (LN22RC012), 1.82g/t Au for 4m from 41m (LN22RC004), 66m for 1.72g/t Au from 66m (LN22RC002) and the highlight of 14.10g/t Au for 1m.
The Company expects gold mineralisation to be modified upon receipt of the results from the remaining holes and ongoing exploration and a Gold-in-Soil anomaly identified 2km due east of Livingstone North.
“Our exploration results at Livingstone continue to deliver,” Chair Inés Scotland said.
“These latest positive results from Livingstone North contribute to our understanding of the mineralisation mechanism.
“We are encouraged that the Livingstone North prospect will be incorporated into the Livingstone Project’s growing Resource base in the near future.”
Results from the remaining assays are expected in the coming weeks.
The Companys ASX-listed shares are .3c at Market Open.
About Metal Bank
Metal Bank holds a significant portfolio of advanced exploration projects, which includes Millennium (Cu-Co-Au), 8 Mile (Au), Wild Irishman (Au) and Eidsvold (Au) Projects in Queensland and Livingstone (Au) Project in Western Australia.
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