Labyrinth Resources Limited (AU:LRL) has released an update.
Labyrinth Resources Limited has uncovered high-grade gold and copper assays at its Comet Vale Project, with some samples yielding up to 63g/t gold and 3.2% copper, which underscores the site’s significant exploration potential. The recent capital raise by Labyrinth will fund further exploratory activities aimed at refining drilling targets in this promising Western Australian Goldfields region. The company’s analysis of soil samples and rock chips not only confirms several high-priority drilling targets but also suggests the presence of a large mineralized system with high-grade gold and potential copper.
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