Leeuwin Metals Advances Gold Exploration with Marda Project Acquisition

Leeuwin Metals Ltd ( (AU:LM1) ) has issued an update.

Leeuwin Metals Ltd has completed the acquisition of the Marda Gold Project, marking a pivotal quarter as it transitions into a gold exploration company. The company has initiated its first drilling program at Marda Central, targeting extensions around the area, with assays pending. The project, which includes eight historical open pits and extensive infrastructure, is seen as a high-grade, under-explored gold system with significant potential. Leeuwin has also completed a $3.25 million capital raising, showing strong investor support, and confirmed thick, high-grade unmined intercepts from historical drilling, positioning the company for an active phase of growth.

More about Leeuwin Metals Ltd

Leeuwin Metals Ltd is a company focused on gold exploration in Western Australia. The company has recently transitioned into a gold explorer with a significant focus on the Marda Gold Project, which is located in a proven gold province and includes historical open pits and extensive granted tenure.

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