Loyal Metals Confirms Large-Scale Copper–Gold–Silver System at Highway Reward

Monger Gold Ltd. ( (AU:LLM) ) just unveiled an announcement.

Loyal Metals has reported assay results from a third drillhole at its Highway Reward project in Queensland, confirming a large, continuous copper–gold–silver VHMS system beneath the eastern wall of the historic open pit. The latest hole, collared about 70 metres from the pit wall, intersected 179 metres at 1.47% copper equivalent from around 100 metres depth, including several higher-grade zones that underscore the thickness and continuity of mineralisation.

The company says these results, combined with recent high-density gravity survey data, indicate a vertically extensive sulphide system extending well below historic workings and point to a materially different, bulk-style development opportunity than past narrow-lens mining. With $5.6 million in funding on hand, Loyal Metals plans to accelerate integrated geological interpretation and further drilling of high-priority copper–gold targets at Highway Reward, potentially reshaping the project’s scale and economic profile for stakeholders.

More about Monger Gold Ltd.

Loyal Metals Ltd, listed on the ASX as LLM, is a mineral exploration company focused on copper, gold and silver projects in Australia. Its flagship Highway Reward Copper–Gold Project in Queensland targets volcanic-hosted massive sulphide systems, aiming to define large-scale, bulk-style mineralisation beyond the historically mined narrow lenses.

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