Moonlight Resources Launches Phase 2 Drilling at Leo Grande to Expand Clermont Gold Potential

The latest announcement is out from Moonlight Resources Ltd ( (AU:ML8) ).

Moonlight Resources has begun a second phase of reverse circulation drilling at the Leo Grande prospect within its Clermont Gold Project in Queensland, planning about 70 holes for 5,000 metres to follow up wide, shallow gold intersections from last year’s maiden campaign. The program aims to test shallow extensions, infill and step out along strike and down-dip, and increase drill density to support a future initial mineral resource, with the rig expected to move on to the Goldfinger and Petersens prospects as part of a fully funded 20,000-metre project-wide drilling effort.

Building on both historical and recent drilling that confirmed broad zones of near-surface mineralisation, the new work is designed to validate and expand the known gold system at Leo Grande and to identify additional parallel lodes within the mineralised corridor. The shallow nature of the mineralisation and systematic, district-wide exploration strategy position Clermont, and particularly Leo Grande, as a key near-term growth driver for Moonlight and a potentially significant addition to the project’s resource base.

More about Moonlight Resources Ltd

Moonlight Resources Ltd is an Australian gold exploration company focused on advancing its 100%-owned Clermont Gold Project in Queensland. The company targets shallow, potentially high-grade gold systems, leveraging historical drilling data and fully funded multi-stage drilling programs to define mineral resources and unlock near-term growth opportunities within a historically productive gold district.

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