Lockington Drill Achievement

Stratigraphic holes hit gold mineralisation

Timpetra Resources Ltd (ASX Code: TPR) announced today encouraging results from its diamond drill program on the  Lockington Project.  Diamond drilling re-commenced in April, with 5 holes completed and results from 4 holes received.

  • Narrow zones of higher grade gold mineralisation intersected (including 2.1 metres @ 7.79 g/t Au) received in LODT003
  • Wide zone of gold mineralisation intersected (23.3 metres @ 0.50 g/t Au) in LODT004
  • Silver of up to 1 oz per tonne (31 g/t) in individual samples returned in LODT004

The drill program was designed to map the geology of the Lockington South Prospect without targeting gold mineralisation specifically.  Gold at Lockington, as at Fosterville, is structurally controlled and occurs with arsenopyrite associated with stockwork quartz veining in turbidite sequences.  The 23 metre intersection in LODT004 is the widest intersection of mineralisation seen in the Lockington Project and points to the presence of significant mining widths.

Exploration Management Services is the Project Manager for the Lockington Project.


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