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Rincon kicks starts Laverton gold exploration strategy
Rincon Resources is set to start a major soil sampling programme to define gold targets for drilling at its Laverton project, in the Eastern Goldfields of Western Australia.
Rincon Resources is set to start a major soil sampling programme to define gold targets for drilling at its Laverton project, in the Eastern Goldfields of Western Australia.
Rincon has commissioned consultants Resource Potentials to review the company’s open-file surface geochemical data within the Laverton project area to identify where no, or less than, effective soil sampling data existed in areas of interest earmarked for potential drilling programmes.
The soil sampling data aims to outline new surface gold anomalies, or rock alteration signatures, indicative of gold mineralisation at depth, and assist in the delineation and prioritising of prospective gold targets for future drill testing.
Samples will be collected in the field by staff from exploration field services provider XM Logistics. The programme will take about two weeks to complete. Samples will be sent to an ALS Global Laboratory in
“With the price of gold reaching record highs, we are already seeing an increase in exploration activity in the area, including our neighbour Magnetic Resources, who are developing their circa 1.7-million-ounce Lady Julie gold project,” comments MD Gary Harvey.
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