Leeuwin Metals (ASX: LM1) are out to join those who believe that one man's trash can be another man's treasure in the WA gold exploration game.
Managing Director Chris Piggot is a Geologist with extensive background in gold and nickel exploration with a track record of discovery and corporate development.
Recent roles included Senior Geologist at Bellevue Gold Ltd (ASX.BGL) where he was involved in the discoveries of Tribune, Viago & Deacon, that have defined +3Moz.
He was also a part of the team that defined the Nova-Bollinger high grade Nickel deposit which is now owned and operated by IGO Ltd (ASX.IGO).
Produced by Resource Media
The Hole Truth: Mining Investment Podcast is a product of Read Corporate.
Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions.
RESOURCES
LinkedIn: https://www.linkedin.com/showcase/the-hole-truth-podcast
YouTube: https://youtube.com/playlist?list=PLI4sZkSfEpPi_u7OrD7lQ-tZHbdy6EhCC&si=iOcGscff7kMSw8c7
Website: https://resourcesrisingstars.com.au/the-hole-truth-podcast/
Instagram: https://www.instagram.com/theholetruthpodcast/
Company Website: https://www.leeuwinmetals.com
INSIGHTS FROM THE EPISODE
- Leeuwin Metals accelerates Marda Gold Project exploration Since acquiring the Marda Gold Project from Ramelius Resources just four months ago, Leeuwin Metals (ASX: LM1) has completed two drilling programs totalling 5,000m, extensive mapping, and new target generation across the Southern Cross Greenstone Belt in Western Australia.
- Strong brownfields results confirm growth potential Drilling beneath existing pits at Marda has intersected significant gold zones, including 20m+ at 1–1.5g/t Au, 8m at ~3g/t Au, and 5m at 5g/t Au, demonstrating continuity at depth and substantial scope for resource growth.
- High-grade opportunity at Evanston Prospect Leeuwin is preparing to drill the Evanston Prospect—a shallow, high-grade gold system last drilled over 20 years ago—where rock chip samples have returned assays up to 28g/t Au in quartz veins, with visible gold observed on site.
- Dual growth strategy across 500km² of tenure With over 500km² of granted tenure, Leeuwin is pursuing a two-pronged approach: expanding known mineralisation around historical pits and advancing underexplored greenfields targets with potential for repeat high-grade discoveries.
- Resource estimate expected by year-end An updated Mineral Resource Estimate for Marda—incorporating historic drilling and recent Leeuwin results—is on track for release by the end of 2025, a milestone that could significantly re-rate the company’s ~$15M market capitalisation.
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