Labyrinth Resources (ASX:LRL) has completed preliminary mapping and sampling at its Comet Vale Gold Project in Western Australia.
The company says the reconnaissance program has renewed interest in the historically overlooked multi-commodity prospectivity of the Comet Vale project.
Reconnaissance samples are at the laboratory undergoing analysis and results are expected in 2-3 weeks. Recently acquired radiometric data shows ‘numerous’ unexplained anomalies.
Labyrinth notes pegmatite samples collected were coincident with these anomalies, though the radiometrics could be indicating alteration, variation in intrusives (more specifically fractionation) and faults.
These findings initiated a gridded soil sampling program. The soils will be assayed for lithium (Li), caesium (Cs), tantalum (Ta) and other rare earth elements whereas historical programs have focused on gold and some indicator elements for base metals.
Labyrinth adds that the soil samples will help to explain the geophysical anomalies.
Write to Adam Orlando at Mining.com.au
Images: Labyrinth
