Loyal Metals (ASX:LLM) has revealed an upgrade to the scale and depth potential of the Highway Reward copper-gold system in Queensland following a high-density gravity survey.
Gravity imaging delineated a copper-gold volcanic-hosted massive sulphide system that extends below historical mining efforts 390m deep and aligns with a mineralised trend at the Highway Reward Project.
Cross-sections indicate a vertically continuous anomaly that represents a feeder-style sulphide system. The system remains open down-plunge and at depth.
Loyal says the gravity response to the project reveals a spatial correlation to the known open-pit and underground mineralisation, related to surrounding volcanic host rocks.
The company also identified copper-gold anomalies at Police Creek, Handcuff South, and the Blitz trend.
Managing Director Adam Ritchie says the return of recent gravity imaging has “fundamentally upgraded our understanding of Highway Reward”.
“The data indicates a large, vertically extensive copper-gold system that extends well below historic mining, with the core of the system remaining untested,” Ritchie says.
“Multiple additional gravity anomalies along strike reinforce our view that Highway Reward represents a broader camp‑scale VHMS system, with the potential for significant new copper-gold discoveries at depth and across the project area.”
Loyal Metals is an exploration company with a host of projects in North America and Australia.
Write to Maddison Elliott at Mining.com.au
Images: Loyal Metals
