Western Gold Resources (ASX:WGR) has unveiled plans for Loupe mobile time electromagnetic survey in March across priority geophysical targets at both its Loberget and Hogaberg graphite projects in Sweden.
The company says the survey will be undertaken in conjunction with the completion of a trenching program to determine the width and grade of graphite mineralisation.
On 12 February 2024, Western Gold announces geophysical interpretation has identified 8 graphite targets at both projects over a combined 30.8km strike length.
At Loberget, 3 subparallel northwest-striking conductors were uncovered with a 11.5km strike length. The Loberget conductors also align with previous rock chip sampling which identified 2 zones of graphitic schist outcrop which demonstrate grades up to 15.9% total graphitic carbon (TGC).
Meanwhile at Hogaberg, 5 subparallel northwest striking conductors were identified which make up the outstanding 19.3km strike length. Historic drillholes from Hogaberg intersected 5m @ 8.5% TGC.
Resampling of graphitic schist from historic diamond holes is now underway.
Managing Director Warren Thorne says: “Using the expertise of Geovista to compile historic data and interpret multiple airborne and ground geophysics programs, has allowed WGR to identify the highly conductive zones, synonymous with graphite mineralisation, at the Loberget and Hogabert projects.
WGR will conduct further field work, Loupe EM surveys, and trenching to develop targets for drilling.”
In the December 2023 quarter the company completed the acquisition of the Holmtjarn rare earth element, Loberget Graphite, and Rullbo Graphite projects from Euro Future Metals, of which Western Gold now holds 100%.
Western Gold Resources is a gold explorer with a 100% interest in the ‘highly prospective’ Gold Duke Project.
Write to Adam Drought at Mining.com.au
Images: Western Gold Resources