Lord Resources Considers Drilling Extension at Ilgarari after High-Grade Copper Discoveries

Lord Resources (ASX: LRD) is looking at the possibility of extending its current drilling campaign at Ilgarari on the back of high-grade hits at the Western Australian copper project.

The company has observed visual copper mineralisation across multiple holes in the ongoing 11-hole drilling program, where it is still to complete four diamond tails.

The program, which Lord commenced in early August, is following up on the successful completion of previous work that identified multiple high-priority copper targets along the Ilgarari fault.

Visual Copper Mineralisation

The reverse circulation (RC) portion of the program covered 2,280m, with eight of the holes pre-collars for diamond drilling.

Highlight results in the program to date include a 20.2-metre interval that visually confirmed the presence of copper mineralisation, with any RC samples showing copper mineralisation or elevated pXRF readings now undergoing laboratory analysis, with results due in October and the company now assessing extension options.

The WA government’s Exploration Incentive Scheme will provide 50% co-funding of the two deep diamond holes containing the mineralisation Lord has identified.

The company has an earn-in to 80% of the mineral rights below 120m from surface at Ilgarari, along with 100% applications over two additional permits.

Much-Anticipated Program

Exploration manager Georgina Clark welcomed the successful start to the company’s much-anticipated drilling program.

“The presence of chalcocite and native copper strongly supports our geological model and highlights the potential for a high-grade zone at Ilgarari,” she added.

Notably, the hole with the 20.2m of visible copper mineralisation is a significant step‐out, being 60m down dip and 100m west along strike of historic copper intervals, supporting the company’s interpretation of a supergene‐enriched zone above sulphide mineralisation.

Ilgarari is just 120km north of Sandfire Resources’ (ASX: SFR) now-closed DeGrussa mine, which ultimately proved to be one of Australis’s highest-grade copper discoveries.