Litchfield Resumes Diamond Drilling at Oonagalabi Following IP Survey Results
Litchfield (ASX:LMS) has strengthened the discovery model at its Oonagalabi project in the Northern Territory through recent IP surveying, which confirmed a correlation between magnetic structures and chargeability anomalies. Four chargeability trends have been identified, including the Silverado Deeps trend, indicating potential for deeper mineralization. Diamond drilling is set to resume this week after delays due to weather, with two additional drill holes planned to further explore mineralization targets.
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Litchfield (ASX:LMS) is resuming diamond drilling at the Oonagalabi project in the Northern Territory after IP surveying confirmed a strong correlation between magnetic structures and chargeability anomalies. The survey led to the identification of four chargeability trends, including one extending 5km between VT1 and VT2 prospects and a newly discovered trend called Silverado Deeps, indicating deeper mineralization potential.
Two completed diamond drill holes targeted the Bomb Diggity intrusion and the Central Main Zone. Further drilling is planned to refine understanding of the gold-bismuth-magnetite mineral assemblage. The larger diamond rig on site limits access to some targets, leading to the deferral of several planned holes until smaller rigs are available.
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