Lancaster Resources Inc. reports new LiDAR and field data analysis revealing gold-bearing targets and vein systems at Lake Cargelligo Gold Project in Australia. The project has an extensive strike length of 75km, multiple vein systems, and historical data indicating soil and geochemical anomalies. The company aims for large-scale mineralization and tin enrichment in parallel with gold-silver exploration.

Exploration at Lake Cargelligo Project confirms auriferous veins-breccias at Josephine Moulder – Mount Wilga prospects. Historical data indicates significant rock chip grades up to 31.5g/T-Au and 114g/T-Ag, with widespread Au-Ag-Te-Bi-As-Mo-Sb anomalism in auger drilling. LiDAR data interpretation reveals potential workings and vein swarms, supporting further exploration.

New target areas identified at Lake Cargelligo Project include potential vein swarms, historical workings, and anomalous soil trends along the Central and Eastern Contacts. Lancaster Resources aims to explore for Au-Ag mineralization and Sn-W enrichment simultaneously. The company’s systematic exploration programs aim to unlock the district-scale potential of the project for gold and precious metals.

Andrew Watson, President and CEO of Lancaster Resources, expresses enthusiasm over the LiDAR results. The company’s exploration focus is on high-grade gold and silver mineralization at Lake Cargelligo, supported by validation of LiDAR-identified features. Field exploration is ongoing to confirm historical data and explore identified features further.

Read more at GlobeNewswire: Lancaster Resources LiDAR Results and Field Trip Data from