- LaSalle Exploration Corp. (LSX) recently completed a survey on the Egan Property, revealing multiple high-grade gold anomalies
- LaSalle has deemed further exploration will happen on the property due to the results showing 1.52 g/t gold and 1.90 g/t gold
- Integration of geochemical and geophysical anomalies with airborne magnetic surveys have indicated several targets
- The Egan Property is in Ontario’s Abitibi gold camp Kirkland Lake and Matachewan which have produced more than 115 million ounces of gold
- LaSalle Exploration Corp. (LSX) is down 5.88 per cent and is trading at $0.08 per share as of 3:01 p.m. EST
LaSalle Exploration Corp. (LSX) recently completed a survey on the Egan Property, revealing multiple high-grade gold anomalies.
LaSalle has deemed further exploration will happen on the property due to the results showing 1.52 g/t gold and 1.90 g/t gold.
The next phase of work will include detailed geochemical sampling over the prospective E1 grid and complete the previously planned sampling on the E2 and E3 grids.
LaSalle is compiling all the data collected to design a follow-up program to further assess the targets.
It will also help define drill targets as part of the next work program.
The Egan Property is in Ontario’s Abitibi gold camp Kirkland Lake and Matachewan which have produced more than 115 million ounces of gold.
LaSalle took on the Egan property in August 2020 based on the 2017 discovery of the E1 Zone when logging activities exposed a trending zone with a developed deposit of quartz veins.
Sampling at the E2 Zone sampling done in 2018 and 2019 returned high grade gold assay values.
Integration of geochemical and geophysical anomalies with airborne magnetic surveys have indicated several targets.
Planning of the 2022 program is currently in progress.
The results of the survey also included prospecting, mapping, and induced polarization geophysical surveys over parts of the property.
LaSalle Exploration Corp. (LSX) is down 5.88 per cent and is trading at $0.08 per share as of 3:01 p.m. EST