Unlocking World-Class Copper & Gold opportunities
LCL Resources (ASX: LCL) is a Perth-based exploration company focused on a large portfolio of PNG tenements prospective for copper, gold and nickel — as well as a Joint Venture with Rio Tinto on the Ono Project which includes an 831,000 oz JORC-compliant gold resource at Kusi.
ABOUT US
A Discovery-Focused Explorer in World-Class Terrane
LCL Resources is an ASX-listed (ASX:LCL) mineral exploration company holding a portfolio of projects in Papua New Guinea. The Company’s flagship Ono Project hosts the 831,000 oz Kusi Gold Skarn resource, while a binding earn-in and Joint Venture Agreement with Rio Tinto Exploration funds copper porphyry exploration at Ono.
LCL’s PNG portfolio also includes advanced copper-gold porphyry targets at Imou and high-grade nickel sulphide and laterite targets in the Sinua Project area. LCL is led by an experienced technical and management team with global experience and history at Barrick, BHP, First Quantum and Fortescue.
Ono Project (Kusi)
The Ono Project hosts the Kusi Gold Skarn — a JORC Inferred Resource of 18.3 Mt at 1.4 g/t Au for 831,000 ounces. Located in the same geological terrane as the Wafi-Golpu and Hidden Valley mines, Kusi has substantial exploration upside and is the subject of a Joint Venture Agreement with Rio Tinto Exploration.
Sinua Project
The Sinua Project covers a 60 km corridor of highly mineralised terrain in Papua New Guinea, hosting four advanced prospects: the Dada copper-gold porphyry discovery, the Ubei high-grade epithermal vein system, the Veri Veri ultra-high-grade hydrothermal nickel sulphide target, and the Wedei nickel laterite system — one of the largest nickel anomalies in PNG.
Imou Porphyry Target
The Imou Project hosts a large near-surface copper-gold porphyry with a best drill intercept of 305 m @ 0.37% Cu and 0.37 g/t Au from surface. Adjacent targets including Bikaru (up to 63 g/t Au rock chip) and High Creek highlight the scale of the Imou Cu-Au camp.
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