Laneway good as gold

Townsville Bulletin - - NEWS -

OUT­STAND­ING re­sults from drilling at Laneway Re­sources’ pro­posed Agate Creek gold pro­ject are a sig­nif­i­cant mile­stone for the com­pany.

The com­pany’s drilling found nu­mer­ous and con­sis­tent high-grade in­ter­sec­tions of gold, with sev­eral ex­ceed­ing 100g per tonne. Ex­ec­u­tive chair­man Stephen Bizzell said the re­sults were par­tic­u­larly pleas­ing and high­lighted the po­ten­tial of the pro­ject.

“With the com­pany await- ing the ex­pected near-term grant­ing of the min­ing lease and with all other key com­po­nents in place to be­gin com­mer­cial ex­trac­tion, we an­tic­i­pate a strong year for Laneway,” he said.

“The com­pany an­tic­i­pates the Agate Creek high-grade min­ing ven­ture will es­tab­lish a ro­bust fi­nan­cial plat­form to progress its con­sid­er­able as­set port­fo­lio.”

The pro­ject is about 40km south of For­sayth.

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