Townsville Bulletin

Laneway good as gold

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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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