Albion Resources signs heritage protection agreement for the zinc-lead Lennard Shelf project
Albion Resources (ASX: ALB) says it has formed a “strong” alliance with local indigenous representatives after signing key agreements that move its zinc-lead Lennard Shelf project forward.
The Albion Zinc-Lead Project is located approximately 30 km southeast of Fitzroy Crossing, in the Southern Kimberley District, Western Australia.
In what it calls a “successful” meeting at Fitzroy Crossing, the company announced that it had formed a strong alliance with the Gooniyandi Aboriginal Corporation (GAC) and the traditional owners of Gooniyandi.
The parties signed an agreement on Aboriginal title, heritage protection and mineral exploration.
The company describes the deal as “a key milestone that now allows Albion to advance its diamond drilling program, subject to cultural clearance of targeted exploration areas.”
Drilling targeting a historic high-grade hit
Albion’s drilling program will focus on the Pillara East sub-project and its several “promising” prospects.
This area includes the site of a historic drill hole which, 54 m from surface, intersected 4.6 m at 5% zinc and 30.5% lead.
In June, just two months after its ASX debut, Albion reported that galena (the main lead ore) and hydrozincite (a white mineral containing zinc) had been discovered 350m north of this historic borehole.
In addition, the site visit team identified exposed mineralization over 500 m in length on the Price Hill prospect.
Executive Chairman Colin Locke said the signing of the deal is a testament to the strong alliance that quickly formed between Albion and the Gooniyandi.
“Albion is now working closely with GAC to obtain cultural clearances and launch the first drilling campaign on our high grade Pillara East zinc-lead prospects as soon as possible,” he added.
“We’re really excited to have the drill but to turn.”
Lennard Shelf housed great historic mines
The drilling plans have been approved by the Government of Western Australia and this work will begin once heritage agreements have been finalized and studies completed.
Albion previously noted that previous explorers at Lennard Shelf reported rock chips up to 40% zinc.
This area has also hosted important historic mines, Pillara and Cadjebut.
Albion soil covers 393 km² and the company has so far defined orientation structures which are interpreted as controlling zinc-lead mineralization.