Syndicated Metals Limited (ASX: SMD) has intersected gold during its maiden exploration program at the Monument Gold Project located in the Laverton region of Western Australia (Figure 1).

Figure 1. Location of the Monument Gold Project in Western Australia

Highlights from assay results include:

• 6 metres at 7.28g/t gold from 79 metres
• 6 metres at 2.70g/t gold from 88 metres
• 10 metres at 1.42g/t gold from 49 metres

The maiden drilling program comprised 29 reverse circulation and 5 diamond drillholes. Diamond drilling was designed to identify potential parallel banded iron formation (BIF) units in the footwall. Assay results for 22 reverse circulation and 3 diamond drillholes currently remain outstanding.

The project covers a 16km strike length of the same BIF sequence that hosts the Morgan’s North gold deposit at Dacian Gold’s (ASX: DCN) Mount Morgan Project.

For further information, visit syndicatedmetals.com.au

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