Leeuwin Metals (ASX: LM1) are out to join those who believe that one man's trash can be another man's treasure in the WA gold exploration game.

Managing Director Chris Piggot is a Geologist with extensive background in gold and nickel exploration with a track record of discovery and corporate development.

​

Recent roles included Senior Geologist at Bellevue Gold Ltd (ASX.BGL) where he was involved in the discoveries of Tribune, Viago & Deacon, that have defined +3Moz.

He was also a part of the team that defined the Nova-Bollinger high grade Nickel deposit which is now owned and operated by IGO Ltd (ASX.IGO).

Produced by Resource Media

The Hole Truth: Mining Investment Podcast is a product of Read Corporate.

Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions. 

RESOURCES

LinkedIn: https://www.linkedin.com/showcase/the-hole-truth-podcast

YouTube: https://youtube.com/playlist?list=PLI4sZkSfEpPi_u7OrD7lQ-tZHbdy6EhCC&si=iOcGscff7kMSw8c7

Website: https://resourcesrisingstars.com.au/the-hole-truth-podcast/

Instagram: https://www.instagram.com/theholetruthpodcast/ 

Company Website: https://www.leeuwinmetals.com

INSIGHTS FROM THE EPISODE

1. Leeuwin Metals accelerates Marda Gold Project exploration
   
   Since acquiring the Marda Gold Project from Ramelius Resources just four months ago, Leeuwin Metals (ASX: LM1) has completed two drilling programs totalling 5,000m, extensive mapping, and new target generation across the Southern Cross Greenstone Belt in Western Australia.


2. Strong brownfields results confirm growth potential
   
   Drilling beneath existing pits at Marda has intersected significant gold zones, including 20m+ at 1–1.5g/t Au, 8m at ~3g/t Au, and 5m at 5g/t Au, demonstrating continuity at depth and substantial scope for resource growth.


3. High-grade opportunity at Evanston Prospect
   
   Leeuwin is preparing to drill the Evanston Prospect—a shallow, high-grade gold system last drilled over 20 years ago—where rock chip samples have returned assays up to 28g/t Au in quartz veins, with visible gold observed on site.


4. Dual growth strategy across 500km² of tenure
   
   With over 500km² of granted tenure, Leeuwin is pursuing a two-pronged approach: expanding known mineralisation around historical pits and advancing underexplored greenfields targets with potential for repeat high-grade discoveries.


5. Resource estimate expected by year-end
   
   An updated Mineral Resource Estimate for Marda—incorporating historic drilling and recent Leeuwin results—is on track for release by the end of 2025, a milestone that could significantly re-rate the company’s ~$15M market capitalisation.