Base and precious metals exploration company Lykos Metals (ASX: LYK) has provided its quarterly activities report for the period ended 30 September 2022. Activities during the quarter were focused on the Sinjakovo and Cajnice projects in Bosnia-Herzegovina.
Sinjakovo Project
At Sinjakovo, trenching at the Zekil-Erak Prospect has delivered a pipeline of exciting targets for follow up activities, and the maiden 19-hole diamond drilling program at the RDK Prospect, commenced in May, is progressing well.
At the Zekil locality, trenching identified a volcanic “diatreme” gold-bearing breccia complex.
At the Erak locality, trenching uncovered two new shear zones – Erak 1 and Erak 2 – that both host polymetallic gold-silver-copper-antimony mineralisation.
At the RDK Prospect results have been received for two holes, both returned promising cobalt mineralisation of up to 0.065% cobalt over a 1m interval. Cobalt was never assayed prior to Lykos acquiring the Sinjakovo Project and warrants further investigation.
Cajnice Project
Activities at the Cajnice Project centred around drilling at the Gramusovici and Berkovici prospects, and project-wide soil sampling.
Results for seven of nine completed diamond drill holes at Gramusovici have been returned, and three of the four planned diamond holes at Berkovici are now complete. The project-wide, 2,285-sample soil sampling program is now complete with assay results for all samples now received.
