Labyrinth Resources Limited announced that it is ramping up exploration at its Comet Vale gold-copper-nickel project in Western Australia and Labyrinth Gold Project in Canada. Both exploration programs are aimed at creating value for shareholders by testing the known extents and growing the Resources at the respective projects. The Comet Vale drilling program is the first genuine surface exploration undertaken at the
project for 15 years. This is despite the project hosting extensive high-grade gold and copper mineralisation and strong evidence of nickel laterite. Labyrinth has recently completed a full review of the geology and known mineralisation and carried out an initial phase of on ground mapping. This process highlighted the significant potential but under-explored nature of the project. Work during the current exploration phase will include an updated JORC 2012 mineral resource estimate (`MRE') for the Sovereign trend gold system which includes the Sand Queen, Sand Prince and Princess Grace lodes, with the existing MRE reflecting work completed in 2011 under the NI43-101 instrument and adapted to JORC 2012 in 2018 without
any significant exploration works conducted. To support the MRE, a 1,500m reverse circulation drill program will be conducted to test for
extensions to the known lodes as well as gathering important geotechnical data.