Exploration Program Summary

LUX Exploration proposes the following exploration program outline over a 5-year term;

Year 1

  • Outline prospective areas from Historic EPM reports.
  • Establish landholder connections and communications.
  • Reconnaissance exploration-stream sediment sampling and rock chip of outcrops.

Year 2

  • Follow-up sampling-detailed stream sediment sampling, rock chips and soil sampling of ridgelines.
  • Plan access to anomalous areas, drill planning and permitting.

Year 3

  • Initial drilling (Diamond drilling for structure and RC Drilling for grade) of anomalous outcrop areas.
  • First-pass geological modelling.
  • Drill planning for follow-up drilling.
  • Look into the use of geophysical techniques for finding blind deposits.
  • Sterilise non-prospective areas within the application area.

Year 4

  • First-pass resource definition drilling
  • Increase knowledge into geological model.

Year 5

  • Continued resource definition drilling
  • Expand geological model