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LCL Resources LimitedASX: LCL

Early Extinguishment of Quinchia Project Debt

Sep 13, 2020 at 11:30 PM EDT · Issued by LCL Resources Limited

Filed with ASX · Sep 13, 2020 at 11:30 PM EDT

On 6ix: 6ix.com/news/early-extinguishment-of-quinchia-project-debt

Lcl Resources Limited has released a press release.

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LCL Resources Limited on 6ix

Story so far

  • $3.5M raising to expand drilling at Quinchia gold porphyryJul 13, 2020
  • Quinchia Project Gold Resources Grow to 1.3MozFeb 25, 2020
  • Firm commitments for $2.1m raising for drilling at QuinchiaFeb 5, 2020

Earlier from LCL Resources

  • Special presentation results of Tesorito hole no. 8Sep 10, 2020
  • Thick intercept of gold from surface at Tesorito PorphyrySep 9, 2020
  • Drilling intercepts interpreted core of porphyry gold systemAug 23, 2020
  • Tesorito drilling commenced, own rig shipped, IP on its wayAug 12, 2020
  • Drill rig set up at Tesorito gold porphyry targetAug 2, 2020

Later from LCL Resources

  • $10M raising for multi-rig drilling and to extinguish debtSep 15, 2020
  • RMB settlement - debt extinguished, Chile assets soldSep 16, 2020
  • Los Cerros ramps-up to 2 rigs. 3rd rig arrived in-countrySep 30, 2020
  • Company secures 100% of Chuscal through deal with AngloGoldOct 4, 2020
  • Drill hole into Tesorito North suggests second porphyry bodyOct 8, 2020
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