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Targeting High Grade Gold Deposits In Stawell And Bendigo

Leviathan Gold Ltd Provides Update on Victorian Exploration Programs

Targeting High-Grade Gold Deposits in Stawell and Bendigo

Melbourne, Australia – December 13, 2023

WEB Leviathan Gold Ltd (ASX: LVX) is pleased to provide an update on its Victorian exploration programs in the Stawell and Bendigo goldfields. The Company is focused on exploring for high-grade gold deposits within these prolific goldfields, which have historically produced some of the world's highest-grade gold mines. Recent exploration activities have identified several promising targets for further investigation.

In the Stawell goldfield, WEB Leviathan has been exploring the Stawell Corridor, which hosts the historic Stawell Gold Mine, one of Australia's highest-grade gold mines. Recent drilling has intersected significant gold mineralization in several areas within the Stawell Corridor, including the Main Reef and Number 2 Reef targets. The Company is currently planning further drilling to test the continuity and extent of these gold zones.

In the Bendigo goldfield, WEB Leviathan is exploring the Bendigo Corridor, which hosts the historic Bendigo Gold Mine, another one of Australia's highest-grade gold mines. Recent exploration activities have identified several promising targets for further investigation, including the Bendigo North and Bendigo South targets. The Company is currently planning geophysical surveys and drilling to test these targets.

WEB Leviathan Managing Director, Mr. George Bauk, said: "We are very excited by the progress we have made in our Victorian exploration programs. The Stawell and Bendigo goldfields are world-class goldfields, and we believe that we have identified several promising targets for further investigation. We will continue to progress these targets with the aim of defining high-grade gold deposits that can be brought into production."


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