Significant 13,700m program at US. gold-antimony-tungsten project to test extensions and support maiden resource
HIGHLIGHTS
- Fully-permitted Phase 2 drilling program comprising up to 45,000 ft (13,700m) across up to 45 diamond holes at Golden Gate.
- Program designed to define the scale of gold mineralisation at Golden Gate and Golden Gate South and support progression toward a maiden Mineral Resource Estimate (targeted for Q1, 2027, subject to successful outcomes).
- Follows the successful Phase 1 drilling campaign (2025), which totalled 10,100 ft (3,780 metres) across 14 holes.
- All Phase 1 drill holes intersected gold mineralisation from surface and remain open at depth Phase 1 delivered multiple broad gold intercepts, including:
- 253m @ 1.5 g/t gold (HH-GG25-003C);
- 5m @ 1.26 g/t gold (HH-GG25-001C);
- 2m @ 0.6 g/t gold (HH-GG25-002C); and
- 8m @ 0.64 g/t gold (HH-GG25-004C).
- Phase 2 will also target associated tungsten mineralisation, confirming multi-commodity potential at Golden Gate.
- Drilling is designed to define the scale and geometry of Golden Gate North and South, with up to 45 diamond holes targeting:
- Strike extensions (north, south and between zones), and
- Depth extensions of the system.
- Due to favourable winter weather this year, Phase 2 drilling expected to commence early in May 2026, and continue through mid-August 2026.
- Two MP1500 Core diamond drill rigs will be deployed; no Reverse Circulation drilling is planned.
- Strong commodity fundamentals including high gold prices and tightening antimony and tungsten supply, continue to support the project and are driving growing U.S. investor and strategic interest.
Following our impressive 2025 drill campaign, it is clear that Golden Gate hosts a large continuous gold mineralised system, with all holes intersecting mineralisation and remaining open at depth. The upcoming drill program is designed to define the size and shape of this system, and to advance Golden Gate toward a maiden JORC-compliant Mineral Resource Estimate. Importantly, mineralisation remains open in multiple directions, and we are only beginning to understand the full scale for the Golden Gate system.
