Drilling Confirms Shallow Oxide Gold System Over 600m+ Width2 Feb 2026 07:47
They continue to impress:
The key takeaway is that the latest drilling has confirmed continuity of shallow oxide gold across the previously undrilled central saddle area, effectively linking the eastern and western mineralised zones into a much larger, coherent mineralised system. This continuity is being achieved while maintaining strong shallow grades, including 8m @ 5.81 g/t Au, materially strengthening the open-pit mining case and de-risking the project ahead of mine planning and a future maiden resource estimate.
Important Highlights:
+ Gold mineralisation continues to expand the north-eastern zone and successfully infills the central saddle area
+ Recent significant results, in addition to previously announced high-grade intercepts, include:
- 4m @ 4.09 g/t Au from 54m (NZAC174)
- 1m @ 4.15 g/t Au from 46m (NZAC174)
- 1m @ 4.82 g/t Au from 43m (NZAC178)
- 8m @ 1.23 g/t Au from 44m (NZAC188)
Central “Saddle” Infill – Why It Matters
The drilling has confirmed continuity across the previously undrilled central saddle zone, effectively connecting the eastern and western mineralised areas. This reduces the risk of patchy mineralisation and significantly improves the likelihood of defining a coherent open-pit shell.
Project Characteristics Supporting Mining
✅ Shallow (mostly 40–60m)
✅ Oxide gold
✅ No water to 60m
✅ Porphyry-hosted with high background gold
✅ Suitable for low-cost open-pit starter mining
Bottom Line
+ Continuity has now been demonstrated across the central saddle
+ The shallow oxide gold system is modelling as ~600m wide
+ Strong shallow grades are being maintained, including 8m @ 5.81 g/t
+ Geological risk continues to reduce as the project advances toward mine planning and a future maiden MRE