Largest drilling campaign so far.17 Feb 2026 07:55
Highlights
· A total of 754 drill holes are planned:
o 683 Air Core ('AC') drillholes for approximately 34,150 metres, and
o 71 Reverse Circulation ('RC') drillholes for approximately 7,100 metres,
o totalling 41,250 metres of drilling.
· The fully funded campaign will utilise 3 AC drill rigs and 2 RC rigs and drilling is expected to be completed by mid-April.
· The key outcome of the drilling will be an updated MRE at Thomas, with increased resource classification into the Measured and Indicated categories, and a significantly larger updated MRE at Cosgrove.
· Updated MRE anticipated in Q3 2026 to support ongoing engineering and study work.