Wide Bedrock Gold Intersected Beneath 8500N Palaeochannel

Open PDF
Stock Astral Resources NL (AAR.ASX)
Release Time 8 Sep 2025, 8:42 a.m.
Price Sensitive Yes
 Wide Bedrock Gold Intersected Beneath 8500N Palaeochannel
Key Points
  • Broad gold intercepts including 26m at 2.0g/t, 20m at 1.37g/t, 10m at 1.43g/t and 10m at 1.14g/t
  • Consistent core of gold mineralisation over a 300m strike length
  • Potential to expand the current Mineral Resource beyond 0.5Mt at 1.3g/t Au for 19koz
Full Summary

Astral Resources NL (ASX: AAR) has reported assay results from a 23-hole (3,420-metre) reverse circulation (RC) drill program, part of a broader 76-hole (11,744-metre) program, at the 100%-owned Spargoville Gold Project located approximately 70km south of Kalgoorlie, Western Australia. The drilling targeted multiple high-priority areas including the Karramindie and Trapdoor-Lindsays Reward prospects, as well as follow-up drilling at the Eagles Nest and 8500N deposits. Highlights from the 8500N Deposit include: 18 metres at 0.80g/t Au from 73m, 11 metres at 1.19g/t Au from 95m and 26 metres at 2.00g/t Au from 111m in hole SGRC006; 20 metres at 1.37g/t Au from 43m and 13 metres at 1.24g/t Au from 111m in hole SGRC004; 10 metres at 1.43g/t Au from 54m and 7 metres at 0.86g/t Au from 178m in hole SGRC007; and 10 metres at 1.42g/t Au from 77m in hole SGRC012. The drilling has confirmed a thick, high-grade core of mineralisation within the felsic volcaniclastics at 8500N, with mineralisation continuing northwards along strike of the ultramafic-felsic volcaniclastic contact. These results have the potential to significantly increase the Mineral Resources at the 8500N deposit. Further infill and extensional drilling is currently being planned.

Outlook

Astral is planning further infill and extensional drilling at the 8500N deposit to expand the existing Mineral Resource, which currently stands at 0.5Mt at 1.3g/t Au for 19koz of contained gold.