High Grade RC Results Confirm Grade Continuity

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Stock GA8.ASX (GA8.ASX)
Release Time 5 May 2026, 9:27 a.m.
Price Sensitive Yes
 High Grade RC Results Confirm Grade Continuity
Key Points
  • Second batch of grade control RC assays confirm high-grade shoots carry the grade and continuity required to support potentially robust mine plan at Mt Stirling
  • 34,000m grade control program fully funded by BML Ventures, enabling GoldArc's exploration capital to remain focused on new discovery
  • Grade control data to feed directly into the mine plan, advancing Mt Stirling toward open-pit development
Full Summary

GoldArc Resources Limited (ASX:GA8) is pleased to report ongoing assay results from the second batch of Reverse Circulation (RC) grade control drilling at the Mt Stirling gold deposit, Western Australia. The results continue to confirm high-grade gold shoots continue to carry grade and width, key geological criteria underpinning mine plan optimisation ahead of potential open-pit development. The 34,000m grade control program is fully funded by BML Ventures Pty Ltd (BMLV) under a 50/50 net profit share arrangement, with GoldArc retaining 100% ownership of Mt Stirling (M37/1306). Significant intercepts from this campaign include 3m @ 6.00 g/t Au from 29m including 1m @ 16.7g/t Au, 3m @ 5.13 g/t Au from 10m including 1m @ 10.3g/t Au, and 3m @ 6.89 g/t Au from 9m. The grade control program employs a closely spaced drill grid to systematically cover the Mt Stirling deposit ahead of potential open pit mining, enabling BMLV to optimise extraction, minimise dilution, and maximise gold recovered from each blast zone. The Company is advancing the Mt Stirling project towards production and cashflow, with further result batches expected progressively as the program advances toward completion.