Quarterly Activities and Cashflow Report
| Stock | GA8.ASX (GA8.ASX) |
|---|---|
| Release Time | 30 Jul 2026, 6:55 p.m. |
| Price Sensitive | Yes |
GA8.ASX Quarterly Activities and Cashflow Report
- Grade control drilling at Mt Stirling completed with high-grade intercepts
- MMS funded RC program at Leonora South returned bonanza-grade gold
- GoldArc raised $7.2 million to fund drilling through mid-2027
- Binding Term Sheet executed with MMS for Orion and Sapphire
- Acquisition of Prospecting Licence P40/1319 extended high-grade corridors
GoldArc Resources Ltd (ASX:GA8) has reported a highly active quarter ending 30 June 2026, marked by significant exploration and development progress across its Leonora North and Leonora South gold projects. At Leonora North, BML Ventures completed the first phase of a 34,000m grade control program at Mt Stirling, with assays confirming grade continuity and high-grade shoots. The program culminated in a 106.00 g/t Au intercept, the highest recorded to date. Drilling shifted to the adjacent Mt Stirling Well deposit, returning near-surface high-grade intercepts. At Leonora South, MMS executed a Binding Term Sheet, funding an 85-hole RC program across five prospects, returning bonanza-grade gold at Sapphire of up to 363.70 g/t Au. GoldArc also acquired Prospecting Licence P40/1319, extending high-grade corridors, and raised $7.2 million to support ongoing exploration and development activities.