Key points
- Resource doubles to 1.8Moz at 1.2g/t gold
- 1.3Moz in higher-confidence JORC categories
- 1.6Moz within 200m of surface
- Drilling and assays pending from 25 holes
- Further growth expected from ongoing exploration
Full summary
Sinclair Gold Ltd has announced a significant increase in the Mineral Resource Estimate (MRE) for its Mt Henry Gold Project in Western Australia. The updated MRE stands at 48Mt @ 1.2g/t Au for 1.8Moz Au, doubling the resource from the 0.9Moz MRE acquired in February 2026. The increase is attributed to growth at the Mt Henry and Selene deposits. The updated resource comprises 1.3Moz in the JORC (2012) Measured and Indicated categories. Notably, 1.6Moz (approximately 90%) of the combined Mt Henry and Selene resource ounces are within 200m of surface, highlighting the shallow nature of the resource and its open-pit potential. Assays are pending from 25 holes drilled outside the current resource, with results expected imminently. Drilling will continue through CY26, targeting further resource growth ahead of another resource update before the end of FY27. The broader 16km mineralised corridor remains largely untested, providing further opportunities for shallow resource growth and new discoveries.
Outlook
Sinclair Gold Ltd anticipates further growth in the Mt Henry Gold Project's resource through ongoing exploration and drilling. The company is well-funded to continue its drilling program and pursue growth opportunities within the 16km mineralised corridor.