Ordell Minerals Announces Positive Gold Mineralisation Results
Key points
- McNabs East drilling confirms shallow, robust gold mineralisation
- Highlights include 23m @ 1.60g/t Au and 32m @ 1.08g/t Au
- Maiden Mineral Resource Estimate scheduled for Q4 2026
Full summary
Ordell Minerals Limited (ASX: ORD) has reported significant assay results from its resource definition and exploration drilling at the Barimaia Gold Project in Western Australia. The drilling, aimed at delivering a maiden Mineral Resource Estimate (MRE) for the McNabs East Main Zone, has confirmed wide zones of shallow gold mineralisation. Notable intercepts include 23m @ 1.60g/t Au from 77m and 32m @ 1.08g/t Au from 91m. The Company is progressing a two-pronged strategy to fast-track a potential near-term mine development opportunity at McNabs East and to grow the overall scale of the Barimaia gold system through continued drilling. A maiden MRE is targeted for Q4 2026.
Outlook
Ordell Minerals is optimistic about the potential of the McNabs East prospect and the broader Barimaia project, with plans to continue exploration and development activities.
Summary generated by a large language model. Please interpret with care.