Latest news with #YandalWest
The Australian
6 days ago
- Business
- The Australian
StockTake: Albion Resources
Stockhead's Tylah Tully examines Albion Resources (ASX:ALB) and the quick beginning of a second phase drill campaign into its Yandal West project after a first with still-outstanding assays returned high-grade quarry from an underexplored end of a top-tier jurisdiction. Watch the video to learn more. This video was developed in collaboration with Albion Resources, a Stockhead advertiser at the time of publishing. This video does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
The Australian
05-08-2025
- Business
- The Australian
Long Shortz with Caprice Resources: Vadrian's drilling shows widespread gold potential
Tylah Tully chats with Caprice Resources (ASX:CRS) CEO Luke Cox about the company's latest assay results from Phase 3 drilling at the Vadrian's prospect, located within the company's Island gold project in Western Australia. These latest results are some of the best to date for Caprice, with intercepts deeper than anything seen so far during Vadrian's drilling. They also remain open showing potential at depth. Watch the video to learn more. This video was developed in collaboration with Caprice Resources, a Stockhead client at the time of publishing. The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions. Sponsored Drilling by Albion Resources at Yandal West's Collavilla prospect has returned high-grade results such as 4m at 19.2g/t gold within 8m at 9.7g/t with further potential at depth. Sponsored Compumedics secures lucrative multiple Somfit sales as East Coast Research sees an almost 140pc upside to its current target price.
The Australian
05-08-2025
- Business
- The Australian
ALB hits golden jackpot at Yandal West
Albion's next batch of seven holes hits jackpot with intersections of up to 4m at 19.2g/t gold Shallow high-grade intersections remain open at depth, indicating potential for deeper treasure More assays pending with company to resume drilling remaining holes in maiden program Special Report: Albion Resources has reason to cheer after the next batch of assays from drilling at the Collavilla prospect within its Yandal West project in WA returned more near-surface, high-grade gold results. All seven holes, which returned best assays of 4m grading 19.2g/t gold from 55m, 5m at 9.6g/t from 36m and 3m at 11g/t from 48m, were drilled in a 100m by 100m area within the Ives Find prospective granite intrusive that covers an area of more than 4km by 750m. The highlighted intersections occur within broader halos of gold mineralisation and are also open at depth, indicating potential for Albion Resources (ASX:ALB) to extend mineralisation vertically with deeper drilling. Adding further interest, mineralisation in these three holes all displays a spatial relationship with mafic rocks within the Ives intrusive granite. This supports the company's exploration model, which seeks to find more mafic rafts across the area covered by the Ives Find granite due to their potential association with high-grade mineralisation. These results follow assays from the first batch of 12 holes that also intersected shallow, high-grade gold of up to 11m at 20g/t from 17m. 'These are fantastic results from our second week of drilling at Collavilla,' chief executive officer Peter Goh said. 'Once again, we've intersected shallow high-grade gold, this time from an additional ~500 metres of drilling. Importantly, the mineralisation remains open, which is an exciting development that reinforces the potential of the system. 'This second batch of results not only confirms the presence of high-grade gold at Ives Find, but also strengthens our evolving geological model we're developing, particularly the observed association with mafic rafts within the granite.' Interpreted cross section showing recent highlight assay results at Collavilla. Pic: Albion Resources Yandal West project ALB recently started its maiden drilling campaign at the Yandal West project within the highly prospective Yandal Greenstone Belt in WA's northeastern Goldfields. To date, 28 holes totalling 1871m have been completed out of a planned 3000m with assays received from 19 holes. Drilling at Collavilla is focused on finding near-surface and targeted down-dip extensions of known mineralisation to assess potential for depth extension to the orebody. Needless to say, the results so far indicate that this objective has been met with other holes also providing support for there being more mineralisation at depth. More from ALB: Albion squares focus on Yandal West greenstone gold Next steps The company has now completed a detailed ground gravity survey to find subtle denser zones that may represent mafic rafts or dolerite dykes. his follows the theory that high-grade gold veins are closely associated with structures cross-cutting thicker mafic greenstone units within the Ives Find granite. Interpretation of this survey is underway. ALB is also awaiting assays from the remaining holes in its maiden drilling program and will restart reverse circulation drilling for the remaining ~1100m following a drill crew break. Assays are also pending for ~780m of drilling across regional targets while an evaluation of the May Queen prospect for inclusion in upcoming drill targeting is underway. This article was developed in collaboration with Albion Resources, a Stockhead advertiser at the time of publishing. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
The Australian
07-05-2025
- Business
- The Australian
Albion's standout WA gold targets
Albion Resources spots two walk up drill targets on the hunt for large-scale gold prospects at Yandal West. The drill targets (Collavilla West and East) are near historical gold hits, at surface, of up to 23.3g/t Au with potential to host an intrusive-hosted discovery. The project is in a multi-million-ounce gold region near Northern Star's legendary Jundee mine, with drilling planned for June. Special Report: Albion Resources has been given a major boost ahead of drilling in June in its hopes to unearth a major greenfields discovery in WA's rich Yandal gold province. A dipole dipole induced polarisation survey, which uses electrical signals to map potential disseminated sulphides and geological structures to penetrate targets beneath cover, has identified two high-priority targets at the Yandal West project never touched by the drill bit at shallow depths. Chargeability anomalies at Collavilla East and West begin near surface and extend to at least 300m depth, suggesting Albion Resources (ASX:ALB) has the potential to find something of significant scale close to surface in the historically significant WA gold district. Collavilla East anomaly sits below a 70m gold-bearing quartz reef mapped by Northpac Exploration in 1983, with 6 g/t Au as well as other high-grade rocks up to 23.3 g/t nearby. Even more exciting is the deep resistivity feature that suggests an intrusive source beneath both prospects is possible. Other granite or porphyry intrusive hosted deposits known to occur in Western Australia includes, the ~11Moz Hemi and ~6Moz Gruyere. There is more to come before drilling takes place. Soil assays are on their way, with onsite ground truthing and rock chip sampling fieldwork to be completed by mid-May and heritage surveys and approvals anticipated for Yandal West in late-May. Drill targets will then be prioritised ahead of the maiden campaign expected in June. 'We're very excited by the latest DDIP results, which have delivered high-priority, walk-up drill targets at Collavilla East and West,' Albion CEO Peter Goh said. 'The combination of strong geophysical anomalies, historical high-grade rock chips, and the presence of a mapped gold-bearing reef gives us real confidence in the potential of the system. The team is energised, as we move toward our maiden drill campaign at Yandal West.' Albion is zeroing in on its first drill targets at Yandal West. Pic: ALB ASX Announcement 6th May 2025. Multi-million ounce gold field Albion Resources secured the ground in a deal with Great Western Exploration (ASX:GTE) that closed in January, nabbing 80% of two exploration licences E53/1612 and E53/1816 and 100% of E53/1369. All tenements are located on the Barwidgee pastoral lease near Wiluna in central WA. Located in the Yandal Greenstone Belt, ALB holds 61km2 of ground 55km north of Northern Star's Bronzewing gold mine and 60km south of its Jundee gold mine, a multi-million ounce province producing around ~274,000 oz in 2024. But the region is remote and remains incredibly underexplored. That was underlined by the success of Albion's neighbour Yandal Resources (ASX:YRL) , which drew serious investor interest last year with the Siona gold discovery 20km southeast of Yandal West – 107m at 1g/t Au from 96m to end of hole. On top of Collavilla East and West, Albion has already identified at least six other priority targets at Ives Find prospect from the gradient array IP survey which occur associated with a 4km by 750m granite where previous drilling has intersected up to 3m at 15 g/t Au (See ALB ASX Announcement 10th April 2025). In addition, the Barwdigee Fault prospect, is already a walk-up drill target to follow up historical drilling that returned 4m at 9g/t. The impending drill program could not be better timed, with gold prices sitting at better than US$3300/oz and more than $5000/oz in Aussie dollar terms. This article was developed in collaboration with Albion Resources, a Stockhead advertiser at the time of publishing, all figures and references are documented in the ALB ASX Announcement 6th May 2025. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
