The Gidgee Gold Project is Albion Resources’ gold asset, covering a large area within Western Australia’s rapidly emerging Gum Creek Greenstone Belt.
The Gidgee Gold Project is strategically positioned within an established gold district. As shown below, the Project is surrounded by major gold resources and mining operations, including Horizon Gold’s 2.3Moz Gold Project and Bright Star Resources’ 507koz Montague Gold Project to the south-east, highlighting the significant endowment of the Gum Creek Greenstone Belt.
Following completion of the acquisition, Albion rapidly completed project-wide geochemical sampling, identifying nine priority gold targets, including several new targets with limited historical drilling and no previous systematic geochemical coverage.
With drilling scheduled to commence shortly, Gidgee represents the Company’s most significant near-term value catalyst.
The Gidgee Gold Project is strategically located within 100 km of several major gold operations in the Gum Creek and Murchison regions, and approximately one hour’s drive from Meekatharra and Wiluna.
Located within the highly endowed Gum Creek Greenstone Belt.
Multiple gold-bearing structures with district-scale exploration potential.
High-grade historical drilling includes 21m @ 5.4g/t Au, 16m @ 5.52g/t Au and 15m @ 2.1g/t Au.
Albion’s maiden geochemical program significantly expanded the Project’s exploration pipeline.
Initial AC and RC drilling will test high-priority regional and high-grade targets.
The Gidgee Gold Project occupies a strategic position within the Gum Creek Greenstone Belt, one of Western Australia’s emerging gold districts.
The Gidgee Gold Project is surrounded by Horizon Gold’s extensive tenement holding and historical mining centres, placing Albion within a proven gold camp that hosts multi-million-ounce gold resources and a long history of gold production.
Albion believes this combination of proven mineralisation, extensive structural architecture and limited modern exploration presents an outstanding opportunity for a significant new discovery.
Modern exploration has transformed Albion’s understanding of the Project.
Following acquisition, the Company completed its maiden ultra-fine soil sampling program, generating multiple coherent gold anomalies across approximately 19 kilometres of interpreted shear corridors.
Rather than relying on a single prospect, Albion has developed a pipeline of priority drill targets across the Project, providing multiple opportunities for discovery.
Since acquiring Gidgee Albion has:
This shows rapid execution rather than simply talking about potential.
Albion’s maiden drilling campaign will include:
The Company’s objective is to systematically evaluate the Project while building a pipeline of discoveries capable of delivering significant shareholder value.
Unless otherwise stated, references to exploration results and mineral resources have previously been announced by Albion Resources or the relevant ASX-listed company. Investors should refer to the relevant ASX announcements for JORC Code (2012) information and Competent Person statements.
