Drilling Results Extend High-Grade Gold Domain at Arrakis
Summary
Drilling at Arrakis has extended the newly identified high-grade Domain C by around 80m down-plunge, with results from hole 26IWBRC0117D returning 24.2m at 1.4g/t gold from 237.8m, including a higher-grade section of 8.3m at 3.0g/t. This zone remains open at depth, and results from the final diamond hole in this program are expected in September.
At Flushing Meadows, home to our existing 268,000oz gold resource, further drilling has returned encouraging intercepts including 3.5m at 4.1g/t gold, reinforcing our understanding of how mineralisation sits within iron-rich sediment units alongside intrusive dykes.
We've paused drilling on site while we wait for outstanding assays, but plenty of news flow is on the way. September should bring final Arrakis results, first results from the nearby Anders target, more Flushing Meadows assays, air-core results from Flushing Meadows and Giedi Prime, and results from our New England Granite target area, including the high-grade Salusa prospect.
It's worth remembering these are exploration results, not a resource. They show geological potential, but there's no certainty they'll ultimately convert into additional ounces, and closer-spaced drilling is needed to confirm continuity of grade and geometry across Domain C.
We're pleased with how the picture at Arrakis is building, and future drilling will aim to test how far Domain C extends at depth.
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