Accelerate Resources Uncovers New Gold Zones at Kanowna East

Exploration Breakthrough at Kanowna East

Accelerate Resources Limited (ASX – AX8) has delivered a promising start to its maiden reverse circulation (RC) drilling campaign at the Kanowna East Gold Project, situated northeast of Kalgoorlie in Western Australia. The 10-hole program, spanning 1,662 metres, targeted two key prospects; Little Lake and Western Tiger; both concealed beneath cover rocks, and has successfully intersected gold mineralisation that supports the company’s exploration thesis.

Key Intercepts and Geological Insights

At the Little Lake prospect, drilling revealed a brecciated intrusive unit hosting gold mineralisation, with notable intercepts including 11 metres at 1.05 grams per tonne (g/t) gold from 72 metres depth, highlighted by a high-grade 1 metre interval at 4.1 g/t Au. The mineralisation is closely associated with pyrite and sericite alteration, indicative of structurally controlled gold deposits. Additionally, a paleo-gravel horizon contributed to the gold tenor, underscoring the complexity of the mineral system.

Meanwhile, the Western Tiger prospect unveiled a sulphide-rich, siliceous horizon extending over a 3-kilometre strike length. This zone, anomalous in arsenic, is interpreted as a redox front; a chemical trap conducive to gold deposition when intersected by later structural features. The presence of this sulphide horizon aligns with historical geochemical datasets and reinforces the prospectivity of the area.

Strategic Location and Next Steps

Kanowna East lies in close proximity to the +6 million ounce Kanowna Belle gold mine, one of the region’s largest producers, lending further credence to the potential scale of mineralisation. Accelerate Resources is advancing heritage surveys to secure access for expanded drilling, with plans to test structural controls and continuity of mineralised zones at both prospects. The company also intends to explore the paleochannel system and undertake regional aircore drilling to evaluate broader targets within the project area.

Chief Executive Officer Luke Meter expressed optimism about the results, emphasizing the strong targets generated and the company’s commitment to disciplined exploration. The early-stage findings validate the geological model and set the stage for accelerated exploration activity in the coming months.

Cautious Optimism Amid Early Exploration

While the results are encouraging, the true width and extent of mineralisation remain to be confirmed through further drilling. Assay results for some elements are pending, and the timing of heritage surveys will influence the pace of follow-up work. Nonetheless, the initial data provide a compelling foundation for Accelerate Resources to build upon as it seeks to delineate a significant gold system in a proven mining district.