Albion Hits 11m at 20g/t Gold in Maiden Yandal West Drilling Campaign

Exploration Breakthroughs at Yandal West

Albion Resources Limited (ASX, ALB) has reported a successful maiden Reverse Circulation (RC) drilling campaign at its Yandal West Gold Project in Western Australia, confirming multiple shallow, high-grade gold zones. The campaign, which covered key areas including Ives Find and Barwidgee, has reinforced the prospectivity of the region and laid a solid foundation for further exploration.

Notably, the Collavilla prospect within Ives Find delivered standout intercepts such as 11 meters at 20.0 grams per tonne gold from just 17 meters depth, highlighting the presence of near-surface mineralisation that could be economically significant. Barwidgee also yielded encouraging results, with a 22-meter intercept averaging 3.8 grams per tonne gold, including a higher-grade 5-meter section at 12.6 grams per tonne.

Expanding the Target Pipeline

Beyond drilling, Albion has integrated gravity, induced polarisation (IP), and pathfinder geochemistry surveys to refine its structural understanding of the Yandal West system. These efforts have identified 17 new regional targets, seven of which are considered high priority. Among these is a newly delineated 5-kilometre Bronzewing-style gold-bearing corridor at May Queen, a discovery that aligns with the geological setting of some of the region’s most prolific deposits.

Post-quarter, Albion defined a previously unrecognised multi-kilometre gold corridor at Ives North, an area that has never been drilled. Rock-chip sampling there returned exceptionally high gold grades, including a sample with 42.1 grams per tonne gold. This discovery opens a fresh front for exploration, with heritage clearances underway and first-pass drilling planned for early 2026.

Corporate Strength and Strategic Moves

On the corporate front, Albion completed the divestment of its Mongers Lake Project to Capricorn Metals for A$1.5 million upfront, retaining contingent milestone payments linked to future resource developments. The company also issued 10.25 million new shares following the conversion of performance rights, bolstering its capital structure.

Albion ended the quarter with a robust cash balance of A$3.8 million, positioning it well to fund the upcoming drilling campaigns and geophysical surveys scheduled for late 2025 and early 2026. CEO Peter Goh emphasised the company’s momentum, noting that the integration of multiple datasets is enhancing confidence in targeting larger-scale mineralisation.

Looking Ahead

With heritage clearances progressing and a new phase of drilling set to commence mid-November, Albion is entering a critical period of field activity aimed at advancing discovery and project growth. The company’s strategic focus on expanding its pipeline of prospects across Yandal West could unlock significant value if the high-grade zones translate into a viable resource.