en.Wedoany.com Reported - Recently, Albion Resources Limited (ASX: ALB), an Australia-listed mineral exploration company, announced the completion of a soil geochemical survey at its Gidgee Gold Project in Western Australia, leading to the identification of eight new gold exploration targets. These targets are distributed within a regional shear corridor structural zone spanning over 19 kilometers, significantly expanding the project's exploration scope. The soil sampling program collected approximately 976 ultra-fine fraction soil samples, covering about 90 square kilometers of greenstone belt within the project area. Assay results revealed peak gold values of 36.8 ppb at the Tokey Central target and 28.9 ppb at the Wilson Splay North target. Project Manager and CEO Peter Goh stated that the survey results have transformed the Gidgee Gold Project from a single target into a comprehensive project comprising multiple high-priority exploration targets, greatly enhancing its exploration potential.
Albion Resources Limited is an Australia-listed base metal and gold exploration company, founded in 2017 and headquartered at Level 11, 216 St Georges Terrace, Perth, Western Australia. The company focuses on exploring high-grade mineral projects in Western Australia. Its project portfolio includes the Mongers Lake Project, the Leinster Project, and the flagship Yandal West Project. The Gidgee Gold Project is located within the Gum Creek Greenstone Belt of the East Murchison Mineral Province in Western Australia, approximately 120 kilometers southeast of the town of Meekatharra. The project area is traversed by a major regional shear zone about 12 kilometers long, including the Tokey and Wilson shear zones, which help concentrate gold mineralization and reduce exploration risk. According to the company, the project area hosts a proven gold system, with neighboring regions having produced over 1.1 million ounces of gold. The company acquired a 100% interest in the project in April 2026 by exercising an option for A$90,000 in cash and A$150,000 in shares, following the signing of an option agreement in March 2026.
Through this soil geochemical survey, the company successfully expanded the project from a single high-priority target, German Well South, into a multi-target exploration project comprising nine targets (including the original German Well South target). The eight new targets include Tokey Central, Wilson Splay North, Wilson Splay South, German Shaft, Virgo North, Tokey North, Silver Tokey, and Virgo South, with areas ranging from 0.04 square kilometers to 0.48 square kilometers. The ultra-fine fraction (less than 2 microns) of soil samples effectively captures trace metals from deep mineralization zones, enabling detection even when ore bodies are concealed by thin cover. This is a key technology for discovering hidden gold deposits in greenstone belt environments. Among these, the German Well South target remains the highest priority, with historical drilling intercepting high-grade intersections including 21 meters at 5.4 g/t gold (including 1 meter at 37.1 g/t), 16 meters at 5.5 g/t gold (including 1 meter at 60.9 g/t), and 15 meters at 2.1 g/t gold, with mineralization remaining open along strike and down dip.
As a recognized high-potential type in international gold exploration, shear zone-hosted gold deposits refer to gold deposits controlled by large regional shear structures. In greenstone belts, shear zones serve as the primary conduits for gold-bearing hydrothermal fluids, making them the most prospective target type for exploration. New-generation exploration techniques, represented by indicator elements in soil geochemistry and ultra-fine fraction sampling methods, help discover hidden mineralization in shallow cover areas.
The Gum Creek Greenstone Belt is a well-known gold metallogenic belt in Western Australia. Nearby projects include the approximately 2.3 million ounce Gum Creek Gold Resource owned by Horizon Gold (ASX: HRN) and the approximately 500,000 ounce Montague Deposit owned by Brightstar Resources (ASX: BTR). Additionally, the Gidgee processing plant (operated by Horizon Gold) in the region is advancing its restart plan, providing potential infrastructure support for future ore processing. Albion Resources has planned to conduct field mapping and rock chip sampling in the coming weeks to gather more surface geological data. Following the completion of integrated interpretation of airborne electromagnetic, magnetic, and ground gravity data, the company plans to initiate the project's first air-core and reverse circulation drilling program in the third quarter of 2026 to test priority targets.
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