Sorry about that downtime

NAE – New Age Exploration Limited


Quarterly Activities Report – September 2025

HIGHLIGHTS
Wagyu Gold Project, Central Pilbara, WA

• Petrographic and XRD analysis confirms multiple quartz diorite intrusives at Wagyu with strong sericite–chlorite–dolomite alteration.
• These intrusives are the same host rocks that carry gold at Northern Star’s 11.2Moz Hemi deposit.
• Wagyu lies just 5km west of Antwerp, the westernmost Hemi deposit, within the same mineralised corridor.
• Geochemical analysis of all drill assays confirms strong gold–arsenic and gold–sericite associations.
• Follow up RC drill programme designed, all clearances in place.

Lammerlaw, New Zealand
• Maiden RC drilling at Lammerlaw confirms shear-hosted gold in fresh schist.
• Best result: 6m @ 0.65g/t Au from 92m, incl. 2m @ 1.05g/t Au, with elevated W (1,750 ppm) and As (680 ppm).
• Three further holes returned anomalous gold (0.1–0.4g/t Au) with supporting As, W ± Sb pathfinders.
• Textures, geochemistry and host rocks align with early-stage Macraes-style mineralisation.
• Results validate NAE’s targeting along the southern limb of the Otago antiform, with follow-up drilling planned to test strike, remaining targets and higher-grade shoots.

Corporate
• Mr Daniel Eddington appointed Independent Non-Executive Director.
• $3.75 million capital raised to advance exploration at Wagyu and Lammerlaw Projects.

Screenshot_20251226_162108_CommSec~2.jpg

.
15 Dec : Drilling Progresses at the Wagyu Gold Project, Pilbara WA
HIGHLIGHTS
• Drilling is progressing positively at the Wagyu Gold Project with 20 drill holes completed for a total of 1,896m.
• Program has so far tested high-priority Targets 1, 10 and 11. Drill rig has moved north and is currently at Target 6.
• Drilling to date has intersected similar lithologies and alteration styles to those from mineralisation drilled in the first RC program (March 2025), with several intersections at depth in intermediate ‘Hemi Style’ intrusives.
• Assay results are expected throughout Q1 2026.



Source link

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *