Albion lands two more walk-up drill targets in survey at major WA gold field

Albion Resources zeroes in on ‘walk-up’ drill targets ahead of maiden program to unlock secrets of an underexplored but high potential WA gold field.

Albion is on the trail of some potentially big gold targets at Yandal West. Pic: Getty Images

• Albion Resources spots two walk up drill targets on the hunt for large-scale gold prospects at Yandal West.

• The drill targets (Collavilla West and East) are near historical gold hits, at surface, of up to 23.3g/t Au with potential to host an intrusive-hosted discovery.

• The project is in a multi-million-ounce gold region near Northern Star’s legendary Jundee mine, with drilling planned for June.

Special Report: Albion Resources has been given a major boost ahead of drilling in June in its hopes to unearth a major greenfields discovery in WA’s rich Yandal gold province.

A dipole dipole induced polarisation survey, which uses electrical signals to map potential disseminated sulphides and geological structures to penetrate targets beneath cover, has identified two high-priority targets at the Yandal West project never touched by the drill bit at shallow depths.

Chargeability anomalies at Collavilla East and West begin near surface and extend to at least 300m depth, suggesting Albion Resources (ASX:ALB)  has the potential to find something of significant scale close to surface in the historically significant WA gold district.

Collavilla East anomaly sits below a 70m gold-bearing quartz reef mapped by Northpac Exploration in 1983, with 6 g/t Au as well as other high-grade rocks up to 23.3 g/t nearby.

Even more exciting is the deep resistivity feature that suggests an intrusive source beneath both prospects is possible. Other granite or porphyry intrusive hosted deposits known to occur in Western Australia includes, the ~11Moz Hemi and ~6Moz Gruyere.

There is more to come before drilling takes place. Soil assays are on their way, with onsite ground truthing and rock chip sampling fieldwork to be completed by mid-May and heritage surveys and approvals anticipated for Yandal West in late-May.

Drill targets will then be prioritised ahead of the maiden campaign expected in June.

“We’re very excited by the latest DDIP results, which have delivered high-priority, walk-up drill targets at Collavilla East and West,” Albion CEO Peter Goh said.

“The combination of strong geophysical anomalies, historical high-grade rock chips, and the presence of a mapped gold-bearing reef gives us real confidence in the potential of the system. The team is energised, as we move toward our maiden drill campaign at Yandal West.”

Albion is zeroing in on its first drill targets at Yandal West. Pic: ALB ASX Announcement 6th May 2025.

Multi-million ounce gold field

Albion Resources secured the ground in a deal with Great Western Exploration (ASX:GTE) that closed in January, nabbing 80% of two exploration licences E53/1612 and E53/1816 and 100% of E53/1369. All tenements are located on the Barwidgee pastoral lease near Wiluna in central WA.

Located in the Yandal Greenstone Belt, ALB holds 61km2 of ground 55km north of Northern Star’s Bronzewing gold mine and 60km south of its Jundee gold mine, a multi-million ounce province producing around ~274,000 oz in 2024.

But the region is remote and remains incredibly underexplored.

That was underlined by the success of Albion’s neighbour Yandal Resources (ASX:YRL) , which drew serious investor interest last year with the Siona gold discovery 20km southeast of Yandal West – 107m at 1g/t Au from 96m to end of hole.

On top of Collavilla East and West, Albion has already identified at least six other priority targets at Ives Find prospect from the gradient array IP survey which occur associated with a 4km by 750m granite where previous drilling has intersected up to 3m at 15 g/t Au (See ALB ASX Announcement 10^th April 2025).

In addition, the Barwdigee Fault prospect, is already a walk-up drill target to follow up historical drilling that returned 4m at 9g/t.

The impending drill program could not be better timed, with gold prices sitting at better than US$3300/oz and more than $5000/oz in Aussie dollar terms.

This article was developed in collaboration with Albion Resources, a Stockhead advertiser at the time of publishing, all figures and references are documented in the ALB ASX Announcement 6^th May 2025.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

Originally published as Albion lands two more walk-up drill targets in survey at major WA gold field