Reedy Lagoon Extends Gold Zone at Windmills with New Soil Assays

Elevated Gold Assays Confirm Potential at Windmills

Reedy Lagoon Corporation Limited (ASX: RLC) has released promising gold assay results from surface soil sampling conducted in December 2024 at its 100% owned Burracoppin Gold project in Western Australia's central Wheatbelt. The Windmills prospect, a key target within the project, has delivered elevated gold values up to 7.2 parts per billion (ppb), significantly above the 2 ppb background level, reinforcing the prospect's potential.

The new data infills the northern end of the WM1 structural target, a northeast-striking feature approximately 1,000 metres in length identified through geophysical surveys. These results extend the known auriferous zone at Windmills to at least 1,500 metres along strike, a substantial increase that enhances the project's exploration appeal.

Geophysical and Geological Context

The Windmills prospect is situated within a complex geological setting characterized by laterite duricrust over deeply weathered bedrock, with granitic basement rocks outcropping to the north. The WM1 structure aligns with an elongate magnetic ridge offset by cross-structures, interpreted as a favourable host for gold mineralisation. The soil geochemistry results, showing anomalous gold concentrations along the western margin of WM1, provide tangible evidence supporting the structural interpretation and the prospectivity of the buried target.

Importantly, the elevated copper and nickel anomalies detected in some soil samples have been attributed to buried infrastructure from the nearby Collgar Wind Farm, rather than primary mineralisation. This clarification helps refine the geochemical model and focus exploration efforts on genuine gold targets.

Ongoing Exploration and Forward Plan

The December sampling campaign comprised 44 soil samples, with a further 190 samples planned for completion within the current quarter. Soil sampling will recommence in February 2025, extending across the Burracoppin Gold project’s four identified prospects: Windmills, Lady Janet, Shear Luck, and Zebra. The program aims to infill and extend geochemical coverage to optimise drill target selection.

Preparations for heritage clearance surveys and landowner access negotiations are underway, essential steps before any drilling can commence. The company’s methodical approach, combining geophysical data with detailed soil geochemistry, positions it well to advance the Burracoppin project towards resource definition.

Strategic Location and Regional Significance

The Burracoppin Gold project lies roughly midway between Perth and Kalgoorlie, adjacent to established gold mining operations such as the Edna May and Tampia gold mines. Its location within the Yandina Shear Zone, a known structural corridor for gold mineralisation, adds geological credibility to Reedy Lagoon’s exploration strategy. The project tenure is secure, with exploration licences in good standing and established protocols for environmental and cultural heritage compliance.

While the current results are from surface soil samples and no drilling has yet been reported, the extension of the auriferous zone and the confirmation of structural targets mark a positive step forward. Investors and analysts will be watching closely as further sampling and eventual drilling progress.