Structural Complexity at Hermitage Raises Stakes for AuMEGA’s 2025 Drilling

Survey Overview and Geological Insights

AuMEGA Metals Ltd (ASX: AAM) has announced the completion of a detailed airborne magnetic survey over its Hermitage Gold-Antimony Project in Newfoundland and Labrador, Canada. Spanning approximately 234 square kilometres and covering 4,756 line-kilometres, the survey employed high-resolution geophysical techniques to map the subsurface geological framework.

The results reveal a highly complex structural setting along the 27-kilometre strike length of the Hermitage Flexure, a major tectonic boundary. Multiple second- and third-order faults have been delineated, highlighting zones of deformation that are critical for mineralisation. This structural complexity is considered analogous to some of the world’s most prolific gold belts, including Bendigo and Fosterville in Australia and Windfall in Quebec.

Correlation with High-Grade Mineralisation

The magnetic survey findings align closely with previous surface sampling that yielded encouraging grades: gold up to 7.31 grams per tonne, silver reaching 193 grams per tonne, and antimony concentrations as high as 2,044 parts per million. These multi-element anomalies are hosted in quartz and quartz-carbonate veins within a mix of sedimentary and volcanic rocks, suggesting a robust mineralising system.

AuMEGA’s Managing Director and CEO, Sam Pazuki, emphasised the significance of these results, noting the project’s location along Newfoundland’s second largest known gold structure and its geological similarity to major global deposits. He highlighted the structural complexity near the project’s centre, where the highest-grade gold samples were collected, as a key focus area for upcoming exploration.

Next Steps: Targeting and Drilling

The company is currently undertaking comprehensive analysis and interpretation of the geophysical data combined with historical exploration results to refine drill targets. This integrated approach aims to identify zones with the highest potential for economic mineralisation beneath limited outcrop and glacial cover.

AuMEGA plans to commence an inaugural diamond drilling program in the second half of 2025, targeting up to 3,000 metres. The scale of drilling may be adjusted based on initial results and logistical considerations, including weather conditions. This program represents a critical step in advancing the Hermitage Project from early-stage exploration towards resource definition.

Broader Exploration Context

Hermitage is part of AuMEGA’s extensive land package along the Cape Ray Shear Zone, a significant under-explored gold corridor in Newfoundland. The company’s portfolio also includes the Cape Ray Gold Project and the Blue Cove Copper Project, positioning AuMEGA as a diversified explorer in a region with proven mineral endowment.

Supported by strategic investors including B2Gold Corp, AuMEGA is leveraging modern geophysical technologies and a disciplined exploration strategy to unlock value. The recent airborne survey results reinforce the prospectivity of the Hermitage Project and set the stage for a potentially transformative drilling campaign.