Funding and Permits Needed Before Reedy Lagoon Can Drill Burracoppin Targets

Exploration Breakthrough at Burracoppin

Reedy Lagoon Corporation Limited has made significant strides in its gold exploration efforts at the 100% owned Burracoppin Gold Project, situated in Western Australia's central Wheatbelt. By integrating detailed magnetic data with an extensive soil sampling program, the company has pinpointed multiple targets that show elevated gold and pathfinder element anomalies. These anomalies align closely with geological structures interpreted from geophysical and satellite data, suggesting promising sites for gold mineralisation.

Four Key Prospect Areas Highlighted

The identified targets span four main prospect areas, Lady Janet, Windmills, Shear Luck, and Zebra. Each area exhibits unique structural features such as shear zones, mafic units, and fault intersections that coincide with anomalous gold in FineFraction soil samples. For instance, the Lady Janet prospect features an 800-metre-long mafic unit with associated gold anomalies, while the Windmills prospect reveals complex geology with gold anomalies over 500-metre strike lengths. These structural complexities are considered favourable for gold deposition.

Comprehensive Soil Sampling and Data Analysis

Reedy Lagoon's soil sampling program is notable for its scale and precision, with over 3,000 FineFraction soil samples collected and analyzed for gold and 32 additional elements. The company established a 5 parts per billion (ppb) gold threshold to define anomalism, based on statistical analysis of early sampling data. This rigorous approach has enhanced confidence in target selection by correlating geochemical anomalies with geophysical interpretations.

Next Steps, Drilling and Approvals

While the exploration results are encouraging, the next critical phase involves reverse circulation drilling to test the identified structural targets beneath the surface. Before drilling can commence, Reedy Lagoon must secure funding, negotiate access and compensation agreements with landowners, complete heritage surveys, and obtain statutory government approvals. These preparatory steps are essential to ensure compliance and community engagement in this largely under-explored region.

Strategic Positioning in a Promising Gold Belt

The Burracoppin Gold Project benefits from its location along the Yandina Shear Zone, a regional structural feature known to host gold mineralisation. The project lies roughly midway between Perth and Kalgoorlie, near established gold mines such as Edna May and Tampia. Despite its proximity to these operations, Burracoppin has seen limited historical exploration, presenting a compelling opportunity for discovery and resource growth.