Albion’s Collavilla Gold Potential Hinges on Depth Extensions and Gravity Targets

Strong Early Results at Collavilla

Albion Resources has unveiled a promising batch of assay results from its ongoing reverse circulation drilling at the Collavilla Prospect, part of the company's 100% owned Yandal West Gold Project in Western Australia. The latest seven drill holes, covering 516 metres, have returned shallow, high-grade gold intersections, including standout hits such as 4 metres at 19.2 grams per tonne (g/t) gold from 55 metres depth, and 5 metres at 9.6 g/t from 36 metres.

These results not only confirm the presence of significant gold mineralisation near surface but also highlight that the system remains open vertically, suggesting the potential for further high-grade zones at depth. This is a critical development for Albion as it seeks to delineate a robust resource in a highly prospective region.

Geological Model and Exploration Strategy

The mineralisation is spatially associated with mafic rock bands within the Ives Find granite intrusive, supporting Albion’s evolving exploration model. This model posits that high-grade gold veins are closely linked to mafic rafts or dykes within the granite, a relationship that guides ongoing targeting efforts.

To refine this model and identify additional targets, Albion has completed a detailed ground gravity survey over the Ives Find granite area, spanning approximately 4.5 by 1.3 kilometres. The survey aims to detect denser mafic bodies concealed beneath the surface that could host further gold mineralisation. Interpretation of these gravity data is underway, with new drill targets expected to be announced shortly.

Next Steps in Drilling and Regional Exploration

Albion has completed 1,900 metres of a planned 3,000-metre reverse circulation drilling program, with about 1,100 metres remaining. Drilling is set to resume imminently following a short crew break, focusing on extensions at Collavilla and new targets generated from the gravity survey. Additionally, assay results are pending for approximately 780 metres of drilling across regional targets, including the May Queen and Barwidgee prospects.

These prospects are part of Albion’s broader strategy to unlock the potential of the Yandal West Project, situated within the prolific Yandal Greenstone Belt. This belt hosts several world-class gold deposits and is attracting increasing attention from major players, underscoring the strategic value of Albion’s landholding.

Context Within the Yandal Gold Belt

The Yandal Greenstone Belt is a renowned gold province in Western Australia, home to multi-million-ounce operations such as Northern Star Resources’ Jundee and Bronzewing mines. Recent acquisitions by major companies in the region highlight the growing commercial interest and potential for new discoveries. Albion’s Collavilla results place it firmly on the radar as a junior explorer with a compelling high-grade gold system in a tier-one gold district.

While the true widths of mineralisation remain to be confirmed due to complex vein orientations, the consistent high-grade intercepts and open-ended nature of the mineralisation provide a strong foundation for further exploration and resource definition.