Can WIN Metals Unlock Radio Gold’s Hidden High-Grade Potential?

Historic High-Grade Gold Highlights Radio Project Potential

WIN Metals Ltd (ASX, WIN) has announced the commencement of maiden drilling at its recently acquired Radio Gold Project in Western Australia, accompanied by a comprehensive release of restated historic exploration results. These historical data, restated under ASX Listing Rule 5.7, reveal multiple high-grade gold intercepts, including standout hits such as 5 metres at 17.31 grams per tonne and a remarkable 1 metre at 52 grams per tonne. This reinforces the project's reputation as a high-potential gold asset.

Drilling Program Targets Resource Expansion

The current drilling campaign is now at its halfway mark, focusing on both near-surface mineralisation and potential down-dip extensions of known gold-bearing zones. WIN Metals aims to leverage the historical data and modern exploration techniques to expand the resource base. The first assay results from this maiden program are anticipated shortly, expected to provide fresh insights into the scale and grade continuity of the deposit.

Strategic Location and Infrastructure Advantage

Located within the Shire of Yilgarn, approximately 8 kilometres north of Bullfinch and 38 kilometres north of Southern Cross, the Radio Gold Project sits in the prolific Eastern Goldfields region. The site boasts intact underground infrastructure, including existing shafts and equipment, positioning it well for a potential rapid restart of mining operations. Additionally, a shallow open pit developed historically to about 25 metres depth indicates near-surface mineralisation remains largely unexploited, presenting opportunities for low-cost open pit mining alongside underground targets.

Geological Setting and Exploration Upside

The project lies at a key geological interface between sheared greenstones and the Ghooli granitoid dome, a setting known for hosting high-grade orogenic gold deposits. Gold mineralisation is concentrated in two main quartz lodes with complex structural controls, offering multiple stacked mineralised shoots. Historical drilling has been limited to depths of around 260 metres, leaving significant potential for resource growth at depth and along strike. WIN Metals has identified several near-surface targets across the Radio Repeater, Radio South, and central Radio resource areas, with plans for approximately 9,000 metres of reverse circulation drilling to test these zones.

Looking Ahead, Unlocking Value Amidst Strong Gold Interest

WIN Metals’ Managing Director Steve Norregaard emphasised the untapped potential of the project, noting that historical exploration was relatively limited due to previous mining methods. The company’s systematic approach aims to unlock value from both the high-grade underground lodes and near-surface mineralisation. With gold continuing to attract investor attention, the upcoming assay results and subsequent resource updates will be closely watched as indicators of the project’s future development trajectory.