Undrilled North Ives Target Emerges as Albion’s Top Priority Amid Heritage Clearance Race
Albion Resources has identified a new high-grade gold corridor at its North Ives prospect within the Yandal West Project, Western Australia, with rock chip samples returning up to 42.1 g/t gold. Supported by geophysical and geochemical data, the undrilled area is poised for drilling following fast-tracked heritage clearance.
- Discovery of multi-kilometre gold corridor at North Ives
- Rock chip samples up to 42.1 g/t gold with elevated pathfinder elements
- Strong geophysical evidence of structurally controlled intrusion-related mineralisation
- Coherent 1.5 km × 700 m gold-in-soil anomaly aligned with key structures
- Heritage clearance underway with drilling planned for late 2025
New Gold Corridor Emerges at North Ives
Albion Resources Limited has announced a significant breakthrough at its Yandal West Project in Western Australia with the identification of a previously unrecognised, multi-kilometre gold corridor at the North Ives prospect. Recent rock chip sampling has returned impressive high-grade gold values, peaking at 42.1 grams per tonne (g/t), alongside elevated levels of bismuth, tellurium, molybdenum, and tungsten; elements typically associated with intrusion-related gold systems.
This discovery builds on the company’s ongoing regional exploration strategy, leveraging integrated geophysical and geochemical datasets to pinpoint structurally controlled mineralisation pathways along the northern margin of the Ives Granite. The data reveal several kilometre-scale fault corridors acting as conduits for mineralising fluids, with mafic rafts within the granite margin interpreted as key hosts for gold deposition.
Geophysical and Geochemical Evidence Align
Complementing the high-grade rock chip results, a detailed soil geochemistry survey has outlined a coherent gold-in-soil anomaly measuring approximately 1.5 kilometres by 700 metres. Peak soil gold values reached 51 parts per billion (ppb), coinciding with interpreted structural intersections and granite-greenstone contacts; classic traps for orogenic gold mineralisation.
The geochemical signature, featuring elevated pathfinder elements such as bismuth, tellurium, molybdenum, and tungsten, supports a magmatic-hydrothermal origin. This aligns with Albion’s interpretation of an intrusion-related gold system, where late-stage mineralising fluids migrated along structural corridors to precipitate gold within quartz-sulphide veins.
Undrilled Potential and Upcoming Drilling Plans
Notably, the North Ives area remains completely undrilled, presenting a compelling exploration opportunity within a highly prospective region. The proximity of the successful Collavilla discovery, just two kilometres to the south, underscores the potential scale and significance of the North Ives corridor.
Albion’s CEO, Peter Goh, emphasised the importance of this new interpretation, stating that the company is fast-tracking heritage clearance to enable first-pass drilling as soon as possible, targeting late 2025. This rapid progression reflects the company’s confidence in the quality of targets generated by its integrated exploration approach.
Strategic Positioning in the Yandal Greenstone Belt
The Yandal West Project is situated within the prolific Yandal Greenstone Belt, a region renowned for hosting multi-million-ounce gold deposits and major mining operations. Albion’s landholding benefits from proximity to key infrastructure and established mines, including Northern Star Resources’ Jundee and Bronzewing operations.
Recent consolidation and acquisitions by major players in the belt highlight the strategic value of high-grade gold assets in this region. Albion’s discovery at North Ives adds to the growing momentum of exploration success in the area, potentially positioning the company as a significant contributor to the Yandal gold story.
Bottom Line?
With drilling imminent, Albion’s North Ives discovery could redefine the company’s growth trajectory and attract renewed market attention.
Questions in the middle?
- What will the initial drilling results reveal about the continuity and extent of the gold mineralisation?
- How quickly can Albion convert these early-stage findings into a defined resource estimate?
- What are the potential challenges or delays related to heritage clearance and drill access?
