Rokeby Resources Unveils Strong Gold-Antimony Hits at Hurricane Project
Rokeby Resources has confirmed significant gold and antimony mineralisation across multiple prospects at its Hurricane Project in North Queensland, following its maiden drilling campaign. The company secured $1.7 million in an oversubscribed placement to advance Phase 2 drilling and exploration.
- Maiden reverse circulation drilling completed with 25 holes for 1,538 metres
- Gold mineralisation intersected in 18 of 25 holes across multiple prospects
- Notable intercepts include 6m @ 2.71g/t Au and 3m @ 0.57% Sb at Bouncer South
- Oversubscribed $1.7 million capital raising to fund next drilling phase
- Mount Read Project geological review progressing with on-ground exploration planned for 2026
Exploration Breakthrough at Hurricane
Rokeby Resources Limited (ASX – RKB) has delivered a compelling update from its Hurricane Gold-Antimony Project in North Queensland, marking a significant milestone with the completion of its maiden reverse circulation (RC) drilling program. The 25-hole campaign, totalling 1,538 metres, has confirmed widespread mineralisation, intersecting gold in 18 holes and antimony in several, validating the company’s exploration model and surface sampling efforts.
The standout results include a 6-metre intercept grading 2.71 grams per tonne gold (g/t Au) at Bouncer South, alongside notable antimony grades, and a 4-metre intercept at Tornado averaging 3.1 g/t Au, including a high-grade 1-metre section at 5.5 g/t Au. These results underscore the presence of a coherent mineralised system extending over multiple prospects within the project area.
Strategic Capital Raise Fuels Next Phase
Backing its exploration success, Rokeby completed an oversubscribed $1.7 million placement during the quarter. The funds are earmarked to support a Phase 2 drilling campaign aimed at expanding known mineralisation zones both along strike and at depth. CEO Trevor Benson highlighted the significance of the maiden drilling results, noting that intersecting gold in a previously untested area demonstrates the system’s scale potential and provides a strong foundation for further work.
With a cash position of $1.525 million at quarter-end, Rokeby is well capitalised to pursue its aggressive exploration agenda. The company also continues to evaluate its broader portfolio, including projects in the Northern Territory and Western Australia, seeking to leverage prior data to generate new drill targets.
Mount Read Project – Early Stage but Promising
Beyond Hurricane, Rokeby is advancing its Mount Read Project in Tasmania, situated within a prolific mineral belt known for world-class polymetallic deposits. The company has been compiling and digitising historical data, reinterpreting geophysical surveys, and developing 3D geological models to identify priority targets. Rokeby plans to initiate on-ground exploration activities in 2026, including detailed mapping, surface sampling, and geophysical surveys to refine drill targets.
Outlook and Market Positioning
Looking ahead, Rokeby’s focus remains on unlocking the full potential of the Hurricane corridor, which extends over 5 kilometres and remains largely untested at depth and along strike. The upcoming Phase 2 drilling campaign is poised to deliver critical insights into the size and grade continuity of the mineralised system. Coupled with ongoing corporate development and investor engagement, Rokeby is positioning itself as a promising junior explorer in the gold and antimony space.
While the drilling results are encouraging, the mineralisation remains open-ended, necessitating further work to delineate resources and assess economic viability. Rokeby’s strategic capital raise and methodical exploration approach provide a solid platform for advancing its projects and delivering value to shareholders.
Bottom Line?
Rokeby’s maiden drilling success and strong capital backing set the stage for a pivotal Phase 2 campaign that could redefine the Hurricane Project’s potential.
Questions in the middle?
- How will Phase 2 drilling refine the resource potential and grade continuity at Hurricane?
- What timeline and budget has Rokeby allocated for advancing the Mount Read Project’s exploration?
- Could the company’s broader tenement portfolio yield additional high-grade targets in the near term?
