Coodardy Drilling Kicks Off: Will Golden Dragon Unlock New Gold Riches?
Golden Dragon Mining is set to begin a ~2000m drilling campaign at its promising Coodardy gold target in Western Australia, aiming to confirm mineralisation following strong historic results.
- Drilling to start around 24 November 2025 at Coodardy within Cue Project
- Targeting shallow, high-grade gold mineralisation over 700m strike
- Historic intersections include 12m at 4.5g/t Au and 8m at 7.7g/t Au
- ~2000m Reverse Circulation drilling program planned
- Results expected by year-end or early 2026 with potential for expansion
Golden Dragon Advances Exploration at Coodardy
Golden Dragon Mining Ltd (ASX – GDR) is gearing up to commence a significant drilling program at its Coodardy gold target, part of the broader Cue Project in Western Australia's prolific Murchison goldfields. The company plans to initiate approximately 2000 metres of Reverse Circulation (RC) drilling starting around 24 November 2025, aiming to validate the style and geometry of gold mineralisation previously identified.
Promising Historic Results Set the Stage
The Coodardy prospect has already demonstrated considerable potential through historic drilling, with standout intersections such as 12 metres at 4.5 grams per tonne (g/t) gold from 16 metres depth, and other notable hits including 8 metres at 7.7 g/t and 8 metres at 5.8 g/t. These results underpin the company’s confidence in the target, which extends over a 700-metre strike length and features mineralisation hosted within quartz-veined, carbonate-pyrite altered dolerite overlain by sediments and basalts.
Strategic Importance of the Cue Project
The Cue Project, where Coodardy is located, covers a substantial 612.8 square kilometres and includes granted mining leases and exploration licences. The region is known for its strong structural controls on gold mineralisation, including major features like the Big Bell Anticline and Big Bell Shear Zone. Despite previous exploration success, large areas remain underexplored due to transported cover, suggesting significant upside potential for Golden Dragon.
Looking Ahead – What the Drilling Could Mean
The upcoming drilling campaign is designed not only to confirm mineralisation but also to provide critical data on its geometry and style, which will inform future exploration and development strategies. Should the results replicate or exceed historic grades, Golden Dragon has indicated plans for a larger follow-up program. Assay results are anticipated by the end of 2025 or early 2026, a timeline that will be closely watched by investors eager for signs of resource growth.
With a competent person statement affirming the technical rigor behind the exploration data, Golden Dragon’s methodical approach reflects a measured but optimistic step forward in unlocking value from the Cue Project’s gold assets.
Bottom Line?
Golden Dragon’s drilling at Coodardy could redefine its resource potential, setting the stage for a pivotal phase in its exploration journey.
Questions in the middle?
- Will the upcoming drilling confirm or exceed the historic high-grade gold intersections?
- How might new assay results influence Golden Dragon’s resource estimates and project valuation?
- What are the prospects for expanding drilling beyond the initial 2000 metres if results prove successful?
