AuMEGA Metals Uncovers Multi-Element Anomalies Across 16 km² Granite Intrusion

Exploration Breakthrough at Isle aux Morts Granite

AuMEGA Metals Ltd (ASX – AAM) has announced a significant advancement in its exploration efforts at the Isle aux Morts Granite (IMG), part of its Cape Ray West project in Newfoundland, Canada. Previously dismissed as non-mineralised, the IMG has now emerged as a top-priority target following a comprehensive multi-element surficial geochemistry program that revealed strong gold-in-till anomalies coincident with elevated copper, molybdenum, and bismuth levels.

This geochemical footprint, extending over several kilometres and aligned with structural corridors and intrusive contacts, suggests the presence of a fertile mineral system. The company’s reinterpretation, supported by modern geological mapping and high-resolution geophysics, challenges earlier assumptions about the granite’s age and mineral potential, opening a new exploration frontier within the Cape Ray district.

Structural Controls and Target Prioritisation

The surficial geochemistry program, which collected 439 till samples on a detailed grid, identified several coherent anomalies spatially linked to major north–south and east–west geophysical lineaments. Notably, the Western Corridor target, stretching approximately two kilometres along a significant structural feature near the contact between the IMG and the Port aux Basques Gneiss Complex, stands out as a high-priority area for mineralisation.

Additional targets within the central IMG coincide with magnetic textural breaks interpreted as zones of multiphase intrusion or hydrothermal alteration. The metal association of copper, molybdenum, and bismuth is characteristic of fertile intrusive systems, often associated with deeper or hotter portions of mineralised environments. These findings suggest the IMG is not a barren intrusion but a complex, evolving hydrothermal system worthy of focused exploration.

Planned 2026 Exploration Activities

Building on these promising results, AuMEGA plans an extensive follow-up program in 2026. This will include targeted infill till sampling to refine anomaly footprints, detailed 1 – 5,000 scale geological mapping, channel sampling of outcrops, and a focused diamond drilling campaign aimed at testing a select group of high-conviction targets rather than broad early-stage coverage.

Assay results from recent diamond drilling at Cape Ray and the Hermitage geochemical survey remain pending, expected in the first quarter of 2026. These results will be critical in confirming the mineral potential of the IMG and guiding subsequent exploration phases.

Strategic Significance and Outlook

The IMG lies adjacent to AuMEGA’s existing resource corridor, which already hosts a defined gold Mineral Resource of over 6 million tonnes grading 2.25 grams per tonne gold in the Indicated category. The discovery of a potentially fertile intrusive system within the IMG could materially expand the company’s resource base and enhance the district’s overall prospectivity.

Supported by strategic investors including B2Gold Corp, AuMEGA’s methodical approach combining geochemistry, structural geology, and geophysics exemplifies modern exploration best practices. The company’s focus on high-quality data integration and prioritised drilling targets positions it well to unlock new value in this underexplored region.