Neometals has reported compelling gold assay results from its first drilling at Barrambie Ranges in 30 years, revealing multiple high-grade mineralised zones and reinforcing the project’s exploration potential.
- Significant gold intercepts up to 19.41g/t over 2m from recent RC drilling
- Drilling confirms multiple mineralised structures along 40km Barrambie Greenstone Belt
- First drilling at Barrambie Ranges in three decades with 21 of 26 holes showing anomalous gold
- Inferred Mineral Resource Estimate update for Ironclad deposit expected in March 2026
- Follow-up exploration planned around Golden Treasure mine and other priority targets
Renewed Exploration at Barrambie Ranges
Neometals Ltd (ASX, NMT) has delivered a significant update from its recent reverse circulation (RC) drilling campaign at the Barrambie Ranges gold trend, part of its 100% owned Barrambie Gold Project in Western Australia. This marks the first drilling activity in the area in over 30 years, and the results have confirmed the presence of multiple high-grade gold mineralised zones, reigniting interest in this historically productive region.
The drilling program, conducted between October and November 2025, comprised 26 holes totaling 3,258 metres. Assay results from 3,543 samples revealed standout intercepts including 2 metres at 19.41 grams per tonne (g/t) gold from 111 metres depth, and 5 metres at 5.64 g/t gold from 84 metres. These findings underscore the potential for substantial gold mineralisation along the Barrambie Greenstone Belt, which stretches approximately 40 kilometres.
Geological Insights and Structural Complexity
The Barrambie Ranges gold trend is characterised by two intersecting structural trends, narrow vertical veins and steeply dipping quartz veins and felsic dykes. This structural interplay is believed to have created higher-grade, north-plunging shoots historically mined at the Golden Treasure mine. The recent drilling has identified mineralisation down-dip of historic workings and in parallel structures, challenging previous assumptions about geological boundaries and opening new exploration corridors.
Neometals’ exploration manager, Travis Craig, highlights that the assay data aligns with historic reports of fine free gold in the ores, although free gold was not directly observed in the current drilling. The presence of multiple mineralised zones, including beneath previously untested areas, suggests a robust and complex gold system worthy of further investigation.
Advancing the Ironclad Deposit and Future Plans
Alongside the Barrambie Ranges drilling, Neometals is advancing its nearby Ironclad deposit, with an updated Inferred Mineral Resource Estimate and mine plan expected in the March quarter of 2026. Preparations for mining approvals are underway, including geotechnical and environmental studies, positioning the company for potential development.
Neometals’ Managing Director, Chris Reed, emphasised the broader potential of the Barrambie Project, noting the extensive strike length and the opportunity to build on the initial high-grade intercepts. The company is also refining exploration plans for other targets such as the historic Mystery mine in the Sugarstone area, aiming to expand its gold footprint in the region.
Context and Caution
While the results are promising, Neometals cautions that the exploration target remains conceptual, with further drilling and evaluation required to define a mineral resource under JORC standards. Historic data incorporated into the assessment carries inherent uncertainties, and true widths of mineralisation are approximated. Nonetheless, the current findings provide a strong foundation for ongoing exploration and resource development.
With the Barrambie Project hosting one of the world’s highest-grade titanium deposits alongside its gold potential, Neometals is uniquely positioned to leverage its diverse mineral assets. The company’s integrated approach, combining exploration with sustainable processing technologies, aligns with its vision to deliver stakeholder value through critical materials for a cleaner future.
Bottom Line?
Neometals’ latest drilling results at Barrambie Ranges set the stage for a pivotal year of exploration and resource updates that could reshape its gold development trajectory.
Questions in the middle?
- How will the upcoming Ironclad resource update influence Neometals’ development timeline?
- What are the implications of mineralisation beneath previously assumed geological boundaries?
- How might Neometals balance advancing gold exploration with its titanium divestment strategy?