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AX8’s First Balagundi Drilling Confirms Continuous Gold on Paris Gift Trend
8:56am on Tuesday 27th of January, 2026 AEDT
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Mining
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AX8’s First Balagundi Drilling Confirms Continuous Gold on Paris Gift Trend
8:56am on Tuesday 27th of January, 2026 AEDT
Key Points
First-ever RC drilling at Balagundi confirms continuous gold mineralisation
Six holes intersected the Paris Gift shear-hosted structure over ~300m strike
Significant intercepts include 6m @ 1.47 g/t Au and multiple zones of mineralisation
Geological modelling suggests higher-grade shoots along the Paris Trend
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