Riversgold Uncovers New Shallow Gold Zones Near Kalgoorlie Ahead of 2026 Drilling
Riversgold Limited has reported robust gold mineralisation from the final 16 drillholes of its 2025 campaign at the Northern Zone near Kalgoorlie, confirming expansion of the shallow oxide gold footprint. The company is set to commence its 2026 drilling program to further extend the resource.
- Final 16 drillholes confirm expanding shallow gold mineralisation
- Significant gold intercepts up to 8m at 5.81 g/t Au reported
- Central saddle area infilled, linking eastern and western zones
- Mining lease conversion and heritage agreements progressing
- 2026 drilling campaign to start 10 February, targeting resource growth
Expanding the Gold Footprint Near Kalgoorlie
Riversgold Limited (ASX – RGL) has delivered encouraging results from the final tranche of its 2025 drilling campaign at the Northern Zone Gold Project, located just 25 kilometres east of Kalgoorlie in Western Australia. The latest 16 drillholes continue to intersect shallow gold mineralisation, reinforcing the company’s strategy to expand the oxide gold footprint within this prolific gold region.
The Northern Zone project sits within a porphyry-hosted system, part of the Canon Shear fault zone, known for its potential to host significant gold mineralisation. Riversgold’s drilling has successfully expanded the northeastern mineralised zone and, notably, infilled the previously undrilled central saddle area, effectively linking the eastern and western mineralised zones. This continuity could represent a substantial increase in the overall gold resource.
Significant Intercepts Highlight Potential
Among the standout results are intercepts such as 8 metres at 5.81 grams per tonne (g/t) gold from 46 metres depth, 7 metres at 3.48 g/t from 48 metres, and 4 metres at 4.09 g/t from 54 metres. These grades and widths are promising for a shallow oxide deposit, which typically offers lower-cost mining opportunities. The drilling program has been designed to target shallow oxide mineralisation, which is more amenable to open-pit mining methods.
Riversgold’s Exploration Director, Ed Mead, emphasised the significance of these results, noting that the 2025 drilling campaign has been effective in enlarging the shallow gold footprint and strengthening the mining scenario for 2026. The company has also drilled the porphyry system to depths of around 500 metres, with plans for deeper drilling anticipated after mining operations commence.
Progress on Regulatory and Joint Venture Fronts
Alongside exploration progress, Riversgold is advancing key regulatory milestones. The conversion of the tenement to a Mining Lease is on track, with the signing of a Heritage Agreement marking a major step forward. Environmental assessments and the Mine Development and Closure Plan are progressing in collaboration with Resource WA, ensuring compliance with regulatory requirements.
Operationally, Riversgold is working closely with its joint venture partner, Mega Resources, to integrate drilling results into mine planning. The 2026 drilling campaign is scheduled to commence on 10 February, aiming to further expand the shallow gold resource and support upcoming mining activities.
Looking Ahead
With the Northern Zone project demonstrating consistent shallow gold mineralisation and solid grades, Riversgold is positioning itself to potentially unlock a significant new gold resource near Kalgoorlie. The upcoming drilling program and ongoing regulatory progress will be critical in defining the project's scale and economic viability. Investors and analysts will be watching closely as Riversgold moves towards a maiden Mineral Resource Estimate and eventual mining operations.
Bottom Line?
Riversgold’s expanding shallow gold zones near Kalgoorlie set the stage for a pivotal 2026 drilling campaign and resource definition.
Questions in the middle?
- How will the maiden Mineral Resource Estimate quantify the newly expanded zones?
- What are the timelines and risks associated with finalising the Mining Lease and environmental approvals?
- How might deeper drilling post-mining commencement impact the overall project economics?
