GoldArc’s New Gold Targets Could Make or Break Its 2026 Resource Growth Ambitions
GoldArc Resources kicks off 2026 with promising exploration results at its Leonora North Gold Project, revealing two new high-priority gold anomalies and planning extensive drilling programs to expand its resource base.
- Discovery of two new gold anomalies (S6 and S7) at Leonora North
- Rock chip samples confirm high-grade gold potential up to 51.9 g/t Au
- Upcoming ~38,500m reverse circulation drilling program across multiple deposits
- Focus on resource development at Mt Stirling, Mt Stirling Well, and other key sites
- Systematic soil surveys underpin aggressive exploration strategy
Strong Start to 2026 at Leonora North
GoldArc Resources Limited (ASX – GA8) has reported a robust beginning to 2026 with significant exploration progress at its Leonora North Gold Project in Western Australia. A recent soil survey comprising 317 samples has identified two previously undrilled gold anomalies, labelled S6 and S7, which lie in close proximity to the established Mt Stirling and Mt Stirling Well deposits. These findings underscore the project's high-grade potential and reinforce GoldArc's confidence in its untapped resource upside.
High-Grade Rock Chip Results Bolster Prospectivity
Complementing the soil survey, rock chip sampling has returned impressive gold grades, with standout results including 51.9 grams per tonne (g/t) and 14.2 g/t Au. These samples were collected from quartz veining and sheared mafic and felsic lithologies, indicating robust mineralisation zones. The presence of such high-grade surface samples suggests that the newly identified anomalies could host economically significant gold mineralisation, warranting immediate follow-up.
Aggressive Drilling Campaigns Planned
In response to these encouraging exploration results, GoldArc is set to embark on an extensive reverse circulation (RC) drilling program totaling approximately 38,500 metres. This includes a ~30,000m campaign at Mt Stirling and Mt Stirling Well, commencing in February 2026, aimed at resource development and expansion. Additionally, an ~8,500m drilling program will target the Cosmopolitan, Orion, Sapphire, Eclipse, and Euroa deposits starting in March. These efforts reflect a strategic push to convert exploration success into measurable resource growth.
Strategic Exploration and Future Outlook
GoldArc’s Managing Director, Paul Stephen, highlighted the significance of defining five new undrilled anomalies, particularly praising the exceptional quality of the S7 target. The company’s systematic approach to soil sampling and mapping has effectively expanded the pipeline of high-priority targets, setting the stage for potential new discoveries. Further soil surveys are underway northeast of Mt Stirling, an area with limited historical exploration, suggesting that GoldArc’s exploration footprint may continue to widen.
With a current JORC resource base of approximately 200,000 ounces across its Leonora projects, GoldArc’s aggressive exploration and drilling strategy could substantially enhance its resource inventory. The company’s focus on shallow, high-grade targets aligns well with market appetite for near-term resource growth and development potential.
Bottom Line?
GoldArc’s 2026 exploration momentum at Leonora North could redefine its resource profile and market positioning.
Questions in the middle?
- How will upcoming drilling results impact GoldArc’s resource estimates and valuation?
- What is the potential scale and grade continuity of the new S6 and S7 anomalies?
- Could further soil surveys reveal additional high-priority targets beyond current areas?
