19m at 2.29g/t and 2m at 23.66g/t: Ordell’s Barimaia Drilling Delivers Strong Results

Strong Shallow Gold Mineralisation at McNabs East

Ordell Minerals Limited (ASX – ORD) has delivered another encouraging update from its flagship Barimaia Gold Project in Western Australia’s Murchison region. The company’s December 2025 reverse circulation (RC) drilling program at the McNabs East Prospect has delineated a robust zone of shallow gold mineralisation extending over 400 metres of strike and to a vertical depth of approximately 90 metres. Notably, mineralisation begins just 10 metres below surface, underscoring the potential for open-pit mining.

Key assay results include significant intercepts such as 19 metres at 2.29 grams per tonne (g/t) gold from 53 metres, and a standout high-grade zone of 2 metres at 23.66 g/t gold from 79 metres, including a bonanza-grade 1 metre at 46.8 g/t. These results build on Ordell’s previous drilling successes and confirm the continuity and strength of the mineralised system.

Expanding the Exploration Footprint

Beyond McNabs East, aircore drilling has identified a substantial exploration target approximately 2 kilometres to the east, with assays up to 2.88 g/t gold at the bottom of holes. This discovery adds a new dimension to Ordell’s exploration strategy, which is focused on unlocking the potential along the more than 7 kilometres of known strike of granodiorite intrusions hosting the mineralisation.

Ordell’s Managing Director, Michael Fowler, emphasised the significance of these findings, highlighting the shallow dip and eastward plunge of the mineralised zone. He noted that the upcoming 2026 drilling campaign, set to commence imminently, aims to test extensions along strike and down plunge at McNabs East, as well as to pursue new discoveries across the broader Barimaia intrusion system.

Strategic Location and Metallurgical Confidence

The Barimaia Gold Project benefits from its location in a Tier-1 mining jurisdiction near Mount Magnet, adjacent to established gold processing infrastructure such as Ramelius Resources’ Mt Magnet mill. This proximity enhances the project’s economic attractiveness and potential for rapid development.

Complementing the exploration success, metallurgical testwork on composite samples from McNabs East has confirmed the ore is free milling with excellent gravity gold recovery and fast leach kinetics. These favourable characteristics suggest straightforward processing and low reagent consumption, factors that bode well for future project economics.

Looking Ahead

With drilling poised to resume, Ordell is well-positioned to expand its resource base and refine the geological model at Barimaia. The company’s systematic approach, combining infill and step-out drilling, aims to convert these promising exploration results into a defined mineral resource. Investors and analysts will be watching closely for further assay results and any updates on resource estimation as the year progresses.