Tribune Resources completed 8,831 metres of diamond drilling in Q3 FY2026 at the East Kundana Joint Venture, reporting significant gold assay results from Golden Hind while awaiting Startrek results.
- 8,831 metres of diamond drilling completed in Q3 FY2026
- Significant gold intercepts reported from Golden Hind deposit
- No assay results yet from Startrek drilling
- No material change to existing Mineral Resources
- Resource model updates planned for FY27 mine planning
Strong Gold Grades Confirmed at Golden Hind
Tribune Resources Ltd (ASX:TBR) has wrapped up its FY26 Q3 drilling campaign at the East Kundana Joint Venture (EKJV), delivering promising assay results from the Golden Hind deposit. The joint venture, which also includes Evolution Mining and Rand Mining, completed 8,831 metres of diamond drilling focused on extending known mineralisation and refining resource definitions.
Specifically, eight diamond drill holes at Golden Hind returned significant gold grades, including intercepts such as 0.80 metres at 15.69 g/t Au and 1.14 metres at 18.87 g/t Au. Other notable results include a 0.25-metre intercept grading 30.70 g/t Au and a 0.10-metre intercept at 27.26 g/t Au, underscoring the high-grade nature of the mineralisation. These results, however, have yet to be incorporated into an updated Mineral Resource estimate, with no material change reported to date.
Startrek Drilling Progresses without Assay Returns
Meanwhile, the Startrek prospect saw 19 diamond drill holes completed underground, totalling 6,101 metres. This drilling aims to boost geological confidence and test targets associated with Startrek mineralisation, but assay results from this program are still pending. The absence of assay data means the Startrek deposit's resource implications remain uncertain for now.
Future Resource Modelling and Planning
Looking ahead, Tribune plans to update resource models for both Golden Hind and Startrek to support internal planning and guide exploration efforts in FY27. These updates will be critical in shaping future mine plans and identifying new exploration targets within the EKJV.
Tribune’s latest drilling activity builds on a recent period of operational momentum, following a nearly doubled gold output in the December quarter, where production at EKJV surged 96% to 13,009 ounces gold output surge. This exploration progress signals ongoing commitment to unlocking further value from the EKJV assets.
Rigorous Sampling and Reporting Standards Maintained
The drilling and assay work adheres strictly to JORC 2012 standards, with detailed sampling techniques, QAQC protocols, and competent person verification by Bradley Daddow of Evolution Mining. Diamond core was sampled via half-core or full-core methods as appropriate, with assays performed by commercial laboratories using photon and fire assay techniques. The reported intercepts apply a 3 g/t gold lower cut-off and a maximum 1-metre internal dilution, ensuring meaningful grade representation.
Bottom Line?
The EKJV drilling results reinforce Golden Hind’s high-grade potential, but the pending Startrek assays and resource updates will be pivotal for FY27 planning.
Questions in the middle?
- When will Startrek assay results be released and how might they impact resource estimates?
- Could updated resource models lead to revised mine plans or new exploration priorities in FY27?
- How will the EKJV partners coordinate further drilling and development given evolving assay data?