Unity Metals Confirms Gold at Ngot NE and Srolao Prospects Near Okvau Mine

Gold Confirmed Across Entire Ngot Project

Unity Metals Limited (ASX:UM1) has now confirmed gold mineralisation at all four prospects drilled within its Ngot Gold Project in Cambodia, marking a significant milestone for the company’s exploration campaign. The latest discoveries at the Ngot NE and Srolao prospects add to earlier results from Ngot Central and Rohav Mountain, underscoring the project’s broad potential in a region already proven by the nearby Okvau Gold Mine operated by Emerald Resources (ASX:EMR).

Ngot NE Prospect Shows Encouraging Gold and Arsenic Anomalies

The highlight is the Ngot NE Prospect, located just 2km south of the Okvau Mine boundary, where Unity intersected 6 metres at 1.8 grams per tonne (g/t) gold from 143 metres, including a richer 2 metres at 4.3 g/t gold in the first drill hole (26DDNE001). This mineralisation is associated with arsenopyrite-rich veins within hornfelsed sediments adjacent to diorite dykes. Notably, this area features the largest and strongest arsenic-in-soil anomaly detected across the Ngot Project, coincident with a 2-kilometre-long gold-in-soil anomaly that extends to the licence boundary with Emerald Resources. The company has completed seven holes at Ngot NE and plans two more, with assays pending for six additional holes, which will be critical to defining the extent of this mineralisation. The proximity and structural alignment with the Okvau Mine’s NNE-trending corridor add geological weight to the prospect’s potential. This builds on Unity’s earlier findings of stacked mineralisation at Rohav Mountain, where broad zones of gold were delineated beneath cover in a 150-metre-wide diorite intrusion, reinforcing the intrusion-related gold system model for the project area stacked mineralisation at Rohav Mountain.

Srolao Prospect Delivers Thick Gold Veins and High-Grade Intersections

At the Srolao Prospect, Unity intercepted 9.9 metres at 1.9 g/t gold from 34.1 metres, including a narrow but high-grade 0.7 metres at 23.4 g/t gold, along with 5.8 metres at 1.1 g/t gold from 24.2 metres. These gold-bearing veins are some of the thickest observed within the Ngot Project, hosted in sediments with sheeted quartz-arsenopyrite veins. The area is marked by artisanal workings and multiple stacked gold-in-soil anomalies extending over 1 kilometre, with peak soil assays reaching 5,910 parts per billion (ppb) gold. The drilling program here has completed nine holes, with one more planned, and assays for eight holes have been received. The mineralisation remains open along strike and at depth, suggesting room for further expansion. These findings complement earlier high-grade gold intersections reported at Ngot Central, where Unity identified quartz-pyrite-arsenopyrite veins akin to those at Okvau high-grade gold at Ngot Central.

Drilling Program Progress and Next Steps

The company’s 8,000-metre diamond drilling program, comprising 50 holes, is approximately 92% complete, with ongoing drilling focused on Ngot NE. Assays have been received for about 69% of the program, with results still awaited for several holes at Ngot NE and Rohav Mountain. Unity’s exploration manager, Shane Hibbird, confirms that drilling is designed to test coincident gold and arsenic soil anomalies, a strategy that has proven effective so far. The true widths of mineralisation remain undetermined, and the current drill spacing is insufficient to support resource estimation, meaning further infill drilling will be necessary to advance towards a resource declaration. CEO Craig Mackay emphasises the company’s intent to concentrate on areas showing coincident gold and arsenic anomalies, which appear to be reliable vectors to mineralisation within this intrusion-related gold system.

Environmental and Regulatory Context

Unity’s licences lie partly within Ministry of Environment protected areas, including flora and fauna reserves, requiring government approvals for exploration and eventual mining. The company has secured necessary exploration permits following environmental and social impact assessments. The nearby Okvau Mine was approved after excision of part of a protected area, setting a precedent for development in the region. Unity’s continued exploration success will have to be balanced with these regulatory considerations as the project advances.