Albion Resources Unveils Eight New Gold Targets Expanding Gidgee Pipeline

Eight New Targets Extend Gidgee's Exploration Horizon

Albion Resources (ASX:ALB) has dramatically expanded its Gidgee Gold Project's exploration pipeline by pinpointing eight new gold target areas through a comprehensive soil geochemistry program. These targets are closely associated with 19 kilometres of shear corridors, the structural veins known to control many deposits within the prolific Gum Creek Greenstone Belt in Western Australia.

The newly defined targets, including Tokey Central, Wilson Splay North and South, German Shaft, Virgo North, Tokey North, and Silver Tokey, are not just random anomalies. They correlate with historical gold drill intersections, artisanal workings, and elevated pathfinder elements such as bismuth and silver, reinforcing their prospectivity. This suite of targets broadens Albion's footprint well beyond its advanced German Well South prospect, which remains the company's flagship drill-ready site.

German Well South: The High-Grade Anchor

German Well South continues to command Albion's focus, backed by historical drilling results that include impressive intercepts such as 21 metres at 5.4 grams per tonne gold and 16 metres at 5.5 grams per tonne gold. Mineralisation remains open both at depth and along strike, supported by the recent geochemical data. The soil program has also highlighted several undrilled zones of elevated gold-in-soil within this prospect, providing a refined framework for prioritising upcoming drill holes.

Strategic Positioning within the Gum Creek Belt

Albion's 90 square kilometre Gidgee tenure sits strategically within the central Gum Creek Greenstone Belt, a historically rich gold district hosting more than 2.3 million ounces of resources at Horizon Gold's nearby Gum Creek Project and approximately 0.5 million ounces at the Montague deposit. The belt's gold mineralisation is strongly linked to regional shear zones that traverse Albion’s ground, many of which have seen only limited modern exploration, primarily shallow RAB drilling in the past.

The soil geochemistry program, comprising nearly 1,000 ultrafine fraction samples, was designed to test these structural corridors beneath shallow cover. The results have revealed multiple priority targets distributed along these corridors, some extending over hundreds of metres with gold-in-soil anomalies exceeding 10 parts per billion, alongside coincident silver and bismuth anomalies.

Next Steps: Drilling and Geophysical Integration

Albion is nearing completion of a geophysical review that integrates airborne electromagnetic, magnetic, and ground gravity data to contextualise the soil anomalies and assist with target ranking. This is expected to sharpen the focus on the highest priority zones for follow-up field mapping, rock chip sampling, and ultimately drilling.

The company plans to launch its maiden aircore and reverse circulation drilling campaign in the third quarter of 2026, contingent on the granting of permits and completion of heritage surveys. This campaign will test both the advanced German Well South prospect and the newly identified regional targets, potentially transforming Gidgee from a single-prospect project into a multi-target exploration play.

Expanding the Pipeline Amid Regional Momentum

Albion’s expanded target portfolio situates it well within a district experiencing renewed exploration interest, with Horizon Gold advancing plans to recommission and expand the nearby Gidgee Mill. The historical haul road servicing the mill crosses Albion’s tenure, underscoring the project's logistical advantages.

While the new targets are promising, it’s important to note that they remain conceptual until drilling confirms mineralisation. The soil geochemistry results provide a compelling roadmap, but the economic viability of these targets will hinge on upcoming drill results and further geological assessment.