Rokeby Resources Secures Omeo Gold Project and Starts Sunnyside Drilling

Acquisition Completes to Cement Flagship Gold Asset

Rokeby Resources (ASX:RKB) has officially taken full ownership of the Omeo Gold Project in north-east Victoria, marking a pivotal moment for the junior miner. The acquisition from Tiger Tasman Minerals brings under Rokeby’s control an advanced gold project boasting a historical, non-JORC mineral resource estimate of 2.4 million tonnes at 4.02 grams per tonne gold, equating to approximately 320,000 ounces. The project now stands as Rokeby’s flagship asset, underpinning its growth ambitions with a substantial resource base and multiple avenues for value creation.

Exploration Momentum Kicks Off at Sunnyside Deposit

Immediately following completion, Rokeby has launched a nine-hole, 2,180-metre diamond drilling campaign targeting the high-grade Sunnyside deposit within the Omeo Project. This maiden drilling program aims to validate and upgrade the historical resource to JORC (2012) standards, a crucial step before any formal resource declaration. The drilling focuses on known high-grade mineralisation shoots, with results expected to guide a broader exploration push integrating the Maude and Sunnyside deposits along the 5.8-kilometre mineralised Mt Wills corridor.

Tenement Transfers and Approved Work Programs in Place

All tenements associated with the project, including the long-standing Mining Licence MIN 4921, recently renewed for 20 years, have been formally transferred to Rokeby. Importantly, the company inherits approved work programs from Resources Victoria, including underground access at Maude and tailings processing initiatives, enabling Rokeby to hit the ground running without regulatory delays. This operational readiness supports Rokeby’s commitment to an aggressive exploration and resource upgrade strategy.

Leadership Refresh Aligns with Strategic Ambitions

The acquisition coincides with a board and management overhaul designed to steer the project’s development. Richard Beazley, appointed Managing Director, brings extensive industry experience and has expressed strong confidence in the project’s untapped potential. Tim Pallas joins as independent Non-Executive Chairman, adding governance depth. This leadership team was previously announced in June, signalling Rokeby’s clear intent to capitalise on Omeo’s prospects with a focused and seasoned group at the helm.

Exploration Upside Beyond Historical Estimates

While the historical resource covers only 2 kilometres of the 5.8-kilometre strike length, Rokeby views the broader Mt Wills corridor as highly prospective. The company plans to expand drilling beyond Sunnyside and Maude, aiming to unlock significant resource growth. However, the current resource figures are historical estimates and not JORC-compliant, meaning the upcoming drilling results will be critical in confirming and upgrading the resource base. Rokeby’s strategy hinges on converting this historical data into a modern, credible resource that can underpin future development decisions.