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Albion adds firepower after high-grade Gidgee gold hit

9:22am on Monday 19th of October, 2026 AEDT • Mining
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Albion adds firepower after high-grade Gidgee gold hit

9:22am on Monday 19th of October, 2026 AEDT
Key Points
  • $1.8 million placement at $0.05 a share, issuing 36 million new shares
  • 7 metres at 3.6g/t gold from 60 metres, including 3 metres at 6.7g/t
  • Two rigs operating across German Well South and regional targets
  • Planned exercise of option over an additional 27km² of Gidgee ground
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