Latest Albion Resources (ASX:ALB) News

Albion Resources has moved into its maiden Gidgee drilling campaign, but the gold explorer’s $2.38 million cash balance and $2.52 million annual operating outflow underpin an auditor warning over its ability to continue without further funding. The company reported a $2.01 million FY2026 loss as it shifted exploration focus towards Gidgee and Yandal West.

Albion Resources has locked in a three-month exclusive option to acquire four exploration licences adjacent to its Gidgee Gold Project, adding about 27 square kilometres of highly prospective ground near known high-grade gold zones and polymetallic targets.

Albion Resources has uncovered exceptionally high-grade gold at its Gidgee Gold Project, with rock-chip sampling returning a standout 280.3 g/t Au from the Phar Lap Prospect, setting the stage for a maiden drilling campaign.

Albion Resources has cleared a regulatory hurdle to commence its inaugural drilling at the Gidgee Gold Project, targeting a high-priority gold zone and multiple new anomalies in Western Australia's Gum Creek Belt.

Albion Resources has identified eight fresh gold target zones along 19km of key shear corridors at its Gidgee Gold Project, significantly broadening its exploration prospects beyond the German Well South drill-ready site.

Albion Resources has finalized its acquisition of the Gidgee Gold Project in Western Australia's Gum Creek Greenstone Belt and is gearing up for drilling after receiving soil sampling results.

Albion Resources has exercised its option to fully acquire the Gidgee Gold Project in Western Australia's Gum Creek Greenstone Belt, setting the stage for near-term drilling backed by encouraging historical results and recent fieldwork.

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Albion Resources has secured an option to acquire the Gidgee Gold Project in Western Australia’s prolific Gum Creek Greenstone Belt, unlocking significant exploration potential backed by strong historical drilling results.

Albion Resources has advanced its exploration at the Yandal West Gold Project, identifying a previously unrecognised multi-kilometre gold corridor at Ives North while awaiting heritage study results that will shape upcoming drilling plans.

Albion Resources has identified a compelling geophysical and geochemical anomaly at its Ives North prospect, setting the stage for a high-priority drilling campaign in early 2026. The untested target lies near previous high-grade gold intercepts, promising significant exploration upside.