North Stawell Minerals (ASX:NSM) has confirmed a mineralised trend at the Caledonia prospect from the North Stawell Project in Victoria, Australia.
The company conducted a surface geochemistry program, including a test line along 1.6km, which highlighted anomalous gold in line with the Darlington-Caledonia trend.
The anomaly is defined to have a width of 300m across the interpreted position of the trend. North Stawell intends to extend the geochemistry campaign to define the surface trace of mineralisation under shallow cover.
Executive Director Bill Reid says the test line identified the trend in the south through Caledonia to the north.
“The geochemistry results at Caledonia, although subtle, are exceptionally coherent, with all significant results clustering into the interpreted mineralisation trend,” Reid says.
“This is a significant improvement on the historic geochemistry data, which was unconvincing and/or inconclusive in identifying surface gold trends at Caledonia.
“The results from the new surface geochemistry method give NSM the confidence to expand the sampling grid northward to assess mineralisation trends beyond the areas already tested by drilling.”
Previous results from drilling along the Darlington-Caledonia trend include 2.3m @ 29.2 grams per tonne gold from 108.2m, 1m @ 12.15g/t gold from 36m, and 4m @ 10.77g/t gold from 60m.
North Stawell Minerals is a gold explorer focused on discovering large-scale deposits in the Stawell Mineralised Corridor in Victoria.
The company is attending the RIU Explorers Conference in Fremantle, Western Australia, held from 17-19 February 2026. Mining.com.au is a media partner for the conference.
Write to Maddison Elliott at Mining.com.au
Images: North Stawell Minerals
