Evergold Minerals (ASX:EG1) has expanded the Katalina target and defined two new priority gold targets at its Leonora Goldfields Project in Western Australia following a regional surface geochemical program and detailed drone magnetic survey.
The company collected 1,312 surface geochemical samples across approximately 9km² between 19 June and 2 July 2026. The program expanded Katalina to a roughly 500m by 500m zone along strike from historical workings and defined new targets at Sirius and Jack’s Reward.
Katalina returned 24 samples at 10 parts per billion (ppb) gold (Au) or higher, including a peak result of 200ppb Au. Jack’s Reward delivered 150ppb Au within the interpreted Wonder structure, 3.5km along strike from Northern Star Resources’ (ASX:NST) 1-million-ounce Wonder gold deposit.
Meanwhile, the new Sirius target sits around 900m southwest of Katalina, with five samples returning 10ppb Au or higher, including two above 50ppb Au. According to Evergold, the target sits where a late-stage fault is interpreted to offset the Wonder structure.
Director Glenn Grayson says this work has moved Leonora from ‘broad’ regional prospectivity to “a much clearer set of drill-ready targets”.
“We can now see where the key structures intersect the strongest gold anomalism, giving us a far more focused basis for drilling,” Grayson says.
Evergold applied an anomalous threshold of over 10ppb Au, representing approximately the 92nd percentile of the sample population, compared with a median of 2.5ppb Au. A total of 116 samples returned 10ppb Au or higher, including 29 samples at 20ppb Au or higher.
The company reports that Shift Geophysics flew a detailed drone magnetic survey covering roughly 23km² from 13–15 July 2026. Data from the survey improved Evergold’s structural interpretation and provided greater definition of key structural corridors associated with the new targets.
Leonora hosts a JORC inferred mineral resource of 63,000 ounces of Au at 1.41 grams per tonne, including 48,600 ounces at 1.38g/t at Craig’s Rest. The three new targets lie within the same tenement package as Craig’s Rest.
Evergold intends to continue resource definition drilling at Craig’s Rest and is planning infill surface geochemistry alongside first-pass drill testing of Katalina, Sirius, and Jack’s Reward.
The company is also finalising heritage clearance across the region ahead of a reverse circulation (RC) drilling program.
At the company’s Mt Monger Project near Kalgoorlie, an aircore program reportedly finished early due to rig issues, with 7,000m completed. Initial results are pending, with an RC rig booked for October to follow up on drilling at Duchess of York and new targets prioritised from recent aircore drilling.
Evergold Minerals is an Australian explorer focused on discovering and developing gold assets across Australia.
Write to Paula Fabe at Mining.com.au
Images: Evergold Minerals
