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Evergold Minerals Limited (ASX:EG1)

ALERT: Price-sensitive ASX Announcement for EG1
Current share price for EG1 : $0.028 0 (0%)+
Announcement
Release
1 Apr 2026 9:35AM
Price at Release
$0.028
Full Release
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Summary
Evergold Minerals Limited has announced a new gold target at the Gladiator Prospect, part of their Mt Monger Gold Project in Western Australia. The discovery was made through a combination of soil geochemical surveys and a high-resolution ground gravity survey. A total of 489 soil samples revealed a coherent north-trending gold-in-soil anomaly over an 800-metre strike length, which aligns with a newly mapped gravity feature indicating a potential mineralised structure. Significant soil anomalies include peak gold values of up to 123 ppb. Evergold plans to commence air core drilling to further explore the Gladiator Prospect, while reverse circulation drilling is impending at the nearby Duchess of York Prospect. The findings suggest the potential for a structurally controlled, intrusion-related gold system along the Bare Hill Shear Zone.
Key Points
  • Maiden regional soil sampling survey identifies gold anomaly at Gladiator Prospect.
  • Coherent gold-in-soil anomaly aligns with newly mapped gravity feature.
  • Peak gold values include 123 ppb, with 10 samples returning >70 ppb.
  • RC and air core drilling programs are planned to further explore the targets.
  • The Gladiator anomaly is associated with a mineralised structure at shallow depth.
  • Prospect is part of Evergold's systematic exploration of the Mt Monger Gold Project.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.