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Evergold Minerals Limited (ASX:EG1)

ALERT: Price-sensitive ASX Announcement for EG1
Current share price for EG1 : $0.030 0.008 (36.36%)+
Announcement
Release
19 May 2026 9:28AM
Price at Release
$0.022
Full Release
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Summary
Evergold Minerals Limited has initiated RC drilling at the Mt Monger Project, targeting two key areas: high-grade shear-zone mineralisation at Duchess of York and a deeper intrusive-related system at Gladiator. The Duchess of York site is a priority due to previous high-grade gold intercepts found within the Bare Hill Shear Zone. Meanwhile, the Gladiator target is supported by a geological profile typical of large gold systems found in the Eastern Goldfields. This drilling marks a significant step in advancing Evergold's exploration efforts at Mt Monger and Leonora in 2026.
Key Points
  • Evergold Minerals Limited is commencing RC drilling at the Mt Monger Project.
  • The drilling targets high-grade shear-zone mineralisation at Duchess of York and a deeper intrusive-related system at Gladiator.
  • Historical drilling at Duchess of York reported significant gold intercepts.
  • The Mt Monger Project is within the Bare Hill Shear Zone, known for gold mineralisation.
  • The Gladiator target is supported by a geological signature associated with large gold systems.
  • Evergold is advancing exploration at Mt Monger and Leonora throughout 2026.
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.