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Goldarc Resources Limited (ASX:GA8)

ALERT: Price-sensitive ASX Announcement for GA8
Current share price for GA8 : $0.055 -0.006 (-9.84%)+
Announcement
Release
24 Aug 2026 8:05AM
Price at Release
$0.061
Full Release
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Summary
GoldArc Resources Limited has conducted two rounds of aircore drilling at the Whistler prospect, part of the E40/415 tenement in Western Australia. The first round identified four gold anomalous zones, with the strongest values found in a 100m wide zone, showing gold values up to 1,520 parts per billion (ppb). The second round, aimed at testing further south, confirmed coherent gold anomalism. Analysis of bottom-hole samples identified lithological units, with the strongest gold presence in deeply weathered tonalite, guiding future drilling. The company plans additional drilling to explore the gap between the two current drill fences, aiming to expand their gold resource base.
Key Points
  • Whistler prospect located in E40/415 tenement.
  • Two rounds of aircore drilling conducted.
  • First round identified four gold anomalous zones.
  • Strongest gold values up to 1,520 ppb.
  • Second round tested further south, confirming gold anomalism.
  • Deeply weathered tonalite associated with gold.
  • Future drilling planned to explore between current drill fences.
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.