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WA Gold Limited (ASX:WAU)

ALERT: Price-sensitive ASX Announcement for WAU
Current share price for WAU : $0.016 -0.009 (-36%)+
Announcement
Release
3 Jun 2026 9:29AM
Price at Release
$0.025
Full Release
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Summary
WA Gold Limited (ASX: WAU) is advancing its Bullabulling Project located 30 km west of Coolgardie, Western Australia. The project, adjacent to the Bullabulling Gold Mine owned by Minerals 260, has identified multiple high-priority gold targets through detailed geophysical and geochemical studies. A drill campaign is set to begin in June 2026, focusing on extensions of the Bullabulling Shear Zone (BBSZ) into WA Gold's tenure. The project is fully funded and includes planned sub-audio magnetics (SAM) geophysical surveys to refine targets. WA Gold remains the only significant independent tenement holder in the Bullabulling region following Minerals 260's recent acquisitions.
Key Points
  • Drill campaign to commence at Bullabulling Project in June 2026 with up to 10,000m of drilling planned.
  • WA Gold Limited targets continuation of Bullabulling Shear Zone (BBSZ) into its tenure.
  • Geophysical and geochemical studies identify multiple high-priority gold targets at Bullabulling West, North, and East.
  • Previous reconnaissance drilling confirmed near-surface, high-grade gold.
  • SAM geophysical survey planned to identify shear-hosted gold mineralised structures.
  • WA Gold Limited is the only significant independent tenement holder in the Bullabulling region post Mi6's acquisition.
  • The project is fully funded for ongoing exploration.
  • WA Gold engaged Resource Potentials for data processing and targeting review to identify gold targets.
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.