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WA Gold Limited (ASX:WAU)

ALERT: Price-sensitive ASX Announcement for WAU
Current share price for WAU : $0.016 -0.001 (-5.88%)+
Announcement
Release
4 Aug 2026 9:39AM
Price at Release
$0.017
Full Release
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Summary
WA Gold Limited announced significant high-grade gold intercepts at the Abercromby Gold Project, confirming the continuity of the gold mineralisation system. The results from seven diamond drill holes reinforce the geological model and bolster confidence in the company's resource development strategy. The drilling confirmed continuity of mineralisation over a 500m strike length and revealed high-grade intervals, with grades reaching up to 35.21 g/t Au. These findings support ongoing efforts to enhance the mineral resource and progress toward a possible development decision, with further drilling and development studies planned.
Key Points
  • High-grade gold intercepts confirm continuity at Abercromby.
  • Significant grades up to 35.21 g/t Au were recorded.
  • Seven diamond drill holes completed, all intersecting targeted lode.
  • Continuity confirmed over a minimum strike length of 500m.
  • The mineralised system remains open in all directions.
  • Thick alteration zones indicate a potentially larger gold system.
  • 6,000m of additional drilling planned to enhance resource confidence.
  • Results align with resource development strategy and Scoping Study.
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.