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WA Gold Limited (ASX:WAU)

ALERT: Price-sensitive ASX Announcement for WAU
Current share price for WAU : $0.011 -0.01 (-47.62%)+
Announcement
Release
18 Aug 2026 8:33AM
Price at Release
$0.021
Full Release
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Summary
WA Gold Limited (ASX: WAU), an Australian gold development company, has reported promising results from its reconnaissance drilling at the Bullabulling Project in Western Australia. The project spans 21 prospecting and exploration licences and is positioned strategically between significant gold projects, offering potential continuity of mineralisation along a north-south trending gold belt. The recent drilling identified notable gold anomalies at the end of drill holes, which, along with historical data, suggest a +20ppb gold anomalous trend extending over 2.6km. Upcoming geophysical surveys, including a Sub-Audio Magnetics (SAM) survey scheduled for September 2026, are expected to provide further insights into the structural geology and help refine targets for a planned deeper Reverse Circulation (RC) drilling program scheduled for October 2026. WA Gold is actively engaging with the Marlinyu Ghoorlie Native Title Group to advance exploration activities responsibly.
Key Points
  • WA Gold Limited reports gold anomalies from reconnaissance drilling.
  • Project located 30km west of Coolgardie, Western Australia.
  • Drilling identified +20ppb gold anomalous trend over 2.6km.
  • Sub-Audio Magnetics (SAM) survey planned for September 2026.
  • Planned deeper RC drilling in October 2026.
  • Engagement with Marlinyu Ghoorlie Native Title Group for project development.
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.