Evergold Minerals Limited has expanded the Katalina target to 500 metres by 500 metres following a surface geochemical program and detailed drone magnetic survey across the Craig's Rest tenure within its Leonora Goldfields Project in Western Australia.

The surface geochemical survey, comprising 1,312 samples collected across approximately 9 square kilometres, returned a peak gold result of 200 ppb Au at Katalina, where 24 samples yielded values at or above the 10 ppb Au anomalous threshold. The program also defined two new priority targets at Sirius, located 900 metres southwest of Katalina, and Jack's Reward, situated a further 1 kilometre southwest. Jack's Reward returned 150 ppb Au, representing the second-best result of the program.

Integrated drone magnetic data flown by Shift Geophysics over 23 square kilometres mapped key structural corridors across the tenure. The magnetic interpretation indicates that the structural corridor hosting a neighbouring gold deposit extends into the southern portion of Evergold’s ground through Jack's Reward and Sirius.

The company's Leonora project hosts a JORC 2012 Inferred Mineral Resource of 63,000 ounces of gold at 1.41 g/t, including 48,600 ounces at 1.38 g/t at Craig's Rest. Evergold is currently in discussions to finalise Heritage Clearance across the region in preparation for a first-pass reverse circulation drilling program.

“This work has moved Leonora from broad regional prospectivity to a much clearer set of drill-ready targets. We can now see where the key structures intersect the strongest gold anomalism, giving us a far more focused basis for drilling. With new targets emerging alongside resource-definition work at Craig's Rest, we now have both discovery and resource growth opportunities advancing in parallel.”

— Glenn Grayson, Director

Meanwhile, at the company's Mt Monger Gold Project acquired in February 2026 through the issuance of 8,620,690 ordinary shares to Metallium Limited, an aircore drilling campaign was finalised early at 7,000 metres due to rig issues, falling short of the originally planned 13,000 metres. Initial results from the aircore program are pending.

Evergold has booked a reverse circulation rig for October 2026 to conduct follow-up drilling at the Duchess of York prospect and newly prioritised targets.

Read the full announcement: Exploration Update Leonora and Mt Monger