GoldArc Resources has reported its strongest intercept to date from the Mt Stirling Well deposit within its Leonora North Gold Project in Western Australia, returning 2 metres at 69.7 g/t gold from 23 metres, including 1 metre at 137.0 g/t gold.

The fifth batch of grade control results comprises 85 reverse circulation holes for approximately 2,245 metres. Standout intervals from the batch also included 1 metre at 29.5 g/t gold from 24 metres, 1 metre at 10.9 g/t gold from 27 metres, and 1 metre at 8.72 g/t gold from 22 metres. Five consecutive assay batches have now returned high-grade results at Mt Stirling Well, confirming narrow, high-grade quartz-vein-hosted shoots consistent with the deposit's geological model and its Inferred Mineral Resource of 198,000 tonnes at 2.3 g/t gold.

The broader grade control program across the Leonora North hub has now completed approximately 27,537 metres, with operational focus shifting toward the final phase at Mt Stirling Well. BML Ventures is fully funding the drilling under a 50/50 net profit-sharing arrangement, while GoldArc retains 100% ownership of the Mt Stirling and Mt Stirling Well tenements. The close-spaced data feeds directly into mining models being prepared alongside BML Ventures.

"Mt Stirling Well has now returned high-grade results in five consecutive batches, and this batch includes the best intercept we have recorded at the deposit. What matters for shareholders is that this is close-spaced data going straight into the mining models, and BML Ventures is funding all of it. We are in the final phase of the program with mine planning underway."

— Paul Stephen, Managing Director

GoldArc plans to release remaining grade control assay batches as results are received and intends to commence a ~6,600-metre reverse circulation program in August 2026 to test soil gold anomalies around the Mt Stirling deposits.

Read the full announcement: GoldArc Extends High-Grade Coverage at Mt Stirling Well