New Age Exploration has appointed a drilling contractor to carry out its Phase 1 drilling campaign at the Wallah Silver Project in New South Wales.

The program comprises two holes for approximately 300 metres of total drilling, using pre-collar, open-hole percussion with a diamond tail. Drilling is scheduled to commence in the first week of September, with the program expected to take 10 to 12 days to complete.

The Phase 1 campaign will test the down-dip extension of known high-grade silver-polymetallic mineralisation beneath the historic Walla Walla Silver-Lead Mine, where previous drilling indicates that grade increases with depth. New Age Exploration completed the 100% acquisition of the project on June 30, 2026, for an initial consideration of A$100,000 in cash and 57,142,857 ordinary shares.

“With our drilling contractor now appointed, we're excited to get rigs turning at Wallah within the next week. This first phase is specifically designed to test whether the high-grade mineralisation known to sit beneath the historic Walla Walla mine keeps getting better at depth, as our previous drilling suggested. It's a tightly targeted program, and assay results should be in hand within weeks of completion.”

Chief Executive Officer Kirby Johnson

Assay results from the program are expected in early Q4 CY26, while planning is well advanced for a Phase 2 drilling program targeting induced polarisation anomalies along strike to the north and south of the historic mine.

Read the full announcement: Wallah Silver Project - Drilling Contractor Appointed