New Age Exploration Limited has reported a second tranche of assay results from 13 reverse circulation and diamond drillholes completed during the Phase 2 drilling program at the Bella Prospect, part of the Lammerlaw Gold-Antimony Project in Otago, New Zealand.

The latest results confirm a large and continuous zone of alteration and gold mineralisation across the Bella Prospect and the broader Lammerlaw Mineral Trend. The structural corridor comprises a tectonic-stratigraphic package up to 100 metres thick that extends for more than five kilometres along strike, hosting gold, antimony, tungsten and associated mineralisation.

Drilling builds on the company's maiden Phase 1 program completed in April 2025. The standout intersection from the Phase 2 campaign remains hole LAMRC015 at the Bella Prospect, which returned vein-style intervals of 6 metres at 1.8 grams per tonne gold from 8 metres and 11 metres at 4.5 grams per tonne gold from 27 metres, including 1 metre at 19 grams per tonne, alongside a shear-hosted interval of 26 metres at 1.66 grams per tonne gold from 54 metres.

Chief Executive Officer Kirby Johnson said the project represents an emerging opportunity for the company.

“Lammerlaw is an exciting new opportunity for NAE. Three key messages: LAMRC015 at Bella is heavily mineralised, including 'Macraes-style' shear-hosted gold mineralisation. Secondly, Bella is wide open - and we will be drilling immediately to the south and west. And finally, the discovery at Bella 'lights up' the potential for the entire Lammerlaw Mineral Trend.”

— Kirby Johnson, Chief Executive Officer

Elsewhere in the Otago Gold District, Santana Minerals Limited reported assay results from infill drilling at its Bendigo-Ophir gold project in July 2026, featuring hole MDD528 which intersected 24.4m at 10.9 g/t gold from 165.7m depth.

The Lammerlaw Project remains at an early stage of exploration, and no Mineral Resource or Ore Reserve has been defined.

New Age Exploration expects to release the third and final tranche of assay results from the Phase 2 program in September 2026. Phase 3 drill planning is also underway to test high-priority targets immediately west and south of hole LAMRC015 during the third quarter of 2026, where mineralisation remains open along strike and at depth.

Read the full announcement: Lammerlaw Bella Prospect Assay Results