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Evergold outlines 2027 exploration and resource definition plans

Evergold outlines 2027 exploration and resource definition plans

The company reported maiden reverse-circulation drilling results from Duchess of York including 25m at 3.47 g/t gold from 3m, including 1m at 52.74 g/t gold. It also reported a new Vanguard zone about 600m northwest of Duchess of York, where aircore drilling returned 19m at 0.86 g/t gold from 28m.

Evergold reported a JORC 2012 Inferred Mineral Resource of 63,000 ounces of gold at a 0.5 g/t gold cut-off, comprising 1.387 million tonnes at 1.41 g/t gold. Surface geochemistry and drone magnetic work also expanded the Katalina target and defined targets at Sirius and Jack's Reward, according to the presentation.

Under its proposed program, Evergold plans resource-definition RC drilling and metallurgical testwork at Duchess of York in late 2026, followed by a maiden Mineral Resource Estimate in the first quarter of 2027. Proposed work also includes drilling at Vanguard, Gladiator, Tiger Lily and Captain Hook.

The company said proposed activities and timing are indicative and subject to factors including results, funding, resource estimation, technical studies and regulatory approvals.

Source: Download EG1 official ASX announcement, 2026-11-06.

Photograph from Evergold Minerals’ Annual General Meeting announcement, dated 6 November 2026.