Accelerate Targets New Gold Zones at Kanowna East
Konrad Forrest

20 May 2025 | West Perth, WA – Accelerate Resources (ASX:AX8) has identified multiple high-impact drill targets at its 100%-owned Kanowna East Gold Project, just 9km from Northern Star’s +6Moz Kanowna Belle deposit, following recent gravity survey data and structural analysis.
The company is preparing to launch new drilling programs at its Western Tiger and Little Lake prospects, both located within a structurally complex corridor associated with the Reidy and Mt Monger Faults in WA’s Eastern Goldfields.
Key Highlights:
🔹 Western Tiger Prospect
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600m-long gold-rich paleochannel with widths up to 140m
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Past intercepts include:
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8m @ 4.5g/t Au (KEAC373)
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5m @ 2.2g/t Au (KEAC006)
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New geochem and gravity data reveal a felsic intrusion below mineralisation
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Upcoming RC drilling aims to extend known gold zone 500m NW and define a maiden JORC resource
🔹 Little Lake Prospect
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New gravity data defines a NE-trending shear zone between fault intersections
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Targeting basement-hosted mineralisation under cover, analogous to Garden Well (+3Moz)
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Initial drilling will focus on structurally favourable zones near historical gold hits
With $3M in cash and recent funding from a $2M non-core asset sale, Accelerate is fully funded to execute its exploration strategy.
CEO Luke Meter commented:
“We’re advancing high-quality targets in a world-class gold belt, just a short haul from multiple toll treatment options. This next drill phase could be pivotal in unlocking the value of Kanowna East.”
Further work is also planned at regional prospects including Perkolilli, Dingo Dam, and Dingo Dam South.