Join our daily newsletter At The Bell to receive exclusive market insights
Ordell Minerals Ltd (ASX:ORD) has identified the McNabs East target in the Barimaia Gold Project in Western Australia to be a high-priority target, finding extensive gold mineralisation there through a limited diamond drilling program.
The drilling program – carried out in November and December – picked up intercepts such as 22.70 metres at 4.09 grams per tonne (g/t) of gold from 71.3 metres in one hole, including 1.0 metre at 36.00 g/t from 76.0 metres.
Other results at McNabs East included 22.80 metres at 1.78g/t Au from 62.2 metres; and 12.00 metres at 1.85g/t Au from 152.0 metres, including 5.78 metres at 3.36g/t Au from 158.2 metres.
Taken together, the drilling results indicate an extensive zone of gold mineralisation now defined at shallow depths on McNabs East’s western side, with this remaining open along strike and untested at depth.
The diamond drilling work, which comprised 426 metres, was completed as part of an ongoing program to systematically test the currently defined 2.5-kilometre strike extent of gold mineralisation at Barimaia at shallow depths.
Ordell’s managing director Michael Fowler said the results showed Barimaia – located in WA’s Murchison region – would be keeping the company busy throughout much of 2025.
“This is a great way to start the New Year with assays showing that the limited diamond drilling completed in November and December last year has intersected broad zones of high-grade gold mineralisation, helping to confirm the orientation, lithologies and geometry of the significant mineralisation discovered on the western side of the McNabs East Prospect,” he said.
“Further extensional and in-fill drilling will now commence at Barimaia in February to follow up the wide zones of shallow gold mineralisation intersected within the targeted felsic intrusion host rock.
“A program of ~5,000m of RC drilling is being finalised using information gained from the diamond drilling program.”
Ordell has been trading at 37 cents.
Join the discussion: See what HotCopper users are saying about Ordell Minerals and be part of the conversations that move the markets.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
