WIN Metals (ASX:WIN) has reeled in the final assay results from its maiden CY25 drilling at Radio, and it’s all good news: The gold explorer is now sure there’s shallow mineralisation at both the historic Radio South and Green Harp mines, as well as several near-surface intercepts around the Radio Mill area.
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“Radio continues to evolve as an exciting growth opportunity, with this latest set of results adding further scale and confidence to a high-grade, multi-target gold system,” WIN’s managing director, Steve Norregaard, said.
At both Radio South and Green Harp, mineralisation remains open down-dip and along strike, a now “confident” WIN Metals happily reported today.
Close by, in the Radio Mill area, the company spotted a flat-lying veneer of gold-bearing materials, with results including 0.5 metres at 2g/t gold and one metre at 1.25g/t gold. Both intercepts started from the target’s surface.
And maybe most importantly, surface sampling at Repeater confirmed that the main lode extends all the way to the surface; those assays came back up to 29.6 grams per tonne gold within the pit floor. This, WIN explained, is extremely valuable data considering drilling is a little constrained by existing workings.
“Shallow mineralisation at Radio South and Green Harp, combined with near-surface material around the historic Radio Mill and outcropping lode mineralisation at Repeater, provides additional pathways to advance the Radio Gold Project towards a restart,” Mr Norregaard declared today.
While that goal will, of course, be subject to necessary studies and regulatory approvals, it sounds like WIN’s confident things will get going again this year.
“As we move into CY26, our focus is on defining additional mineral resources, optimising mine designs for both open pit and underground development scenarios that may lead to a successful restart,” Mr Norregaard said.
To that end, WIN will now be looking to update the MRE in Q1; it will start additional resource drilling through the same quarter. Then, mine design and scheduling will be due in Q2, as will relevant development studies. Mid-CY26 will be when WIN looks to seal away any approvals and funding moves.
To Wednesday lunchtime, WIN has been selling at 3.8cps.
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