Albion Resources Uncovers Exceptional Gold Discovery at Untested Ives North Corridor
Albion Resources (ASX:ALB) has delivered an exceptional gold discovery at Albion Resources at its Yandal West Gold Project, defining a new multi-kilometre gold corridor at Ives North that has never been drill-tested. The company's systematic exploration approach has revealed rock chip samples returning up to 42.1g/t gold, supported by elevated silver (26g/t), bismuth (71ppm), tellurium (52ppm), and molybdenum (6.7ppm) – a geochemical signature indicating a highly fertile intrusion-related system.
The discovery centres on a 1.5km x 700m coherent gold-in-soil anomaly peaking at 51ppb Au, aligned with major structural corridors and granite-greenstone contacts identified through advanced magnetic and gravity surveys. Furthermore, located just 2km northwest of the high-grade Collavilla prospect, where drilling returned 11m @ 20.0g/t Au, Ives North represents one of the most compelling undrilled targets in Western Australia's prolific Yandal Greenstone Belt.
CEO Peter Goh commented:
"This new interpretation marks a genuine step forward in understanding the Ives Granite system. We've defined multiple 1km-scale corridors within the granite margin, supported by strong geochemical and geophysical evidence. With Collavilla's success just 2km to the south, Ives North stands out as one of our most exciting undrilled targets within Yandal West."
High-Grade Gold Discovery Validates Structural Framework
The Ives North corridor demonstrates exceptional grade continuity across multiple sample points, with 26 rock chip samples delivering standout results including 22.4g/t Au and 9.5g/t Au alongside the peak 42.1g/t Au reading. These high-grade intercepts occur along major northwest and northeast-trending fault structures, interpreted as primary fluid pathways within the granite margin.
Key Geochemical Results
| Sample ID | Gold (g/t) | Silver (g/t) | Bismuth (ppm) | Molybdenum (ppm) | Tellurium (ppm) |
|---|---|---|---|---|---|
| ALBGR047 | 42.14 | 18.1 | 5.04 | 2.6 | 8.3 |
| ALBGR040 | 22.35 | 3.35 | 44.17 | 6.7 | 51.7 |
| ALBGR032 | 9.46 | 3.86 | 15.74 | 1.1 | 3.4 |
| ALBGR044 | 6.80 | 19.0 | 44.7 | 5.1 | 16.9 |
| ALBGR050 | 8.52 | 26.26 | 18.64 | 1.8 | 17.7 |
The soil sampling programme covering 219 samples on a 100m x 100m grid outlined pathfinder element distributions consistent with an intrusion-related gold system (IRGS). Moreover, the tungsten-molybdenum-tellurium-bismuth pathfinder suite indicates magmatic-hydrothermal fluid input typical of high-grade granite-hosted deposits throughout the Yilgarn Craton.
Understanding Intrusion-Related Gold Systems
Intrusion-related gold systems (IRGS) represent some of the highest-grade discoveries in Western Australia, formed when late-stage mineralising fluids from cooling granite intrusions migrate along structural pathways and precipitate gold within quartz-sulphide veining. These systems are characterised by their association with pathfinder elements including bismuth, tellurium, tungsten, and molybdenum – precisely the geochemical signature identified at Ives North.
IRGS deposits typically occur at structural intersections and dilational zones where fluid pressure drops, creating favourable trapsites for gold deposition. The Ives Granite margin provides an ideal geological setting, with mafic rafts and fault zones acting as both structural controls and chemical traps for mineralising fluids.
Why This Matters for Investors: IRGS deposits often deliver higher grades than typical orogenic gold systems and can maintain grade continuity over significant strike lengths. In addition, the presence of multiple 1km-scale fault corridors at Ives North suggests potential for a substantial gold system with multiple mineralised zones.
Fast-Track Development Timeline Accelerates Value Creation
Albion's systematic approach to target generation has created a robust pipeline of near-term drilling opportunities across the Yandal West Project. Consequently, the company's immediate priorities focus on maximising shareholder returns through strategic sequencing of high-impact targets.
November 2025 – March 2026 Development Milestones
- Early November 2025: Gradient Array IP survey commences at May Queen to map sulphide-rich zones
- Mid-November 2025: RC drilling mobilisation targeting May Queen corridor and Duck-Duckling prospects
- November-December 2025: Heritage survey completion for Ives North drilling access
- Early 2026: First-pass drilling at Ives North following heritage clearance
- Q1 2026: Regional structural mapping and additional target definition
The company's decision to fast-track heritage studies demonstrates management's confidence in this gold discovery at Albion Resources and commitment to converting geological success into drilling results within a compressed timeframe.
Strategic Focus:
Albion has systematically built a funnel of high-quality targets across the project, with Ives North rapidly rising to the top of drilling priorities due to its exceptional geochemical signature and structural setting.
Investment Thesis: Premium Position in Tier-One Gold Belt
Albion Resources has positioned itself within one of Australia's most prolific gold districts, where major consolidation activity validates the strategic value of quality landholdings. However, the Yandal Greenstone Belt hosts world-class operations including Northern Star Resources' Jundee and Bronzewing mines, creating a proven geological and infrastructure framework for new discoveries.
Strategic Value Drivers
| Factor | Albion Advantage | Industry Context |
|---|---|---|
| Location | Prime Yandal Belt tenure | $61M Millrose acquisition by NST (2023) |
| Discovery Track Record | 11m @ 20.0g/t Au at Collavilla | $45M STK Yandal divestment (2025) |
| Exploration Pipeline | 17 new regional targets identified | Major infrastructure accessibility |
| Geological Understanding | Advanced geophysical interpretation | IRGS system validation |
Recent transactions underscore the premium valuations attached to quality Yandal Belt assets. For instance, Northern Star Resources' $61 million acquisition of the approximately 350,000oz Millrose deposit in June 2023, when gold prices were below US$2,000/oz, demonstrates the strategic value placed on proven resources within the belt.
The company's 80% ownership of key tenements E53/1612 and E53/1816, plus 100% control of E53/1369, provides significant leverage to any discovery success whilst maintaining operational flexibility for development decisions.
Why Investors Should Monitor Albion Resources
Albion Resources represents a compelling exploration story with multiple value catalysts converging over the next six months. Furthermore, the company's systematic target generation has created a portfolio of high-probability drilling opportunities, headlined by the exceptional Ives North discovery and supported by proven success at nearby Collavilla.
The combination of untested high-grade targets, proven geological systems, and accelerated development timelines positions Albion for significant re-rating as drilling results validate the interpreted structural framework. Additionally, management's track record of converting geological theory into drilling success, demonstrated by the 11m @ 20.0g/t Au Collavilla intercept, provides confidence in the company's technical approach.
Immediate Catalysts Include:
- November 2025 drilling commencement at priority targets
- Geophysical survey results defining additional drill-ready prospects
- Heritage clearance enabling Ives North drilling access
- Regional exploration expanding the target inventory
Investment Highlights:
Albion Resources has established itself as a significant player in the Yandal Greenstone Belt, with exceptional discovery potential demonstrated through systematic exploration and validated by high-grade drilling success. The untested Ives North corridor represents one of the most compelling near-term catalysts in the Australian gold exploration sector.
The company's strategic position within a consolidating gold district, combined with management's proven ability to generate and test high-quality targets, creates multiple pathways for substantial shareholder returns. Consequently, as the exploration programme advances through 2025 and into 2026, this gold discovery at Albion Resources continues to demonstrate exceptional potential for significant value creation within one of Australia's premier gold mining regions.
Could Albion Resources Be Your Next High-Grade Gold Discovery Play?
With exceptional grades up to 42.1g/t gold defining a new multi-kilometre corridor at Ives North, combined with accelerated drilling programmes beginning November 2025, Albion Resources presents compelling near-term catalysts for investors seeking exposure to premium Yandal Belt exploration assets. To explore the full investment opportunity and stay updated on drilling developments across this expanding portfolio of high-probability targets, visit Albion Resources' website for comprehensive project details and investor information.
