Albion Resources Strikes High-Grade Gold Discovery at Collavilla

High-Grade Gold Strike at Collavilla Expands with Significant Silver Credits

Albion Resources (ASX:ALB) has announced promising results from its ongoing drilling program at the Yandal West Gold Project, with new assays confirming mineralisation remains open at depth and revealing significant silver credits that could enhance the project's economics.

Drilling Success Confirms Resource Potential at Depth

Recent assay results from 25 RC holes totaling 2,061 meters have returned impressive gold intercepts that extend mineralisation approximately 50 meters down-dip from previous high-grade hits. Standout results include:

• 2m at 11.0 g/t Au from 52m within 4m at 6.8 g/t Au within 11m at 2.6 g/t Au (ALBRC035)
• 4m at 2.3 g/t Au from 60m within 15m at 0.7 g/t Au (ALBRC033)

"These results continue to demonstrate high grade mineralisation at Collavilla, where high-grade gold is accompanied by silver and base-metal credits that may enhance the prospectivity of the project," commented Albion's CEO Peter Goh. "Importantly, drilling confirms mineralisation remains open at depth, providing strong vectors for the next phase of drilling."

Multi-Element Analysis Reveals Significant Silver Credits

Perhaps the most significant development is the confirmation of substantial silver and base metal credits accompanying the gold mineralisation. Multi-element assays from selected holes returned impressive results:

• 5m at 38.9 g/t Au, 49.5 g/t Ag, 0.39% Pb+Zn from 17m within 11m at 20 g/t Au, 33 g/t Ag, 0.22% Pb+Zn (ALBRC006)
• 3m at 15.6 g/t Au, 34.9 g/t Ag, 0.34% Pb+Zn from 36m (ALBRC017)
• 4m at 19.2g/t Au, 20.5 g/t Ag, 0.48% Pb+Zn from 55m (ALBRC018)

These results point to potential polymetallic mineralisation that could significantly enhance the economic potential of any future resource defined at the project.

Understanding Intrusion-Related Gold Systems

The multi-element analysis at Collavilla has revealed geochemical signatures characteristic of intrusion-related gold systems. The presence of elevated copper (up to 0.22%), bismuth (up to 15 ppm), and tellurium (up to 70.8 ppm) are classic indicators of this deposit style.

What is an intrusion-related gold system?

Intrusion-related gold systems are mineral deposits formed when metal-rich fluids are expelled from cooling magmatic intrusions, often granites. These systems typically feature:

• Gold mineralisation associated with bismuth, tellurium, and tungsten
• Zoned metal distribution patterns radiating from the intrusive centre
• Structural controls on mineralisation (faults and fractures)
• Multiple stages of mineralisation

For investors, intrusion-related gold systems can be particularly valuable as they often form predictable patterns that aid in exploration targeting, and they frequently contain by-product metals (like silver and base metals) that can improve project economics.

Regional Exploration Reveals Additional Gold Targets

While Collavilla remains the primary focus, Albion's regional exploration across the broader Ives Find area has identified encouraging gold mineralisation at several other prospects, including:

• Camp: 2m at 0.5 g/t Au from 27m and 19m at 0.2 g/t Au from 4m
• Collavilla East: 2m at 0.4 g/t Au within 14m at 0.17 g/t Au from 10m
• Boiler Room: 4m at 0.2 g/t Au from 118m

These results demonstrate the fertility of the Ives Granite system, which extends for 4.5km by 750m, with only a small portion tested to date. Previous significant intercepts at other prospects include 4m at 7.5 g/t Au at Duck and 6m at 5.7 g/t Au at Duckling.

Strategic Position in the Yandal Greenstone Belt

Albion's Yandal West Project occupies a strategic position in the northern segment of the highly endowed Yandal Greenstone Belt, home to world-class gold operations including Northern Star Resources' Jundee and Bronzewing mines, as well as the Wiluna Gold Mine.

The region has seen significant corporate activity in recent years:

• Northern Star Resources acquired the ~350koz Millrose deposit for A$61 million in June 2023
• Strickland Metals recently divested its Yandal Project for A$45 million on June 30, 2025

This corporate activity underscores the strategic importance of Albion's landholding and the potential value that could be unlocked through continued exploration success.

What's Next for Albion Resources

Albion has outlined a comprehensive exploration program to build on these encouraging results:

• Final drill results (~1,400 meters and 12 holes remaining) expected within 3 weeks
• Gravity survey now underway at the May Queen Area
• IP survey planned at May Queen in the coming weeks
• Recently completed rock chip and soil sampling at Collavilla North with results expected within 6 weeks
• Planning for a third phase of drilling at the Yandal West Project, pending Heritage surveys

Why Investors Should Track Albion Resources

Albion Resources presents a compelling investment opportunity for several key reasons:

1. High-grade gold with silver credits – The combination of high-grade gold and significant silver values enhances the potential economics of any future resource.

2. Open mineralisation at depth – Recent drilling confirms the system remains open at depth, providing strong potential for resource growth.

3. Strategic location – Positioned in the heart of the Yandal Greenstone Belt, a tier-one gold district that continues to attract significant corporate interest.

4. Multiple exploration targets – With numerous untested targets across the broader project area, Albion has a strong pipeline of potential catalysts ahead.

5. Active exploration program – The company is executing a methodical, multi-pronged exploration approach with results expected over the coming weeks and months.

"With Albion holding a strategic position in the heart of the Yandal Greenstone Belt, a region that continues to attract significant corporate interest and transactions – we are well placed to deliver value through exploration success," notes CEO Peter Goh.

Want to Discover Albion's Full Gold and Silver Potential?

To learn more about Albion Resources' impressive high-grade gold and silver results at the Yandal West Project and their strategic position in the prolific Yandal Greenstone Belt, visit their website. With open mineralisation at depth and multiple exploration targets, Albion presents a compelling investment opportunity in one of Australia's premier gold districts.