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Ordell Minerals Limited (ASX:ORD) has announced a major exploration update highlighting extensive surface gold anomalies across its wholly owned Goodia and Fisher South Projects in Western Australia. The company plans to begin initial air-core drilling at Goodia in the September Quarter 2026. At Goodia, a comprehensive geochemical sampling program has identified anomalous gold zones up to 1.8 kilometres long spanning 10 kilometres of strike. Meanwhile, the Fisher South Project’s recently completed 59-hole air-core drilling program yielded a top intercept of 14 metres at 150 parts per billion gold and detected anomalous tungsten concentrations reaching 1,718 parts per million. These findings mark significant progress for the junior explorer, which is advancing two projects regarded as substantially under-explored for gold, lithium, and base metals. Investors are expected to closely follow the upcoming Goodia drilling campaign as a potential catalyst for the share price.<\/p> <\/div>
Key Points<\/h3>
- Company: Ordell Minerals Limited (ASX:ORD)<\/li>
- Extensive surface gold anomalies identified over 10km strike at the 100%-owned Goodia Project in Western Australia following a 909-sample geochemical program completed in May 2026<\/li>
- Gold anomalous zones at Goodia extend up to 1.8km and remain open-ended; initial air-core drilling set to begin in September Quarter 2026<\/li>
- Fisher South’s 59-hole, 2,717-metre air-core drilling program returned a best intercept of 14m @ 150ppb Au from 45m depth in hole 26FSAC021, defining a gold anomalous zone over 2km strike<\/li>
- Elevated tungsten values up to 1,718ppm recorded from bottom-of-hole samples at Fisher South; further investigation required to assess significance<\/li>
- Investors should monitor Goodia’s September Quarter drilling results and ongoing infill drilling updates at Fisher South through June 2027<\/li>
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Goodia Project’s 909-Sample Geochemical Survey Defines 10 Kilometres of Gold Anomalism<\/h2>
In May 2026, Ordell Minerals completed an extensive soil geochemical sampling program at its Goodia Project, collecting 909 samples over 8 kilometres of strike with line spacings of 200m, 400m, and 800m and sample spacings between 50m and 100m. Combined with 2 kilometres of coverage from a November 2025 survey—which identified three coherent northern gold anomalies GD1, GD2, and GD3—the company has now assessed gold prospectivity along a total 10-kilometre strike length on the eastern Margin of the Goodia Dome.<\/p>
Additionally, 13 rock chip samples were collected during the May fieldwork and included in the company’s data sets. Sampling focused on the eastern flank of the Goodia Dome, extending south of the previously reported GD1 to GD3 anomalies. Ordell noted that sampling within drainage channels was ineffective for detecting gold mineralisation in saprolite and bedrock beneath, suggesting the true extent of anomalism may be broader than surface results indicate.<\/p>
Open-Ended Gold Zones Up to 1.8 Kilometres Long Set Stage for Initial Drilling at Goodia<\/h2>
The May 2026 survey revealed anomalous gold zones up to 1.8 kilometres in length that remain open-ended, indicating potential for the mineralised system to extend further along strike. When combined with the northern GD1 to GD3 anomalies, these zones represent strong targets for first-pass drill testing.<\/p>
Ordell confirmed air-core drilling will commence at Goodia in the September Quarter 2026 to provide the first subsurface evaluation of these gold anomalies. The proposed drill targets were selected based on the surface geochemical footprint and mark the first drilling focused on gold at the project. The company also highlighted Goodia’s under-explored status for gold, lithium, and base metals, with over 30 strike kilometres of prospective greenstone geology yet to be systematically tested, indicating this program is the start of a longer exploration campaign.<\/p>
Goodia Work Program Through December 2026 Includes Drilling, Sampling, and Heritage Surveys<\/h2>
Alongside the upcoming air-core drilling, Ordell has outlined a detailed work plan at Goodia through December 2026. This includes ongoing soil sampling to expand coverage southward, integration of historical exploration data into the project’s geological and GIS databases, and evaluation of previous gold, lithium, base metal, and nickel exploration on licences E63/2512 and E63/1953.<\/p>
Heritage surveys will be conducted as required under Western Australian regulations. The broad scope of the program reflects Ordell’s multi-commodity exploration approach, targeting lithium, base metals, and nickel alongside gold within the greenstone belt. Incorporating historical data is expected to guide the design of future, more focused drilling campaigns beyond the initial September Quarter drilling.<\/p>
Fisher South’s 59-Hole Air-Core Program Marks First Systematic Drilling in Southern Area<\/h2>
At Fisher South, Ordell completed a 59-hole air-core drilling program totaling 2,717 metres during the June Quarter 2026. Drilled on a 1,600m by 200m grid over the southern project area, this represents the first systematic drilling of regolith and stratigraphy beneath transported overburden, including lake clays, with cover depths ranging from 4m to 19m.<\/p>
All holes were vertical, ranging from 24m to 84m deep, averaging 46m. Intersected lithologies included mafic to ultramafic volcanics, fine-grained sedimentary rocks, felsic volcanics, and granite, variably weathered and foliated. The diverse rock types align with a complex greenstone belt stratigraphy, providing important context for interpreting geochemical results.<\/p>
Top Fisher South Drill Result: 14m at 150ppb Gold Within 2-Kilometre Anomalous Strike Zone<\/h2>
The standout intercept at Fisher South came from hole 26FSAC021, which intersected 14 metres at 150 parts per billion gold (0.15 g/t) from 45m depth to end-of-hole at 60m. This result was obtained in lower mafic saprolite at the northern end of an auger-defined gold anomaly originally identified in 2011, which extends over 1.6 kilometres to the south.<\/p>
Combined auger and drilling data suggest the anomalous zone extends more than 2 kilometres along strike, situated on the western margin of a gravity high coinciding with a structural feature interpreted from magnetic data and bounded by two northeast-trending faults. Such fault-bounded gravity highs are commonly linked to gold mineralisation in Western Australian greenstone terranes. Ordell plans infill drilling along this strike zone as part of its forward program through June 2027.<\/p>
Elevated Tungsten Values Up to 1,718ppm at Fisher South Introduce New Exploration Element<\/h2>
Multielement assays from 1-metre bottom-of-hole samples on Fisher South’s western side revealed anomalous tungsten concentrations, including 1 metre at 1,718 ppm tungsten from 36m depth in hole 26FSAC059 and 1 metre at 200 ppm tungsten from 39m depth in hole 26FSAC053. Tungsten anomalism is uncommon in greenstone-hosted gold systems and may indicate a separate mineralised system, possibly related to intrusive or skarn-style mineralisation.<\/p>
Ordell emphasized that further work is necessary to determine the source and significance of the tungsten anomalies. Tungsten is a critical mineral with growing industrial demand, especially in defence, energy transition, and advanced manufacturing sectors, potentially attracting investor interest if economic relevance is confirmed. The company has not provided guidance on the scale or grade of any tungsten system, and these results remain early-stage reconnaissance findings.<\/p>
Fisher South’s 12-Month Work Plan Targets Infill Drilling, Grid Expansion, and Historical Data Review<\/h2>
Ordell’s twelve-month work program at Fisher South through June 2027 includes resampling anomalous composite results from recent drilling to refine geological and geochemical models. Planned infill drilling along the interpreted strike of the gold anomaly associated with hole 26FSAC021 and the 2011 auger anomaly aims to better define continuity and grade potential.<\/p>
The company also intends to continue wide-spaced first-pass air-core drilling on a 1,600m grid to extend geochemical coverage north and northwest of the current area, indicating the recent program covered only part of the project’s prospective footprint. Evaluation of earlier gold, base metal, and nickel exploration in the northwest portion of licence E53/2143 is planned, alongside required heritage surveys. The longer timeframe compared to Goodia reflects the more extensive baseline work needed at Fisher South.<\/p>
100% Ownership and WA Location Enhance Exploration Value Proposition<\/h2>
Ordell Minerals holds 100% ownership of both Goodia and Fisher South Projects, retaining full exposure to any discoveries without dilution from joint ventures. This ownership structure is advantageous for junior explorers, preserving full upside potential for shareholders while concentrating the financial risk of exploration expenditures on the company.<\/p>
Both projects are located in Western Australia, a top-ranked mining jurisdiction known for regulatory transparency, infrastructure, and geological prospectivity. The greenstone belts hosting these projects have yielded numerous significant gold discoveries over the past 30 years, providing strong geological precedent. Michael Fowler, Ordell’s managing director and a Member of AusIMM, is the Competent Person for the disclosed exploration results and is also a director and shareholder of the company.<\/p>
Goodia’s September Quarter Drilling Campaign Poised as Key Near-Term Catalyst<\/h2>
With initial air-core drilling at Goodia confirmed for the September Quarter 2026, the next major event for Ordell investors will be the release of drilling results. These results will provide the first subsurface test of gold anomalies identified by the November 2025 and May 2026 geochemical programs, potentially confirming or refining current geological models.<\/p>
The immediate impact on Ordell’s share price from the current exploration update was unclear at the time of writing. Investors should recognize the inherent risks of exploration-stage companies and understand that positive surface geochemical results do not guarantee economically viable mineralisation at depth. Ordell has not disclosed any resource estimates, reserves, production, or revenue guidance, consistent with the early-stage status of both projects. Key upcoming milestones include the commencement and completion of Goodia’s air-core drilling and any subsequent assay result announcements.<\/p>
Goodia Project’s 909-Sample Geochemical Survey Defines 10 Kilometres of Gold Anomalism<\/h2>
In May 2026, Ordell Minerals completed an extensive soil geochemical sampling program at its Goodia Project, collecting 909 samples over 8 kilometres of strike with line spacings of 200m, 400m, and 800m and sample spacings between 50m and 100m. Combined with 2 kilometres of coverage from a November 2025 survey—which identified three coherent northern gold anomalies GD1, GD2, and GD3—the company has now assessed gold prospectivity along a total 10-kilometre strike length on the eastern Margin of the Goodia Dome.<\/p>
Additionally, 13 rock chip samples were collected during the May fieldwork and included in the company’s data sets. Sampling focused on the eastern flank of the Goodia Dome, extending south of the previously reported GD1 to GD3 anomalies. Ordell noted that sampling within drainage channels was ineffective for detecting gold mineralisation in saprolite and bedrock beneath, suggesting the true extent of anomalism may be broader than surface results indicate.<\/p>
Open-Ended Gold Zones Up to 1.8 Kilometres Long Set Stage for Initial Drilling at Goodia<\/h2>
The May 2026 survey revealed anomalous gold zones up to 1.8 kilometres in length that remain open-ended, indicating potential for the mineralised system to extend further along strike. When combined with the northern GD1 to GD3 anomalies, these zones represent strong targets for first-pass drill testing.<\/p>
Ordell confirmed air-core drilling will commence at Goodia in the September Quarter 2026 to provide the first subsurface evaluation of these gold anomalies. The proposed drill targets were selected based on the surface geochemical footprint and mark the first drilling focused on gold at the project. The company also highlighted Goodia’s under-explored status for gold, lithium, and base metals, with over 30 strike kilometres of prospective greenstone geology yet to be systematically tested, indicating this program is the start of a longer exploration campaign.<\/p>
Goodia Work Program Through December 2026 Includes Drilling, Sampling, and Heritage Surveys<\/h2>
Alongside the upcoming air-core drilling, Ordell has outlined a detailed work plan at Goodia through December 2026. This includes ongoing soil sampling to expand coverage southward, integration of historical exploration data into the project’s geological and GIS databases, and evaluation of previous gold, lithium, base metal, and nickel exploration on licences E63/2512 and E63/1953.<\/p>
Heritage surveys will be conducted as required under Western Australian regulations. The broad scope of the program reflects Ordell’s multi-commodity exploration approach, targeting lithium, base metals, and nickel alongside gold within the greenstone belt. Incorporating historical data is expected to guide the design of future, more focused drilling campaigns beyond the initial September Quarter drilling.<\/p>
Fisher South’s 59-Hole Air-Core Program Marks First Systematic Drilling in Southern Area<\/h2>
At Fisher South, Ordell completed a 59-hole air-core drilling program totaling 2,717 metres during the June Quarter 2026. Drilled on a 1,600m by 200m grid over the southern project area, this represents the first systematic drilling of regolith and stratigraphy beneath transported overburden, including lake clays, with cover depths ranging from 4m to 19m.<\/p>
All holes were vertical, ranging from 24m to 84m deep, averaging 46m. Intersected lithologies included mafic to ultramafic volcanics, fine-grained sedimentary rocks, felsic volcanics, and granite, variably weathered and foliated. The diverse rock types align with a complex greenstone belt stratigraphy, providing important context for interpreting geochemical results.<\/p>
Top Fisher South Drill Result: 14m at 150ppb Gold Within 2-Kilometre Anomalous Strike Zone<\/h2>
The standout intercept at Fisher South came from hole 26FSAC021, which intersected 14 metres at 150 parts per billion gold (0.15 g/t) from 45m depth to end-of-hole at 60m. This result was obtained in lower mafic saprolite at the northern end of an auger-defined gold anomaly originally identified in 2011, which extends over 1.6 kilometres to the south.<\/p>
Combined auger and drilling data suggest the anomalous zone extends more than 2 kilometres along strike, situated on the western margin of a gravity high coinciding with a structural feature interpreted from magnetic data and bounded by two northeast-trending faults. Such fault-bounded gravity highs are commonly linked to gold mineralisation in Western Australian greenstone terranes. Ordell plans infill drilling along this strike zone as part of its forward program through June 2027.<\/p>
Elevated Tungsten Values Up to 1,718ppm at Fisher South Introduce New Exploration Element<\/h2>
Multielement assays from 1-metre bottom-of-hole samples on Fisher South’s western side revealed anomalous tungsten concentrations, including 1 metre at 1,718 ppm tungsten from 36m depth in hole 26FSAC059 and 1 metre at 200 ppm tungsten from 39m depth in hole 26FSAC053. Tungsten anomalism is uncommon in greenstone-hosted gold systems and may indicate a separate mineralised system, possibly related to intrusive or skarn-style mineralisation.<\/p>
Ordell emphasized that further work is necessary to determine the source and significance of the tungsten anomalies. Tungsten is a critical mineral with growing industrial demand, especially in defence, energy transition, and advanced manufacturing sectors, potentially attracting investor interest if economic relevance is confirmed. The company has not provided guidance on the scale or grade of any tungsten system, and these results remain early-stage reconnaissance findings.<\/p>
Fisher South’s 12-Month Work Plan Targets Infill Drilling, Grid Expansion, and Historical Data Review<\/h2>
Ordell’s twelve-month work program at Fisher South through June 2027 includes resampling anomalous composite results from recent drilling to refine geological and geochemical models. Planned infill drilling along the interpreted strike of the gold anomaly associated with hole 26FSAC021 and the 2011 auger anomaly aims to better define continuity and grade potential.<\/p>
The company also intends to continue wide-spaced first-pass air-core drilling on a 1,600m grid to extend geochemical coverage north and northwest of the current area, indicating the recent program covered only part of the project’s prospective footprint. Evaluation of earlier gold, base metal, and nickel exploration in the northwest portion of licence E53/2143 is planned, alongside required heritage surveys. The longer timeframe compared to Goodia reflects the more extensive baseline work needed at Fisher South.<\/p>
100% Ownership and WA Location Enhance Exploration Value Proposition<\/h2>
Ordell Minerals holds 100% ownership of both Goodia and Fisher South Projects, retaining full exposure to any discoveries without dilution from joint ventures. This ownership structure is advantageous for junior explorers, preserving full upside potential for shareholders while concentrating the financial risk of exploration expenditures on the company.<\/p>
Both projects are located in Western Australia, a top-ranked mining jurisdiction known for regulatory transparency, infrastructure, and geological prospectivity. The greenstone belts hosting these projects have yielded numerous significant gold discoveries over the past 30 years, providing strong geological precedent. Michael Fowler, Ordell’s managing director and a Member of AusIMM, is the Competent Person for the disclosed exploration results and is also a director and shareholder of the company.<\/p>
Goodia’s September Quarter Drilling Campaign Poised as Key Near-Term Catalyst<\/h2>
With initial air-core drilling at Goodia confirmed for the September Quarter 2026, the next major event for Ordell investors will be the release of drilling results. These results will provide the first subsurface test of gold anomalies identified by the November 2025 and May 2026 geochemical programs, potentially confirming or refining current geological models.<\/p>
The immediate impact on Ordell’s share price from the current exploration update was unclear at the time of writing. Investors should recognize the inherent risks of exploration-stage companies and understand that positive surface geochemical results do not guarantee economically viable mineralisation at depth. Ordell has not disclosed any resource estimates, reserves, production, or revenue guidance, consistent with the early-stage status of both projects. Key upcoming milestones include the commencement and completion of Goodia’s air-core drilling and any subsequent assay result announcements.<\/p>
