Highlights
Aureka continues to extend gold mineralisation across key Victorian projects
Resolution shoot at Irvine returns positive assays from current drill campaign
Lawry prospect in Tandarra confirms strike extension and fertility
Aureka Ltd (ASX:AKA), part of the All Ordinaries, is continuing to build momentum across its Victorian gold exploration efforts, with notable updates from both the Irvine and Tandarra projects. The company’s diamond drilling programs have further confirmed mineralised extensions and newly identified targets that strengthen its exploration portfolio.
Focused on deepening its gold resource base, Aureka is pushing forward with high-priority drilling aimed at unlocking new geological insights and advancing its understanding of existing prospects.
Resolution Shoot Expansion Highlights Irvine Program
At the Irvine Gold Project, located within the Stawell Gold Corridor in Western Victoria, Aureka’s drill activities are centred on testing the down-plunge extension of the Resolution shoot. Results from current drilling indicate continuity of mineralisation associated with the inferred resource, validating prior geological modelling.
The project is situated in a historically prolific gold-producing region, and the confirmation of mineralisation reinforces Irvine’s status as a significant asset within Aureka’s growing resource base. Current efforts also include drilling of wedge holes to assess higher grade targets up-dip of existing intercepts.
Lawry Prospect Strengthens Tandarra System Potential
Aureka is also reporting fresh success from its Tandarra Project, where recent results from the Lawry prospect reinforce the presence of a robust mineralised system. Drilling continues to intersect gold-bearing structures, affirming continuity across strike and depth.
The Lawry strike remains open in multiple directions, with the current drilling program extending gold fertility and suggesting further exploration upside. This adds to the project's importance within Aureka’s Victorian strategy.
Tandarra is operated under a joint venture with Catalyst Metals (ASX:CYL), and is located within the Whitelaw Gold Corridor — a significant mineralised zone north of Bendigo that spans numerous structural controls associated with regional gold deposition.
Management Confirms Strategic Value and Next Steps
Managing Director James Gurry noted the significance of the discoveries made at both Irvine and Tandarra. According to Gurry, mineralisation on the western flank of the basalt and the probable extension of the Resolution shoot present encouraging developments. The company remains active with current drilling and anticipates further results from in-progress holes.
Aureka plans to maintain a robust drilling pipeline into the second half of the calendar year. The program will target both existing zones and emerging targets to support the company’s broader development ambitions across its Victorian portfolio.
Participation in Industry Event Supports Exposure
Aureka will be present at the upcoming Noosa Mining Investor Conference, scheduled for late July at Peppers Noosa Resort. This event provides a platform for the company to showcase its progress and engage with stakeholders. The company’s inclusion in this event aligns with its ongoing strategy to elevate project visibility and enhance industry engagement.