Highlights
Riversgold completes gold-focused drilling and modelling at Kalgoorlie East project
Polymetallic assays strengthen Saint John exploration in Canada
Wodgina East visit affirms lithium and iron ore strategic positioning
Riversgold Ltd (ASX:RGL) is advancing its exploration and development programs across a suite of gold, copper, and critical minerals projects in Western Australia and Canada. As a constituent of the All Ordinaries, the company’s focus spans resource modelling, drilling, and survey activities aimed at de-risking and scaling up its exploration assets.
Kalgoorlie East Project: Expanding high-grade gold zones
Resource modelling and drill programs
At the Kalgoorlie East–Northern Zone Gold Project, Riversgold has progressed resource modelling efforts with support from structural diamond drilling. A Program of Works was approved for a substantial drilling campaign aimed at expanding mineralisation within a defined porphyry system.
Ongoing drone magnetic surveys and metallurgical testing continue to refine the geological model. Assay data from recent reverse circulation and aircore drilling campaigns have confirmed the presence of multiple shallow gold intercepts, reinforcing the project’s gold profile.
Infrastructure alignment and permit advancements
Mining lease applications are underway, along with a Miscellaneous Licence that would facilitate ore haulage to third-party processing plants in proximity. This is positioned to support downstream efficiencies if future development stages proceed.
Saint John Project: Polymetallic potential gains traction
High-grade surface assays and geophysics
In New Brunswick, Canada, the Saint John Project has returned strong polymetallic rock-chip assay results from various prospects. These include high concentrations of gold, copper, silver, and antimony. A notable sample from the Prince of Wales prospect returned elevated levels of copper and silver, accompanied by high induced polarisation and chargeability metrics.
Surveys and drill target definition
Ground-based IP geophysics and drone-enabled MobileMT surveys are currently underway, enhancing sub-surface mapping to define priority drill targets. The company holds an approved plan to carry out a multi-phase drilling campaign to further evaluate the system’s mineralisation trends.
Wodgina East Project: Strategic location and critical mineral focus
Lithium and iron ore exploration context
Located in the Pilbara, the Wodgina East Project borders the producing Wodgina Lithium Mine and lies within logistical reach of the Utah Point terminal. The company completed a field visit that confirmed its compliance with expenditure conditions.
Historic rock chip sampling from the Mesa 2 area within the tenement has returned results indicating iron ore presence. The area is also flagged for its lithium-bearing geology, given its proximity to established spodumene-rich systems.
Frequently Asked Questions
- What is Riversgold focusing on at the Kalgoorlie East project?
The company is executing drill campaigns and geological modelling to support a maiden resource estimate. - Where is the Saint John Project located and what minerals are present?
It is in New Brunswick, Canada, with high-grade samples of copper, gold, silver, and antimony. - What makes the Wodgina East Project strategic for Riversgold?
It borders a major lithium operation and contains iron-bearing formations with port access nearby.