Evergold Minerals Limited (ASX: EG1), an Australian exploration company focused on discovering and developing gold projects across Australia, has announced the commencement of a significant 8,000-metre Reverse Circulation (RC) drilling program at its Mt Monger Gold Project in Western Australia. The company, which currently holds the Leonora Goldfields Project and the Mt Monger Gold Project in Western Australia’s Goldfields region, along with the Bynoe Project in the Northern Territory, initiated resource definition drilling at the Duchess of York prospect on November 11, 2026. This program is specifically designed to support a maiden Mineral Resource Estimate (MRE) for Duchess of York, which is targeted for early 2027.
Beyond resource definition, the comprehensive drilling initiative also includes exploratory RC drilling at Vanguard, a prospect now identified with a significant gold-arsenic anomaly spanning approximately 900 metres by 650 metres. Previous aircore drilling at Vanguard returned a notable intercept of 19 metres at 0.86 grams per tonne gold from 28 metres. The company notes that this anomaly largely coincides with a low-density body modelled from 3D gravity inversion, interpreted as a concealed sanukitoid intrusion. Additionally, extensional drilling is underway at Kiaki Soaks, where historical results indicated gold mineralisation over approximately 350 metres of strike, with a best historical intercept of 40 metres at 2.49 grams per tonne gold from 32 metres.
As these drilling activities progress, Evergold Minerals has also submitted samples for metallurgical test work from Duchess of York, with results anticipated in the coming weeks. Evergold Director, Glenn Grayson, commented that these programs set clear milestones for the year ahead, as the company works towards its goal of achieving first gold production from its portfolio by the second half of 2027. The combination of metallurgical work and resource drilling at Duchess of York is intended to guide the company towards this planned production target.
