Evergold Minerals Limited (ASX: EG1) recorded a strong June quarter, with the successful completion of its maiden 2026 reverse circulation drilling programme at the Mt Monger Gold Project marking a key operational milestone. Final assay results confirmed broad and high-grade gold mineralisation at the Duchess of York Prospect, including a standout intercept of 25 metres at 3.47 g/t gold from 3 metres, including 1 metre at 52.7 g/t gold, representing the highest-grade result returned from the prospect to date. Initial drilling also confirmed gold mineralisation at the emerging Gladiator Prospect, supporting the Company's intrusive-related gold exploration model and paving the way for future drilling. During the quarter, Evergold secured WA Government co-funding for diamond drilling at Gladiator, completed a high-resolution drone magnetic survey across Mt Monger and advanced environmental studies at the Craig's Rest Prospect. The Company closed the quarter with a cash balance of AU$4.0 million, providing funding for its ongoing exploration programmes.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Evergold Delivers High-Grade Gold Results as Mt Monger Exploration Gains Momentum
Evergold Minerals Limited (ASX: EG1) recorded a strong June quarter, with the successful completion of its maiden 2026 reverse circulation drilling programme at the Mt Monger Gold Project marking a key operational milestone. Final assay results confirmed broad and high-grade gold mineralisation at the Duchess of York Prospect, including a standout intercept of 25 metres at 3.47 g/t gold from 3 metres, including 1 metre at 52.7 g/t gold, representing the highest-grade result returned from the prospect to date. Initial drilling also confirmed gold mineralisation at the emerging Gladiator Prospect, supporting the Company's intrusive-related gold exploration model and paving the way for future drilling. During the quarter, Evergold secured WA Government co-funding for diamond drilling at Gladiator, completed a high-resolution drone magnetic survey across Mt Monger and advanced environmental studies at the Craig's Rest Prospect. The Company closed the quarter with a cash balance of AU$4.0 million, providing funding for its ongoing exploration programmes.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au