InvestSMART

Albion Resources Limited (ASX:ALB)

ALERT: Price-sensitive ASX Announcement for ALB
Current share price for ALB : $0.057 -0.018 (-24%)+
Announcement
Release
13 Oct 2025 8:24AM
Price at Release
$0.075
Full Release
download
Summary
Albion Resources Limited announced exploration advancements at its Yandal West Project, situated within a 5km corridor exhibiting Bronzewing-style gold mineralisation. Geochemical analysis identified concurrent gold, tungsten, and bismuth anomalies across eight new target areas, supporting the presence of an extensive gold system, similar to the one at the Bronzewing Deposit. Further exploration activities, including a Gradient Array IP survey and soil sampling, are underway, with drilling scheduled for mid-November 2025 to explore these high-priority targets.
Key Points
  • Albion Resources Limited's Yandal West Project is located in the Yandal Greenstone Belt.
  • The project area is described as a 5km Bronzewing-style gold-bearing corridor.
  • Geochemical analysis shows significant gold, tungsten, and bismuth trends.
  • Eight new target areas have been identified for exploration.
  • The geological setting is similar to the Bronzewing Deposit.
  • Follow-up work includes a Gradient Array IP survey and soil sampling.
  • Drill mobilisation is planned for mid-November 2025.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.