Underexplored Faults at Randalls North Could Unlock New Gold Discoveries
Ore Resources Ltd has identified nine promising gold targets at its Randalls North tenements through detailed geophysical and geochemical analysis, setting the stage for an active 2026 exploration campaign.
- Nine broad gold targets identified at Randalls North
- Targets located at Lone Pine Dam, Venetian, and Lake Yindarlgooda prospects
- Multiple NE-SW faults coincide with historic anomalous drilling
- Strong gold-in-soil anomalies (+20ppb) highlight underexplored areas
- Ore Resources well-funded with A$10.69 million to advance exploration
New Targets at Randalls North
Ore Resources Ltd (ASX, OR3) has completed a comprehensive litho-structural interpretation of reprocessed aeromagnetic data combined with a detailed review of surface geochemistry at the Randalls North tenements of the Randalls Gold Project in Western Australia’s prolific Goldfields region. This work has unveiled nine broad gold targets across the Lone Pine Dam, Venetian, and Lake Yindarlgooda prospects, marking a significant step forward in the company’s exploration efforts.
The identification of these targets stems from the recognition of cross-cutting faults and displacements that run oblique to the dominant northwest lithological trends and the regional Randalls Fault. Notably, multiple northeast-southwest (NE-SW) faults align with historic drilling anomalies, suggesting that previous drilling campaigns may have inadequately tested these structures due to suboptimal hole orientations.
Geochemical and Historical Drilling Insights
Many of the newly identified targets coincide with substantial gold-in-soil anomalies exceeding 20 parts per billion (ppb), yet remain underexplored with only limited shallow historic drilling. Encouraging historical intercepts include notable grades such as 8 meters at 3.1 grams per tonne gold from 4 meters at Lone Pine Dam, and 2 meters at 5.55 grams per tonne gold from 63 meters at Campese.
Ore Resources’ technical team, led by CEO Nick Rathjen and Technical Director Robin Cox, believes that the reinterpretation of these structural features reveals significant potential for lode gold mineralisation that has yet to be fully unlocked. The company plans to prioritise these targets in its 2026 exploration programs alongside previously identified targets at Randalls South.
Advancing Exploration and Regulatory Progress
Ore Resources is actively progressing negotiations with relevant Native Title Parties to facilitate the granting of tenements and has scheduled initial environmental surveys as part of its due diligence and compliance efforts. The company is well positioned financially, boasting a pro-forma cash balance of approximately A$10.69 million, enabling it to advance exploration activities not only at Randalls but also at its Coolgardie Gold Projects.
Complementing the Randalls North work, Ore Resources anticipates assay results from Phase 3 reverse circulation drilling at its Miriam prospect in the coming weeks, which will inform a planned expansive 30,000-meter drilling program commencing later in 2026.
Outlook
With a methodical approach to exploration and a strong balance sheet, Ore Resources is poised to unlock further value from its extensive tenement holdings in the Eastern Goldfields. The new targets at Randalls North add a compelling dimension to the company’s growth story, underscoring the prospectivity of the region and the potential for significant gold discoveries.
Bottom Line?
Ore Resources’ identification of new gold targets at Randalls North sets a promising course for 2026 exploration, but the true test will come with upcoming drilling results and regulatory approvals.
Questions in the middle?
- How soon will Ore Resources commence drilling to test the new Randalls North targets?
- What impact will Native Title negotiations have on the timing of exploration activities?
- Could the reinterpretation of historic drilling data lead to a reassessment of Randalls’ resource potential?
