Key Facts:

  • Location: Northern Gerry Well Greenstone Belt, Yilgarn Craton, WA

  • Tenure: 612 km²

  • Acquisition: July 2025

  • Funding: WA Exploration Incentive Scheme, 50% co-funding up to $200,000

Overview:

Under-explored greenstone terrane with limited modern gold-focused exploration. Positioned near major regional operations.

Why Gerry Well:

  • Large scale early-stage gold potential

  • Independent AI-driven targeting completed Oct 2025

  • Government co-funded drilling support

Geological Rationale:

GSWA 2022 reassessment identified Sanukitoid rocks with spatial correlation to major Eastern Goldfields gold systems.

AI Targeting:

SensOre DPT and SAM modelling using gravity, magnetics, DEM and lithological datasets. 2.16M data cells trained on +1Moz deposits.

Compliance Note:

29 Oct 2025 ASX release on conceptual targets was retracted under Listing Rule 5.6. Historical drilling results remain valid.

Historic Drill Intercepts:

  • CBRC003: 1 m @ 3.85 g/t Au from 194 m

  • CBRC004: 4 m @ 0.35 g/t Au from 264 m

  • CBRC005: 4 m @ 1.36 g/t Au from 260 m including 1 m @ 5.45 g/t Au

Forward Program:

  • Field validation and sampling

  • Scout RC drilling

  • Geological model integration

Contact:

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