Albion Resources Secures Strategic Gidgee Gold Project in WA

Strategic Acquisition Highlights Strong Historical Results

The Gidgee Gold Project by Albion Resources Ltd brings compelling historical drilling intersections that demonstrate both robust widths and exceptional grades across multiple prospects. At the German Well South Prospect alone, drilling has outlined significant mineralisation including:

Key Historical Intersections:

• 21m at 5.4 g/t Au from 118m, including 1m at 37.1 g/t Au (GNRC027)
• 16m at 5.52 g/t Au from 41m, including 1m at 60.9 g/t Au (12GWRC010)
• 8m at 2.9 g/t Au from 67m and 5m at 4.2 g/t Au from 93m (12GWRC015)
• 15m at 2.1 g/t Au from 95m, including 1m at 10.1 g/t Au (12GWRC013)

The mineralisation extends over approximately 400 metres of strike at German Well South and remains open along strike and down-plunge, with drilling across the broader German Well and Wilson's areas testing 2.5km and 3.2km of strike respectively.

Furthermore, this acquisition demonstrates the company's commitment to strategic growth initiatives in Western Australia's proven mining districts.

Understanding Gold Mineralisation Controls: What Makes This District Special

Structural Controls are fundamental geological features that concentrate gold mineralisation in specific zones. At the Gidgee Gold Project by Albion Resources Ltd, the tenure is transected by approximately 12 kilometres of major regional shear zones, including the Tokey and Wilson Shear Zones. These large-scale fault systems act as plumbing networks that channel gold-bearing fluids through the rock, creating the conditions necessary for ore deposit formation.

For investors, structural controls are critical because they:

• Predict where gold will occur along known geological trends
• Guide efficient exploration by targeting the most prospective ground
• Indicate potential for multiple deposits along the same structural corridor

The presence of established shear zones with proven gold endowment nearby significantly de-risks exploration and increases the probability of discovery. In addition, these geological features provide exploration target identification opportunities across the broader project area.

Multiple High-Priority Exploration Targets Ready for Development

Beyond German Well South, preliminary technical review has identified seven additional prospects with compelling historical intersections that warrant systematic follow-up:

The shallow nature of historical exploration presents significant opportunity, with an average drill depth of only 54 metres and maximum testing to just 100 metres below surface across the project. Consequently, the potential for resource expansion programs remains substantial throughout the Gidgee Gold Project by Albion Resources Ltd.

Capital-Efficient Entry Into Tier-1 Mining Jurisdiction

The option agreement structure provides Albion with maximum flexibility while minimising upfront capital commitment:

Option Terms:

• Initial option fee: A$10,000 (60-day exercise period)
• Acquisition cost: A$90,000 cash plus A$150,000 in shares
• Performance milestone: Additional A$50,000 in shares upon achieving 100,000oz JORC resource

CEO Peter Goh Commentary

The Gidgee Gold Project represents a capital-efficient opportunity for Albion to secure exposure to a known gold system in Western Australia while maintaining discipline around entry cost and downside risk.

The deal structure allows comprehensive technical, heritage and access due diligence before committing significant capital, aligning with Albion's disciplined approach to building a high-quality exploration pipeline. Moreover, this structured approach reflects risk management strategies commonly employed in mineral acquisition deals.

Systematic Exploration Program to Unlock Value

Albion has outlined a comprehensive work program designed to advance understanding and define drill-ready targets:

Planned Activities:

1. Regional ultrafine soil geochemical surveys to detect new targets
2. Detailed geophysical compilation and interpretation
3. Gravity surveys to define mineralised structures
4. Heritage clearance surveys
5. Systematic aircore and RC drilling programs

This methodical approach leverages modern exploration techniques that have not been systematically applied across the project, offering significant potential to identify new discoveries beyond the known prospects. For instance, geochemical survey techniques can reveal previously unidentified mineralisation zones across the tenure.

Why Investors Should Track Albion Resources

The acquisition positions Albion as a compelling exploration play within one of Western Australia's most endowed gold belts. Several factors make this development particularly noteworthy for investors:

Strategic Positioning: The project sits within the same greenstone belt hosting Horizon Gold's 2.3 million ounce Gum Creek Project and Brightstar Resources' 500,000 ounce Montague project, demonstrating the district's exceptional gold endowment and production potential.

Proven Gold System: Historical drilling has already established the presence of a robust gold system across multiple prospects, with significant widths and high-grade intersections providing confidence in the mineralisation's continuity and economic potential.

Exploration Upside: The shallow depth of previous exploration, combined with extensive untested strike length along proven structural corridors, presents substantial opportunity for resource growth through systematic modern exploration techniques.

Disciplined Management: The option structure demonstrates management's commitment to capital efficiency and risk management, allowing thorough evaluation before major capital deployment. However, investors should also consider exploration financing options that may become relevant as the project advances.

Key Takeaway

Albion Resources has secured a strategic foothold in a Tier-1 gold district through a capital-efficient option agreement. With multiple high-grade historical intersections across a 91km² landholding and systematic exploration programs planned, the company offers compelling exposure to discovery potential in Western Australia's proven Gum Creek Greenstone Belt.

The combination of established mineralisation, extensive exploration upside, and disciplined management approach positions Albion as a company worth monitoring as it advances the Gidgee Gold Project by Albion Resources Ltd alongside its core Yandal West asset. Furthermore, the project's potential integration with regional development plans could enhance its long-term strategic value within the broader Gum Creek district.

Could Albion Resources Be Your Next Gold Discovery Play?

With multiple high-grade historical intersections across 91km² of highly prospective tenure in Western Australia's proven Gum Creek Greenstone Belt, Albion Resources has positioned itself for potential discovery success through this strategic acquisition. The company's disciplined approach to capital deployment, combined with extensive untested strike length along proven structural corridors, presents a compelling opportunity for investors seeking exposure to systematic gold exploration in a Tier-1 mining jurisdiction. To explore Albion Resources' complete project portfolio and understand how the Gidgee Gold Project fits within their broader exploration strategy, visit albionresources.com.au for detailed company information, technical reports, and upcoming exploration milestones.