Maiden Drill Program to Commence at Boomerang Gold Deposit
Released
Released
Announcement PDF
Valiant Gold Limited (ACN 691 820 532)
A: Ground Floor, 34 Colin Street West Perth WA 6005 | W: www.valiantgold.com.au
ASX ANNOUNCEMENT
16 July 2026
MAIDEN DRILL PROGRAM TO COMMENCE
AT BOOMERANG GOLD DEPOSIT
Valiant Gold Limited (ASX: VAL) (Valiant or Company) Board has approved the maiden drilling
program at the Company’s Boomerang gold deposit to commence in August 2026.
Key Highlights
Drilling program designed to enhance confidence in the Mineral Resource Estimate (MRE) and
establish a platform for future resource growth, supporting the evaluation of both open-pit and
underground mining scenarios.
Boomerang Gold Deposit is part of the Reedy Project and hosts an existing open pit and
underground MRE of 5.26Mt @ 2.17g/t Au for 367koz of gold1
On schedule maiden diamond drilling program to commence in August 2026 with first assays
scheduled from Q2 FY27
Phase A consists of an initial 8,000m program, with scope to increase significantly in
subsequent phases
Design and planning for Phase B has commenced, targeting resource extension below the
existing Kurara Pits
Boomerang deposit is on an existing Mining Lease 45km south of processing infrastructure
accessible via the Ore Purchase Agreement with Westgold Resources1
Management Comments
“Boomerang is the largest existing Mineral Resource within our Reedy Project and provides an
excellent opportunity for near term production and resource growth. With an existing 367koz Resource
base, limited drilling below 150 metres across significant portions of the deposit, and mineralisation
remaining open along strike and at depth, we believe Boomerang represents considerable near-term
exploration upside. Today we have announced that Phase A of the program has been approved to
commence next month. This will lay the required foundation for Phase B which targets resource
growth. The deposit’s size and favourable proximity to established processing infrastructure highlights
its strategic importance within Valiant’s portfolio for a third potential mine for the company.”
Brendan Tritton, Managing Director & CEO
1
Refer to the Company’s Prospectus dated 16 February 2026, as amended by the Supplementary Prospectus dated 20 February 2026,
(together, the Prospectus) for further information regarding the Mineral Resource Estimates
pg. 2
ASX ANNOUNCEMENT – MAIDEN DRILL PROGRAM TO COMMENCE AT BOOMERANG GOLD DEPOSIT
16 JULY 2026
Boomerang Gold Deposit Overview
The Boomerang gold deposit is located at the Northern end of the Reedy Project, only 45km by
road to the Bluebird Mill via the Great Northern Highway (Figure 1). Boomerang hosts an existing
MRE of 5.26Mt @ 2.17g/t Au for 367koz of gold1
, the largest single resource at the Reedy Project.
Figure 1: Reedy Project and Boomerang gold deposit location, with reference to proximity to processing infrastructure that
can be accessed via the Ore Purchase Agreement with Westgold Resources1
The Boomerang deposit consists of three historic open pits, covering a strike length of ~1.25km
(Figure 2, Figure 3) and one modest underground mine, last mined in the 1990’s.
pg. 3
ASX ANNOUNCEMENT – MAIDEN DRILL PROGRAM TO COMMENCE AT BOOMERANG GOLD DEPOSIT
16 JULY 2026
Gold mineralisation at Boomerang is developed within a structurally controlled, shear-hosted
system comprising variable dipping mineralised lodes. Shallow laterite-hosted gold component is
developed locally above the primary system, reflecting residual enrichment spatially associated with
the underlying shear zones. Mineralisation remains open both at depth and along strike most
notably to the north of underground workings and below historic Kurara pits, where there has been
limited drilling below 150m over 600m of strike (Figure 2, Figure 5).
The initial 8,000m diamond drill program aims to increase confidence in the inferred portion of the
MRE and inform future studies for both potential open-pit and underground scenarios. Should this
prove successful the drill program will be expanded significantly to test for growth adjacent to
defined resources.
Figure 2: Boomerang Gold Deposit, Schematic Long Section (facing west) displaying Mineral Resource inventory (MRE)1
with
ounce per vertical metre breakdown, previously mined volumes
Boomerang gold deposit is positioned on the northern extension of the Reedy Shear Zone, the
same major controlling structure that hosts South Emu-Triton, Rand and Jack Ryan gold deposits
across the Reedy Project.
Gold mineralisation at Boomerang is hosted within a mixed sequence of ultramafic to mafic schists,
with intercalated banded iron formation. This sequence and associated mineralisation dip at
approximately 70 degrees to the west, flattening to approximately 40 degrees closer to the surface
(Figure 4, Figure 5). Mineralisation comprises a series of individual stacked lodes with the broader
shear, which spans up to 50m horizontal thickness (Figure 4). Historic drilling suggests there is the
potential for repeat additional footwall and hanging wall sequences (Figure 4), that are currently
poorly constrained at this stage. Notably, over half of the deposit remains untested by drilling below
150m depth to the north.
pg. 4
ASX ANNOUNCEMENT – MAIDEN DRILL PROGRAM TO COMMENCE AT BOOMERANG GOLD DEPOSIT
16 JULY 2026
Phase A of the drill program has been approved to commence in August 2026. The objective is to
enhance confidence in the Inferred Mineral Resource Estimate, below the existing Boomerang Open
Pit and underground infrastructure, to enable the conversion of ounces to the Indicated category.
Design and planning work has commenced for Phase B of the drilling program which focuses on
resource extension. The target area is immediately below Kurara Pits covering >600m strike length
with only previous shallow drilling.
Figure 3: Boomerang Plan view map, displaying MRE Outline1
, previous drill Phase historic Boomerang-Kurara pits. Presented
schematic cross section locations are labelled.
pg. 5
ASX ANNOUNCEMENT – MAIDEN DRILL PROGRAM TO COMMENCE AT BOOMERANG GOLD DEPOSIT
16 JULY 2026
Figure 4: Boomerang Schematic Cross Section 50200N (local grid) displaying historic underground mine, previous drillholes,
significant intercepts, MRE Outline1
and the targeted Reedy Shear Zone, with adjacent lodes.
pg. 6
ASX ANNOUNCEMENT – MAIDEN DRILL PROGRAM TO COMMENCE AT BOOMERANG GOLD DEPOSIT
16 JULY 2026
Figure 5: Boomerang Schematic Cross Section 51050N (local grid) displaying previous drillholes, significant intercepts, MRE
Outline1
and the northern and up-dip projections of the untested Reedy Shear Zone.
Refer to Appendix C - JORC Table 1 for relevant information concerning details of sampling
techniques, drilling methods and data quality of historic exploration results reported in this
announcement. For the collar locations and significant intercepts, refer to Appendix A and B,
respectively.
Looking Forward
Phase A of the drilling program (8,000m) at Boomerang to commence in August 2026
First assays scheduled from Q2 FY27
Planning underway for Phase B focused on resource growth drilling
Economic evaluations of mining scenarios are being undertaken which could involve an early
modest scale cut back or incorporation into a future larger mining scenario
Ongoing evaluation and generation of near-term shallow drill targets along strike to the north
and south of Boomerang, in areas where historic drilling was limited in scope or spacing
pg. 7
ASX ANNOUNCEMENT – MAIDEN DRILL PROGRAM TO COMMENCE AT BOOMERANG GOLD DEPOSIT
16 JULY 2026
Investor Relations
You can engage with the Company about this announcement here.
This announcement is authorised for release by the Board of Directors.
Enquiries:
Brendan Tritton Investor Relations
Managing Director & CEO communications@valiantgold.com.au
info@valiantgold.com.au
+61 8 6373 8900
About Valiant Gold
Valiant Gold is an emerging Western Australian gold company focused on unlocking value from
proven Murchison assets.
Demerged from Westgold Resources Limited (ASX: WGX) the Company holds 100% of the Reedy
and Comet gold projects - brownfields operations with historical production of over 1Moz and a
combined 1.2Moz Mineral Resource1
. Both projects are located in the Murchison Province of
Western Australia.
With existing Mining Leases, a near-term pathway to production, processing solution from day
one and a clear focus on the restart and resource growth, Valiant is advancing toward its next phase
of development.
Competent Person’s Statement
The information regarding the Mineral Resource estimates is extracted from Valiant Gold Limited’s
Prospectus dated 16 February 2026, as amended by the Supplementary Prospectus dated 20
February 2026 (together, the Prospectus). The Company confirms that it is not aware of any new
information or data that materially affects the information included in the Prospectus and that all
material assumptions and technical parameters underpinning the estimates in the Prospectus
continue to apply and have not materially changed. The Company confirms that the form and
context in which the Competent Person’s findings are presented have not been
materially modified from the Prospectus.
The information in this announcement that relates to Exploration matters and activities is compiled
by Mr Lieth de Selincourt M.Sc., who is a member of the Australian Institute of Geoscientists (MAIG
6123) and Society of Economic Geologists (MSEG 915908), has verified, reviewed, and approved
such information. Mr de Selincourt has sufficient experience which is relevant to the styles of
mineralisation and types of deposit under consideration and to the activities which he is undertaking
to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for
Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). Mr de Selincourt
pg. 8
ASX ANNOUNCEMENT – MAIDEN DRILL PROGRAM TO COMMENCE AT BOOMERANG GOLD DEPOSIT
16 JULY 2026
is the Manager Exploration of Valiant Gold Limited and accordingly is not independent. Mr de
Selincourt consents to and approves the inclusion in this announcement of the matters based on
his information in the form and context in which it appears. Mr de Selincourt is eligible
to participate in incentive plans of Valiant Gold Limited.
Forward Looking Statements
This announcement includes various ‘forward-looking statements’ with respect to, among other
things, goals, plans, and strategies. Such forward-looking statements are not guarantees of future
performance and involve known and unknown risks, uncertainties and other factors beyond the
control of the Company that may cause the actual results, performance and outcomes to be
materially different from those expressed or implied by such statements. Forward-looking
statements are provided as a general guide only, and should not be relied on as an indication or
guarantee of future performance. Given these uncertainties, recipients are cautioned to not place
undue reliance on any forward-looking statement. Subject to any continuing obligations under
applicable law, the Company disclaims any obligation or undertaking to disseminate any updates
or revisions to any forward-looking statements in this announcement to reflect any change in
expectations in relation to any forward-looking statements or any change in events, conditions or
circumstances on which any such statement is based.
pg. 9
ASX ANNOUNCEMENT – MAIDEN DRILL PROGRAM TO COMMENCE AT BOOMERANG GOLD DEPOSIT
16 JULY 2026
Appendix A – Boomerang Historical Exploration Collars
Hole ID Hole Type Max.
Depth
(m)
Local
East
Local
North
Local
mRL
Dip Local
Azimuth
Company
17BMDD001 RC/Diamond 531.7 20458 50058 457 -67.5 110.2 Westgold
17BMDD002 Diamond 500.0 20435 50210 458 -81.5 86.0 Westgold
17BMDD003 Diamond 453.8 20409 50331 457 -75.0 84.6 Westgold
BM0001 RC 60.0 20810 50161 455 -60.0 90.0 St. Barbara
BM0002 RC 69.0 20797 50037 455 -60.0 90.0 St. Barbara
BM0003 RC 69.0 20804 50062 455 -60.0 90.0 St. Barbara
BM0004 RC 69.0 20805 50087 455 -60.0 90.0 St. Barbara
BM0005 RC 69.0 20752 49975 455 -90.0 0.0 St. Barbara
BM0006 RC 117.0 20747 50041 455 -90.0 0.0 St. Barbara
BM0007 RC 110.0 20787 50038 455 -90.0 0.0 St. Barbara
BM0008 RC 105.0 20767 50039 455 -90.0 0.0 St. Barbara
BM0009 RC 99.0 20769 50062 455 -90.0 0.0 St. Barbara
BM0010 RC 99.0 20776 50089 455 -90.0 0.0 St. Barbara
BM0011 RC 39.0 20774 50139 455 -90.0 0.0 St. Barbara
BM0012 RC 93.0 20799 50213 455 -90.0 0.0 St. Barbara
BM0013 RC 75.0 20787 50263 455 -90.0 0.0 St. Barbara
16NRRC001 RC 16.0 20819 50264 455 -90.0 351.1 Metals X
16NRRC002 RC 16.0 20828 50276 455 -90.0 351.1 Metals X
16NRRC003 RC 20.0 20870 50236 455 -90.0 351.1 Metals X
16NRRC004 RC 20.0 20890 50236 455 -90.0 351.1 Metals X
16NRRC005 RC 20.0 20911 50236 455 -90.0 351.1 Metals X
16NRRC006 RC 17.0 20810 50216 456 -90.0 351.1 Metals X
16NRRC007 RC 15.0 20908 50208 455 -90.0 351.1 Metals X
16NRRC008 RC 20.0 20869 50210 455 -90.0 351.1 Metals X
16NRRC009 RC 20.0 20868 50185 455 -90.0 351.1 Metals X
16NRRC010 RC 20.0 20889 50183 455 -90.0 351.1 Metals X
16NRRC011 RC 20.0 20909 50182 455 -90.0 351.1 Metals X
16NRRC012 RC 25.0 20807 50191 456 -90.0 351.1 Metals X
16NRRC013 RC 65.0 20796 50165 456 -82.0 272.4 Metals X
16NRRC014 RC 20.0 20861 50149 455 -90.0 351.1 Metals X
16NRRC015 RC 20.0 20881 50147 455 -90.0 351.1 Metals X
16NRRC016 RC 20.0 20900 50145 455 -90.0 351.1 Metals X
16NRRC017 RC 10.0 20806 50128 456 -90.0 351.1 Metals X
16NRRC018 RC 25.0 20799 50104 456 -90.0 351.1 Metals X
16NRRC019 RC 25.0 20792 50092 456 -90.0 351.1 Metals X
16NRRC020 RC 15.0 20724 49994 457 -90.0 351.1 Metals X
pg. 10
ASX ANNOUNCEMENT – MAIDEN DRILL PROGRAM TO COMMENCE AT BOOMERANG GOLD DEPOSIT
16 JULY 2026
Hole ID Hole Type Max.
Depth
(m)
Local
East
Local
North
Local
mRL
Dip Local
Azimuth
Company
16NRRC021 RC 15.0 20743 49994 456 -90.0 351.1 Metals X
16NRRC022 RC 15.0 20762 49991 456 -90.0 351.1 Metals X
16NRRC023 RC 15.0 20782 49989 456 -90.0 351.1 Metals X
16NRRC024 RC 20.0 20712 49967 456 -90.0 351.1 Metals X
16NRRC025 RC 15.0 20695 49942 457 -90.0 351.1 Metals X
16NRRC026 RC 15.0 20712 49939 457 -90.0 351.1 Metals X
16NRRC027 RC 50.0 20756 50042 456 -89.3 172.4 Metals X
BERC001 RC 90.0 20726 49942 456 -60.0 90.0 Metana
BERC002 RC 60.0 20766 49939 456 -61.0 90.0 Metana
BERC003 RC 80.0 20785 49938 456 -60.0 90.0 Metana
BERC004 RC 80.0 20825 49935 456 -61.0 90.0 Metana
BERC005 RC 60.0 20732 49967 456 -63.0 90.0 Metana
BERC006 RC 35.0 20770 49964 456 -60.0 90.0 Metana
BERC007 RC 80.0 20837 49959 456 -60.0 90.0 Metana
BERC009 RC 35.0 20744 49991 456 -60.0 90.0 Metana
BERC010 RC 85.0 20804 49987 456 -60.0 90.0 Metana
BERC011 RC 60.0 20849 49984 456 -61.5 90.0 Metana
BERC012 RC 45.0 20879 49982 455 -58.0 90.0 Metana
BERC013 RC 75.0 20795 50012 456 -62.0 90.0 Metana
BERC014 RC 50.0 20835 50010 456 -59.0 90.0 Metana
BERC015 RC 35.0 20865 50008 455 -61.0 90.0 Metana
BERC016 RC 80.0 20777 50037 456 -60.0 90.0 Metana
BERC017 RC 70.0 20797 50037 456 -62.0 90.0 Metana
BERC018 RC 55.0 20817 50036 456 -63.5 90.0 Metana
BERC019 RC 95.0 20780 50064 456 -58.0 90.0 Metana
BERC020 RC 63.0 20819 50061 456 -60.0 90.0 Metana
BERC021 RC 50.0 20848 50059 456 -60.0 90.0 Metana
BERC022 RC 66.0 20795 50087 456 -84.0 90.0 Metana
BERC023 RC 65.0 20795 50087 456 -69.0 90.0 Metana
BERC026 RC 75.0 20787 50113 456 -65.5 90.0 Metana
BERC027 RC 65.0 20797 50113 456 -61.0 90.0 Metana
BERC030 RC 70.0 20780 50139 456 -72.0 90.0 Metana
BERC031 RC 50.0 20804 50137 456 -61.0 90.0 Metana
BERC035 RC 65.0 20790 50188 456 -89.0 90.0 Metana
BERC036 RC 59.0 20817 50186 456 -60.0 90.0 Metana
BERC045 RC 80.0 20775 50162 456 -60.0 270.0 Metana
KRCGC1 VAC 12.0 20520 50532 456 -90.0 0.0 Nord
KRCGC10 VAC 20.0 20610 50525 456 -90.0 0.0 Nord
pg. 11
ASX ANNOUNCEMENT – MAIDEN DRILL PROGRAM TO COMMENCE AT BOOMERANG GOLD DEPOSIT
16 JULY 2026
Hole ID Hole Type Max.
Depth
(m)
Local
East
Local
North
Local
mRL
Dip Local
Azimuth
Company
KRCGC100 VAC 16.0 20563 50642 456 -90.0 0.0 Nord
KRCGC1001 VAC 20.0 20800 50062 455 -90.0 0.0 Nord
KRCGC1002 VAC 3.0 20799 50075 455 -90.0 0.0 Nord
KRCGC1004 VAC 8.2 20798 50100 455 -90.0 0.0 Nord
KRCGC1005 VAC 27.1 20802 50112 455 -90.0 0.0 Nord
KRCGC1006 VAC 1.0 20803 50099 455 -90.0 0.0 Nord
KRCGC1007 VAC 28.0 20807 50124 455 -90.0 0.0 Nord
KRCGC1008 VAC 26.3 20804 50137 456 -90.0 0.0 Nord
KRCGC1009 VAC 31.2 20814 50136 456 -90.0 0.0 Nord
KRCGC101 VAC 23.0 20573 50642 456 -90.0 0.0 Nord
KRCGC1010 VAC 28.0 20812 50111 455 -90.0 0.0 Nord
KRCGC1011 VAC 28.4 20811 50086 455 -90.0 0.0 Nord
KRCGC1012 VAC 22.4 20813 50199 455 -90.0 0.0 Nord
KRCGC1013 VAC 22.0 20810 50212 455 -90.0 0.0 Nord
KRCGC1014 VAC 21.3 20813 50224 455 -90.0 0.0 Nord
KRCGC1015 VAC 22.0 20810 50237 456 -90.0 0.0 Nord
KRCGC1016 VAC 22.0 20806 50250 455 -90.0 0.0 Nord
KRCGC1017 VAC 22.0 20802 50262 455 -90.0 0.0 Nord
KRCGC1018 VAC 22.0 20798 50275 455 -90.0 0.0 Nord
KRCGC1019 VAC 20.0 20808 50275 455 -90.0 0.0 Nord
KRCGC102 VAC 18.4 20583 50641 456 -90.0 0.0 Nord
KRCGC1020 VAC 29.9 20818 50274 455 -90.0 0.0 Nord
KRCGC1022 VAC 20.0 20812 50262 455 -90.0 0.0 Nord
KRCGC1023 VAC 20.0 20789 50276 455 -90.0 0.0 Nord
KRCGC1024 VAC 20.1 20797 50263 456 -90.0 0.0 Nord
KRCGC1025 VAC 27.0 20798 50250 455 -90.0 0.0 Nord
KRCGC1026 VAC 20.0 20787 50251 456 -90.0 0.0 Nord
KRCGC1027 VAC 20.2 20791 50238 456 -90.0 0.0 Nord
KRCGC1028 VAC 20.1 20800 50238 456 -90.0 0.0 Nord
KRCGC1029 VAC 22.2 20799 50225 456 -90.0 0.0 Nord
KRCGC103 VAC 21.0 20593 50640 456 -90.0 0.0 Nord
KRCGC1030 VAC 24.4 20820 50086 455 -90.0 0.0 Nord
KRCGC1031 VAC 26.5 20830 50085 455 -90.0 0.0 Nord
KRCGC1032 VAC 21.0 20840 50084 455 -90.0 0.0 Nord
KRCGC1033 VAC 21.0 20850 50084 455 -90.0 0.0 Nord
KRCGC1034 VAC 1.0 20860 50083 455 -90.0 0.0 Nord
KRCGC1036 VAC 22.3 20799 50213 455 -90.0 0.0 Nord
KRCGC1037 VAC 20.0 20803 50200 455 -90.0 0.0 Nord
pg. 12
ASX ANNOUNCEMENT – MAIDEN DRILL PROGRAM TO COMMENCE AT BOOMERANG GOLD DEPOSIT
16 JULY 2026
Hole ID Hole Type Max.
Depth
(m)
Local
East
Local
North
Local
mRL
Dip Local
Azimuth
Company
KRCGC1038 VAC 23.0 20798 50200 455 -90.0 0.0 Nord
KRCGC1039 VAC 25.0 20785 50201 455 -90.0 0.0 Nord
KRCGC104 VAC 22.0 20589 50653 456 -90.0 0.0 Nord
KRCGC1040 VAC 23.0 20789 50213 456 -90.0 0.0 Nord
KRCGC1041 VAC 23.0 20785 50226 456 -90.0 0.0 Nord
KRCGC1042 VAC 22.0 20804 50225 455 -90.0 0.0 Nord
KRCGC1043 VAC 8.0 20778 50277 456 -90.0 0.0 Nord
KRCGC1044 VAC 23.0 20780 50264 456 -90.0 0.0 Nord
KRCGC1045 VAC 22.5 20776 50252 456 -90.0 0.0 Nord
KRCGC1046 VAC 24.0 20778 50239 456 -90.0 0.0 Nord
KRCGC1047 VAC 30.0 20774 50227 456 -90.0 0.0 Nord
KRCGC1049 VAC 25.0 20779 50214 456 -90.0 0.0 Nord
KRCGC105 VAC 30.0 20579 50653 456 -90.0 0.0 Nord
KRCGC1050 VAC 30.0 20773 50202 456 -90.0 0.0 Nord
KRCGC1051 VAC 21.0 20816 50249 455 -90.0 0.0 Nord
KRCGC1052 VAC 21.0 20820 50236 456 -90.0 0.0 Nord
KRCGC1053 VAC 21.0 20819 50211 455 -90.0 0.0 Nord
KRCGC1054 VAC 34.0 20764 50140 456 -90.0 0.0 Nord
KRCGC1055 VAC 20.0 20767 50127 455 -90.0 0.0 Nord
KRCGC1056 VAC 30.0 20771 50114 455 -90.0 0.0 Nord
KRCGC1057 VAC 31.0 20773 50102 455 -90.0 0.0 Nord
KRCGC1058 VAC 2.0 20763 50052 456 -90.0 0.0 Nord
KRCGC1059 VAC 6.0 20774 50139 456 -90.0 0.0 Nord
KRCGC106 VAC 23.5 20569 50654 456 -90.0 0.0 Nord
KRCGC1060 VAC 21.0 20784 50138 456 -90.0 0.0 Nord
KRCGC1061 VAC 3.0 20777 50126 455 -90.0 0.0 Nord
KRCGC1062 VAC 21.5 20782 50113 455 -90.0 0.0 Nord
KRCGC1063 VAC 18.0 20794 50138 455 -90.0 0.0 Nord
KRCGC1064 VAC 24.0 20797 50125 455 -90.0 0.0 Nord
KRCGC1065 VAC 23.0 20789 50126 455 -90.0 0.0 Nord
KRCGC1066 VAC 25.0 20792 50113 455 -90.0 0.0 Nord
KRCGC1067 VAC 32.0 20796 50100 455 -90.0 0.0 Nord
KRCGC1068 VAC 6.0 20781 50089 455 -90.0 0.0 Nord
KRCGC1069 VAC 3.0 20775 50076 455 -90.0 0.0 Nord
KRCGC107 VAC 15.0 20559 50655 456 -90.0 0.0 Nord
KRCGC1070 VAC 30.0 20769 50152 456 -90.0 0.0 Nord
KRCGC1071 VAC 30.0 20773 50164 456 -90.0 0.0 Nord
KRCGC1072 VAC 24.0 20780 50151 456 -90.0 0.0 Nord
pg. 13
ASX ANNOUNCEMENT – MAIDEN DRILL PROGRAM TO COMMENCE AT BOOMERANG GOLD DEPOSIT
16 JULY 2026
Hole ID Hole Type Max.
Depth
(m)
Local
East
Local
North
Local
mRL
Dip Local
Azimuth
Company
KRCGC1073 VAC 25.0 20790 50151 456 -90.0 0.0 Nord
KRCGC1074 VAC 26.0 20798 50150 456 -90.0 0.0 Nord
KRCGC1075 VAC 26.5 20795 50163 456 -90.0 0.0 Nord
KRCGC1076 VAC 29.0 20801 50175 456 -90.0 0.0 Nord
KRCGC1078 VAC 30.0 20781 50176 456 -90.0 0.0 Nord
KRCGC1079 VAC 26.0 20792 50175 456 -90.0 0.0 Nord
KRCGC108 VAC 21.0 20549 50656 456 -90.0 0.0 Nord
KRCGC1080 VAC 30.0 20772 50177 456 -90.0 0.0 Nord
KRCGC1081 VAC 33.0 20777 50189 456 -90.0 0.0 Nord
KRCGC1082 VAC 26.5 20787 50188 456 -90.0 0.0 Nord
KRCGC1083 VAC 25.0 20797 50188 456 -90.0 0.0 Nord
KRCGC1084 VAC 25.0 20807 50187 456 -90.0 0.0 Nord
KRCGC1085 VAC 25.0 20810 50174 455 -90.0 0.0 Nord
KRCGC1086 VAC 28.0 20806 50162 455 -90.0 0.0 Nord
KRCGC1087 VAC 27.0 20808 50149 456 -90.0 0.0 Nord
KRCGC1088 VAC 35.0 20815 50161 455 -90.0 0.0 Nord
KRCGC1089 VAC 25.0 20818 50186 455 -90.0 0.0 Nord
KRCGC1090 VAC 22.1 20823 50198 456 -90.0 0.0 Nord
KRCGC1091 VAC 22.0 20829 50211 456 -90.0 0.0 Nord
KRCGC1092 VAC 21.5 20825 50223 455 -90.0 0.0 Nord
KRCGC1093 VAC 20.5 20834 50285 455 -90.0 0.0 Nord
KRCGC1094 VAC 19.3 20824 50286 455 -90.0 0.0 Nord
KRCGC1095 VAC 22.0 20814 50287 456 -90.0 0.0 Nord
KRCGC1096 VAC 22.0 20804 50287 456 -90.0 0.0 Nord
KRCGC1097 VAC 25.5 20785 50289 456 -90.0 0.0 Nord
KRCGC1098 VAC 9.0 20844 50285 455 -90.0 0.0 Nord
KRCGC1099 VAC 20.3 20854 50284 456 -90.0 0.0 Nord
KRCGC11 VAC 30.0 20614 50513 456 -90.0 0.0 Nord
KRCGC1100 VAC 20.0 20864 50283 455 -90.0 0.0 Nord
KRCGC1101 VAC 20.6 20828 50273 455 -90.0 0.0 Nord
KRCGC1102 VAC 20.5 20838 50272 455 -90.0 0.0 Nord
KRCGC1103 VAC 20.0 20848 50272 456 -90.0 0.0 Nord
KRCGC1104 VAC 21.0 20842 50260 455 -90.0 0.0 Nord
KRCGC1105 VAC 21.0 20832 50260 455 -90.0 0.0 Nord
KRCGC1106 VAC 21.5 20830 50235 455 -90.0 0.0 Nord
KRCGC1107 VAC 21.0 20840 50235 455 -90.0 0.0 Nord
KRCGC1108 VAC 21.0 20839 50222 455 -90.0 0.0 Nord
KRCGC1109 VAC 21.0 20844 50222 455 -90.0 0.0 Nord
pg. 14
ASX ANNOUNCEMENT – MAIDEN DRILL PROGRAM TO COMMENCE AT BOOMERANG GOLD DEPOSIT
16 JULY 2026
Hole ID Hole Type Max.
Depth
(m)
Local
East
Local
North
Local
mRL
Dip Local
Azimuth
Company
KRCGC111 VAC 31.0 20519 50658 456 -90.0 0.0 Nord
KRCGC1110 VAC 21.0 20854 50221 455 -90.0 0.0 Nord
KRCGC1111 VAC 21.5 20838 50210 455 -90.0 0.0 Nord
KRCGC1112 VAC 21.1 20848 50209 455 -90.0 0.0 Nord
KRCGC1113 VAC 21.5 20850 50234 455 -90.0 0.0 Nord
KRCGC1114 VAC 21.0 20843 50197 455 -90.0 0.0 Nord
KRCGC1115 VAC 22.0 20833 50198 456 -90.0 0.0 Nord
KRCGC1116 VAC 21.5 20837 50185 455 -90.0 0.0 Nord
KRCGC1117 VAC 23.0 20827 50186 455 -90.0 0.0 Nord
KRCGC1118 VAC 20.0 20846 50159 456 -90.0 0.0 Nord
KRCGC1119 VAC 23.0 20836 50160 456 -90.0 0.0 Nord
KRCGC112 VAC 24.0 20509 50658 456 -90.0 0.0 Nord
KRCGC1120 VAC 24.0 20826 50161 456 -90.0 0.0 Nord
KRCGC1121 VAC 30.0 20822 50148 456 -90.0 0.0 Nord
KRCGC1122 VAC 22.0 20829 50148 456 -90.0 0.0 Nord
KRCGC1123 VAC 5.5 20824 50136 455 -90.0 0.0 Nord
KRCGC1124 VAC 21.5 20840 50147 455 -90.0 0.0 Nord
KRCGC1125 VAC 21.5 20844 50134 456 -90.0 0.0 Nord
KRCGC1126 VAC 23.0 20833 50135 456 -90.0 0.0 Nord
KRCGC1127 VAC 30.5 20818 50124 455 -90.0 0.0 Nord
KRCGC1128 VAC 28.0 20828 50123 455 -90.0 0.0 Nord
KRCGC1129 VAC 22.0 20838 50122 455 -90.0 0.0 Nord
KRCGC113 VAC 6.0 20499 50659 456 -90.0 0.0 Nord
KRCGC1130 VAC 22.5 20842 50109 455 -90.0 0.0 Nord
KRCGC1132 VAC 30.5 20822 50111 455 -90.0 0.0 Nord
KRCGC1133 VAC 25.0 20816 50099 455 -90.0 0.0 Nord
KRCGC1134 VAC 24.5 20826 50098 455 -90.0 0.0 Nord
KRCGC1135 VAC 20.5 20836 50097 455 -90.0 0.0 Nord
KRCGC1136 VAC 29.0 20834 50072 455 -90.0 0.0 Nord
KRCGC1137 VAC 24.0 20824 50073 455 -90.0 0.0 Nord
KRCGC1138 VAC 24.8 20815 50074 455 -90.0 0.0 Nord
KRCGC1139 VAC 28.4 20809 50062 455 -90.0 0.0 Nord
KRCGC114 VAC 12.0 20495 50672 456 -90.0 0.0 Nord
KRCGC1140 VAC 24.3 20819 50061 455 -90.0 0.0 Nord
KRCGC1141 VAC 2.0 20828 50060 455 -90.0 0.0 Nord
KRCGC1142 VAC 1.0 20839 50059 455 -90.0 0.0 Nord
KRCGC1143 VAC 21.0 20846 50247 455 -90.0 0.0 Nord
KRCGC1144 VAC 21.0 20841 50247 455 -90.0 0.0 Nord
pg. 15
ASX ANNOUNCEMENT – MAIDEN DRILL PROGRAM TO COMMENCE AT BOOMERANG GOLD DEPOSIT
16 JULY 2026
Hole ID Hole Type Max.
Depth
(m)
Local
East
Local
North
Local
mRL
Dip Local
Azimuth
Company
KRCGC1145 VAC 21.0 20827 50248 455 -90.0 0.0 Nord
KRCGC1146 VAC 20.0 20849 50292 455 -90.0 0.0 Nord
KRCGC1147 VAC 20.3 20840 50292 455 -90.0 0.0 Nord
KRCGC1148 VAC 20.4 20829 50293 455 -90.0 0.0 Nord
KRCGC1149 VAC 20.5 20820 50294 455 -90.0 0.0 Nord
KRCGC115 VAC 18.3 20505 50671 456 -90.0 0.0 Nord
KRCGC1150 VAC 10.5 20810 50295 455 -90.0 0.0 Nord
KRCGC1151 VAC 25.0 20805 50312 455 -90.0 0.0 Nord
KRCGC1152 VAC 22.5 20816 50312 455 -90.0 0.0 Nord
KRCGC1153 VAC 20.5 20826 50311 455 -90.0 0.0 Nord
KRCGC1154 VAC 20.3 20835 50310 455 -90.0 0.0 Nord
KRCGC1155 VAC 19.5 20845 50310 455 -90.0 0.0 Nord
KRCGC1156 VAC 25.4 20800 50295 455 -90.0 0.0 Nord
KRCGC1157 VAC 26.0 20796 50313 455 -90.0 0.0 Nord
KRCGC1158 VAC 27.0 20790 50296 455 -90.0 0.0 Nord
KRCGC1159 VAC 26.0 20786 50314 455 -90.0 0.0 Nord
KRCGC116 VAC 8.0 20515 50671 456 -90.0 0.0 Nord
KRCGC1162 VAC 20.5 20847 50184 455 -90.0 0.0 Nord
KRCGC1163 VAC 22.3 20841 50172 455 -90.0 0.0 Nord
KRCGC1164 VAC 22.5 20831 50173 455 -90.0 0.0 Nord
KRCGC117 VAC 14.8 20525 50670 456 -90.0 0.0 Nord
KRCGC118 VAC 24.0 20535 50669 456 -90.0 0.0 Nord
KRCGC119 VAC 24.0 20545 50669 456 -90.0 0.0 Nord
KRCGC12 VAC 25.0 20604 50514 456 -90.0 0.0 Nord
KRCGC120 VAC 15.0 20555 50668 456 -90.0 0.0 Nord
KRCGC121 VAC 15.0 20565 50667 456 -90.0 0.0 Nord
KRCGC122 VAC 21.0 20575 50666 456 -90.0 0.0 Nord
KRCGC123 VAC 24.0 20570 50680 456 -90.0 0.0 Nord
KRCGC124 VAC 18.0 20560 50680 456 -90.0 0.0 Nord
KRCGC125 VAC 20.0 20551 50681 456 -90.0 0.0 Nord
KRCGC126 VAC 11.5 20540 50681 456 -90.0 0.0 Nord
KRCGC127 VAC 24.0 20530 50682 456 -90.0 0.0 Nord
KRCGC128 VAC 8.0 20521 50683 456 -90.0 0.0 Nord
KRCGC129 VAC 13.0 20510 50684 456 -90.0 0.0 Nord
KRCGC13 VAC 29.5 20595 50515 456 -90.0 0.0 Nord
KRCGC130 VAC 5.5 20544 50518 456 -90.0 0.0 Nord
KRCGC131 VAC 21.0 20519 50507 456 -90.0 0.0 Nord
KRCGC132 VAC 6.0 20529 50506 456 -90.0 0.0 Nord
pg. 16
ASX ANNOUNCEMENT – MAIDEN DRILL PROGRAM TO COMMENCE AT BOOMERANG GOLD DEPOSIT
16 JULY 2026
Hole ID Hole Type Max.
Depth
(m)
Local
East
Local
North
Local
mRL
Dip Local
Azimuth
Company
KRCGC134 VAC 20.4 20549 50505 456 -90.0 0.0 Nord
KRCGC136 VAC 4.0 20533 50494 455 -90.0 0.0 Nord
KRCGC137 VAC 13.0 20598 50502 456 -90.0 0.0 Nord
KRCGC138 VAC 37.0 20588 50503 456 -90.0 0.0 Nord
KRCGC139 VAC 30.0 20579 50503 456 -90.0 0.0 Nord
KRCGC14 VAC 19.0 20584 50516 456 -90.0 0.0 Nord
KRCGC140 VAC 24.0 20569 50504 456 -90.0 0.0 Nord
KRCGC141 VAC 4.0 20559 50504 456 -90.0 0.0 Nord
KRCGC142 VAC 16.0 20543 50494 455 -90.0 0.0 Nord
KRCGC143 VAC 16.5 20553 50493 456 -90.0 0.0 Nord
KRCGC144 VAC 2.0 20563 50493 456 -90.0 0.0 Nord
KRCGC145 VAC 23.5 20567 50479 455 -90.0 0.0 Nord
KRCGC146 VAC 5.0 20557 50481 456 -90.0 0.0 Nord
KRCGC147 VAC 13.0 20547 50481 456 -90.0 0.0 Nord
KRCGC15 VAC 17.0 20574 50516 456 -90.0 0.0 Nord
KRCGC16 VAC 24.0 20564 50517 456 -90.0 0.0 Nord
KRCGC17 VAC 7.0 20554 50518 456 -90.0 0.0 Nord
KRCGC18 VAC 12.0 20534 50518 456 -90.0 0.0 Nord
KRCGC19 VAC 14.0 20524 50520 456 -90.0 0.0 Nord
KRCGC2 VAC 14.0 20531 50532 456 -90.0 0.0 Nord
KRCGC20 VAC 14.0 20536 50545 456 -90.0 0.0 Nord
KRCGC21 VAC 15.0 20546 50543 456 -90.0 0.0 Nord
KRCGC215 RC 75.0 20632 50124 456 -60.0 90.0 Nord
KRCGC216 RC 50.0 20555 50530 456 -60.0 90.0 Nord
KRCGC217 RC 80.0 20643 50173 456 -60.0 90.0 Nord
KRCGC218 RC 74.0 20681 50171 456 -60.0 90.0 Nord
KRCGC219 RC 60.0 20683 50121 456 -60.0 90.0 Nord
KRCGC22 VAC 24.0 20556 50542 456 -90.0 0.0 Nord
KRCGC220 RC 74.0 20630 50074 456 -60.0 90.0 Nord
KRCGC221 RC 80.0 20639 50224 456 -60.0 90.0 Nord
KRCGC222 RC 80.0 20664 50324 456 -60.0 90.0 Nord
KRCGC223 RC 80.0 20673 50271 456 -60.0 90.0 Nord
KRCGC224 RC 50.0 20650 50123 456 -60.0 90.0 Nord
KRCGC225 RC 94.0 20603 50126 456 -60.0 90.0 Nord
KRCGC226 RC 80.0 20659 50072 456 -60.0 90.0 Nord
KRCGC227 RC 71.0 20768 50114 456 -60.0 90.0 Nord
KRCGC228 RC 72.0 20718 50118 456 -60.0 90.0 Nord
KRCGC229 RC 80.0 20646 50523 456 -60.0 90.0 Nord
pg. 17
ASX ANNOUNCEMENT – MAIDEN DRILL PROGRAM TO COMMENCE AT BOOMERANG GOLD DEPOSIT
16 JULY 2026
Hole ID Hole Type Max.
Depth
(m)
Local
East
Local
North
Local
mRL
Dip Local
Azimuth
Company
KRCGC23 VAC 22.0 20566 50543 456 -90.0 0.0 Nord
KRCGC230 RC 80.0 20596 50527 456 -60.0 90.0 Nord
KRCGC231 RC 80.0 20640 50724 456 -60.0 90.0 Nord
KRCGC232 RC 80.0 20593 50726 456 -60.0 90.0 Nord
KRCGC233 RC 80.0 20549 50733 456 -60.0 90.0 Nord
KRCGC234 RC 80.0 20694 50721 456 -60.0 90.0 Nord
KRCGC235 RC 80.0 20658 50924 456 -60.0 90.0 Nord
KRCGC236 RC 80.0 20608 50927 456 -60.0 90.0 Nord
KRCGC237 RC 53.0 20671 51124 456 -60.0 90.0 Nord
KRCGC238 RC 88.0 20622 51127 456 -60.0 90.0 Nord
KRCGC239 RC 73.0 20579 50077 456 -60.0 90.0 Nord
KRCGC24 VAC 17.0 20576 50541 456 -90.0 0.0 Nord
KRCGC240 RC 123.0 20550 50121 456 -60.0 90.0 Nord
KRCGC241 RC 116.0 20611 50175 456 -60.0 90.0 Nord
KRCGC242 RC/Diamond 300.0 20614 50225 456 -60.0 90.0 Nord
KRCGC243 RC 105.0 20623 50275 456 -60.0 90.0 Nord
KRCGC244 RC 111.0 20622 50325 456 -60.0 90.0 Nord
KRCGC245 RC 28.0 20472 51137 456 -60.0 90.0 Nord
KRCGC246 RC 92.0 20584 51330 456 -60.0 90.0 Nord
KRCGC247 RC 80.0 20535 51333 456 -60.0 90.0 Nord
KRCGC248 RC 78.0 20599 51529 456 -60.0 90.0 Nord
KRCGC249 RC 80.0 20549 51533 456 -60.0 90.0 Nord
KRCGC25 VAC 19.0 20586 50540 456 -90.0 0.0 Nord
KRCGC250 RC 92.0 20643 50273 456 -60.0 90.0 Nord
KRCGC251 RC 80.0 20646 50323 456 -60.0 90.0 Nord
KRCGC252 RC 80.0 20675 50371 456 -60.0 90.0 Nord
KRCGC253 RC 80.0 20650 50373 456 -60.0 90.0 Nord
KRCGC254 RC 80.0 20603 50427 456 -60.0 90.0 Nord
KRCGC255 RC 80.0 20547 50681 456 -60.0 90.0 Nord
KRCGC256 RC 90.0 20521 50683 456 -60.0 90.0 Nord
KRCGC257 RC 80.0 20683 50922 456 -60.0 90.0 Nord
KRCGC258 RC 80.0 20616 50977 456 -60.0 90.0 Nord
KRCGC259 RC 80.0 20608 50877 456 -60.0 90.0 Nord
KRCGC26 VAC 27.
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