New Age Exploration gears up for Wagyu drilling after cultural heritage sign-off

• NAE completes Aboriginal cultural heritage survey ahead of maiden drilling at Wagyu
• Survey allows access to high priority gold targets
• A follow up 3000m RC drilling program on track to commence in March

Special Report: New Age Exploration has completed an Aboriginal cultural heritage survey over its Wagyu gold project in WA with the help of the Kariyarra Aboriginal Corporation, paving the way for a maiden RC drill program.

The project is in the same mineralised trend as De Grey Mining’s (ASX:DEG) Hemi corridor and is less than 9km from the 11.2Moz Hemi gold deposit.

The survey expanded the area reviewed for aboriginal cultural significance at Wagyu allowing for greater on-ground access over high-priority gold targets encountered when New Age Exploration (ASX:NAE) completed two rounds aircore drilling last year.

Follow up RC drilling is now on track to commence next month, with the company committed to ensuring cultural and environmental considerations are at the forefront of its exploration strategy.

Doubling down on drill targets

Along with better access, the survey also allows the company to optimise available collar locations and access for future drill programs planned this year.

“The successful completion of the heritage survey is a critical milestone as we progress towards unlocking the full potential of the Wagyu gold project,” NAE executive director Joshua Wellisch said.

“With additional ground now cleared for exploration, we can follow up on previously restricted high-priority drill targets.

“This progress reflects our ongoing commitment to responsible exploration and strong collaboration with traditional landowners.”

Once the RC drilling is completed, the company says the data gathered will be crucial in refining its exploration model at Wagyu, allowing NAE to advance systematically towards potentially significant discoveries across its Central Pilbara projects.

This article was developed in collaboration with New Age Exploration, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.