Leonora Goldfields

KEY PROSPECTS

A Foundation Asset in the Heart of WA’s Goldfields

Acquired in May 2025, the Leonora Goldfields Project anchors EverGold’s portfolio with a JORC 2012-compliant Inferred Resource of 63,000 ounces of gold. Located just 8km from Red 5’s 4.2Moz King of the Hills processing facility, the project offers haul-road access and a clear pathway to toll-treatment or standalone development.

High-grade historical intercepts include:

  • 5m @ 57.9 g/t Au from 52m (LRC001)
  • 4m @ 12.4 g/t Au from 68m (LRC002)
  • 1m @ 36.1 g/t Au from 94m (LRC003)


These results confirm near-surface, high-grade mineralisation within a 15km structural corridor ripe for resource expansion.

Geology & Potential

The project sits within the prolific Leonora-Laverton tectonic zone, host to +50Moz of historic gold production. Mineralisation is hosted in quartz-vein stockworks within sheared mafic volcanics, with free-milling gold confirmed via metallurgical testwork.

Untested strike potential extends >2km north and south of the current resource. A 500m x 500m soil anomaly to the east remains untested — a priority for 2026 drilling.

Infrastructure Advantage

Leonora’s proximity to existing infrastructure de-risks development. Free-dig oxide material from surface supports a low-capex, open-pit scenario with rapid payback.

Sealed haul road to King of the Hills mill (8km)
Grid power within 5km
Borefield potential confirmed

Clear Work Program

Q4 2025

Infill RC drilling (2,000m) to upgrade resource confidence

Q1 2026

Metallurgical testwork and scoping study

MID 2026

Maiden economic assessment

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