Evergold Minerals Begins 8,000m RC Drilling at Duchess of York to Target Maiden Resource in Early 2027

Mukul

12 November 2026 10:15 AM AEDT

Evergold Minerals Begins 8,000m RC Drilling at Duchess of York to Target Maiden Resource in Early 2027

Image Source: Krish Capital Pty Ltd

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Evergold Minerals Limited (ASX:EG1) has commenced an 8,000-metre reverse circulation drilling program at its Duchess of York Prospect at the Mt Monger Gold Project, approximately 70 kilometres southeast of Kalgoorlie in Western Australia, with the program designed to support a maiden Mineral Resource Estimate targeted for early 2027.

Key Points

RC drilling by Red Rock Drilling commenced at Duchess of York on 11 November 2026, following site preparation by Saltbush Contracting, with resource definition drilling expected to be completed by end of November 2026.
The 8,000-metre program also includes follow-up RC drilling at Vanguard, where bottom-of-hole geochemistry has outlined a gold–arsenic anomaly of approximately 900m by 650m, and at Kiaki Soaks in December 2026.
At Vanguard, gold above 0.1 g/t Au defines an anomaly of approximately 450m by 300m, enclosed by a broader arsenic anomaly above 50 ppm As of approximately 900m by 650m.
Metallurgical test work on Duchess of York RC samples commenced in October 2026, with results expected in November 2026.

Resource Definition Drilling at Duchess of York

Drilling is designed to test the continuity, geometry and grade distribution of mineralisation at a spacing suitable to support a maiden Mineral Resource Estimate at Duchess of York, targeted for early 2027. The maiden RC program completed in July 2026 returned intercepts including 25m at 3.47 g/t Au from 3m, including 1m at 52.7 g/t Au from 9m (MM26RC0005). Selected holes in the current program will also test for extensions at depth. The company disclosed that metallurgical test work covering oxide, transitional and fresh mineralisation commenced in October 2026, with results expected later in November 2026.

Vanguard Gold–Arsenic Anomaly Details

A review of bottom-of-hole multi-element geochemistry from the 2026 aircore program, together with historical RC drilling, covered 262 bottom-of-hole samples and 35 historical RC holes, all analysed by four-acid digest with ICP-MS finish. The arsenic anomaly lies largely within a low-density body modelled from 3D gravity inversion and interpreted as a concealed sanukitoid intrusion. Supporting aircore intercepts include 19m at 0.86 g/t Au from 28m, including 4m at 2.37 g/t Au (MM26AC0022), and 4m at 0.65 g/t Au from 16m to end of hole (MM26AC0024), with a peak of 312 ppm As recorded in the bottom-of-hole sample.

Kiaki Soaks Drilling and Exploration Pipeline

The current RC program includes Evergold's first drilling at Kiaki Soaks, where historical drilling returned 40m at 2.49 g/t Au from 32m (KIRC007), 12m at 1.8 g/t Au from 24m (MMAC62) and 6m at 1.5 g/t Au from 30m (MMAC66). Historical results identified gold mineralisation over approximately 350 metres of strike. Follow-up drilling at Vanguard and Kiaki Soaks is scheduled for December 2026. The company stated that the combination of metallurgical work and resource drilling at Duchess of York will guide the company on the planned target for first production by end of 2027.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.