Ore Resources Commences 3,000m Aircore Drilling at Mount Monger Gold Project

Aakashdeep

12 November 2026 10:15 AM AEDT

Ore Resources Commences 3,000m Aircore Drilling at Mount Monger Gold Project

Image Source: Krish Capital Pty Ltd

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Ore Resources (ASX:OR3) has commenced a 3,000m aircore drilling programme at its Mount Monger Gold Project in Western Australia's Eastern Goldfields, marking the company's first drilling activities at the Kal East Gold Projects, according to a company filing dated 12 November 2026.

Key Points

3,000m aircore drilling programme is underway at Mount Monger, targeting the Kims and Scotch Star prospects
Magnetic litho-structural interpretation has identified 11 priority structural targets at Mount Monger, with 8 located at the Kims prospect
Drilling is expected to continue through November and into early December 2026
The company held a cash balance of A$3.8 million and zero debt as at 30 September 2026
The Mount Monger Project comprises 61km² of gold tenure in Western Australia's Eastern Goldfields

Aircore Drilling Programme Targets and Design

The 3,000m aircore programme has been designed to evaluate targets generated from a detailed review of historical drilling data and newly identified targets from recent systematic exploration activities. The programme will focus on testing the Kims and Scotch Star prospects as the two highest priority areas. Regional targets including Kess, Rummy, and newly identified targets are planned for testing throughout 2027. The magnetic litho-structural interpretation completed ahead of drilling confirmed the continuation of host stratigraphy and structures from the nearby Daisy Milano deposits into Ore's tenure.

Kims and Scotch Star Prospect Details

The Kims prospect lies 2km northwest of the Daisy Milano deposits along strike, where historical drilling has intercepted significant results including 9m at 6.25 g/t Au from 9m and 3m at 5.93 g/t Au from 30m. The Scotch Star prospect is located 3km northwest on geological trend to Black Cat Syndicates' Fingals Gold Mine. Historical results at Scotch Star include 10m at 5.80 g/t Au from 61m and 16m at 1.15 g/t Au from 47m. Eight of the 11 identified priority structural targets are located at Kims, where geological and structural characteristics analogous to those at Daisy Milano have been recognised.

Mount Monger Project Overview and Funding Position

The recently expanded Mount Monger Project comprises 61km² of prospective gold tenure in Western Australia's Eastern Goldfields, encompassing several greenstone and metasedimentary sequences considered prospective for orogenic gold mineralisation. The project benefits from infrastructure access via the sealed Mount Monger Road. The company disclosed a cash balance of A$3.8 million and zero debt as at 30 September 2026. Drilling results are aimed at advancing priority targets, generating new discovery opportunities, and supporting future gold resource growth within the Kal East Gold Projects.

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