MB Gold (ASX:MBG) Completes Phase 2 RC Assays with High-Grade Gold Results

Aditi Sarkar

28 October 2026 05:03 PM AEDT

MB Gold (ASX:MBG) Completes Phase 2 RC Assays with High-Grade Gold Results

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Highlights

Hole 26MBRC070 returned 12m at 3.85 g/t Au, including 1m at 30 g/t Au, the best gram-metre intercept at the project to date.
All assays from the 4,308m Phase 2 RC program at Twin Veins and Razorback have been received.
Mineralisation remains open along strike and at depth.
A 2,000m diamond drilling program was scheduled to start in November.

MB Gold Limited (ASX:MBG) has reported the final assay results from its Phase 2 RC drilling program at the Marble Bar Gold Project in Western Australia. Results for the final 14 of 20 holes at the Razorback prospect continued to return high-grade gold.

Razorback Drilling Results

Hole 26MBRC070 returned 12m at 3.85 g/t Au from 50m, including 1m at 30 g/t Au from 57m, the best gram-metre intercept at the project to date. Other results included 5m at 1.13 g/t Au, 3m at 1.95 g/t Au and 2m at 2.7 g/t Au.

These add to earlier Razorback results, including 9m at 4.03 g/t Au and 8m at 2.50 g/t Au. CEO Logan Barber noted that drilling is shallow, generally within the top 100m, and mineralisation remains open along strike and at depth.

Phase 2 Program and Twin Veins

All assays have now been received from the 4,308m RC program at Twin Veins and Razorback. Earlier Twin Veins results included 7m at 2.52 g/t Au from 67m.

Drilling was generally on 40m by 40m spacing, with 20m infill around historic drilling. Gold was assayed by 50g fire assay.

Next Steps and Project Setting

A 2,000m diamond drilling program was scheduled to begin in November, targeting IP chargeable anomalies at Murphy Well and Twin Veins and collecting structural and metallurgical samples at Twin Veins and Razorback. Assays are expected in Q1 2027, and further Razorback RC drilling is planned for 2027.

The Marble Bar Gold Project covers more than 500km², including a 12km strike length of gold-in-soil anomalies. It lies about 150km from Port Hedland and 60km from the Warrawoona Operations.

Key Takeaways

Razorback continues to deliver shallow, high-grade gold results.
The project's best intercept to date strengthens the case for more drilling.
Diamond drilling will test IP targets and provide metallurgical samples.
Extensional drilling at Razorback is a priority for 2027.

FAQs

Q: What was MB Gold's best result?

A: 12m at 3.85 g/t Au, including 1m at 30 g/t Au, in hole 26MBRC070.

Q: How large was the Phase 2 program?

A: 4,308m of RC drilling at Twin Veins and Razorback.

Q: Is the mineralisation open?

A: Yes, it remains open along strike and at depth.

Q: What drilling is planned next?

A: A 2,000m diamond program, with assays due in Q1 2027.

Q: Where is the Marble Bar Gold Project?

A: In the Pilbara, about 150km from Port Hedland, Western Australia.

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