Normandy Minerals (ASX:NMD) Intersects 17 Metres at 10.50 g/t Gold in First Halleys Diamond Holes

Aditi Sarkar

28 October 2026 04:22 PM AEDT

Normandy Minerals (ASX:NMD) Intersects 17 Metres at 10.50 g/t Gold in First Halleys Diamond Holes

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Highlights

Hole 26NMDD0008 intersected 17.0 metres at 10.50 grams per tonne gold from 65.0 metres, including 5.2 metres at 26.53 g/t.
The company said the multiple high-grade lenses support a stacked lode model at the 100 per cent owned Halleys deposit.
Hole 26NMDD0014 was designed to re-test historical hole BRC0135, which reported 6.0 metres at 102.66 g/t, but missed it.
About 905 metres of diamond drilling is complete, assays are pending for four holes, and reverse circulation drilling follows.

The first two diamond holes at Halleys told two different stories. Normandy Minerals Ltd (ASX:NMD) reported on 28 October 2026 that hole 26NMDD0008 intersected 17.0 metres at 10.50 grams per tonne gold from 65.0 metres. Together with a second hole, the maiden program returned multiple high-grade lenses, which the company said supports a stacked lode model. The second hole did not reach its target.

Inside the 17-metre composite

Within the composite, the company highlighted 5.0 metres at 7.92 grams per tonne from 65.0 metres and 5.2 metres at 26.53 grams per tonne from 76.8 metres. Shallower results in the same hole included 3.0 metres at 4.75 grams per tonne from 31.0 metres and 8.4 metres at 0.74 grams per tonne from 38.6 metres.

The stated reporting criteria are a one-metre minimum width, a 0.5 gram per tonne lower cut-off and up to two metres of internal dilution. The 17-metre composite is an explicit exception, presented to show overall continuity. The sample table shows a barren gap of roughly 6 metres, mostly 0.1 to 0.3 grams per tonne, between the two higher-grade zones, so the composite averages across it. No top cuts were applied and no metal-equivalent grades are reported.

Hole 26NMDD0008 was drilled approximately perpendicular to the interpreted zone, so the main intersection approximates true width.

The hole that missed

The second reported hole, 26NMDD0014, was drilled down-dip, so its intersections are not true width. It returned 1.0 metre at 10.20 grams per tonne from 60.80 metres and 1.23 metres at 0.82 grams per tonne from 102.77 metres.

Access limits near the old pit void forced a semi-down-dip collar position, and the hole deviated. Normandy said the target, historical hole BRC0135 with 6.0 metres at 102.66 grams per tonne inside 14.0 metres at 45.32 grams per tonne, was not intercepted.

Project and program status

Halleys sits on prospecting licence P77/4706, which the company says is 100 per cent owned with no royalties, about 200 kilometres north of Southern Cross. The pit was mined and finished in 2014. Normandy describes a structurally controlled Archean gold occurrence near the intersection of the north-east trending Halleys Shear and the north-south Moondie Shear, hosted in a steeply south-east dipping basaltic sequence with intruding porphyries. Orientation is still being defined, and no folding has been identified so far.

About 905 metres of diamond drilling is complete and drilling continues. Assays are pending for 26NMDD0001, 0002, 0005 and 0009, and 26NMDD0007 was terminated at 17.3 metres because of drilling difficulties and will be redrilled.

Sampling and next steps

Half-core went to ALS in Perth for 30-gram fire assay with an atomic absorption finish. The company said its standards and blanks, plus the laboratory's internal checks, were acceptable, and the review was internal with no independent audit.

Next come completion of the diamond program, which will also supply structural and geotechnical data, and reverse circulation drilling to test extensions and priority targets, described as imminent. Normandy also plans systematic sampling of the historical stockpile for grade and metallurgy, regional soil geochemistry and consolidated assay updates. These are plans, and exploration results are not a mineral resource or reserve.

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