Reach Resources (ASX: RR1) Completes Murchison South Grade Control Program, Validating High-Grade NW Pit

Aditi Sarkar

10 November 2026 06:36 PM AEDT

Reach Resources (ASX: RR1) Completes Murchison South Grade Control Program, Validating High-Grade NW Pit

Image Source: Shutterstock

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!

Highlights

• Reach Resources (ASX: RR1) has completed all 163 holes of the grade control program at the NW Pit, Murchison South Gold Project, confirming and in several areas exceeding the existing geological model.

• Final results include 9m at 4.7g/t gold from 6m (including 2m at 18.5g/t gold) and 15m at 1.9g/t gold from 8m, with 13 holes across the full program returning intervals above 5g/t gold.

• Five consecutive holes on a single grade control line all intersected significant mineralisation from at or near surface, providing confidence in the ore-waste boundary definition needed for mining.

• The completed dataset will now be used by Andel Resources and SMS Mining to finalise short-term mine scheduling for the NW Pit, with mining scheduled for 2027.

Reach Resources Limited (ASX:RR1), an ASX-listed gold explorer and developer focused on the Murchison South Gold Project near Paynes Find in Western Australia, has announced the completion of its 163-hole grade control drilling program at the proposed NW Pit. The final batch of 40 holes has returned further high-grade results, adding to those reported in October 2026 and validating — and in several areas exceeding — the existing geological and resource model. The completed dataset will now feed directly into short-term mine scheduling ahead of proposed first ore production.

Final Hole Results and Overall Program Outcomes

The best of the final 40 holes included hole 26MSGC0127, which returned 9m at 4.7g/t gold from 6m, including 2m at 18.5g/t gold — a higher grade than the geological model had predicted for that area. Hole 26MSGC0120 returned 15m at 1.9g/t gold from 8m, intersecting a zone previously modelled as low grade, while hole 26MSGC0126 returned 10m at 1.9g/t gold from surface, including 1m at 12.4g/t gold. Five consecutive holes on a single grade control section line (26MSGC0125 to 26MSGC0129) all intersected significant mineralisation from at or near surface — a result that provides strong confidence in the grade continuity and ore-waste boundary definition needed for bench-by-bench mining.

Across the full 163-hole program, 13 holes returned intervals above 5g/t gold and five topped 10g/t gold, with the peak result being 2m at 24.6g/t gold reported in October. The closer-spaced 10m x 10m grid has revealed a nuggety quartz-vein-hosted style of mineralisation with local zones of higher grade and greater width than the resource model, which is consistent with the nature of this type of gold deposit and expected when tightening drill spacing from the resource grid to grade control.

Mining Operations and Next Steps

The grade control program was completed to inform mining by Andel Resources Pty Ltd's Subsidiary SMS Mining, under the binding Right to Mine Agreement announced in August 2026. Andel's GM of Geology and Resource Strategy noted that the complete grade control dataset gives a sound basis to set ore-waste boundaries bench by bench and manage dilution through mining. Reach Resources confirmed it continues to work with Andel to plan similar grade control works at the Central and South pits ahead of mining in 2027. The company is also progressing its Mining Proposal submission, targeted for November.

Exploration Upside

Beyond the grade control program, Reach Resources has highlighted that mining leases M59/790, 786 and 799 — which contain strike extensions of the Primrose Shear and historical gold workings — remain undrilled by the company, representing exploration upside beyond the current 80,000-ounce Mineral Resource at the Blue Heaven deposit. Additionally, results from the approximately 2,000m resource step-out program conducted in September 2026 are still awaited. The company also holds a strategic shareholding in Delta Lithium Limited and an Investment in REEcycle Inc.

Key Insights

The validation and in-places exceedance of the resource model by the grade control program is a positive outcome, as it suggests the actual mined ore content could meet or exceed resource model expectations.

Five consecutive holes intersecting mineralisation from surface on a single section line is a particularly strong result for mine planning, reducing uncertainty about ore-waste boundaries in that portion of the pit.

The nuggety, quartz-vein-hosted style of mineralisation is typical of Archean greenstone gold deposits and justifies the tight 10m x 10m grid as the appropriate approach for pre-mining definition.

With the Mining Proposal submission targeted for November 2026 and mining scheduled for 2027, Reach Resources is on a defined path to production at Murchison South.

FAQs

Q: What is the Murchison South Gold Project?

A: The Murchison South Gold Project is a gold project near Paynes Find in Western Australia, owned by Reach Resources (ASX: RR1). It hosts the Blue Heaven gold deposit with a Mineral Resource of approximately 80,000 ounces, being advanced toward mining under a Right to Mine Agreement with Andel Resources and SMS Mining.

Q: What is grade control drilling and why is it done?

A: Grade control drilling is done on a close grid pattern ahead of mining to define precise ore-waste boundaries on each mining bench, reduce dilution and confirm that the geological model performs at the scale of actual mining operations.

Q: What were the best results in the final batch of 40 holes?

A: The best results in the final 40 holes included 9m at 4.7g/t gold from 6m (including 2m at 18.5g/t gold) in 26MSGC0127, 15m at 1.9g/t gold from 8m in 26MSGC0120, and 10m at 1.9g/t gold from surface in 26MSGC0126.

Q: Who is mining Murchison South?

A: Under the Right to Mine Agreement, Andel Resources Pty Ltd's subsidiary SMS Mining will conduct mining at the Murchison South Gold Project, with mining expected to commence in 2027.

Q: Is there exploration upside beyond the current resource?

A: Yes. Three mining leases adjacent to the NW Pit containing strike extensions of the Primrose Shear and historical workings remain undrilled by the company, and results from a September 2026 step-out program are still pending.

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.