Highlights:

  • Broken Hill Gold shares were trading at AUD 0.155, down 6.06% during the afternoon Trading session on 19 August 2026.
  • Historical exploration review identified multiple near-mine gold-copper targets at White Dam.
  • Priority prospects include Mary Mine, Wilkins, Green and Gold, Hannaford and Vertigo.
  • IP and magnetic Geophysical surveys are planned to refine deeper sulphide exploration targets.
  • The company is progressing resource upgrades and exploration programs across its South Australian tenements.

Broken Hill Gold Ltd (ASX:BH6) has identified multiple near-mine gold-copper exploration targets at its 100%-owned White Dam Gold Project in South Australia following a review of historical exploration data and geophysical information.

Broken Hill Gold shares were trading at AUD 0.155, down 6.06% during the afternoon trading session on 19 August 2026. The company’s latest update outlined a broader exploration strategy focused on identifying deeper sulphide-hosted mineralisation beneath historically mined oxide zones.

Historical Review Expands White Dam Exploration Pipeline

Broken Hill Gold completed a compilation and review of historical exploration databases and geophysical datasets across the White Dam Project.

The review identified multiple targets where historical drilling was either limited in depth or had not tested potential primary sulphide mineralisation below shallow oxide zones.

The company stated that exploration at White Dam historically focused mainly on shallow oxide resources suitable for heap leach processing, with limited deeper drilling.

The recent Icebreaker gold-copper sulphide discovery has shifted exploration focus towards evaluating deeper mineralisation potential across the broader project area.

Multiple Gold-Copper Targets Identified

Broken Hill Gold has highlighted several priority targets across the White Dam tenements, including areas with historical gold and copper mineralisation.

Key targets include:

Mary Mine

Located approximately 12km west of White Dam, Mary Mine contains historical shallow workings and limited drilling.

Historical results include:

  • 16 metres at 0.9g/t gold and 2.2% copper from 13 metres;
  • 4.2 metres at 0.3g/t gold and 1.1% copper from 1.8 metres.

Surface sampling has also returned results including 5.3g/t gold and 13% copper.

Wilkins Prospect

Located approximately 12km south of White Dam, Wilkins has historical gold-copper mineralisation with limited deeper testing.

Historical drilling results include:

  • 9 metres at 0.9g/t gold and 0.5% copper from 89 metres, including 1 metre at 4.0g/t gold and 0.3% copper.

Green and Gold Mine

Located approximately 16km southwest of White Dam, Green and Gold contains historical mine workings and gold-copper mineralisation.

Historical drilling returned:

  • 36 metres at 1.0g/t gold and 0.3% copper from 56 metres, including 4 metres at 3.8g/t gold and 0.5% copper.

Geophysics to Refine Sulphide Targets

Broken Hill Gold plans to commence Induced Polarisation (IP) and magnetic geophysical surveys over priority exploration areas.

The surveys are intended to help define deeper drilling targets and assess potential sulphide-hosted mineralisation.

The company stated that several targets share structural and geophysical characteristics with existing deposits including Vertigo, Hannaford and White Dam North, now renamed Icebreaker.

Icebreaker Discovery Supports Broader Exploration Strategy

The company’s recent Icebreaker gold-copper sulphide discovery has influenced its exploration approach across White Dam.

Broken Hill Gold stated that the discovery highlighted the potential for near-surface sulphide-hosted copper-gold systems beneath previously explored oxide zones.

Historical drilling beneath the Hannaford and Vertigo pits has already identified deeper mineralisation, including drillhole WD111 returning:

  • 29 metres at 0.7g/t gold and 0.02% copper from 315 metres.

The company noted that this mineralisation remains open along strike and down dip.

Resource Upgrades and Development Studies Continue

Alongside regional exploration, Broken Hill Gold continues drilling activities focused on upgrading existing oxide Mineral Resource Estimates.

Current programs include Icebreaker drilling, with additional programs planned for Vertigo North Extended and Hannaford during August and September.

The company is targeting an updated oxide Mineral Resource Estimate in Q4 2026, followed by open-pit optimisation studies and mine planning.

The existing White Dam Mineral Resource Estimate includes 4.6 million tonnes at 0.7g/t gold for approximately 101,900 ounces of contained gold.

Curnamona Province Provides Regional Opportunity

Broken Hill Gold highlighted the broader potential of South Australia’s Curnamona Province, where several significant copper-gold systems occur.

The company referenced nearby deposits including Kalkaroo, North Portia and Mutooroo, which demonstrate the presence of copper-gold mineralisation systems within the region.

Broken Hill Gold stated that the province remains underexplored relative to its geological potential.

Exploration Program to Expand Across Tenements

The company plans a substantial exploration program over the next 18 months, including more than 30,000 metres of drilling, electrical and magnetic geophysics and geochemical surveys.

Permitting applications for drilling near-mine targets have been submitted to the South Australian Department for Energy and Mining.

Heritage clearances for regional prospects are also scheduled to commence.

Investor Takeaway

Broken Hill Gold’s latest update highlights an expanded exploration pipeline at White Dam, with multiple gold-copper targets identified through historical data review and planned geophysical surveys.

Investors may continue monitoring exploration results, drilling programs, resource upgrades, Icebreaker development progress and broader exploration activities across the Curnamona Province.