Kurnalpi Project
Kurnalpi Project
Overlooked gold ground in a world-class province.
Overview
The Kurnalpi Project is located in the Eastern Goldfields of Western Australia, approximately 90 km northeast of Kalgoorlie, accessed via the sealed Yarri Road and station tracks. The Project comprises three exploration licences; E27/707 and E27/653 (granted) and E27/676 (under application), covering approximately 90 km².
The Project is prospective for structurally controlled orogenic gold within both greenstone and granitic units, with additional potential for VHMS base metals and nickel sulphide beneath cover.
| Location | Eastern Goldfields, WA. 90 km northeast of Kalgoorlie |
| Tenure | Three exploration licences (two granted, one under application) |
| Area | Approximately 90 km² |
| Targets | Orogenic gold; VHMS and nickel sulphide potential under cover |
A world-class neighbourhood
Kurnalpi lies within the Kalgoorlie Terrane of the Eastern Goldfields, a highly mineralised Archean granite-greenstone terrane hosting world-class gold and nickel deposits. Major gold and nickel mines operate within 50 km, and significant depositsincluding the Lindsays, Mulgabbie, Gordon Sirdar and Golden Cities gold deposits and the Silver Swan, Black Swan and Carr Boyd nickel deposits, lie 10 to 25 km from the tenements.
The Cesena target
Historical geochemistry delineated the Cesena 3 prospect, a northerly trending gold-anomalous zone approximately 600 m long that may overlie multiple mineralised structures. Shallow RAB drilling in 2012 returned a best result of 3 m at 0.91 g/t Au from 15 m, and the final metre of the neighbouring hole ended in mineralisation, grading 0.97 g/t Au. Neither the depth extension nor the full strike of the anomaly has been drill-tested since, and Gwardar’s first-year program prioritises this prospect.
| Prospect | Hole | Result |
|---|---|---|
| SW003 / Cesena 3 | GDRB0065 | 15m at 0.26 g/t Au from 12m, incl. 3 m at 0.91 g/t Au from 15 m |
| SW003 / Cesena 3 | GDRB0066 | 4m at 0.53 g/t Au from 24 m to end of hole, incl. 1m at 0.97 g/t Au |
| SW003 / Cesena 3 | GDRB0067 | 3m at 0.42 g/t Au from 36 m |
Underexplored ground
Since the 1960s the surrounding region has seen continuous exploration for gold, nickel, base metals, lithium and iron, however, the Kurnalpi blocks sat on the margins of large historical tenement packages whose holders focused on proven mineralisation elsewhere. Extensive transported cover over deeply weathered basement limited the effectiveness of many surface sampling methods relied on by past explorers. In their own surrender reports, previous holders concluded the ground remained prospective but left it untested.
Next steps
The staged program begins with validation of historical data, reprocessing of geophysics and satellite-imagery regolith mapping, followed by field reconnaissance and geochemical follow-up, with priority on the Cesena Prospect, before target ranking and drill testing of the highest-priority targets by aircore and RC drilling.
Source statement
The technical information on this page has been extracted from the Independent Technical Assessment Report prepared by MinVal Pty Ltd dated 29 May 2026 and included in the Company’s Prospectus dated 12 June 2026, copies of which are available on this website. Historical exploration results were reported by previous explorers and sourced from WAMEX open-file records; they have not been verified by drilling undertaken by the Company.
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