Image Resources NL (IMA.ASX) Drilling Results - Erayinia/King Gold Project
Image Resources NL (ASX:IMA) (FRA:I5R) provided an update on diamond core drilling carried out at the Company's 100%-owned Erayinia/King gold project.
Highlights:
o Two diamond core drill holes to test continuity of mineralisation at depth
o Broad zone of gold mineralisation identified in each hole
- 23m @ 0.7 g/t Au from 342m depth including 2m @ 2.2 g/t from 363m in EYDD01
- 11m @ 0.9 g/t Au from 346m depth including 2m @ 2.7 g/t from 346m in EYDD02
o Core logging provided geological insight that has improved the geological interpretation of mineralisation and increased confidence in geological model used for maiden Mineral Resource Estimate
Two diamond core holes were drilled to investigate structural targets and continuity of gold mineralisation at depth beneath known shallow gold mineralisation on the King prospecting licences. Broad zones of low-grade gold mineralisation were encountered in each hole at depth, confirming continuity of the mineralised system, and adding substantially to the understanding of structural geology of the deposit.
Detailed logging of the oriented core, focusing on lithology and geological structure, revealed a strong and consistent foliation, along with two distinct plunging structures on the foliation plane (quartz lenses plunging steeply to the southwest and a fold axis plunging gently to the northwest).
This newly acquired structural information was used to update the geological model and to inform a maiden Mineral Resource Estimate (MRE) conducted by Snowden Optiro.
Summary of results
Two diamond core holes (EYDD01 & EYDD02) were drilled in May 2025. Analyses of core samples were completed in October 2025. Drill collar information is presented in Appendix 2*.
Assay results are presented in Appendix 3*.
Of the 437 samples submitted, 216 contained detectable gold, with 32 classified as mineralised. Select results from core assays include the following:
o 23m @ 0.74 g/t Au from 342m depth including 2m @ 2.2 g/t from 363m in EYDD01
o 11m @ 0.91 g/t Au from 346m depth including 2m @ 2.7 g/t from 346m in EYDD02
Next Steps
A maiden MRE conducted by Snowden Optiro will inform next steps which may include additional drilling to expand the footprint of mineralisation, including potential higher grades at depth, or potentially divesting of the gold tenements to maintain the Company's focus on its material minerals sands development projects.
*To view tables and figures, please visit:
https://abnnewswire.net/lnk/90DNU0H7
INVESTORS Patrick Mutz MANAGING DIRECTOR and CEO E. info@imageres.com.au MEDIA Helena Bogle MEDIA CONSULTANT - SPOKE. E. helena@hellospoke.com.au
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