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Gold & silver

Vault Minerals drills high-grade hits to support mine life extensions across portfolio

Vault Minerals Limited (ASX:VAU) has reported a strong suite of high-grade drilling results across its Leonora operations, as well as at Deflector and Sugar Zone, highlighting potential mine life extensions and new mining fronts beyond current Ore Reserves.

At King of the Hills (KoTH) in Leonora, underground drilling intersected 7.60 metres at 31.7 g/t gold, 10.25 metres at 4.13 g/t and 1.77 metres at 16.5 g/t within the Imperial hanging-wall lode, confirming high-grade extensions north of existing workings.

The emerging 5200 lode within the Sandsnake sedimentary unit also returned standout hits including 5.15 metres at 25.8 g/t, 3.80 metres at 19.4 g/t and 0.40 metres at 91.4 g/t, with the lode remaining open down dip.

At Darlot, drilling at the Warne discovery delivered 4.34 metres at 24.5 g/t and 0.60 metres at 151.5 g/t, supporting potential resource upgrades and a new shallow mining area. In the adjacent Pipeline and upper Lords zones, results included 8.70 metres at 21.3 g/t and 4.60 metres at 35.3 g/t, strengthening confidence in future Reserve growth.

At Deflector, the Contact lode returned intersections such as 1.3 metres at 22.8 g/t and 0.8 metres at 27.6 g/t, positioning it as a potential new mine front outside current Reserves.

Meanwhile, at the TT8 prospect near Sugar Zone, initial assays from Vault’s maiden program returned 1.05 metres at 21.2 g/t and 6.29 metres at 3.16 g/t, with further results pending.

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