Barimaia Gold Project

Project Highlights

• Strategic location in the Murchison Gold District of WA
• Immediately SE of Ramelius’ Mt Magnet Gold Mine
• Opportunity to assess a drill ready ground package in close proximity to several producing gold mines
• Extensive gold system defined with limited drill testing
• Ordell has acquired Genesis Minerals Limited’s (ASX: GMD) 80.2% interest in the Barimaia Project by acquisition of 100% of Metallo Minerals Pty Ltd
• Genesis commenced the project in 2017 following the acquisition of Metallo
• Exploration by Genesis of Barimaia was limited as a result of the focus on the Ulysses Project near Leonora
• Ordell’s objective is to define significant shallow (<100m) gold resources
• Extensive gold system defined associated with felsic intrusion host rocks within mafic-ultramafic stratigraphy
• East-west orientation of the stratigraphy confirmed by Genesis drilling and interpretation in 2018
• No modern exploration until post 2010
• The McNabs Prospects are under up to 10m of transported cover
• 2021 AC drilling extended the ENE trending Au anomalous corridor a further ~900m to the east
• 2024/2025 drill testing over 3.5km of strike
• 2025 aircore drilling campaign, along strike from the 2.5km zone of mineralisation already defined at the McNabs and McNabs East Prospects, more than doubled the size of the targeted Barimaia granodiorite host intrusion to over 7km of strike
• Exploration over the coming months will include the following:
  • Continuing to expand the large zone of gold mineralisation at McNabs East, with drilling targeting high-grade mineralisation within the potential down-plunge extensions across the entire +200m wide granodiorite intrusion host rock;
  • RC drilling to test the newly identified area west of the McNabs Prospect;
  • Following up anomalous gold zones and felsic intrusion identified by wide-spaced air-core drilling within the near-surface (oxide zones); and
  • Further in-fill and extensional air-core drilling along the +7km of known prospective strike.
  • An aeromagnetic survey will be completed in November.

Ordell Minerals 2025 drill testing

• Strong zones of gold mineralisation intersected in recent diamond drilling at the McNabs East Prospect, with key results including:
  • 25m @ 2.43g/t Au from 175m 25BADD013
    Including 0.3m @ 109.89g/t Au from 175.40m
  • 35m @ 0.90g/t Au from 104m 25BADD013
    Including 18m @ 1.27g/t Au from 121m
  • 33m @ 0.87g/t Au from 108m 25BADD015
    Including 7m @ 2.32g/t Au from 132m
  • 18m @ 1.46g/t Au from 203m 25BADD015
  • 15m @ 0.70g/t Au from 93m 25BADD014
• The extensive zone of gold mineralisation continues to be expanded with wide zones of gold mineralisation returned from the eastern side of McNabs East, which remains open along strike and untested down the interpreted plunge of the mineralisation to the east.
• Wide-spaced first-pass shallow Reverse Circulation (RC) drilling completed over the recently extended Barimaia Intrusion, with a significant shallow intercept recorded ~1km east of The Furnace prospect, opening up a potential new drill target:
  • 5m @ 3.06g/t Au from 25m 25BARC159
• RC drilling to re-commence late August with diamond drilling scheduled for early September.

See announcement (PDF): Diamond Drilling Expands McNabs East with Wide Intercepts including High Gold Grades (20 August 2025).

For more on 2025 drilling

• See announcement (PDF): New Zone of Shallow, High-Grade Gold Mineralisation Intersected at Barimaia Gold Project, WA (16 April 2025).
• See announcement (PDF): Further Shallow, High Grade Gold Mineralisation Intersected at Barimaia Gold Project, WA (2 April 2025)
• See announcement (PDF): Major New ~8,000m Growth Drilling Program Commences at Barimaia Gold Project, WA (19 February 2025)
• See announcement (PDF): High-Grade Gold Returned in First Diamond Drill Program at Barimaia Gold Project, WA (14 January 2025)

For more on 2024 drilling

• See announcement (PDF): Shallow, High-Grade Gold Mineralisation Intersected at Barimaia Gold Project (4 November 2024)
• See announcement (PDF): Drilling confirms shallow zones of gold mineralisation at Barimaia Gold Project, WA (11 September 2024)