Strategic location in the Murchison Gold District of WA
Advanced gold exploration asset located near operating mills
Located adjacent to the +3.5Moz Mt Magnet gold mine
Extensive gold system defined, with significant results highlighting shallow, open pit potential
Previously a non-core asset held by Genesis Minerals in JV
Ordell holds an 80.3% interest in the project
Gold system at Barimaia hosted within granodiorite intrusion
Similar geology to Ramelius’ 1.3Moz Eridanus deposit
Eridanus Deposit – 24Mt @ 1.7g/t Au (1.3Moz), plus an additional +300,000oz mined from open pit (source: RMS ASX release, 1 October 2025)
McNabs Prospects occur under 10m of transported cover
Barimaia granodiorite intrusion, the primary geological target for exploration, is over 7km long
Scale of exploration opportunity enhanced
Ordell focused on drilling and discovering since IPO
2026 exploration drilling targeting extensions of known mineralisation and new discoveries along the +7km long prospective corridor
McNabs East
Focus on McNabs East – now over an interpreted strike extent of more than 800m
Significant gold mineralisation returned including:
2m @ 92.20g/t Au from 60m including 1m @ 182.3g/t Au
22.7m @ 4.09g/t Au from 71.3m
15m @ 4.41g/t Au from 65m including 2m @ 26.60g/t Au
29m @ 2.52g/t Au from 81m
25m @ 2.43g/t Au from 175m including 0.3m @ 109.9g/t Au
2m @ 23.66g/t Au from 79m
8m @ 7.27g/t Au from 34m
19m @ 2.29g/t Au from 53m
22.80m @ 1.78g/t Au from 62.2m
10m @ 4.24g/t Au from 44m
Plenty of Upside – 2026 Exploration
Recent aircore drilling has defined a large target zone within the granodiorite intrusion along strike from McNabs East
Wide spaced RC drilling to be completed in March Quarter
Area of recent RC drilling which returned significant results at McNabs East was initially identified by aircore drilling which returned gold anomalism of ~100ppb Au (0.100g/t Au) from bottom of hole gold assays
