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
Drilling between May and July 2026 (~15,000m) is targeting high-grade gold extensions of known mineralisation and new discoveries along Barimaia Intrusive System
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
4.6m @ 19.60g/t Au from 177m
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
Exploration – May to July 2026 ~15,000m
McNabs East Main Zone: RC and diamond drilling to test strike and plunge extensions of the high-grade gold mineralisation recently outlined at McNabs East
McNabs East North Zone: Continue RC and diamond drilling to confirm continuity of currently defined mineralisation
The Furnace: RC drilling at 200m and 100m line spacing to continue first pass testing of the intrusion in this area. The Furnace Prospect represents a large exploration target extending over ~1.5km of strike, with bottom-of-hole aircore assays of up to 2.88g/t Au which are untested
Aircore South and East: Completion of systematic aircore drilling to follow up aircore-generated gold and multielement geochemical anomalies with the objective of identifying new prospective intrusions
McNabs North and South: RC drilling to test areas of potential intrusion to the north and south of the McNabs Prospect
