Business
Golden Mile Resources Ltd (ASX:G88) Surface Channel Sampling Returns Significant Broad Gold Anomalism at Aurora
Golden Mile Resources Ltd (ASX:G88) Surface Channel Sampling Returns Significant Broad Gold Anomalism at

About this update from Golden Mile Resources Ltd.
Perth, Australia, June 3, 2026 - (ABN Newswire) - Golden Mile Resources Limited (ASX:G88) announced encouraging results of a year-long systematic work programme on the Aurora prospect. The channel sampling results exceeded expectations and indicate significant broad surface gold anomalism within the altered granodiorite host and provide a strong basis for progressing the prospect, which we believe could potentially become a new gold discovery. HIGHLIGHTS - Three surface channel sample lines completed over the Aurora gold prospect returned broad surface gold anomalism within the altered and sheared granodiorite host. - The southernmost line (Line 1) was the standout returning an average grade of 2.38 g/t over approximately 126 metres of sampled surface width across the interpreted mineralised trend. - Line 2, which sampled the central zone over a narrower width because of restricted outcrop, returned an average grade of 2.56g/t over approximately 55 metres of sampled surface width across the interpreted mineralised trend. - Both Lines 1 and 2 (see Figure 2) started and finished in anomalous gold, with values of 0.34 g/t Au and 3.47 g/t Au for Line 1, and 3.33 g/t Au and 1.77 g/t Au for Line 2, indicating that surface gold anomalism remains open across the sampled traverses. - Line 3 recorded lower and more sporadic gold values, suggesting that the surface gold anomalism weakens to the north of Line 1. The anomaly remains open to the south of Line 1. - G88 intends to commence permitting approvals for an initial drill programme to test the geometry, true width and depth continuity of the mineralisation. Golden Mile's Chairman, Grant Button, stated: "These highly encouraging results from Aurora are the result of a year-long systematic work programme on the prospect, which commenced with the testing of sub-cropping quartz veins and culminated in the testing of the altered granodiorite host. The channel sampling results exceeded expectations and indicate significant broad surface gold anomalism within the altered granodiorite host and provide a strong basis for progressing the prospect, which we believe could potentially become a new gold discovery. While Aurora remains at an early stage of exploration, we approach further work at Aurora with great optimism and through the considerable efforts of our US-based geological team, led by the highly experienced Tom K...
View stock analysis, news, and events for Golden Mile Resources Ltd.