GoldArc Resources launches dual drilling campaigns at Leonora South. The ASX-listed explorer is executing 6000 metres of reverse circulation drilling alongside a 3000 metre aircore program at its Western Australia gold project. Management aims to expand the current 200000 ounce JORC resource base through testing depth and strike extensions across five key prospect areas. The company is partnering with Mineral Mining Services under a capital-efficient drill-for-equity model to maintain balance sheet strength. Recent high-grade results including a standout 1.0 metre intercept grading 25.21 grams per tonne gold at Whistler have prompted the accelerated exploration push. The RC program targets Orion, Sapphire, Eclipse, Justice and Euroa prospects over the next two months, focusing on infill and extensional drilling to improve confidence in deeper mineralised shoots. GA8 shares rose 4.
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