Abercromby Gold Project

The Abercromby Gold Project is a 100%-owned gold asset located in the Agnew–Wiluna Greenstone Belt in Western Australia, one of Australia’s most productive gold regions with an endowment of more than 40Moz Au.

The project is positioned within an established mining district and is supported by access to regional infrastructure and nearby processing operations.

Abercromby hosts a Mineral Resource of 11.1Mt @ 1.45g/t Au for 518,000oz Au at the Capital Deposit. The resource is located on two granted Mining Leases (M53/1095 and M53/336), providing a clear pathway for advancement through development studies and approvals. Mineralisation remains open at depth and along strike, supporting the potential for further resource growth.

The Capital Deposit is interpreted as a structurally controlled gold system comprising multiple lodes within a broader mineralised corridor. Higher-grade zones occur within the global resource and provide flexibility for staged development scenarios. Metallurgical test work has confirmed free milling gold across all zones, with high recoveries achieved using conventional carbon-in-leach processing.

WAU’s strategy at Abercromby is focused on expanding and upgrading the existing resource base while progressing development studies. Ongoing drilling programs are targeting extensions to known high-grade lodes and testing underexplored zones, with the aim of increasing confidence in the resource model and supporting mine planning.

Beyond the Capital Deposit, the broader Abercromby project area remains underexplored. Regional targets to the south, including Capital South, Archer and Barrack, have demonstrated gold anomalism and provide additional upside through targeted exploration. These areas are considered prospective for repetitions of Capital-style mineralisation and represent a pipeline of opportunities for future resource growth.