Audalia Resources Limited Advances Medcalf Exploration: Extensive RC Drilling Fuels Resource Upgrade & Maiden Ore Reserve Plans in Western Australia
Friday, July 25, 2025
at
8:16 am
Audalia Resources Limited has advanced its Medcalf Project with extensive drilling, geotechnical, and metallurgical programs. These efforts are enhancing resource estimates and refining mine design, strengthening the project’s fundamentals to boost investor appeal for emerging trading opportunities.
Audalia Resources Limited has advanced its exploration agenda with a detailed update on its Medcalf Project in Western Australia. The project, spanning an area of 38 km² near Lake Johnston and positioned within the Archaean Lake Johnston greenstone belt, is progressing through several key stages that include a new Mineral Resource Estimate, comprehensive geotechnical studies for pre-feasibility mine design, metallurgical testwork, and an eventual maiden Ore Reserve.
Recent activity saw a rigorous RC infill drilling program executed at the Vesuvius, Fuji, and Pinatubo prospects. In this phase, 41 drill holes totaling 1,267 meters were completed with meticulous quality control protocols, including sample collection every metre and the insertion of duplicates, blanks, and standards every 20 meters. Additionally, a supplementary drilling campaign at the Egmont prospect extended the mineralized boundary definition through eight RC holes adding 376 meters of drilling. Both efforts, supported by laboratory analysis at Intertek, have provided robust data to inform an updated Mineral Resource Estimate scheduled to be finalized next quarter.
Parallel to drilling, the company has undertaken geotechnical drilling, with nine PQ core holes drilled for over 500 meters and an extra hole dedicated to metallurgical testwork. These drills, designed in partnership with experienced consultants and carried out by specialist drilling companies, aim to establish the optimal pit wall slope angles vital for efficient mine design. The metallurgical program is concurrently underway, processing PQ core samples at renowned laboratories to determine size fractionation, an essential factor for future ore recovery estimates.
The incremental steps toward completing an updated Mineral Resource Estimate, alongside the geotechnical and metallurgical reports, pave the way for Audalia Resources Limited to advance to a maiden Ore Reserve calculation. This comprehensive exploration and evaluation process represents a methodical approach to delineating the project's potential, ensuring that technical performance is underpinned by rigorous data collection and analysis.
Market sentiment surrounding the recent update appears cautiously optimistic. On the bullish side, the successful infill RC drilling and extensive QAQC measures suggest improved resource confidence and detailed geological understanding, which are positive signals for project progression. Moreover, the structured approach to integrating geotechnical and metallurgical data lends robustness to future resource and reserve estimates, potentially enhancing the asset’s valuation. Conversely, the delay encountered with one extended hole due to adverse weather conditions, along with the ongoing need to refine the mineralized boundaries, might provoke a modest bearish perspective given the inherent uncertainties in early-stage exploration. These factors underscore the delicate balance between progress and caution in evaluating the project's near-term prospects.