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New Age Exploration Advances Wagyu Drilling and New Zealand Gold Programs on Strong Cash Position

Story Highlights
  • New Age Exploration advanced a major drilling program at its Wagyu Gold Project, targeting extensions of Hemi-style gold near significant Pilbara deposits.
  • The company progressed exploration planning across its New Zealand gold portfolio and strengthened its funding with a $3.75 million capital raise.
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New Age Exploration Advances Wagyu Drilling and New Zealand Gold Programs on Strong Cash Position

Meet Samuel – Your Personal Investing Prophet

New Age Exploration Limited ( (AU:NAE) ) has provided an announcement.

New Age Exploration’s December 2025 quarterly report highlights the recommencement and ongoing progress of a ~4,000-metre reverse circulation drilling program at its Wagyu Gold Project in the Central Pilbara, targeting strike and depth extensions of Hemi-style gold mineralisation near major regional deposits. By late December, 24 holes totaling 2,388 metres had been completed across several high-priority targets, with geology consistent with previous encouraging results and assays expected through the first quarter of 2026, while the company also advanced its New Zealand assets through follow-up planning at Lammerlaw and Waipori and early-stage work at Marlborough, supported by a $3.75 million capital raising that leaves it well funded for continued exploration.

The most recent analyst rating on (AU:NAE) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on New Age Exploration Limited stock, see the AU:NAE Stock Forecast page.

More about New Age Exploration Limited

New Age Exploration Limited is an ASX-listed mineral exploration company focused on gold projects in highly prospective regions of Western Australia and New Zealand. Its portfolio includes the Wagyu Gold Project in the Mallina Basin near major deposits such as Hemi, as well as the Lammerlaw, Waipori and Marlborough projects in New Zealand, where it is pursuing orogenic and “Macraes-style” gold targets.

Current Market Cap: A$14.72M

See more insights into NAE stock on TipRanks’ Stock Analysis page.

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