Premier1 completes EIS-backed drilling push at high-priority Yalgoo gold targets

An update from SensOre Ltd ( (AU:PLC) ) is now available.

Premier1 Lithium has completed a 16‑hole, 2,776‑metre reverse circulation drilling campaign at its 100%‑owned Yalgoo Gold Project in Western Australia, targeting high‑priority gold prospects including Mt Kersey, Central Block, Carlisle and Crescent South. The program, partly funded by the state’s Exploration Incentive Scheme, focused on testing structural and geochemical targets near the existing Wadgingarra resource, with assays expected in four to six weeks.

At Mt Kersey, nine RC holes probed a 500‑metre structural trend adjacent to a major interpreted fault and a strong surface geochemical anomaly that had not been effectively drill‑tested, while additional holes followed up electromagnetic anomalies and prior high‑grade gold intersections at the regional prospects. Management said the campaign marks a key milestone following the recent full acquisition of Yalgoo, as successful results could underpin resource expansion and strengthen Premier1’s strategy to build a larger mineralised hub around Wadgingarra, potentially enhancing the project’s development prospects and investor appeal.

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

More about SensOre Ltd

Premier1 Lithium Limited is an ASX-listed exploration company focused on gold and lithium projects in Western Australia. The company’s key assets include the 100%-owned Yalgoo Gold Project, where it is targeting resource growth around the Wadgingarra Maiden Inferred Resource and nearby high-priority prospects such as Mt Kersey, Central Block, Carlisle and Crescent South.

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Technical Sentiment Signal: Sell

Current Market Cap: A$9.45M

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