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Premier1 Lithium Confirms Strong Drill Targets at Rochefort Gold Prospect After Gravity Survey

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Premier1 Lithium Confirms Strong Drill Targets at Rochefort Gold Prospect After Gravity Survey

Meet Samuel – Your Personal Investing Prophet

SensOre Ltd ( (AU:PLC) ) has provided an update.

Premier1 Lithium has completed a high-resolution ground gravity survey over its Rochefort Gold Prospect at the Abbotts North Project in Western Australia, integrating the new data with existing magnetics to refine its geological and structural model. The work confirms that previously defined gold-in-soil and high-grade rock chip anomalies lie at the intersection of several major structures and lithological contacts within highly altered quartz dolerites, a setting analogous to major Yilgarn gold camps.

The survey results strengthen the case for Rochefort as a compelling near-term drill target, with mineralisation remaining open along strike and beneath shallow cover and supported by a large coherent gold-in-soil anomaly and rock chips grading up to 11.7g/t gold. Premier1 plans a maiden drilling program in Q2 2026, subject to regulatory approvals, and the prospect’s proximity to the producing Crown Prince deposit underscores the broader potential of the Abbotts Greenstone Belt for meaningful new gold discoveries, which could enhance the company’s exploration portfolio and regional positioning.

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 Ltd is an ASX-listed exploration company focused on battery metals and gold, with projects in Western Australia’s Murchison region. While primarily targeting lithium, it is also advancing gold prospects such as the Rochefort target within the underexplored but highly endowed Abbotts Greenstone Belt, near existing producing deposits.

Average Trading Volume: 4,697,571

Technical Sentiment Signal: Sell

Current Market Cap: A$7.56M

For detailed information about PLC stock, go to TipRanks’ Stock Analysis page.

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