Truscott steps up Westminster gold push with new drilling results and project upgrade plans

The latest update is out from Truscott Mining Corporation Ltd ( (AU:TRM) ).

Truscott Mining has reported results from its February 2026 reverse circulation drilling campaign at the Westminster Project, where six holes totalling 1,312 metres at Orebody Exploration Target Two intersected shear zones and low-grade gold mineralisation, including several intercepts above 0.5 grams per tonne. The data will be used to refine structural models, improve target placement, and support an updated JORC 2012 Mineral Resource Estimate, with diamond drilling planned at Orebody Exploration Target One and steps under way to convert more tenure into mining leases, signalling a transition toward more advanced project development.

Management says 2026 marks a transformational phase as Truscott moves from an R&D-centric explorer to a more fully fledged developer, supported by board and executive changes and a growing technical database. Although logistical issues such as rig mechanical problems, wet weather and challenging ground conditions affected the recent RC program, the company plans to shift to diamond core drilling at Westminster to improve drill control and data quality, underpinning its push to de-risk the project and enhance its position in the Northern Territory gold sector.

More about Truscott Mining Corporation Ltd

Truscott Mining Corporation Ltd is an Australian mineral exploration company focused on gold development at its 100%-owned Westminster Project near Tennant Creek in the Northern Territory. After a decade as a research and development-driven explorer using mathematical models to identify mineralisation, the company is now expanding its corporate governance and operational capacity to progress toward resource development.

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