{"id":"valiant-boomerang-first-diamond-assays-october-28-2026","canonicalSlug":"valiant-boomerang-first-diamond-assays-october-28-2026","url":"https://wellficent.com/en/news/valiant-boomerang-first-diamond-assays-october-28-2026","language":"en","title":"Valiant reports first Boomerang diamond results within the existing resource","summary":"Five initial holes return multiple gold intersections as two rigs continue the Reedy project programme.","body":["Valiant Gold published initial assay results on 28 October from diamond drilling at Boomerang, part of its wholly owned Reedy gold project in Western Australia. All five reported holes returned multiple significant gold intersections. The company said the targeted lodes were broadly encountered in their expected positions within the existing mineral resource footprint.","Hole 26BMDD001 returned six metres at 5.70 grams of gold per tonne from 469 metres. In 26BMDD002, an interval of 6.8 metres at 4.35 g/t from 423.5 metres included four metres at 6.40 g/t. Another hole, 26BMDD003, returned 4.1 metres at 7.93 g/t from 287.4 metres and a separate 3.6 metres at 6.36 g/t from 407.8 metres.","Further results included six metres at 5.01 g/t from 346 metres in 26BMDD004 and 9.3 metres at 3.05 g/t from 333.6 metres in 26BMDD005. These are downhole assay intervals; the reported lengths should not automatically be treated as true lode thicknesses or recoverable mining widths.","Two diamond rigs continue the current 8,000-metre programme, with additional assays pending. Valiant intends the information to support geological confidence and evaluation of possible open-pit and underground development scenarios. The company’s interpretation of continuity is encouraging exploration evidence, but a development scenario remains subject to technical and economic assessment rather than being established by these first five holes."],"keyPoints":[],"sections":[],"text":"Valiant reports first Boomerang diamond results within the existing resource\n\nFive initial holes return multiple gold intersections as two rigs continue the Reedy project programme.\n\nValiant Gold published initial assay results on 28 October from diamond drilling at Boomerang, part of its wholly owned Reedy gold project in Western Australia. All five reported holes returned multiple significant gold intersections. The company said the targeted lodes were broadly encountered in their expected positions within the existing mineral resource footprint.\n\nHole 26BMDD001 returned six metres at 5.70 grams of gold per tonne from 469 metres. In 26BMDD002, an interval of 6.8 metres at 4.35 g/t from 423.5 metres included four metres at 6.40 g/t. Another hole, 26BMDD003, returned 4.1 metres at 7.93 g/t from 287.4 metres and a separate 3.6 metres at 6.36 g/t from 407.8 metres.\n\nFurther results included six metres at 5.01 g/t from 346 metres in 26BMDD004 and 9.3 metres at 3.05 g/t from 333.6 metres in 26BMDD005. These are downhole assay intervals; the reported lengths should not automatically be treated as true lode thicknesses or recoverable mining widths.\n\nTwo diamond rigs continue the current 8,000-metre programme, with additional assays pending. Valiant intends the information to support geological confidence and evaluation of possible open-pit and underground development scenarios. The company’s interpretation of continuity is encouraging exploration evidence, but a development scenario remains subject to technical and economic assessment rather than being established by these first five holes.","category":"energy","region":"world","topics":["mining","metals"],"eventDate":"2026-10-28","eventDateBasis":"source-event-or-period","publishedAt":"2026-10-28T16:01:35Z","modifiedAt":"2026-10-28T16:01:35Z","publicationBasis":"first-publication","preparedAt":"2026-10-28T16:00:53Z","sourcePublishedAt":"2026-10-28","translatedAt":null,"sources":[{"url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03154162-6A1351883","name":"Valiant Gold","checkedAt":"2026-10-28","publishedAt":"2026-10-28"}],"translations":{"en":"https://wellficent.com/en/news/valiant-boomerang-first-diamond-assays-october-28-2026","tr":"https://wellficent.com/tr/news/valiant-boomerang-first-diamond-assays-october-28-2026","ar":"https://wellficent.com/ar/news/valiant-boomerang-first-diamond-assays-october-28-2026","fr":"https://wellficent.com/fr/news/valiant-boomerang-first-diamond-assays-october-28-2026","es":"https://wellficent.com/es/news/valiant-boomerang-first-diamond-assays-october-28-2026","ru":"https://wellficent.com/ru/news/valiant-boomerang-first-diamond-assays-october-28-2026","pt":"https://wellficent.com/pt/news/valiant-boomerang-first-diamond-assays-october-28-2026"},"corrections":[],"locations":[],"type":"news","classification":{"version":"1","dataKinds":["project-update"],"geographies":[{"role":"economic-scope","countryCode":"AU","subdivisionCode":null}],"evidenceBasis":["reported-observation","plan"],"measurementPeriod":null}}