π¨ $IND.AX β Industrial Minerals to acquire the Laverton Gold Portfolio. This might be the most underpriced gold acquisition on the ASX right now. π¨
π The Setup
15 exploration licences. ~205kmΒ² in the Laverton Tectonic Zone β one of Australia's premier orogenic gold districts with **28Moz+ historic production**. Four drill-ready BIF-hosted targets along a 45km structural corridor.
ποΈ **The Neighbours** (all GMD-controlled unless noted):
β’ Granny Smith & Wallaby β 4.6Moz
β’ Mt Morgans β 2.6Moz
β’ Lady Julie β 2.4Moz (MAU/GMD)
β’ Karridale β 1.2Moz
β’ Lancefield β 1.1Moz
β’ Beasley Creek β 430Koz
β’ Apollo β 260Koz
β’ Barnicoat β 230Koz
π GLADIATOR PROSPECT β drill-ready, multiple high-grade hits:
π₯ 43m @ 2.24 g/t Au from 42m (NGC004) β incl. 4m @ 13.13 g/t
π₯ 21m @ 2.79 g/t Au from 49m (NGC030) β incl. 1m @ 27.69 g/t
π₯ 11m @ 4.64 g/t Au from 61m (WGC089) β incl. 3m @ 14.24 g/t
π₯ 31m @ 1.08 g/t Au from 45m (NGD03)
π₯ 11m @ 2.48 g/t Au from 59m (WGC098) β incl. 5m @ 4.42 g/t
π₯ 15m @ 1.65 g/t Au from 79m (NGC031)
π₯ 12m @ 1.15 g/t Au from 51m (NGC050)
π₯ 4m @ 3.55 g/t Au from 96m (NGC005)
π₯ 5m @ 1.96 g/t Au from 68m (NGC056)
π₯ 7m @ 15.97 g/t Au from 18m incl. 2m @ 55.98 g/t (BGB033)
π NORTH POOL β 1.5km along strike of GMD's Beasley Creek:
π₯ 4m @ 19.17 g/t Au FROM SURFACE (BCP0413)
π₯ 1m @ 82.2 g/t Au from 63m (BCP0482)
π₯ 2m @ 12.97 g/t Au from 55m (BCP0369)
π₯ 1m @ 36 g/t Au from 24m (BNWI176)
π₯ 8m @ 4.06 g/t Au from 22m (BCP0414)
π₯ 6m @ 2.55 g/t Au from 52m (BCP0318)
π₯ 5m @ 2.85 g/t Au from 56m (BCP0558)
π₯ 4m @ 3.36 g/t Au from 3m (BCT05E)
π₯ 2m @ 7.52 g/t Au from 212m (NWBD001) β depth extension confirmed
Sitting on 1.7km of strike along the Chatterbox Shear Zone .... host to >3Moz of gold resources.
π₯ THE PEOPLE.. this is the kicker:
β Tolga Kumova... on the register
β Rob Jewson / Geonomics.... on the register
β Mike Dunbar (Non-Exec Director) ....built Emmerson.... key roles in discovery/development of +2Moz Thunderbox, +1Moz Dalgaranga & +600Koz White Devil
β Warrick Clent (incoming MD) ..
Eastern Goldfields gold exploration veteran
π― Drilling Timetable:
β’ Q3 2026: Data compilation, geophysics, targeting
β’ Q4 2026: 4,000m Air Core + ~6,500m RC drilling
Drill-ready targets. Proven high-grade hits. World-class postcode. Tier-1 register. Stacked board.
Honestly one of the best acquisitions I've seen on the ASX in years. π
$IND #ASX #gold
β οΈ Disclosure: DYOR. Not financial advice.