Aureka commences diamond drilling at Fiddlers Creek

• Aureka has commenced a diamond drilling programme at the high-grade Fiddlers Creek Mine to test near-surface mineral continuity and underground infrastructure development.
• The initial drilling campaign will cover at least 400m as part of a post-acquisition commitment to drill 1,800m over three years across the project's tenements.
• The company aims to elevate confidence in existing zones of mineralisation and integrate new high-grade gold and silver ounces into its active mine plan.

Aureka (ASX:AKA) has commenced a surface diamond drilling programme at the Fiddlers Creek Mine to evaluate near-surface mineral continuity and potential underground development.

This campaign marks the first surface drilling at the site since May 2025, following a focus on production ramp-up by the existing operational team.

“Our ability to promptly address this value-add potential while production continues apace speaks to the complementary nature of the transaction,” said Aureka Managing Director James Gurry.

The initial programme will fulfil at least 400m of a broader post-acquisition contractual agreement that mandates 1,800m of drilling over three years across the 39-square-kilometre tenure.

The company stated that successfully repeating or intersecting additional high-grade zones is expected to potentially deliver further gold ounces into production within the next three years.

Following the announcement, the Aureka share price was unchanged at $0.13.

The project sits within the historic Percydale Goldfield, where past regional production has exceeded 700,000 ounces of gold.

Aureka currently holds an inferred resource base of 455,000 ounces at 2.27 grammes per tonne of gold across its broader Victorian asset portfolio.