High-Grade Extensional Hits Confirm Growth at Radio Gold
Released
Released
Announcement PDF
1
ASX Announcement
ASX:WIN
ABN 77 648 687 094
Level 4, 220 St Georges Tce
Perth, WA 6000
PO BOX 7713
Cloisters Square WA 6850
T: +61 8 6381 7250
F: +61 8 6381 7299
info@winmetals.com.au
www.winmetals.com.au
ASX:WIN
2 December 2025
HIGH‑GRADE EXTENSIONAL HITS CONFIRM
GROWTH AT RADIO GOLD PROJECT
Further High-Grade Gold Intercepts at Repeater Deeps and Radio
Southern Extension
WIN Metals Ltd (ASX: WIN) is pleased to report it has received a further set of strong assays from
its recently completed Reverse Circulation (RC) drilling program at the Radio Gold Project, located
38km north of Southern Cross in Western Australia. New intercepts confirming high‑grade
mineralisation more than 100m below surface at Repeater and immediately south of existing
underground mine workings at Radio.
The results demonstrate excellent down‑dip continuity of the Repeater system and highlight clear
potential to grow the global Mineral Resource footprint at Radio through both depth and strike
extensions.
Key results include:
• 1m @ 10.11g/t Au from 103m (25RDRC082), Repeater Deeps ~100m below surface, 60m
down‑dip from previously reported 1m @ 14.0g/t Au in 25RDRC063.
• 1m @ 2.32g/t Au from 125m (25RDRC081), Repeater Deeps, supporting a plunging shoot
open to the south‑east.
• 2m @ 5.21g/t Au from 102m (25RDRC093), Radio – located ~20m Beyond the current 10
Level development, confirming high‑grade mineralisation continues south beyond the
existing mine development.
The Repeater intercepts occur at a similar elevation to the base of historic workings at the adjacent
Radio Mine, which produced approximately 71,000 ounces of gold at an average grade of 38g/t Au.
This correlation supports the interpretation that Repeater represents an along‑strike continuation
of the main Radio deposit, with potential to contribute additional high‑grade ounces to the Radio
Gold Project resource inventory. Notably, the Repeater mineralisation has not previously been
considered in any Mineral Resource Estimate for the Radio Gold Project.
Managing Director and CEO, Mr Steve Norregaard commented:
“At Repeater, the new 1m @ 10.11g/t Au and 1m @ 2.32g/t Au intercepts, more than 100m below
surface and 60m downdip of our earlier 1m @ 14.0g/t Au hit, give us growing confidence in a
continuous, high-grade shoot that may underpin a maiden Mineral Resource and meaningful
additions to the broader Radio inventory.
Equally important is the 2m @ 5.21g/t Au returned ~20m in front of the existing 10 Level development
face at Radio Main, which shows that high‑grade mineralisation continues directly along strike of the
HIGH‑GRADE EXTENSIONAL HITS CONFIRM GROWTH AT
RADIO GOLD PROJECT
2 December 2025
2
ABN 77 648 687 094
Level 4, 220 St Georges Tce
Perth, WA 6000
PO BOX 7713
Cloisters Square WA 6850
T: +61 8 6381 7250
F: +61 8 6381 7299
info@winmetals.com.au
www.winmetals.com.au
ASX:WIN
current workings supporting our belief in the potential to extend the mine footprint to the south as
we move into the next phase of planning.”
Drill Results
Key results for the Repeater and Radio prospects summarised below with full details outlined in the
appendices. All results are provided in the appendices to this announcement.
Figure 1: Repeater long section looking north west. Call outs hole ID, x m at xx g/t Au
HIGH‑GRADE EXTENSIONAL HITS CONFIRM GROWTH AT
RADIO GOLD PROJECT
2 December 2025
3
ABN 77 648 687 094
Level 4, 220 St Georges Tce
Perth, WA 6000
PO BOX 7713
Cloisters Square WA 6850
T: +61 8 6381 7250
F: +61 8 6381 7299
info@winmetals.com.au
www.winmetals.com.au
ASX:WIN
Figure 2: Repeater drill section A-'A against preliminary optimised pit shell outline looking north east (+/- 5m section
window)
Figure 3: Repeater plan view with section line A-'A
HIGH‑GRADE EXTENSIONAL HITS CONFIRM GROWTH AT
RADIO GOLD PROJECT
2 December 2025
4
ABN 77 648 687 094
Level 4, 220 St Georges Tce
Perth, WA 6000
PO BOX 7713
Cloisters Square WA 6850
T: +61 8 6381 7250
F: +61 8 6381 7299
info@winmetals.com.au
www.winmetals.com.au
ASX:WIN
Repeater Depth Extension
Exploration extensional drilling at the Repeater system has delivered further promising down‑dip
results, including 1m at 10.11g/t Au from 103m (25RDRC082) and 1m at 2.32g/t Au from 125m
(25RDRC081). Both intercepts sit approximately 100m below surface and confirm that high‑grade
mineralisation persists at depth, supporting the potential to grow the current footprint of the system
and Global Mineral Resource of the Radio Gold Project.
These new holes are located approximately 60m down‑dip from the previously reported intercept of
1m at 14.0g/t Au in hole 25RDRC0631
, further demonstrating excellent continuity of high‑grade
mineralisation at depth. Collectively, these results position the Repeater prospect to support
estimation of a maiden Mineral Resource to vertical depths exceeding 100m.
Additional RC drill holes targeting a projected, deeper northern plunge returned anomalous grades
but intersected the same mineralised host sequence, reinforcing confidence in the geological
model. Interpretation of the newdata suggests the main Repeater gold shoot is more likely to plunge
to the south, that remains untested by recent drilling.
Importantly, these two new intercepts occur at a similar level to the base of historic development at
the adjacent Radio mine, which has produced more than 71,000 ounces of gold. On this basis,
Repeater is increasingly interpreted as an along‑strike analogue to the main Radio lodes,
representing a compelling opportunity to add high‑grade ounces to the Radio Gold Project.
Radio Main South Extension
Extensional drilling south of the southernmost development at the Radio Main deposit has also
returned encouraging results, including 2m at 5.21g/t Au located approximately 20m ahead of the
current 10 Level ore drive development. This intercept provides compellingevidence that high‑grade
mineralisation continues to the south beyond the limits of historical mine workings and highlights
clear potential to extend the mineable footprint along strike.
Next Steps
• Final assays from grade control and extensional drilling at Radio and Radio South are
expected in the coming weeks and will be integrated into updated 3D geological models.
• Work is underway to define a maiden Mineral Resource at Repeater and refine the existing
Radio and Radio South models to support mine design and scheduling studies.
• These technical studies will feed into assessments of near-term restart options for
underground mining and potential low-cost open pit opportunities over the largely unmined
near surface mineralisation.
Location and Project History
The Radio Gold Project is situated within the Shire of Yilgarn in Western Australia, approximately
8km north of Bullfinch and 38km north of Southern Cross in the Eastern Goldfields region of Western
1
ASX:WIN “Outstanding First Drill Results At Radio Gold Project” Released 5 November 2025
HIGH‑GRADE EXTENSIONAL HITS CONFIRM GROWTH AT
RADIO GOLD PROJECT
2 December 2025
5
ABN 77 648 687 094
Level 4, 220 St Georges Tce
Perth, WA 6000
PO BOX 7713
Cloisters Square WA 6850
T: +61 8 6381 7250
F: +61 8 6381 7299
info@winmetals.com.au
www.winmetals.com.au
ASX:WIN
Australia. The site is accessed via the unsealed Mt Jackson Road, providing direct entry to the
Project area.
Figure 4: Location of Radio Gold Project
Goldmining at the RadioGold Project commenced in 1918,producing approximately 71,000 ounces
of gold at an impressive average head grade of 38.5g/t Au between 1918 and 1974.
Underground operations were re‑established in 2018 using the existing shaft network, with limited
development undertaken from the bottom 10 level. More recently, privately held Radio Gold Pty Ltd
(NuFortune)established underground accessvia a newportal and completing 330 metres of decline
development to the historic second level, enabling the introduction of mechanised mining and a
transition from the historic small‑scale, shaft-access mining methods.
A shallow open pit was developed to around 25 metres depth in the central zone of the Radio mine;
however,most near-surface mineralisation remains unmined, as earlier efforts focused on the high-
grade underground lodes. This provides potential for future low-cost open pit production alongside
existing underground targets.
The Radio mine site remains fully intact and dewatered, with substantial underground infrastructure
and equipment in place, positioning the Project for a rapid restart of mining activities.
HIGH‑GRADE EXTENSIONAL HITS CONFIRM GROWTH AT
RADIO GOLD PROJECT
2 December 2025
6
ABN 77 648 687 094
Level 4, 220 St Georges Tce
Perth, WA 6000
PO BOX 7713
Cloisters Square WA 6850
T: +61 8 6381 7250
F: +61 8 6381 7299
info@winmetals.com.au
www.winmetals.com.au
ASX:WIN
Regional Geology
The regional geology of the Radio Gold Project is defined by its position on the eastern margin of the
Archean Southern Cross Greenstone Belt, within the central Yilgarn Craton of Western Australia.
The Southern Cross Belt is an elongated, north-northwest trending sequence of predominantly
mafic to ultramafic volcanic rocks, interlayered with banded iron formation (BIF) and minor
sediments, intruded by voluminous granitoid domes such as the Ghooli Dome. The greenstone
succession is highly deformed, manifesting major folding, faulting, and shearing, and is
metamorphosed primarily to amphibolite facies near the granite boundaries, with lower greenschist
facies preserved in the belt core.
The structural architecture of the region is dominated by major north to northwest trending axes and
ovoid granitoid intrusions, resulting in complex dome-and-keel geometries. Gold mineralisation in
the province is typically structurally controlled, associated with late stage transpressional shear
zones and contacts between greenstones and granitoids. The Radio Gold Project lies at a key
geological interface between sheared greenstones and the Ghooli granitoid, a setting recognised as
highly prospective for high-grade, vein-hosted orogenic gold deposits.
Local Geology
The local geology of the Radio Gold Project is defined by its position along the eastern margin of the
Archean Southern Cross Greenstone Belt, near the triple junction of three granite bodies. The
immediate mine area comprises six steeply dipping, northwest-trending tectono-stratigraphic
units. The northeastern part of the tenement is underlain by sub-cropping granite containing rafts of
banded iron formation (BIF) and ultramafic–mafic schists. Adjacent to this granite is a 500–1,500m
wide zone of strongly foliated amphibolite interlayered with BIF, ultramafic rocks and rare
sediments.
The Radio Gold Mine itself is developed within the Ghooli granite dome, with quartz lodes extending
west from the main granite body. Granitic rocks at Radio display strong S2–S3 fabrics, indicative of
syn- to late-tectonic granite emplacement related to regional folding and faulting. The central part
of the mine sequence is dominated by a 5km wide, northwest trending greenstone package of
tholeiitic basalt and minor dolerite dykes, generally lacking pervasive foliation.
BIFs within the greenstone sequence mark key stratigraphic horizons and are commonly associated
with mafic and ultramafic schists in the southwest part of the project. Quartz lodes hosting gold
mineralisation (Main and East lodes) exploit faulted granite contacts and adjacent amphibolite or
sericite–kaolinite–chlorite–pyrite-altered granites.
Geological Interpretation
Gold mineralisation at Radio is localised within two narrow high-grade quartz lodes, the Main
(Footwall) Lode and the East (Hanging wall) Lode hosted by sheared granite along the greenstone
belt margin. These subparallel lodes strike northeast and dip 30–60° east southeast, with continuity
mapped for 130m underground and up to 700m at surface. The lodes comprise laminated to
massive quartz veins within sericite altered granitic gneiss, typically 0.2–1m wide, with localised
thickening in dilation zones. The vein system forms en-echelon arrays and stacked mineralised
shoots (100–300m in length), commonly pitching obliquely to the main lode trend—reflecting a
structurally complex, brittle–ductile shear system. Gold occurs predominantly as coarse, free gold,
with accessory pyrite, galena and arsenopyrite, consistent with an orogenic quartz vein style.
HIGH‑GRADE EXTENSIONAL HITS CONFIRM GROWTH AT
RADIO GOLD PROJECT
2 December 2025
7
ABN 77 648 687 094
Level 4, 220 St Georges Tce
Perth, WA 6000
PO BOX 7713
Cloisters Square WA 6850
T: +61 8 6381 7250
F: +61 8 6381 7299
info@winmetals.com.au
www.winmetals.com.au
ASX:WIN
Three primary mineralised zones have been delineated at the Radio Gold Project:
• Radio Main – The central and most developed zone of mineralisation comprising two closely
spaced subparallelen-echelon lodes (Main and East lodes) positioned approximately 1 – 5m
apart. These lodes represent the core of historical production and remain the principal focus
for ongoing resource definition.
• Radio Repeater – Located immediately north of Radio Main, this zone is interpreted as a
geological continuation of the main mineralised system. It is separated from the central
zone by a mafic intrusive unit that forms a barren structural partition between the two
mineralised corridors.
• Radio South – Situated south of the main mineralised trend, this zone consists of multiple
gold-bearing lodes that dip steeply (60°– 80°) to the southeast. The lodes display a distinct
structural orientation relative to the main Radio system, indicating a separate yet related
deformation event controlling gold deposition.
Exploration Potential and Further Work
The Radio Gold Project presents significant exploration and growth potential, supported by both
historical production data and existing geological models. The deposit remains open along strike
and at depth, with historical drilling extending to only 260 metres below surface, indicating
opportunity for resource expansion within the known lode system.
Beyond the central deposits, numerous untested historical workings and structural trends within
WIN’s tenure provide additional exploration upside. Priority targets include the Manxman and
Queenslander lines of workings, and the along-strike extensions of the Mistletoe and Magpie
prospects, all of which are associated with similar quartz vein hosted gold systems typical of the
Southern Cross Greenstone Belt.
This combination of open mineralisation at depth, extensive near-surface potential, and multiple
high-grade historical workings positions Radio as a compelling exploration and development
opportunity capable of underpinning future production growth.
HIGH‑GRADE EXTENSIONAL HITS CONFIRM GROWTH AT
RADIO GOLD PROJECT
2 December 2025
8
ABN 77 648 687 094
Level 4, 220 St Georges Tce
Perth, WA 6000
PO BOX 7713
Cloisters Square WA 6850
T: +61 8 6381 7250
F: +61 8 6381 7299
info@winmetals.com.au
www.winmetals.com.au
ASX:WIN
About WIN Metals
WIN Metals (ASX: WIN) is a mineral exploration company holding 350km2
of granted tenure in the
Southern Goldfields and Kimberley regions of Western Australia. WIN’s mineral endowment
includes gold, nickel and lithium resources within the Company’s extensive tenure.
The Mt Edwards Nickel and Faraday-Trainline Lithium Projects are situated near Widgiemooltha,
approximately 80km south of the regional centre of Kalgoorlie-Boulder and 30km south of
Kambalda. The Mt Edwards Nickel Project is a collection of eleven (11) nickel deposits with a total
mineral resource of 12.7Mt @ 1.43% Ni for 180,900t of contained nickel2
. The Faraday-Trainline
Lithium Project has a reported mineral resource of 1.96 Mt at 0.69% Li2O3
.
The Butchers Creek Gold Project is located 30km southeast of Halls Creek in the Kimberley region
of Western Australia. It is a historic gold production centre hosting a global mineral resource of
5.6Mt at 1.98g/t Au for 359,000oz4
of gold. Previous mining operations at Butchers Creek produced
52,000 ounces of gold between 1995 and 1997.
WIN recently acquired the Radio Gold Project in September 2025, located 8km north of Bullfinch,
approximately 38km northwest of Southern Cross and about 400km east of Perth in the Yilgarn
region of Western Australia. Over its production life, the Radio mine has produced approximately
71,000 ounces at an exceptionally high grade of 38g/t Au.
Table 1: WIN Metals Butchers Creek Gold Mineral Resource Estimates
Deposit Last Update Resource Classification Tonnes (Mt) Au g/t Contained Gold (Oz)
Butchers Creek Apr-25
Indicated 3.58 2.24 258,000
Inferred 1.65 1.18 63,000
Golden Crown Jun-21 Inferred 0.40 3.10 38,000
Total Indicated + Inferred 5.63 1.98 359,000
Note: Butchers Creek figures are rounded and reported at 0.5g/t Au cut-off to 150m below surface (open pit) and 0.8g/t Au cut-off below
150m of surface. Golden Crown figures are rounded and reported above a 0.8g/t Au cut-off.
Table 2: WIN Metals Mt Edwards Nickel Mineral Resource Estimates
Deposit
Indicated Inferred TOTAL Resources
Tonne
(Mt)
Nickel
(%)
Tonne
(Mt)
Nickel
(%)
Tonne
(Mt)
Nickel
(%)
Nickel
Tonnes
Gillett* 2.27 1.35 0.87 1.16 3.14 1.30 40,770
Widgie 3* 0.51 1.34 0.22 1.95 0.73 1.53 11,200
Widgie Townsite* 1.65 1.60 0.85 1.38 2.50 1.53 38,260
Armstrong* 0.95 1.45 0.01 1.04 0.96 1.44 13,820
132N 0.03 2.90 0.43 1.90 0.46 2.00 9,050
Cooke 0.15 1.30 0.15 1.30 2,000
2
ASX:WIN “Sale of non-core assets yield $1.4M for WIN to advance gold Assets” Released 1 July 2025
3
ASX:WIN “375% Growth in Faraday-Trainline Lithium Mineral Resource” Released 8 November 2023
4
ASX:WIN “WIN advances Butchers Creek towards development following resource update” Released 16 April 2025
HIGH‑GRADE EXTENSIONAL HITS CONFIRM GROWTH AT
RADIO GOLD PROJECT
2 December 2025
9
ABN 77 648 687 094
Level 4, 220 St Georges Tce
Perth, WA 6000
PO BOX 7713
Cloisters Square WA 6850
T: +61 8 6381 7250
F: +61 8 6381 7299
info@winmetals.com.au
www.winmetals.com.au
ASX:WIN
Deposit
Indicated Inferred TOTAL Resources
Tonne
(Mt)
Nickel
(%)
Tonne
(Mt)
Nickel
(%)
Tonne
(Mt)
Nickel
(%)
Nickel
Tonnes
Inco Boundary 0.46 1.20 0.46 1.20 5,590
McEwen 1.13 1.35 1.13 1.35 15,340
McEwen
Hangingwall
1.92 1.36 1.92 1.36 26,110
Mt Edwards 26N 0.87 1.43 0.87 1.43 12,400
Zabel 0.27 1.94 0.05 2.04 0.33 1.96 6,360
TOTAL 5.68 1.48 6.97 1.39 12.66 1.43 180,900
All Resources reported at 1.0% Ni cut-off except for WTS, Widgie 3, Gillett and Armstrong which are reported at 0.7% Ni
cut- off. Tonnes and grade have been rounded to reflect the relative uncertainty of the estimates.
Table 3: WIN Metals Mt Edwards Lithium Mineral Resource Estimates
Deposit
Measured Indicated Inferred TOTAL Resources
Tonne
(kt)
Li2O
(%)
Tonne
(kt)
Li2O
(%)
Tonne
(kt)
Li2O
(%)
Tonne
(kt)
Li2O
(%)
Li2O
Tonnes
Faraday 550 0.75 250 0.66 220 0.61 1,020 0.7 7,100
Trainline - - 780 0.69 160 0.63 940 0.68 6,300
TOTAL 550 0.75 1,020 0.68 390 0.62 1,960 0.69 13,500
Reported above a cut-off grade of 0.30% Li2O to a depth of 310mRL (65m below surface) and 0.50% Li2O below 310mRL
to 250mRL. Tonnes and grade have been rounded to reflect the relative uncertainty of the estimates.
HIGH‑GRADE EXTENSIONAL HITS CONFIRM GROWTH AT
RADIO GOLD PROJECT
2 December 2025
10
ABN 77 648 687 094
Level 4, 220 St Georges Tce
Perth, WA 6000
PO BOX 7713
Cloisters Square WA 6850
T: +61 8 6381 7250
F: +61 8 6381 7299
info@winmetals.com.au
www.winmetals.com.au
ASX:WIN
Figure 5: WIN’s Gold, Nickel and Lithium Project Locations
Competent Person Statement – WIN Metals
The information in this announcement that relates to mineral resource estimates and exploration
results is based on information reviewed, collated and fairly represented by Mr William Stewart, who
is a full-time employee of WIN Metals Ltd. Mr Stewart is a member of the Australian Institute of Metallurgy
and Mining (Member No. 224335). Mr Stewart has sufficient experience that is relevant to the style of
mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a
Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration
Results, Mineral Resources and Ore Reserves’. Mr Stewart consents to the inclusion in the report of the
matters based on his information in the form and context in which it appears. Additionally, Mr Stewart
confirms that the entity is not aware of any new information or data that materially affects the
information contained in the ASX releases referred to in this report.
Forward Looking Statements
This announcement includes forward-looking statements that are only predictions and are subject
to known and unknown risks, uncertainties, assumptions and other important factors, many of
which are beyond the control of WIN Metals Ltd, the directors and the Company’s management.
Such forward-looking statements are not guarantees of future performance.
HIGH‑GRADE EXTENSIONAL HITS CONFIRM GROWTH AT
RADIO GOLD PROJECT
2 December 2025
11
ABN 77 648 687 094
Level 4, 220 St Georges Tce
Perth, WA 6000
PO BOX 7713
Cloisters Square WA 6850
T: +61 8 6381 7250
F: +61 8 6381 7299
info@winmetals.com.au
www.winmetals.com.au
ASX:WIN
Examplesof forward-looking statements used in this announcement include use of the words ‘may’,
‘could’, ‘believes’, ’estimates’, ‘targets’, ’expects’, or ‘intend’ and other similar words that involve
risks and uncertainties. These statements are based on an assessment of present economic and
operating conditions, and on a number of assumptions regarding future events and actions that, as
at the date of announcement, are expected to take place.
Actual values, results, interpretations or events may be materially different to those expressed or
implied in this announcement. Given these uncertainties, recipients are cautioned not to place
reliance on forward-looking statements in the announcement as they speak only at the date of issue
of this announcement. Subject to any continuing obligations under applicable law and the ASX
Listing Rules, WIN Metals Ltd does not undertake any obligation to update or revise any information
or any of the forward-looking statements in this announcement or any changes in events, conditions
or circumstances on which any such forward-looking statement is based.
Summary Information
This announcement has been prepared by WINand includes information regarding WIN’s disclosure
of results to the ASX.
This announcement should also be read in conjunction with WIN’s other periodic and continuous
disclosure announcements lodged with the ASX, which are available at www.asx.com.au and
available on WIN’s website at www.winmetals.com.au.
Table 4: Reference documents included in this announcement
Number
Announcement
Date
Company Announcement Title
1 5-Nov-25 WIN Outstanding First Drill Results at Radio Gold Project
2 1-Jul-25 WIN Sale of non-core assets yield $1.4M for WIN to advance gold Assets
3 8-Nov-23 WIN 375% Growth in Faraday-Trainline Lithium Mineral Resource
4 16-Apr-25 WIN WIN advances Butchers Creek towards development following resource update
Compliance Statement
The Company confirms it is not aware of any new information or data that materially affects the
information included in the original market announcement(s), and in the case of estimates of
Mineral Resources that all material assumptions and technical parameters underpinning the
estimates in the relevant announcement continue to apply and have not materially changed. The
Company confirms that the form and context in which the Competent Person’s findings are
presented have not been materially modified from the original announcement.
HIGH‑GRADE EXTENSIONAL HITS CONFIRM GROWTH AT
RADIO GOLD PROJECT
2 December 2025
12
ABN 77 648 687 094
Level 4, 220 St Georges Tce
Perth, WA 6000
PO BOX 7713
Cloisters Square WA 6850
T: +61 8 6381 7250
F: +61 8 6381 7299
info@winmetals.com.au
www.winmetals.com.au
ASX:WIN
Approved by: The Board of Directors
-ENDS-
For further details please contact:
Steve Norregaard
Managing Director
WIN Metals Ltd
steve@winmetals.com.au
0472 621 529
HIGH‑GRADE EXTENSIONAL HITS CONFIRM GROWTH AT
RADIO GOLD PROJECT
2 December 2025
13
ABN 77 648 687 094
Level 4, 220 St Georges Tce
Perth, WA 6000
PO BOX 7713
Cloisters Square WA 6850
T: +61 8 6381 7250
F: +61 8 6381 7299
info@winmetals.com.au
www.winmetals.com.au
ASX:WIN
Appendices
Table 5: Drill Collar Data
Hole ID
Northing
(m)
Easting
(m)
Elevation
(m)
Azimuth Dip
EOH
Depth
(m)
Hole
Type
25RDRC079 699376 6578198 346 299 -59 202 RC
25RDRC080 699384 6578270 345 312 -67 185 RC
25RDRC081 699331 6578282 345 295 -64 145 RC
25RDRC082 699252 6578239 348 287 -76 120 RC
25RDRC083 699356 6578269 345 282 -76 180 RC
25RDRC092 699070 6577887 351 285 -62 144 RC
25RDRC093 699072 6577888 351 325 -64 134 RC
25RDRC094 699043 6577849 352 301 -62 138 RC
Note: RC = Reverse Circulation
Coordinates are GDA94 zone 50
Table 6: Significant Drill Results +0.5g/t Au
Hole ID Depth From (m) Depth To (m) Interval (m) Au g/t Gram x Meters Prospect
25RDRC081 125 126 1 2.32 2.32 Repeater Deeps
25RDRC082 103 104 1 10.11 10.11 Repeater Deeps
25RDRC093 102 104 2 5.21 10.42 Radio Main
Reported at 0.5g/t Au cut off and 2m internal dilution
HIGH‑GRADE EXTENSIONAL HITS CONFIRM GROWTH AT
RADIO GOLD PROJECT
2 December 2025
14
ABN 77 648 687 094
Level 4, 220 St Georges Tce
Perth, WA 6000
PO BOX 7713
Cloisters Square WA 6850
T: +61 8 6381 7250
F: +61 8 6381 7299
info@winmetals.com.au
www.winmetals.com.au
ASX:WIN
Table 1 As Per JORC Code Guidelines (2012)
Section 1 Sampling Techniques and Data – Radio Gold Project
Criteria Commentary
Sampling
techniques
Reverse circulation (RC) samples were collected at one-metre intervals.
Each primary sample was split using an on-rig rotary cone splitter to produce two equal sub-samples in pre-numbered
calico bags, each weighing approximately 2–3.5kg.
The remainder (reject) was temporarily stored in sample piles at the drill site. Collection methods ensured
representative and consistent sampling.
Drilling Techniques Drilling was completed using Challenge Drilling’s KWL350 RC rig fitted with a 143mm face-sampling bit and supported
by an auxiliary compressor and booster.
These methods are appropriate for the local lithology and style of mineralisation.
Drill Sample
Recovery
Sample recovery was recorded by WIN whilst drilling.
Recoveries are considered acceptable across the program. Minor losses were observed in the upper metre of some
holes due to the fine-grained nature of near-surface material.
No correlation was identified between recovery and assay grade.
Logging All RC holes were geologically logged for lithology, alteration, weathering, and mineralogy.
Logging was performed at one-metre intervals immediately after drilling.
Rock chips were sieved, examined, and photographed.
All drillholes were logged in full, providing continuous geological coverage.
Sub-sampling
techniques and
sample preparation
Primary RC samples were split via the on-rig cyclone splitter to produce representative sub-samples of approximately
3–5kg.
Most samples were dry; moist samples were treated using the same technique.
All samples were prepared at Bureau Veritas (Canning Vale, WA), where they weredried at 105°C, crushed to <10mm,
riffle split, and pulverised to 90% passing 75µm. A 200g pulp was retained for fire assay. Coarse rejects were archived.
Sample sizes are appropriate for the mineralisation style and grain size.
Quality of assay
data and laboratory
tests
Quality assurance and quality control (QAQC) were maintained through insertion of certified reference materials
(CRMs), blanks, and field duplicates at scheduled rates of 5% and 2%, respectively.
Samples were assayed by Bureau Veritas via 40g fire assay with AAS finish (detection limit 0.01 ppm Au).
QAQC results were reviewed and deemed satisfactory, showing acceptable accuracy and precision.
No umpire lab checks have yet been undertaken. Bureau Veritas is NATA-accredited to ISO/IEC 17025 standards.
Verification of
sampling and
assaying
Assay results were received from the laboratory in CSV and PDF formats, validated, and imported into WIN’s secure
DataShed 5 database (MaxGeo-hosted).
Data validation included filter checks and visual review by geological staff. Significant intersections were verified by
senior personnel.
No data adjustments were made.
No twin holes were drilled.
Location of data
points
Collar positions were surveyed using an RTK DGPS (MGA94 Zone 50S).
Downhole surveys were collected using an Axis north-seeking gyro tool at collar, 30 m intervals, and end-of-hole,
referencing true north.
HIGH‑GRADE EXTENSIONAL HITS CONFIRM GROWTH AT
RADIO GOLD PROJECT
2 December 2025
15
ABN 77 648 687 094
Level 4, 220 St Georges Tce
Perth, WA 6000
PO BOX 7713
Cloisters Square WA 6850
T: +61 8 6381 7250
F: +61 8 6381 7299
info@winmetals.com.au
www.winmetals.com.au
ASX:WIN
Section 1 Sampling Techniques and Data – Radio Gold Project
Criteria Commentary
Topography was derived from recent collar surveys, supported by historic datasets. Positional accuracy and
topographic control are considered adequate.
Data spacing and
distribution
Drillhole spacing across the project varies between exploration campaigns, reflecting distinct objectives and stages of
project development. Historical drilling was completed on a range of patterns, typically from 20m to 80m along strike
and down section, which is considered appropriate for early-stage exploration and delineation of mineralised trends.
The current drilling program was designed to infill historical data and enhance geological interpretation. Nominal
section spacing includes approximately 10 x 10m for grade control drilling, 20 x 20m for resource definition, and up to
40 x 40m for broader exploration and resource extension. This approach ensures targeted data density proportional to
the purpose of each drilling phase.
Overall drillhole distribution and sample density are sufficient to establish geological and grade continuity consistent
with the requirements for Mineral Resource estimation and m
Share your feedback
Discover