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Cape Ray West: New Multi-Kilometre Gold Corridor Emerging
AuMEGA Metals Limited (ASX: AAM) has reported results from a surficial geochemistry (till) program at Cape Ray West, defining multiple high-grade gold-in-till anomalies along the western contact of the Isle aux Morts Granite — an intrusive body that has never been drill-tested (Figure 1). The anomalies coincide with structural breaks and magnetic features, establishing a new discovery corridor west of existing resources.

Noel Ong
Nov 126 min read


AuMEGA Metals - Major Untested Anomaly Lights Up Cape Ray - A Gold Exploration story that has a resource of 800,000 ounces at USD $4,000 an ounce.
AuMEGA Metals Limited (ASX: AAM) has reported a standout result from its July airborne time-domain EM survey over Cape Ray: the work both maps known mineralisation at Central Zone and—critically—defines a large, previously untested conductor just 500 m to the southeast that mirrors Central Zone’s geophysical signature. With a fully funded drilling program slated for Q4 2025, the discovery pipeline at Cape Ray continues to expand.

Noel Ong
Oct 157 min read
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