Overview of Enegex's latest development

Enegex (ASX:ENX) has successfully completed a high-resolution magnetic unmanned aerial vehicle (UAV) survey at its Rocky Ridge gold prospect within the Perenjori Project. The survey has revealed new soil-covered strike targets, potential late-stage intrusions, and a series of prospective cross structures, enhancing the company's understanding of key geological controls and refining future drill-hole targeting. Access agreements for drill programs have been executed with key landowners, and field activities are set to recommence after the current cropping season.

Executive commentary on the survey results

The completion of the magnetic survey at the Rocky Ridge gold prospect marks a significant milestone for Enegex. The survey has provided valuable insights into the mineralization controls, identifying prospective structures and local intrusive bodies. This development aligns with our strategic goal of securing and testing high-value gold and copper targets in the West Yilgarn. We are pleased with the progress and look forward to advancing the project towards drill status.

Summary of survey results and future plans

The high-resolution magnetic survey has enhanced Enegex's understanding of the Rocky Ridge gold prospect, uncovering new gold targets and refining the geological picture of the area. The identification of prospective structures and local intrusive bodies presents promising opportunities for future exploration and drilling. With access agreements in place and field activities scheduled to resume, the company is well-positioned to advance its exploration efforts. The successful completion of the survey underscores Enegex's commitment to pursuing high-value mineral targets and reinforces its strategic focus on the West Yilgarn region.