Enegex (ASX: $ENX) initiates gold exploration at Three Springs

Enegex (ASX: $ENX) has commenced its first exploration program at the Three Springs Gold Project following the grant of a new exploration license. The project, located in the West Yilgarn metals province of Western Australia, presents promising gold targets and complements the company's existing landholdings in the region. The tenement contains open-ended gold anomalism peaking at 151ppb Au in limited past surface sampling, with magnetic trends interpreted as folded greenstone offering excellent potential to host new bedrock gold mineralization.

Executive Commentary on Three Springs Gold Project

We are pleased to report the commencement of our first exploration program at the Three Springs Gold Project. This new exploration license presents an exciting opportunity for Enegex to further expand its gold and copper focused landholdings in the West Yilgarn region. The open-ended gold anomalism and the interpreted folded greenstone with potential for new bedrock gold mineralization are encouraging signs for the project's prospects. We have already been granted access to key properties for low-impact reconnaissance soil sampling, and the initial results from the first pass surface sampling are promising. This project aligns with our strategy to secure and test high-value gold and copper targets in areas where we have considerable operating experience.

Summary of Three Springs Gold Project

Enegex (ASX: $ENX) has secured a new exploration license at the Three Springs Gold Project, marking the commencement of its first exploration program at the promising site. The project, located in the West Yilgarn metals province of Western Australia, presents significant potential for gold mineralization, as indicated by open-ended gold anomalism peaking at 151ppb Au in limited past surface sampling. The interpreted folded greenstone offers excellent potential to host new bedrock gold mineralization, further enhancing the project's prospects. The company's strategy to secure and test high-value gold and copper targets in the region aligns with its extensive landholdings and operational experience. Enegex's access to key properties for low-impact reconnaissance soil sampling and the promising initial results from the first pass surface sampling underscore the potential of the Three Springs Gold Project.