Cote D'Ivoire Soils Underway and Ghana Auger Well Advanced
Released
Released
Announcement PDF
2 October 2025
CASTLE LAUNCHES CÔTE D’IVOIRE SOIL SAMPLING
AND ACCELERATES GHANA AUGER DRILLING
CÔTE D’IVOIRE
• 981-sample soils programme commencing shortly across two prospective
Birimian target areas on the granted Ebony permit.
• Designed to identify primary sources of alluvial gold being recovered at sporadic
artisanal miner workings.
GHANA
• 220-hole power auger programme completed on the Kandia licence.
• Rig re-deployed to the adjacent Bulenga licence where a 214-hole programme to
test for new gold occurrences is ~50% complete.
• To be followed by a phase-one 400-hole auger drilling campaign on the Gbiniyiri
licence surrounding the Degbiwu licence that hosts the Kpali gold discovery.
• Targets at all projects are associated with interpreted deeply penetrating regional-
scale structures known to elsewhere host multi-million-ounce gold systems.
Fig 1: Castle’s two Ghanaian gold projects and the seven permits in
Cote d’Ivoire being acquired through the purchase of Mineralis Ltd.
The granted Ebony permit is shaded red.
Cote d’Ivoire Soil Sampling and Ghana Auger Drilling Campaigns
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“We now have three concurrent discovery vectors comprising coarse-grid
soils in Côte d’Ivoire to light up first-order anomalies, plus bak-to-back auger
programmes across Kandia, Bulenga and Kpali/Gbiniyiri in Ghana. With rigs
and crews sequenced, investors can expect regular updates as assays are
received and anomalies emerge” — Stephen Stone, Executive Chair.
________________________________________
Castle Minerals Limited (“Castle”, “the Company”) (ASX:CDT) is pleased to advise that an
extensive regional-scale soil sampling campaign is about to commence in Côte D’Ivoire at the
Company’s recently acquired projects. The programme is designed to test two zones of
prospective Birimian terrane for gold mineralisation, the host to many multi-million-ounce
gold deposits in West Africa.
The campaign will be undertaken on the granted Ebony permit (PR0965)(343.1km2
) of African
Ressources Ltd. This permit is one of seven (one granted. six in applications) covering a total
1,842km2
being acquired by Castle through its 100% acquisition of Mineralis Ltd (“Mineralis”)
which holds the right to earn up to a 90% interest in each (refer ASX release 21 August 2025).
The northern group of six permits, including Ebony, cover a combined 1,615km2
and is centred
25km south of the 4.5Moz Tanda-Iguela (Assafou) discovery of Endeavour Mining (LSE:
EDV/TSX: EDV). This region hosts numerous mapped gold occurrences but has received
minimal systematic exploration.
Fig 2: Proposed soil sampling areas (800m x 100m grids) on the granted Ebony permit
(PR0965) of African Ressources Ltd.
Cote d’Ivoire Soil Sampling and Ghana Auger Drilling Campaigns
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The southern permit (application)(121.1km2
) lies on an extension of the Birimian-age Bibiani–
Chirano belt, 50km southwest of the operating 3.5Moz Chirano Mine in Ghana, and has a
similar geological setting to the 3.6Moz Afema resource of Turaco Gold.
The soil sampling has been designed to assist with the identification of primary gold
mineralisation thought to be the source of gold being recovered from alluvial material by
sporadic artisanal miner workings.
Recent reprocessing and review of multispectral satellite datasets followed by a field
inspection of the permits by Castle’s consultants, conducted as part of its technical due
diligence of Mineralis, has confirmed the broader prospectivity of the Ebony permit.
Two field crews are being deployed to collect 981 soil samples on an 800m x 100m grid.
GHANA AUGER SAMPLING
Castle has completed a multi-target power auger
sampling campaign at its 100%-owned Kandia Gold
Project in the country’s emerging Upper West gold
region of Ghana
The 220-hole programme was designed to test for new
mineralised zones, especially in the northern region of
the Kandia licence, as well as for extensions of known
gold zones at the Kandia 4000 and 8000 prospects.
Samples have been dispatched to the assay lab in
Ghana. Results are expected in coming weeks.
The northern region of the Kandia licence hosts the
prospective contact between Birimian metasediments
and a granite intrusive that trends northeast towards
the nearby Azumah Resources (Ghana) Limited owned,
Black Volta Gold Project’s multi-million-ounce gold
deposits.
The auger rig has shifted west to the adjacent Bulenga
licence where 214 auger holes have been planned of
which 50% are already completed. Bulenga similarly
encompasses large tracts of highly prospective
Birimian geological terrane.
Upon completion of work on the Bulenga licence, the auger rig will be transported 150km
southwest to the Kpali Gold Project which lies primarily on the Degbiwu licence. Based on a
recently completed detailedstructural interpretation using an acquired and reprocessedthird
party aeromagnetic dataset, an initial 400 auger holes will be drilled mainly in the northern
part of the adjacent and surrounding considerably under-explored Gbiniyiri Licence. Holes
outlined for the remaining areas of the Gbiniyiri licence will be considered as part of a second
phase programme.
For further information please contact:
Stephen Stone
Executive Chair
stone@castleminerals.com
+61 (0)418 804 564
Cote d’Ivoire Soil Sampling and Ghana Auger Drilling Campaigns
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Figs 3: Castle’s Kandia and broader Wa East tenure on aeromagnetics showing planned auger
hole sampling lines.
Cote d’Ivoire Soil Sampling and Ghana Auger Drilling Campaigns
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This announcement was authorised for release to the ASX by the Board of Castle
Minerals Limited.
Fig 4: Planned auger hole sampling lines at the Kpali Gold Project extending onto
the surrounding and largely very under-explored Gbiniyiri Licence.
Cote d’Ivoire Soil Sampling and Ghana Auger Drilling Campaigns
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ABOUT CASTLE MINERALS
Castle Minerals Limited (ASX: CDT) is a dedicated West African gold explorer with a
commanding, 100 %-owned and extensive tenure position in northern Ghana and eastern
Côte d’Ivoire, an emerging West African exploration frontier in one of the world’s premier gold
regions.
Within its portfolio in the Upper West Region of Ghana, Castle holds the Kpali and Kandia
Gold Projects. The Company recently contracted to earn interests in seven permits (one
granted, six in application) along the Côte d’Ivoire–Ghana border. All projects are located on
fertile Birimian greenstone belts, host to numerous multi-million-ounce gold mines across
Ghana, Côte d’Ivoire and the broader West African region.
PREVIOUSLY REPORTED INFORMATION RELATING TO THIS ANNOUNCEMENT
Further information can be found in the releases referenced in this Report and/or in
releases lodged by the Company with the ASX, including the following:
Headline Date
Target Defining Auger Campaign Commenced at Kandia 2 September 2025
CDT Moves to 100% of Mineralis to Secure Cote d’Ivoire Earn-In Rights 1 September 2025
Castle to Acquire Extensive Côte d’Ivoire Footprint 21 August 2025
Castle Launches Extensive Auger Drilling Campaign at Kandia 7 August 2025
Kandia Is Emerging as a Cohesive, Multi-Deposit Gold Corridor 10 Jul 2025
Strong Gold Hits at Bundi Prospect, Ghana 3 Jul 2025
High Grade Gold Hits, Kpali Prospect, Ghana 16 Jun 2025
Drilling Completed Ahead of Schedule at Kpali Gold Project 20 May 2025
March 2025 Quarterly Report & Appendix 5B 28 April 2025
Next Phase of Drilling to Commence at Kpali Gold Project 24 March 2025
High Grade Gold intercepts Confirm Kpali Discovery 13 February 2025
Excellent Gold Intercepts From Drilling at Kandia Prospect 28 January 2015
Drilling Completed at Kpali and Kandia Gold Prospects 15 January 2025
Drilling Commences at Kpali and Kandia Gold Prospects 19 December 2024
Kpali Drilling Programme Completed and Drill-for-Equity Agreement 22 August 2024
Castle Commences Drilling at Kpali Gold Project 7 August 2024
STATEMENTS
Historical Exploration Results - Competent Person’s Compliance Statement
The Company is not aware of any new information or data that materially affects the
information included in the relevant historical market announcements referenced herein.
Current Exploration Results - Competent Person’s Compliance Statement
The scientific and technical information in this Report that relates to the geology of the
deposits and exploration results is based on information compiled by Mr Stephen Stone, who
is Executive Chairman of Castle Minerals Limited. Mr Stone is a Member of the Australian
Institute of Mining and Metallurgy and has sufficient experience which is relevant to the style
of mineralisation and type of deposit under consideration and to the activity which he is
Cote d’Ivoire Soil Sampling and Ghana Auger Drilling Campaigns
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undertaking 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 Stone is the Qualified Person overseeing Castle’s exploration projects and has
reviewed and approved the disclosure of all scientific or technical information contained in
this announcement that relates to the geology of the deposits and exploration.
Cautionary Statement
All of Castle’s projects in Australia are considered grassroots or at a relatively early stage of
exploration. There has been insufficient exploration to define a Mineral Resource. No
Competent Person has done sufficient work in accordance with JORC Code 2012 to
determine conclusively or to estimate in what quantities gold or other minerals are present. It
is possible that, following further evaluation and/or exploration work, confidence in the
information used to identify areas of interest may be reduced when reported under the JORC
Code (2012).
Forward Looking Statement
Statements regarding Castle’s plans, forecasts and projections with respect to its mineral
properties and programmes are forward-looking statements. There can be no assurance that
Castle’s plans for the development of its mineral properties will proceed. There can be no
assurance that Castle will be able to confirm the presence of Mineral Resources or Ore
Reserves, that any mineralisation will prove to be economic or that a mine will be successfully
developed on any of Castle’s mineral properties. The performance of Castle may be
influenced by factors outside the control of the Company, its Directors, staff or contractors.
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