Accelerate Resources (ASX:AX8) unveils major high-grade manganese corridor

Luke Meter, Chief Executive Officer from Accelerate Resources Ltd, spoke to MarketOpen to explain the significance of the newly defined El Largo Corridor at the Woodie Woodie North Project and to further discuss how the confirmation of multiple high grade manganese prospects along this trend has materially expanded the scope and economic potential of the company’s Pilbara assets.

Can you describe the scale of the newly identified El Largo Corridor and explain why this discovery is so significant for the project?

The El Largo Corridor represents a substantial alteration system where we have mapped a 4km long zone of intense hydrothermal alteration within the Carawine Dolomite, which is the same geological formation that hosts the world class Woodie Woodie manganese mine located 70km to the south.

This corridor is clearly visible in aerial imagery as prominent staining across the ridge system, and our recent fieldwork has confirmed that high grade manganese mineralisation is preferentially concentrating along mapped fault structures within this extensive zone, effectively establishing it as a new and potentially centralised high grade manganese centre within our broader 432 square kilometre project area.

You have reported exceptional grades from the newly defined Salamander Prospect; what specific characteristics make this area a priority target for your team?

The Salamander Prospect is a compelling new discovery where high grade manganese pods have formed around and within fault zones over a strike length of approximately 270 metres, returning exceptional rock chip results of up to 59.3% Mn and 51.3% Mn.

These grades are comparable to direct shipping ore quality and, when combined with the structural control we have observed at surface, they demonstrate the strong potential for high grade shoots that remain completely untested by drilling, making this one of the highest priority targets we have identified to date.

Beyond Salamander, the El Largo and Badgely prospects also returned strong results; how do these findings support your concept of a broader mineralised system?

At the El Largo prospect, we have identified a compelling wedge of mineralisation that outcrops a few metres thick before widening to approximately 30 metres near a folded nose structure, with assays returning up to 54.8% Mn, while the Badgely prospect located nearby has returned results up to 41.8% Mn.

The spatial relationship between these prospects strengthens our interpretation that these individual high grade pods are part of a larger, interconnected structural corridor that could host significant tonnage, particularly as the structural setting mirrors that of other high grade pods we have identified within the corridor.

Given that these areas have never been drilled, what does the surface geology tell you about the potential for mineralisation at depth?

The surface geometry and the grade tenor we are seeing suggest significant potential for depth extensions, particularly where mineralisation appears to be faulted down dip beneath the ridge at El Largo which presents a clear drilling opportunity.

We have also observed high grade manganese veins that we interpret as potential hydrothermal root systems, similar to those seen at the Consolidated Minerals Woodie Woodie operation, which gives us high confidence that the mineralised structures continue well below the surface cover and are not just isolated surface features.

With multiple high grade targets now identified along this 4km trend, what are the immediate execution priorities for Accelerate Resources?

We are now focused on aggressively advancing these discoveries, with fieldwork resuming imminently to better define the high grade manganese mineralisation we have identified and to finalise our drilling plans for these priority targets.

Our objective is to systematically test the core high grade areas along the El Largo Corridor, including Salamander and Area 66, to determine the true scale of the opportunity and to demonstrate the project’s capacity to supply high grade manganese at a time of significant global interest in secure critical mineral supply chains.

Unlocking the El Largo potential

Accelerate Resources has successfully validated the El Largo Corridor as a significant new high grade manganese trend, delivering exceptional surface grades that rival direct shipping ore quality.

With multiple untested targets now defined along a 4km strike length and a geological setting analogous to major regional deposits, the company is poised to advance these discoveries through imminent drilling programmes that could rapidly unlock substantial value for shareholders.

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