ActivEX (ASX:AIV) has identified multiple high-grade gold and silver targets across its Georgetown Project in North Queensland, with the latest phase of surface rock sampling highlighting several prospects earmarked for follow-up exploration.

The company collected 39 rock samples from outcrops and historic mine dumps across four tenements: Cleanskin Creek, Leichardt Creek, Stockman, and Bridle Creek.

Among the standout results was 14.4g/t gold and 150g/t silver from the Comet Prospect at Bridle Creek. Historic workings at this site extend for approximately one kilometre and include shafts reaching depths of around 25 metres.

At the Tambo–Mountain Creek Prospect, located within the Leichardt Creek tenement, sampling returned 221g/t silver and 5.81g/t gold. ActivEX interprets this prospect as having significant aerial extent beneath transported quartz sand cover.

Further high-grade results included 7.32g/t gold and 30.9g/t silver from the Stockman Prospect, and 5.29g/t gold and 59.59g/t silver at Cleanskin Creek. Both sets of results were accompanied by elevated lead and zinc values.

The presence of gold and silver alongside lead and zinc mineralisation is consistent with the polymetallic character of deposits historically targeted in the Georgetown mineral field, a region with a documented gold and base metal mining history dating back to the 19th century.

Managing Director Mark Derriman said the latest program was designed to assess as many historic workings as possible across the Georgetown Project.

"The results identify the Comet and Comet West prospects at Bridle Creek and the Tambo-Mountain Creek prospects at Leichardt Creek as the most extensive and compelling areas for follow-up," Derriman said.

He noted that transported quartz sand masks much of the prospective geology at Leichardt Creek, making ground geophysics an important tool for refining drill targets.

The company stated that results from the latest program have defined priority targets for follow-up soil sampling, geological mapping, ground geophysical surveys, and reverse circulation drilling as part of its 2026–27 exploration campaign.

Surface rock chip sampling is an early-stage exploration method that indicates mineralisation at or near surface but does not by itself define the size, continuity, or economic viability of a deposit. The transition to ground geophysics and reverse circulation drilling represents the next step in testing whether the identified targets extend at depth.

Planned work will also include targeted mapping and rock sampling at the Forsayth tenement before progressing high-priority geochemical and geophysical targets to drilling.