VALIANT GOLD LTD (VAL) - Restarting Comet And Growing Reedy In WA’s Murchison

Send us Fan Mail A demerged gold company can look like “just another explorer” on day one, but the real story is whether it can execute like a developer. We’re joined by Brendan Tritton, Managing Director and CEO of Valiant Gold Limited, to talk through what’s changed since the separation from Westgold and why Valiant believes its brownfields gold projects in Western Australia’s Murchison region can support a near term production pathway. We dig into the Comet restart in plain language: why Mako Mining is on site for dewatering and underground rehabilitation, what it meant to successfully re enter the Comet Underground Mine, and how the unexpectedly solid underground conditions could accelerate timelines. We also unpack the practical mine engineering work underway to shape an initial life of mine plan, built from prior operating designs rather than waiting on a long, traditional study cycle. On the growth side, we cover the Reedy project’s standout diamond drilling at depth, what a strong intercept well below the current mineral resource estimate suggests about the system, and how upcoming assays may help tighten confidence and support resource conversion from inferred to indicated. Plus, we look at why a second rig is heading to the Boomerang deposit, and how that resource could underpin an open pit start with longer term underground optionality. We finish with funding and valuation: Valiant’s quarter end cash position, how management prioritizes parallel workstreams, and why Brendan thinks the market still underappreciates the shift from explorer to developer. If you enjoy these ASX mining updates, subscribe, share the episode with a mate, and leave a review so more investors can find it.