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Exultant Mining Limited (ASX:10X)

ALERT: Price-sensitive ASX Announcement for 10X
Current share price for 10X : $0.180 -0.01 (-5.26%)+
Announcement
Release
9 Apr 2026 8:15AM
Price at Release
$0.190
Full Release
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Summary
Exultant Mining Limited is preparing to commence a maiden drilling campaign at the Peak View Prospect in New South Wales, following recent IP and gravity surveys that have identified multiple high-priority drill targets. These targets include a significant western chargeability anomaly coinciding with a 1.1km gravity high and a compelling untested structural target near the Peak View Thrust. This thrust is part of a major mineralising structure, the Narongo Fault, known for hosting numerous mineral deposits. Final preparations for drilling, including contractor contracts, are underway.
Key Points
  • Exultant Mining Limited is advancing towards drilling at Peak View Prospect.
  • The IP and gravity surveys have identified multiple high-priority drill targets.
  • A western chargeability anomaly, previously untested, coincides with a 1.1km gravity high.
  • The Peak View Thrust is seen as an extension of the Narongo Fault, hosting numerous mineral occurrences.
  • A maiden drilling campaign is set to commence in late April.
  • The IP survey outlined four key areas of interest, including untested chargeability and resistivity anomalies.
  • The Company plans to finalize drilling contractor contracts soon.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.