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Exultant Mining Limited (ASX:10X)
ALERT: Price-sensitive ASX Announcement for 10X
Current share price for 10X : $0.135 -0.03 (-18.18%)+
Release
7 May 2026 8:18AM
Price at Release
$0.165
Full Release
Summary
Exultant Mining Limited announced the receipt of drilling approval from the NSW Resources Regulator and the finalization of a 12-hole RC drill program at the Balerion Prospect, formerly known as the Peak View Prospect, within the Peak View Project, New South Wales. This decision follows recent surveys revealing a significant soil anomaly and various geophysical anomalies which have enhanced structural understanding of the prospect. The company is poised to test undrilled targets and extensions of known mineralization, with earthworks and drilling contractors already secured for rapid mobilization. This marks a pivotal moment for Exultant and its shareholders as it progresses towards unlocking potential resources at Balerion.
Key Points
- Drilling approval received and contractors secured for rapid mobilization
- Peak View Prospect renamed to Balerion Prospect
- 12-hole targeted drill program finalized at Balerion Prospect
- Drill targets defined from integrated soil geochemistry and IP survey results
- Program designed to test undrilled targets and extensions to known mineralization
- Earthworks and drilling contractors secured, with plans to commence drilling 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.
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