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Exultant Mining Limited (ASX:10X)

ALERT: Price-sensitive ASX Announcement for 10X
Current share price for 10X : $0.155 -0.03 (-16.22%)+
Announcement
Release
21 Jul 2026 8:29AM
Price at Release
$0.185
Full Release
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Summary
Exultant Mining Limited has announced promising assay results from historic drill cores at the Tuglow Copper Mines, revealing gold and silver in previously unsampled quartz veining. The results included significant gold, silver, and base metal mineralisation, with a noteworthy 21.1m interval at 0.18g/t gold and 2.1g/t silver. These results suggest potential for undiscovered mineralisation beyond the narrow sulphide lodes historically targeted. The company plans to continue exploring the broader mineralised corridor, supported by systematic geochemical and geophysical surveys. These findings enhance the geological understanding of the Tuglow system and support Exultant's exploration efforts at the Black Hammer Project.
Key Points
  • Exultant Mining Limited announced assay results from historic drill cores at Tuglow Copper Mines, revealing gold and silver in previously unsampled quartz veining.
  • The best result from drill hole TDDH1 included 21.1m at 0.18g/t Au and 2.1g/t Ag from 3.4m, with significant base metal mineralisation.
  • TDDH2 presented narrow high-grade base metal intervals, including 0.35m at 3.05% Zn and 0.14% Pb from 45.2m.
  • The findings suggest potential for additional mineralisation beyond historically mined sulphide lodes.
  • Exultant's exploration at Tuglow aims to expand understanding of the mineral system and supports further exploration of the 1km mineralised corridor.
  • Future exploration steps include land access negotiations, compiling historic data, and planning systematic geochemical and geophysical surveys.
  • Exultant Mining Limited's ASX ticker is 10X.
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.