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Exultant Mining Limited (ASX:10X)

ALERT: Price-sensitive ASX Announcement for 10X
Current share price for 10X : $0.140 -0.015 (-9.68%)+
Announcement
Release
13 Aug 2026 8:18AM
Price at Release
$0.155
Full Release
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Summary
Exultant Mining Limited announced updates on its Balerion Prospect drilling program, revealing successful intersections of sulphide-bearing contact zones. Drilling in holes BLRCDD004 and BLRCDD005 identified disseminated, semi-massive, and massive sulphides, with BLRCDD005 showing more robust sulphide development. These findings support the hypothesis that stronger sulphide deposits are present along the sheared rhyolite-volcaniclastic contact. Assay results from prior drill holes BLRCDD001 and BLRCDD002 confirm the presence of base metal and silver anomalies, aiding in refining the geological model. The ongoing drilling of BLRCDD006 and the integration of datasets will guide the next exploration phase.
Key Points
  • Balerion drilling intersects mineralised sheared contact zone with sphalerite, galena, and chalcopyrite sulphides.
  • BLRCDD004 and BLRCDD005 show disseminated to massive sulphides within a targeted shear zone.
  • BLRCDD005 displays stronger sulphide development than BLRCDD004.
  • Results support the interpretation of mineralisation focused along the sheared rhyolite-volcaniclastic contact.
  • Assay results from BLRCDD001 and BLRCDD002 confirm base metal and silver anomalism.
  • BLRCDD006 is underway, and datasets will be integrated to determine the next exploration phase.
  • Exultant Mining provides updates from its maiden drilling program at the Balerion Prospect.
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.