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Exultant Mining Limited (ASX:10X)

ALERT: Price-sensitive ASX Announcement for 10X
Current share price for 10X : $0.120 -0.005 (-4%)+
Announcement
Release
26 Aug 2026 8:00AM
Price at Release
$0.125
Full Release
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Summary
Exultant Mining Limited has completed its maiden drilling program at the Balerion Prospect within the Peak View Project in New South Wales. The final hole, BLRCDD006, intersected a 6.5m downhole shear zone with significant sulphide mineralization. The drill program, consisting of six holes, was successful in hitting its targets and remained within budget. Five of the six drill holes showed visible sulphides. The completion of this program marks a significant milestone and provides a strong foundation for assessing the broader potential of Balerion. Laboratory assays for the last three drill holes are pending and are expected in 4-6 weeks. These results, once available, will be used to guide the next phase of exploration.
Key Points
  • Final Balerion hole BLRCDD006 intersected a sulphide-bearing shear zone.
  • Program completed on budget with visible sulphides in five out of six drill holes.
  • Assays for BLRCDD004, BLRCDD005, and BLRCDD006 are pending.
  • The program provides a better understanding of the Balerion Prospect.
  • Exultant Mining Limited plans to integrate these findings into an updated geological model.
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.