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29Metals Limited (ASX:29M)

ALERT: Price-sensitive ASX Announcement for 29M
Current share price for 29M : $0.345 0.085 (32.69%)+
Announcement
Release
25 Jun 2026 8:20AM
Price at Release
$0.260
Full Release
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Summary
29Metals Limited has announced the results from the 2026 drilling program at Golden Grove, Western Australia, focusing on Resource Extension and Conversion at Oizon. The program has revealed significant high-grade mineralization, including notable copper and zinc intercepts, highlighting extensions to existing resources. Key results include high-grade copper intercepts of 2.2m at 5.1% Cu and significant zinc intercepts of 29.8m at 16.9% Zn. These results build on the 2025 program, confirming Oizon and Hougoumont Extended as a large, single mineralized system. The development of Oizon is on track, with first ore expected by the end of 2026, enhancing mine plan flexibility and potential cost efficiencies at Golden Grove.
Key Points
  • High-grade Resource Extension intercepts at Oizon.
  • Significant copper and zinc mineralization confirmed.
  • 2.2m at 5.1% Cu, 17.7g/t Au, 126g/t Ag in hole G26/525A.
  • 29.8m at 16.9% Zn, 0.1% Cu, 1.2g/t Au in hole G26/526.
  • Oizon and Hougoumont Extended identified as a single large mineralized system.
  • Development on track with first ore expected by end of 2026.
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.