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Alma Metals Limited (ASX:ALM)

ALERT: Price-sensitive ASX Announcement for ALM
Current share price for ALM : $0.012 0.005 (71.43%)+
Announcement
Release
10 Dec 2025 9:38AM
Price at Release
$0.007
Full Release
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Summary
Alma Metals Limited has successfully completed its 2025 drilling program at the Briggs copper deposit in Central Queensland. The final drilling hole, 25BRD0038, indicated strong visual mineralisation, extending the previous findings of hole 25BRD0037 which contained significant copper, molybdenum, and silver mineralisation. The drilling program is part of a broader effort to update the Mineral Resource Estimate and aid the prefeasibility study planned for 2026. Alma Metals is working towards increasing its ownership in the project to 70% through a joint venture agreement and is also exploring opportunities at the East Kimberley Copper Project in Western Australia.
Key Points
  • Completion of the 2025 drilling program at Briggs, Central Queensland.
  • Strong visual mineralisation observed in the final hole 25BRD0038.
  • Drilling extends on previous findings of mineralisation from hole 25BRD0037.
  • Further assays expected in the new year to support the prefeasibility study.
  • Alma Metals aims to increase project ownership to 70% via a joint venture agreement.
  • The company also holds exploration interests in the East Kimberley Copper Project.
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.