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Alma Metals Limited (ASX:ALM)

ALERT: Price-sensitive ASX Announcement for ALM
Current share price for ALM : $0.012 -0.001 (-7.69%)+
Announcement
Release
27 Jan 2026 8:21AM
Price at Release
$0.013
Full Release
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Summary
Alma Metals Limited announced the final assays from its 2025 drilling program at the Briggs Copper Project in Central Queensland. The results, which include substantial copper, molybdenum, and silver mineralization, validate the geological model and support the extension of the Mineral Resource Estimate (MRE) depth and near-surface mineralization. Key intersections include 620m at 0.25% Cu from near-surface in hole 25BRD0037 and 30m at 0.90% Cu in hole 25BRD0038. These results boost confidence in the project's scale and prospectivity, with plans for further drilling in 2026 as part of a high-priority infill drilling program.
Key Points
  • Final assays received for 2025 drilling program at Briggs.
  • 620m at 0.25% Cu from near-surface in hole 25BRD0037.
  • 30m at 0.90% Cu in hole 25BRD0038, indicating high-grade mineralization.
  • Strong correlation with surface soil sampling, guiding future drilling.
  • 2026 drilling will focus on infill and extending resource footprint.
  • High confidence in geological model and mineralization continuity.
  • Preparation for Prefeasibility Study (PFS) underway.
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.