Burley Minerals Ltd (ASX:BUR)

ALERT: Price-sensitive ASX Announcement for BUR

Current share price for BUR : $0.021 -0.001 (-4.55%)⁺

Announcement

Cane Bore North Heritage Survey to Commence

Release

4 Jun 2026 9:35AM

Price at Release

$0.022

Full Release

Summary

Burley Minerals Ltd is set to commence a Heritage Survey at the Cane Bore Iron Project’s North and Step-Out Targets in Pilbara, Western Australia, on 12 June 2026. This area covers more than 290 hectares over a strike length of more than 5 km, with high-grade iron deposits identified. The survey is essential for proceeding with a reverse circulation drilling program aimed at evaluating the extent of Channel Iron Deposit (CID) mineralisation. This project is strategically located near infrastructure like the Port of Ashburton, offering logistical advantages.

Key Points

Heritage Survey to start at Cane Bore's North and Step-Out Targets on 12 June 2026.
Area covers over 290 hectares with iron grades up to 56% Fe.
Reverse circulation drilling program approved to define resource potential.
Project located near Northwest Coastal Highway and Port of Ashburton.
The survey is critical for the commencement of drilling operations.

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.