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Cosmo Metals Limited (ASX:CMO)
ALERT: Price-sensitive ASX Announcement for CMO
Current share price for CMO : $0.006 -0.012 (-66.67%)+
Announcement
Release
11 Nov 2025 8:17AM
Price at Release
$0.018
Full Release
Summary
Cosmo Metals Limited has confirmed the prospectivity of antimony at the Bingara project in New South Wales, Australia. The exploration highlighted the +8km long Antimony Gully Trend as a significant corridor for antimony and gold mineralisation, identified using a high-resolution LiDAR survey. The company conducted reconnaissance rock chip sampling at the historic McManus antimony mine, with results showing up to 5.75% antimony and associated gold anomalies. This area is considered highly prospective, similar to the nearby Armidale Antimony Project by Red Mountain Mining Limited. Future exploration will include soil sampling and detailed geological mapping to prioritize drill targets.
Key Points
- LiDAR survey identified the +8km Antimony Gully Trend.
- Reconnaissance rock chip sampling returned up to 5.75% Sb.
- Antimony Gully Trend is comparable to Red Mountain's Armidale Antimony Project.
- Future work includes soil sampling and detailed mapping for drill targets.
- Antimony potential is similar to Larvotto Resources' Hillgrove Antimony-Gold Deposit.
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.
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