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Cosmo Metals Limited (ASX:CMO)

ALERT: Price-sensitive ASX Announcement for CMO
Current share price for CMO : $0.006 -0.001 (-14.29%)+
Announcement
Release
24 Jun 2026 8:22AM
Price at Release
$0.007
Full Release
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Summary
Cosmo Metals Limited (ASX: CMO) announced the discovery of extensive antimony mineralized zones at Antimony Gully within the Bingara Project in New South Wales, Australia. The initial mapping and sampling identified significant antimony sulphide in quartz vein breccias, with assays revealing concentrations as high as 10.3% Sb at Plunkett & Cassidy East and 5.37% Sb at Plunkett & Cassidy West over a strike length of up to 1.2km. These findings indicate the potential for substantial antimony deposits, with plans for further soil sampling and geological mapping to prioritize drilling targets. The project area, straddling the Peel Fault, is known for its antimony-gold endowment and is situated in proximity to the Hillgrove Antimony-Gold Mine operated by Larvotto Resources.
Key Points
  • Extensive antimony mineralized zones defined at Antimony Gully.
  • Initial mapping and sampling completed on clusters of historic antimony workings.
  • Significant antimony sulphide concentrations identified in quartz vein breccias.
  • Assays revealed up to 10.3% Sb and 5.37% Sb in different locations.
  • Potential for substantial antimony deposits and further exploration planned.
  • Bingara Project located in New South Wales, Australia, straddles the Peel Fault.
  • Project area is known for its antimony-gold endowment.
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.