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Cosmo Metals Limited (ASX:CMO)

ALERT: Price-sensitive ASX Announcement for CMO
Current share price for CMO : $0.005 -0.004 (-43.75%)+
Release
29 Jul 2026 9:30AM
Price at Release
$0.008
Full Release
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Summary
Cosmo Metals Limited provided an update on their activities for the quarter ending June 30, 2026. The company completed an upscaled RC and diamond drilling campaign at the Kanowna Gold Project, located near Kalgoorlie, WA, achieving significant gold mineralization results at the Don Alvaro prospect. Initial drilling results were promising, with continued assay results anticipated. Additional high-grade mineralizations were discovered at the Bingara projects in NSW, particularly at the Everest-Mona-Victory VMS Trend, with plans for the first-ever drilling at the Mona site. The company completed geological mapping and surface sampling across various prospects, including the Antimony Gully Trend, confirming potential for high-grade antimony mineralization. Cosmo Metals is advancing stakeholder engagement and necessary approvals to proceed with further exploration activities.
Key Points
  • Completion of RC and diamond drilling at Kanowna Gold Project.
  • Initial assay results show promising gold mineralization at Don Alvaro.
  • High-grade Cu-Au-Ag mineralization confirmed at Bingara's Everest-Mona-Victory VMS Trend.
  • Planning for first-ever drilling at Mona within Bingara VMS belt.
  • Geological mapping and sampling confirm high-grade antimony at Antimony Gully Trend.
  • Progress in obtaining approvals for further exploration.
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.