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Cosmo Metals Limited (ASX:CMO)

ALERT: Price-sensitive ASX Announcement for CMO
Current share price for CMO : $0.005 -0.001 (-16.67%)+
Announcement
Release
14 Aug 2026 8:17AM
Price at Release
$0.006
Full Release
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Summary
Cosmo Metals Ltd announced the confirmation of a broad mineralised zone at the Adder prospect within the Kanowna Gold Project. The drilling results revealed significant gold mineralisation, particularly from the southernmost hole, ADRD003, which showed intersections of 15.1 meters at 0.35g/t Au from 189.9 meters and 12 meters at 0.35g/t Au from 209 meters. These findings confirm the continuity of the mineralisation approximately 100 meters down dip of a previous 24KGRC0001 hole. The Kanowna Shear at Adder remains largely untested below 100 meters, indicating a potential for a large mineralised system. Cosmo Metals is focusing on defining further drilling targets to explore higher grade mineralisation within this area. The project is strategically located near Northern Star Resources' Kanowna Belle gold mine.
Key Points
  • Broad mineralised zone confirmed at the Adder prospect.
  • Significant intersections include 15.1m at 0.35g/t Au and 12m at 0.35g/t Au.
  • Continuity of mineralisation confirmed ~100m down dip from prior drilling.
  • The southernmost hole, ADRD003, highlights potential for a large mineralised system.
  • Further drilling targets being defined for higher grade mineralisation.
  • Project located near Northern Star Resources' Kanowna Belle gold mine.
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.