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Cosmo Metals Limited (ASX:CMO)

ALERT: Price-sensitive ASX Announcement for CMO
Current share price for CMO : $0.005 0 (0%)+
Announcement
Release
26 Aug 2026 7:59AM
Price at Release
$0.005
Full Release
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Summary
Cosmo Metals Limited announced the commencement of a soil sampling program at the Plunkett & Cassidy antimony prospect within the 8km long Antimony Gully Trend. The program involves collecting approximately 380 soil samples over a 2km strike length using a mechanised auger, with in-field pXRF analysis and selective laboratory testing to provide detailed elemental data. Previous mapping and sampling indicated significant antimony and gold potential, with possible extensions of mineralised zones under shallow cover. This effort aims to identify and prioritize drill targets, contributing to the region's exploration strategy alongside similar efforts at the Hillgrove Antimony-Gold Mine.
Key Points
  • Soil sampling program initiated at Plunkett & Cassidy antimony prospect.
  • Program aims to collect around 380 soil samples using mechanised auger.
  • Sampling to occur over a 2km strike length, focusing on areas disturbed by farming.
  • In-field pXRF analysis will be conducted for preliminary data.
  • Representative samples will undergo laboratory analysis for precision data.
  • Mapping and surface sampling previously identified high antimony and gold content.
  • Potential for multiple parallel mineralised lodes under shallow cover.
  • Region shares geological features with Larvotto Resources’ Hillgrove Antimony-Gold Mine.
  • Systematic soil sampling will help define drill targets.
  • Antimony Gully Trend spans over 8 km, identified through detailed DEM and LiDAR surveys.
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.