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Eastern Resources Limited (ASX:EFE)

ALERT: Price-sensitive ASX Announcement for EFE
Current share price for EFE : $0.027 -0.005 (-15.63%)+
Release
9 Jul 2026 8:40AM
Price at Release
$0.032
Full Release
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Summary
Eastern Resources Limited has announced significant high-grade rock chip results from its Marengo Gold Project, with assays reaching up to 12.3 g/t Au. These samples were taken from Reza’s Reef, which is part of the Marengo project located within the prolific Queensland mineral belt. The project is characterized as an Intrusion Related Gold Copper System. The company's strategy focuses on exploring emergent precious metals and critical minerals, enhancing their portfolio of projects including the Marengo Gold Project.
Key Points
  • Eastern Resources Limited reported high-grade rock chip results at Marengo.
  • The highest gold assay results were up to 12.3 g/t Au.
  • Samples were collected from Reza’s Reef, part of the Marengo project.
  • The Marengo Gold Project is a high-level Intrusion Related Gold Copper System.
  • The project is located within the historical Marengo Goldfield in Queensland.
  • Eastern Resources Limited is focused on emergent precious metals and critical minerals.
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.