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Enegex Limited (ASX:ENX)

ALERT: Price-sensitive ASX Announcement for ENX
Current share price for ENX : $0.215 0.04 (22.86%)+
Announcement
Release
24 Nov 2025 8:51AM
Price at Release
$0.175
Full Release
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Summary
Enegex Limited has identified extensive high-grade gold soil anomalies within the Gogo permit in Côte D’Ivoire, specifically in the Bonoubana Trend. Detailed soil sampling has outlined large coherent gold anomalies over a 5km long trend, with significant gold-in-soil values. The highest single anomaly is about 700m long and 200m wide, remaining open to the south. These findings suggest a substantial gold mineralized system. The company plans to initiate further trenching and drilling activities, with air core or reverse circulation drilling expected to commence early January 2026. This work follows the acquisition of Famien Resources Pty Ltd, which had previously conducted further exploration in the area, and aligns with Enegex's strategy to advance their exploration projects in Côte D’Ivoire.
Key Points
  • Significant gold anomalies identified within the Gogo permit, part of the Bonoubana Trend.
  • Detailed soil sampling highlighted areas with high-grade gold values, including notable samples exceeding 4g/t Au.
  • The largest anomaly spans approximately 700m by 200m and is open at the southern end.
  • Trenching and further drilling are planned to better understand the mineralization style and continuity.
  • Exploration efforts are part of Enegex's strategic focus on their Cote D’Ivoire projects following the acquisition of Famien Resources Pty Ltd.
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.