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Enegex Limited (ASX:ENX)

ALERT: Price-sensitive ASX Announcement for ENX
Current share price for ENX : $0.215 0.035 (19.44%)+
Announcement
Release
31 Mar 2026 8:27AM
Price at Release
$0.180
Full Release
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Summary
Enegex Limited has announced strong gold intercepts from their maiden aircore drilling program at the Kalama Bave prospect within the Tougbe exploration permit in Côte d'Ivoire. The program intersected multiple gold-mineralised zones, confirming a significant mineralised system with significant intercepts such as 24m at 3.72 g/t Au. The drilling, which followed encouraging auger results, indicates promising potential in a previously unexplored area for gold mining. Plans are underway for deeper reverse circulation drilling to explore mineralisation in fresh rock. The results mark a successful start for Enegex in the region, highlighting the prospect's potential within the larger Gogo-Tougbe permit group known for its rich geological features conducive to gold mineralisation.
Key Points
  • Enegex Limited conducted a maiden aircore (AC) drilling program at the Kalama Bave prospect within the Tougbe exploration permit.
  • The AC drilling intersected multiple gold-mineralised zones, confirming a significant mineralised system in the target area.
  • 94 shallow AC drill holes were completed, with 50% containing reportable gold intercepts.
  • Significant intercepts include TOAC074 with 24m @ 3.72 g/t Au from 0m, including 4m at 20.40 g/t Au.
  • The drilling program was designed to follow up on promising auger results reported earlier in January 2026.
  • The mineralised system extends to the limit of the drilled area, indicating potential for further exploration.
  • Managing Director Paul Roberts highlighted the success as a promising start in an area with no prior gold mining history.
  • Additional reverse circulation (RC) drilling is planned to further test the system in the fresh rock below.
  • The Tougbe exploration permit is part of a group of permits in the Gogo-Tougbe area in Côte d'Ivoire, recognized for potential gold deposits.
  • Further RC drilling aimed at deeper targets and extensions is planned in the near future.
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.