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Fin Resources Limited (ASX:FIN)

ALERT: Price-sensitive ASX Announcement for FIN
Current share price for FIN : $0.004 -0.01 (-71.43%)+
Announcement
Release
16 Mar 2026 9:54AM
Price at Release
$0.014
Full Release
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Summary
FIN Resources Limited has started the drilling operations at the Cabin Lake Gold Project located in the Northwest Territories, Canada. This marks the company's first drilling campaign following the acquisition of the project, aiming to target priority zones within the Bugow Iron Formation known for gold mineralization. The program is set to cover approximately 1,500 meters of diamond drilling, with camp construction and logistical support already established. A geophysics crew is present at the site to assist with data collection. FIN has completed the first tranche of a capital raising effort to ensure funding for the drilling activities, expecting to release assay results promptly.
Key Points
  • FIN Resources Limited has commenced drilling at the Cabin Lake Gold Project in the Northwest Territories, Canada.
  • The maiden drilling campaign follows the completion of FIN's acquisition of the Cabin Lake project.
  • The drilling program is designed to cover 1,500 meters of diamond drilling targeting high-grade intercepts.
  • Camp construction is completed, and geophysics crew is on-site to support targeting.
  • Assay results will be made available as soon as practicable.
  • FIN Resources completed the first tranche of a capital raising plan to fund the drilling program.
  • The project targets priority zones within the Bugow Iron Formation, which hosts known gold mineralization.
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.