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Fin Resources Limited (ASX:FIN)

ALERT: Price-sensitive ASX Announcement for FIN
Current share price for FIN : $0.005 -0.007 (-56.52%)+
Announcement
Release
27 Mar 2026 9:39AM
Price at Release
$0.012
Full Release
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Summary
FIN Resources Limited announced the completion of its first drill hole (CL-26-001) at the Cabin Lake Gold Project in the Northwest Territories, Canada. The drilling program intersected a significant 38.37-meter zone of sulphide mineralisation within a banded iron formation, consisting predominantly of pyrite with lesser pyrrhotite. Assays are currently being fast-tracked, with results expected in the coming weeks. The project is part of a broader exploration campaign, which includes a series of geophysical surveys and additional drilling. The company has successfully raised initial capital to fund these activities, and is actively engaging with local First Nations, ensuring ongoing collaboration and support for the project.
Key Points
  • First drill hole completed at Cabin Lake Gold Project.
  • Broad 38.37m zone of sulphide mineralisation intersected in banded iron formation.
  • Assays are pending with results expected in 4-6 weeks.
  • Drill rig mobilising to second hole.
  • Plan to test true widths and structural controls under winter conditions.
  • Geophysical surveys, including downhole and ground magnetic surveys, are underway.
  • Initial funding raised through capital raising of A$3.75 million.
  • Ongoing collaboration with local Tlic?ho community.
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.