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Fin Resources Limited (ASX:FIN)

ALERT: Price-sensitive ASX Announcement for FIN
Current share price for FIN : $0.005 0.002 (42.86%)+
Announcement
Release
21 Aug 2026 9:38AM
Price at Release
$0.004
Full Release
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Summary
Fin Resources Limited has initiated a summer drilling program at its 100% owned Cabin Lake Gold Project in Canada, targeting 14 priority areas identified through advanced geophysical surveys. The company aims to build upon previous high-grade gold findings within the Bugow Iron Formation, which have shown promising results in past drilling activities. This program integrates recent geological data and seeks to explore potential high-grade gold deposits, enhancing the project's commercial viability.
Key Points
  • Fin Resources Limited has commenced a fully funded summer drilling program at the Cabin Lake Gold Project.
  • The program includes 15 planned drill holes across 14 priority exploration targets.
  • Targets were identified from induced polarisation surveys and magnetic interpretations.
  • Drilling focuses on the gold-hosting Bugow Iron Formation with historical high-grade intersections.
  • Gold mineralisation is associated with sulphides like pyrite and pyrrhotite.
  • The project aims to build on previous high-grade results to find commercially viable gold deposits.
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.