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Famien Resources Limited (ASX:FMN)

ALERT: Price-sensitive ASX Announcement for FMN
Current share price for FMN : $0.170 0.02 (13.33%)+
Announcement
Release
21 Jul 2026 8:55AM
Price at Release
$0.150
Full Release
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Summary
Famien Resources Limited announced progress in their exploration activities in Cote D'Ivoire, particularly in the Gogo and Tougbo1 areas. The company has encountered a gold mineralised system in the Bonougbara1 Trend, evidenced by several significant drill intercepts. The exploration involves multiple techniques including RC drilling, dump sampling, and stream sediment analysis, aimed at assessing the potential of the region's gold deposits. The company plans to continue drilling efforts and further explore these promising areas.
Key Points
  • The Gogo RC drilling program in Cote D'Ivoire is progressing well and expected to complete by the end of July.
  • The drill rig will move to Tougbo1 to test the Kalama Bave gold mineralised system at greater depths.
  • Initial results from five RC drill holes in the Bonougbara1 Trend confirm a gold mineralised system with significant widths of alteration.
  • Notable intercepts include: 6m at 2.68g/t Au, 3m at 5.61g/t Au, and 23m at 0.64g/t Au.
  • Dump sampling at Koroba West on Tougbo1 East Permit shows anomalous gold values.
  • BLEG stream sediment exploration is progressing well on regional permits.
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.