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Haranga Resources Limited (ASX:HAR)

ALERT: Price-sensitive ASX Announcement for HAR
Current share price for HAR : $0.090 -0.045 (-33.33%)+
Announcement
Release
10 Nov 2025 8:21AM
Price at Release
$0.135
Full Release
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Summary
Haranga Resources Limited has provided an operational and drilling update for their Lincoln Gold Project. Significant progress is being made with the dewatering of the Stringbean Alley Decline, facilitating access to drill positions. The company plans to commence a drilling program with a diamond drill rig in late November, aiming to convert the historical resource at Lincoln-Comet into a JORC-compliant mineral resource estimate by January 2026. The existing infrastructure includes a processing plant, decline development, and foundational permits, underpinning the project's advancement. Haranga aims to leverage technical efficiencies from the existing decline to enhance cost-effectiveness and accuracy in drilling operations.
Key Points
  • Dewatering of the Stringbean Alley Decline is underway to access drill positions.
  • A drill program of approximately 2,200m over 21 holes is planned.
  • The objective is to convert historical resources to JORC-compliant estimates by January 2026.
  • Significant prior capital investment into the Lincoln project, including processing plant and underground development.
  • Haranga Resources Limited is leveraging existing decline for technical and cost efficiencies.
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.