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Hillgrove Resources Limited (ASX:HGO)

ALERT: Price-sensitive ASX Announcement for HGO
Current share price for HGO : $0.062 0.015 (31.91%)+
Announcement
Release
14 May 2026 9:13AM
Price at Release
$0.047
Full Release
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Summary
Hillgrove Resources Limited announced encouraging high-grade intersections from their underground drilling at the Kavanagh site within the Kanmantoo Copper Mine, South Australia. These new drill results, surpassing the current Mineral Resource Estimate, include notable copper and gold grades, suggesting potential resource expansion and extended mine life. The report anticipates these results to contribute to the 2026 Mineral Resource Update and supports the aim of establishing Kanmantoo as a major operation. Further results from the Emily Star drilling program are also expected soon.
Key Points
  • Hillgrove Resources Limited reported high-grade intersections at Kavanagh in the Kanmantoo Copper Mine.
  • Recent drilling exceeds the current Kavanagh Mineral Resource Estimate.
  • Significant drill intercepts include up to 2.05% copper and 0.07 g/t gold.
  • The exploration program aims to expand the mineralized footprint.
  • Hillgrove looks forward to including these results in the 2026 Mineral Resource Update.
  • The drilling program is part of establishing Kanmantoo as a 2-million-tonne-plus operation.
  • Expecting further assay results from the Emily Star drilling program.
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.