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Mamba Exploration Limited (ASX:M24)

ALERT: Price-sensitive ASX Announcement for M24
Current share price for M24 : $0.023 0.005 (27.78%)+
Announcement
Release
30 Mar 2026 8:21AM
Price at Release
$0.018
Full Release
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Summary
Mamba Exploration Limited announced that it has acquired and analyzed historic airborne electromagnetic (AEM) geophysical data and completed a significant soil sampling program at its Meeka East Gold Project. This project, located near Great Boulder Resources Limited’s Side Well Gold Project, has identified areas of high conductivity that coincide with geochemical gold anomalies. The survey targeted areas like the Mulga Bill structure's southern extension and Bella and New Australian South areas. The soil sampling, conducted with the approval of Yugunga Nya PBC, aims to detect low-level anomalies beneath transported cover. The results from these efforts are expected to guide the design of drilling programs, with initial assays anticipated in April. Mamba's Executive Director, Matt Freedman, expressed excitement about the survey results, which reinforce the geological model and extend the areas of prospectivity.
Key Points
  • Mamba Exploration Limited completed soil sampling at Meeka East Gold Project.
  • High conductivity areas identified coincide with gold anomalies.
  • Survey focused on Mulga Bill structure, Bella, and New Australian South areas.
  • Soil sampling approved by Yugunga Nya PBC.
  • Results to guide future drilling programs, with assays expected in April.
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.