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Mamba Exploration Limited (ASX:M24)

ALERT: Price-sensitive ASX Announcement for M24
Current share price for M24 : $0.019 0 (0%)+
Announcement
Release
8 May 2026 9:09AM
Price at Release
$0.019
Full Release
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Summary
Mamba Exploration Limited has identified over 20km of gold strike at the Meeka East Gold Project through a soil sampling program. The program has delineated multiple drilling targets, especially in the Lady Maud prospect, which features consistent and elevated gold values. These findings support the Gold in Sediments geological concept, with significant anomalous gold assays located in stratigraphic trends. Mamba plans to conduct a Reverse Circulation drilling program, supported by the Exploration Incentive Scheme, to further explore these areas. Heritage approvals and Programme of Work lodgements are underway to commence drilling activities.
Key Points
  • Soil sampling identified over 20km of gold strike at Meeka East Gold Project.
  • Multiple drilling targets defined, including the highly anomalous Lady Maud prospect.
  • Sampling supports Gold in Sediments geological concept.
  • Planned Reverse Circulation drilling program with up to 50 holes.
  • Exploration Incentive Scheme co-funding secured.
  • Heritage and regulatory approvals in progress.
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.