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Mamba Exploration Limited (ASX:M24)

ALERT: Price-sensitive ASX Announcement for M24
Current share price for M24 : $0.066 0.049 (288.24%)+
Announcement
Release
29 Jul 2026 8:21AM
Price at Release
$0.017
Full Release
download
Summary
Mamba Exploration Limited has identified the Copper Hills prospect as a priority copper target within its Meeka East Project area. Through a reappraisal of historical data, Mamba has reframed the geological model for the site, suggesting a sediment-hosted copper system rather than the previously assumed intrusion-hosted model. The company plans a detailed program consisting of relogging, mapping, sampling, and geophysical reinterpretation to explore the potential of this target further. This work complements Mamba's ongoing gold-focused efforts in the region, with plans for drilling at the Meeka East Gold Project also underway.
Key Points
  • Copper Hills reappraised as sediment-hosted copper target.
  • Historical data identifies potential for SEDEX/VSHMS-style mineralization.
  • Revised model analogous to Whim Creek/Mons Cupri systems.
  • Planned work includes relogging, mapping, and geophysical surveys.
  • Meeka East Gold Project's drilling scheduled post-heritage clearance.
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.