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MB Gold Limited (ASX:MBG)

ALERT: Price-sensitive ASX Announcement for MBG
Current share price for MBG : $0.165 0.005 (3.13%)+
Announcement
Release
10 Aug 2026 8:39AM
Price at Release
$0.160
Full Release
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Summary
MB Gold Limited announced the commencement of Phase 2 drilling at their Marble Bar Gold Project in Western Australia, targeted at expanding the high-grade mineralization identified during Phase 1 at Twin Veins and Twin Veins East, and conducting maiden drilling at the Razorback Prospect. The program involves a 6,000-meter reverse circulation drill expected to last 6-7 weeks, with assay results to be released progressively. The initiative aims to build upon previous findings and explore underexplored areas, driving the company's strategy for discovery and resource delineation.
Key Points
  • Phase 2 drilling program at Marble Bar Gold Project has commenced.
  • Targeting extensions at Twin Veins and first-pass drilling at Razorback.
  • The program consists of approximately 6,000 meters of reverse circulation drilling.
  • Drilling is expected to take 6-7 weeks, with periodic release of assay results.
  • MB Gold aims to extend high-grade mineralization and explore new targets.
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.