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Mount Hope Mining Limited (ASX:MHM)

ALERT: Price-sensitive ASX Announcement for MHM
Current share price for MHM : $0.215 0.095 (79.17%)+
Announcement
Release
20 Jul 2026 8:25AM
Price at Release
$0.120
Full Release
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Summary
Mount Hope Mining Limited (ASX: MHM) announced the awarding of a drill contract for the Phase 3 program at the Mt Solitary project in New South Wales. The program, set to commence in mid-August and last six weeks, involves up to 3,000 metres of Reverse Circulation drilling aimed at the southern and western extensions of the Mt Solitary gold prospect, with the goal of expanding the known gold system and achieving a maiden JORC Resource by year-end. Site preparations, including drill pad construction and access, are underway, focusing on high-grade drill intercepts from previous explorations.
Key Points
  • Mount Hope Mining Limited awarded the drill contract for Mt Solitary Phase 3 program.
  • The program is scheduled to start in mid-August and last for approximately six weeks.
  • The drilling will cover up to 3,000 metres of Reverse Circulation (RC) targeting southern & western extensions of the Mt Solitary gold prospect.
  • Objective is to expand the known gold system and support a maiden JORC Resource by the end of the year.
  • Site preparation is already underway for drill pad construction and access preparation.
  • Notable previous high-grade drill intercepts are being targeted for follow-up.
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.