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Midas Minerals Ltd (ASX:MM1)

ALERT: Price-sensitive ASX Announcement for MM1
Current share price for MM1 : $1.000 0.1 (11.11%)+
Announcement
Release
15 Jun 2026 9:03AM
Price at Release
$0.900
Full Release
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Summary
Midas Minerals Ltd has reported new high-grade copper and silver results from infill drilling at the T-13 Copper-Silver Deposit in Namibia as part of their Otavi Copper Project. This ongoing effort has returned significant copper equivalent intercepts from newly reported and previously drilled holes. The infill drilling at T-13 is helping to further define the geometry and continuity of high-grade zones, which extend over 1.4 kilometers. In addition to activity at T-13, Midas is advancing resource drilling at the Deblin Copper-Gold-Silver Deposit and exploring other regional prospects. The company is employing multiple drill rigs across its projects to capitalize on the region's mineral potential.
Key Points
  • Midas Minerals Ltd announced strong copper and silver results from infill drilling at T-13 Copper-Silver Deposit.
  • Drill holes T13DD015 and TD13DD019 provided significant copper equivalent (CuEq) intercepts.
  • Infill drilling continues to define the high-grade zones within the 1.4km T-13 Deposit.
  • Resource drilling is progressing at Deblin Copper-Gold-Silver Deposit with ongoing exploration at Spaatzu.
  • Midas is preparing to test additional regional prospects with RC drilling at the Otavi Project.
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.