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MinRex Resources Limited (ASX:MRR)

ALERT: Price-sensitive ASX Announcement for MRR
Current share price for MRR : $0.016 0.001 (3.33%)+
Announcement
Release
2 Jun 2026 8:21AM
Price at Release
$0.015
Full Release
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Summary
Minrex Resources Limited has commenced a fully funded 7,000-meter drilling program at the Barje Deposit in the Tlamino Gold Project, located in southern Serbia. This marks the first drilling activity at Barje since 2018–2019, previously conducted by Medgold Resources Corp. The current campaign aims to convert Inferred Mineral Resources to the Indicated category and is designed to test mineralization extensions and the Barje–Liska corridor. Initial assay results are expected in the September quarter, with an updated Mineral Resource Estimate and scoping study anticipated by year-end.
Key Points
  • Minrex starts 2026 drilling program at Barje Deposit.
  • Drilling led by Drillex International as part of the Tlamino Gold Project.
  • Significant past intercepts include high-grade gold and silver values.
  • Program aims to convert Inferred to Indicated Mineral Resources.
  • Focus on infill drilling and testing extensions of mineralization.
  • Expected initial assay results in September quarter of 2026.
  • Updated Mineral Resource Estimate and scoping study are planned.
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.