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MinRex Resources Limited (ASX:MRR)

ALERT: Price-sensitive ASX Announcement for MRR
Current share price for MRR : $0.013 -0.003 (-18.75%)+
Announcement
Release
26 Aug 2026 9:27AM
Price at Release
$0.016
Full Release
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Summary
Minrex Resources Limited announced the results from their 2026 infill drilling program at the Barje deposit of the Tlamino Gold-Silver Project, revealing high-grade gold intercepts from surface. The drilling aims to demonstrate the potential for an open-pit, high-margin mining operation, with significant intercepts supporting the resource model. The program has been expanded to 9,000 metres, with ongoing assays anticipated to further define the deposit's economic potential. The project is positioned to take advantage of shallow mineralisation, which could lead to efficient mining operations.
Key Points
  • Minrex Resources Limited's maiden assays from the 2026 infill program at the Tlamino Gold-Silver Project report high-grade gold intercepts near the surface.
  • Significant drill intercepts from the Barje deposit indicate shallow, high-grade mineralisation with potential for open-pit development.
  • The drilling results include notable holes: BAR040 with 34.75m of significant intercepts and BAR034 with 12.85m of significant intercepts, among others.
  • The mineralisation is consistent with the geological model, supporting the deposit's potential as a low-strip-ratio, high-margin operation.
  • The current drilling program at Barje has been expanded to approximately 9,000 metres, with assays for several holes pending.
  • The resource is described as a high-grade breccia core overlaid by moderate-grade schist, highlighting the deposit's economic viability.
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.