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Maritana Minerals Limited (ASX:MRT)

ALERT: Price-sensitive ASX Announcement for MRT
Current share price for MRT : $0.685 -0.01 (-1.44%)+
Announcement
Release
7 Aug 2026 8:21AM
Price at Release
$0.695
Full Release
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Summary
Maritana Minerals Limited has commenced a 4,000 metre aircore drilling program at the Wilsons Gold Prospect, located near the Black Swan Processing Hub in the Eastern Goldfields of Western Australia. The program aims to explore beneath a significant gold-in-soil anomaly identified in 2024, which spans an area of approximately 2.5km by 1.5km. This marks the first major gold-focused drilling in an area traditionally explored for nickel. The proximity to existing processing infrastructure enhances the prospect's potential value. Results from this drilling are expected by late September to early October 2026, and future drilling programs are planned to further investigate the gold potential north of the current site.
Key Points
  • 4,000 metre aircore drilling program initiated.
  • Prospect located 400m from Black Swan Processing Hub.
  • First major program targeting gold in the area.
  • Gold anomaly defined over 2.5km x 1.5km area.
  • Drilling results expected in late September/early October 2026.
  • Historical exploration focused on nickel, limited gold assays.
  • Program aims to test bedrock geology and regolith profile.
  • Potential for future source of feed for Black Swan.
  • Follow-up drilling planned for northern extension of the prospect.
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.