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Mount Burgess Mining NL (ASX:MTB)

ALERT: Price-sensitive ASX Announcement for MTB
Current share price for MTB : $0.015 0.002 (15.38%)+
Announcement
Release
3 Dec 2025 8:22AM
Price at Release
$0.013
Full Release
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Summary
Mount Burgess Mining NL (ASX: MTB) has commenced reverse circulation (RC) drilling at the Viking Gold Project, located 30km southeast of Norseman in Western Australia. The project was acquired from Metal Hawk Limited and Falcon Metals Limited, now major shareholders in Mount Burgess. The initial drilling campaign targets the Beaker 2 prospect, a high-priority site with significant historical high-grade gold intersections. This effort aims to evaluate the resource potential of the high-grade, shallow oxide gold zone at Beaker 2. The project is part of Mount Burgess' broader strategy under its new name, Talonx Resources Limited, to unlock near-term value from the Viking Project.
Key Points
  • RC drilling has commenced at the Viking Gold Project.
  • The Viking Project is located 30km southeast of Norseman, WA.
  • Acquired from Metal Hawk Limited and Falcon Metals Limited.
  • Initial drilling focuses on the Beaker 2 prospect.
  • Beaker 2 has significant high-grade shallow gold intersections.
  • Project part of strategy under new name, Talonx Resources Limited.
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.