InvestSMART

Mantle Minerals Limited (ASX:MTL)

ALERT: Price-sensitive ASX Announcement for MTL
Current share price for MTL : $0.001 0 (0%)+
Announcement
Release
25 Mar 2026 8:19AM
Price at Release
$0.001
Full Release
download
Summary
Mantle Minerals Limited has completed high-resolution gravity and passive seismic surveys at the Yule River Project, refining the bedrock architecture under transported cover and identifying multiple discrete gravity anomalies. This has led to the identification of nine priority drill targets (YRG1–YRG9) that span VHMS, orogenic gold, and magmatic Ni-Cu-PGE mineralisation styles. Discussions are ongoing with Native Title parties for drilling access. The company is planning a Phase 1 drilling program, targeting several high-priority anomalies with drilling expected to begin in Q2 2026. The Yule River Project, located near Port Hedland, is considered highly prospective for various types of mineralisation due to its complex structural setting analogous to regions hosting significant deposits.
Key Points
  • High-resolution gravity and passive seismic surveys completed.
  • Identified multiple discrete gravity anomalies.
  • Nine priority drill targets identified (YRG1–YRG9).
  • Targeting VHMS, orogenic gold, and magmatic Ni-Cu-PGE mineralisation.
  • Phase 1 drilling program planned for Q2 2026.
  • Ongoing discussions with Native Title parties for drilling access.
  • Yule River Project is highly prospective due to its complex geological setting.
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.