InvestSMART

Neometals Limited (ASX:NMT)

ALERT: Price-sensitive ASX Announcement for NMT
Current share price for NMT : $0.021 0 (0%)+
Announcement
Release
17 Jul 2026 8:21AM
Price at Release
$0.021
Full Release
download
Summary
Neometals Ltd has announced the resumption of exploration drilling at its 100% owned Barrambie Project, located in Western Australia. The drilling will target the Rinaldi copper target and the Ironclad gold deposit. The Rinaldi copper target is adjacent to Solstice Minerals' Nanadie Copper Project and features high-grade copper mineralization. The Ironclad gold deposit has an Indicated and Inferred Mineral Resource Estimate and potential for commercial gold production. Neometals is working with BML Ventures Pty Ltd to progress towards open-pit mining at Ironclad. The exploration program includes reverse circulation drilling to test the geophysical anomaly at Rinaldi and to explore the depth extensions of the Ironclad deposit.
Key Points
  • Exploration drilling resumes at Barrambie Project.
  • Targets include Rinaldi copper and Ironclad gold deposits.
  • Rinaldi copper target located near Solstice Minerals' Nanadie Project.
  • Ironclad deposit has potential for commercial gold production.
  • Partnership with BML Ventures for Ironclad development.
  • Drilling includes reverse circulation method.
  • Aim to explore high-grade copper and gold mineralization.
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.