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NewPeak Metals Limited (ASX:NPM)

ALERT: Price-sensitive ASX Announcement for NPM
Current share price for NPM : $0.015 0 (0%)+
Announcement
Release
28 May 2026 8:31AM
Price at Release
$0.015
Full Release
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Summary
NewPeak Metals Limited announced successful drilling results from its Tansey Gold Project, revealing an extension of the gold system beyond the historic South Burnett Mine. The drilling intercepted significant gold mineralization and identified a new potential parallel structure. These findings will be integrated with historical data to target further exploration. While additional drilling at Tansey is planned, it will commence after the current exploration program in Argentina concludes.
Key Points
  • NewPeak Metals Limited (NPM) has completed its first drill program at the Tansey Gold Project in Queensland, Australia.
  • The drilling demonstrated that the gold system extends beyond the historic South Burnett underground mine.
  • Four diamond drill holes totaling 1,179 meters were completed, revealing significant gold intercepts.
  • The drill results indicated potential extensions of mineralization both laterally and at depth.
  • A new parallel structure was identified with potential for higher grades at depth in an unoxidized zone.
  • NewPeak plans to integrate these findings with historical data to identify further exploration targets.
  • The company intends to continue its exploration strategy in both Tansey and Las Opeñas, Argentina.
  • Future drilling plans at Tansey are on hold until current activities at Las Opeñas are concluded.
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.