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Taiton Resources Limited (ASX:T88)

ALERT: Price-sensitive ASX Announcement for T88
Current share price for T88 : $0.035 -0.028 (-44.44%)+
Announcement
Release
12 Aug 2025 8:22AM
Price at Release
$0.063
Full Release
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Summary
Taiton Resources Limited (ASX: T88) has announced results from a geochemical soil survey at their Lake Barlee Project in Western Australia. The survey revealed a peak gold (Au) value of 210 parts per billion (ppb) in soils within a zone coincident with a magnetic anomaly, supporting the presence of an Iron Oxide Copper Gold (IOCG) or carbonatite-hosted Rare Earth Element (REE) system. The results show an extensive gold and pathfinder element anomaly covering over 6 kilometres, which remains open in several directions. The company interprets this as a significant indication of mineralising processes, particularly due to the elevated levels of gold, copper, and other related elements. Follow-up work, including infill soil sampling and ground geophysics, is planned to refine drill targets. These findings validate the company's exploration model that the Lake Barlee Project may host both IOCG and carbonatite-style REE mineralisation.
Key Points
  • Taiton Resources Limited completed a soil geochemistry survey at the Lake Barlee Project.
  • The highest gold value recorded was 210 ppb in soils.
  • Gold anomaly coincides with a magnetic feature, indicating possible IOCG or carbonatite-hosted REE mineralisation.
  • The gold and pathfinder element anomaly extends for over 6 km and remains open.
  • Supporting elements include elevated copper and other geochemical pathfinders.
  • The results support the company's exploration model for IOCG/carbonatite systems.
  • Planned follow-up includes infill soil sampling and ground geophysics to define drill targets.
  • The project is located in Western Australia.
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.