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Palisade Metals Ltd (ASX:PM1)
ALERT: Price-sensitive ASX Announcement for PM1
Current share price for PM1 : $0.057 0.007 (14%)+
Release
25 Aug 2026 8:41AM
Price at Release
$0.050
Full Release
Summary
Palisade Metals Ltd has expanded its Finley Basin Tungsten Project in Montana, USA, from 372 to over 696 hectares through strategic staking of additional mineral claims. The expansion is based on historical exploration data and current geological mapping, allowing the company greater control over the prospective geology in the tungsten district. The maiden drilling program, scheduled for Q3 2026, aims to validate and expand historically identified tungsten mineralisation. The company is also exploring additional opportunities in North America to enhance its critical minerals portfolio.
Key Points
- Finley Basin landholding increased by 87% to over 696 hectares.
- Maiden drilling program scheduled for Q3 2026.
- Expansion based on strategic low-cost staking and historical data.
- Palisade Metals progressing with exploration in North America.
- Project located in historically prospective tungsten district of Montana.
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.
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