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Piche Resources Limited (ASX:PR2)

ALERT: Price-sensitive ASX Announcement for PR2
Current share price for PR2 : $0.022 -0.003 (-12%)+
Announcement
Release
28 Jul 2026 11:21AM
Price at Release
$0.025
Full Release
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Summary
Piche Resources Limited completed RC drilling at the Cerro Chacón Gold Project during the June 2026 Quarter, targeting the Chacón Grid, La Javiela, and Toro Hosco prospects. The drilling program included 53 RC holes totaling 5,911 meters. No significant gold results were returned from the Chacón Grid, but low-sulphidation epithermal gold-silver mineralization was confirmed at Toro Hosco. Exploration expenditures in Argentina for the quarter were A$300,000, with payments of A$122,000 made for Director fees and salaries. The company also conducted a strategic review of the Ashburton project, revealing potential for high-grade rare earth mineralization.
Key Points
  • RC drilling was completed at the Cerro Chacón Gold Project during the June 2026 Quarter.
  • 53 RC holes were drilled totaling 5,911 meters.
  • The Chacón Grid, La Javiela, and Toro Hosco prospects were targeted.
  • No substantive mining production and development activities undertaken during the quarter.
  • Payments of A$122,000 were made to related parties for Director fees and salaries.
  • Exploration expenditures in Argentina totaled A$300,000 for the quarter.
  • Results from Toro Hosco confirmed a low-sulphidation epithermal gold-silver system.
  • Strategic review of the Ashburton project revealed high-grade rare earth mineralization potential.
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.