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Raptor Metals Ltd (ASX:RAP)

ALERT: Price-sensitive ASX Announcement for RAP
Current share price for RAP : $0.038 -0.004 (-9.52%)+
Announcement
Release
22 Jun 2026 9:18AM
Price at Release
$0.042
Full Release
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Summary
Raptor Metals Ltd announced significant assay results from eight diamond drill holes at the Chester Copper Project in New Brunswick, Canada. The drilling program, consisting of 19 holes totaling 2,126 meters, confirmed high-grade copper and polymetallic intercepts across both the Central and East Zones, strengthening the interpretation of Chester as a large-scale, stacked copper-rich VMS system. This included extending the VMS horizon strike to over 2.5km and identifying elevated levels of zinc, lead, cobalt, and silver associated with base metal and massive sulphide horizons. The program focuses on validating historical drilling, understanding mineralization relationships, and exploring future resource growth opportunities. Metallurgical testing is currently being conducted on samples from the site.
Key Points
  • Raptor Metals Ltd reported assay results from eight diamond drill holes at the Chester Copper Project.
  • The drilling program at Chester included 19 holes totaling 2,126 meters.
  • Significant high-grade copper and polymetallic intercepts were found in both the Central Zone and East Zone.
  • The results validated Chester as a large-scale, stacked copper-rich VMS system.
  • High-grade mineralization extended the VMS horizon strike to over 2.5km.
  • Elevated zinc, lead, cobalt, and silver values were associated with base metal and massive sulphide mineralization.
  • Metallurgical test work is underway using materials from three PQ diamond drill holes.
  • The drilling program aims to validate historical drilling and assess potential mineralization beyond the current resource estimate.
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.