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S2 Resources Limited (ASX:S2R)

ALERT: Price-sensitive ASX Announcement for S2R
Current share price for S2R : $0.067 0.009 (15.52%)+
Announcement
Release
12 May 2026 8:23AM
Price at Release
$0.058
Full Release
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Summary
S2 Resources Limited has identified significant gold and multielement anomalies through soil sampling at the Yeungroon project in Victoria, Australia. These anomalies, identified through grid-based soil sampling, include both gold-only and gold with various elements such as arsenic and bismuth, suggesting potential intrusion-related gold mineralisation. The anomalies are located on the projected northern strike extension of the historic Wedderburn gold field and align with the Avoca Fault, a major structural feature. S2 Resources plans to negotiate for land access to conduct further systematic sampling and is working towards earning an 80% interest in the Yeungroon project from Valkea Resources.
Key Points
  • S2 Resources Limited confirmed strong gold and multielement anomalies at Yeungroon.
  • The anomalies include both gold-only and gold with arsenic, bismuth, copper, silver, molybdenum, lead, and tellurium.
  • These findings suggest potential for intrusion-related magmatic hydrothermal gold mineralisation.
  • Anomalies align with the northern extension of the Wedderburn gold field on the Avoca Fault.
  • Further land access negotiations are planned to continue exploration.
  • S2 Resources is earning an 80% interest in the Yeungroon project from Valkea Resources.
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.