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Skylark Minerals Limited (ASX:SKM)

ALERT: Price-sensitive ASX Announcement for SKM
Current share price for SKM : $0.270 0 (0%)+
Announcement
Release
29 Jul 2026 9:34AM
Price at Release
$0.270
Full Release
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Summary
Skylark Minerals Limited's quarterly activities report for the period ending 30 June 2026 highlighted significant drilling progress and strategic acquisitions. The company completed Phase 1 reverse circulation (RC) drilling at the M’Basso Prospect within the Zaranou Gold Project in Côte d’Ivoire, confirming two coherent zones of mineralisation and extending the strike length to approximately 750 meters. Notable results included multiple broad gold intersections with high-grade zones. Phase 2 step-out drilling commenced to explore further extensions. Additionally, Skylark completed initial metallurgical testing with high gold extraction rates and exercised an option to acquire a 100% interest in the Vavoua Gold Project. Cash reserves were reported at A$4.85 million as of 30 June 2026.
Key Points
  • Completed Phase 1 RC drilling at M’Basso with 38 holes and 6,667 meters drilled.
  • Confirmed two mineralised zones and extended strike to 750m.
  • Phase 2 step-out drilling initiated, with pending assay results.
  • High gold extraction rates in metallurgical tests, averaging 95%.
  • Acquired 100% interest in the Vavoua Gold Project.
  • Cash reserves of A$4.85 million as of 30 June 2026.
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.