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Solara Minerals Limited (ASX:SLA)

ALERT: Price-sensitive ASX Announcement for SLA
Current share price for SLA : $0.071 -0.054 (-43.20%)+
Announcement
Release
27 Apr 2026 8:17AM
Price at Release
$0.125
Full Release
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Summary
Solara Minerals Limited announced the results from their Wilgeena and Degrussa West projects. At Wilgeena, Ultrafine soil sampling indicated strong gold anomalism, particularly in the eastern part of the tenement, warranting further exploration. The Degrussa West project involved RC drilling to test gold-copper targets, which highlighted the presence of a strongly carbonate-altered mafic intrusive unit near a deep geophysical anomaly, showing encouraging prospects. Five out of eleven planned holes were drilled with plans to extend this drilling once priority targets at Wilgeena are addressed.
Key Points
  • Ultrafine soil sampling at Wilgeena shows strong gold anomalism.
  • Anomalous gold results up to 39.3ppb Au at Wilgeena.
  • Wilgeena's eastern zone is a high priority for drilling.
  • RC drilling at Degrussa West tested gold-copper targets.
  • Five holes completed at Degrussa West for a total of 1,032m.
  • Carbonate-altered mafic intrusive unit found near anomaly at Degrussa West.
  • Degrussa West drilling highlighted copper and nickel values.
  • Plans to extend drilling at Degrussa West after Wilgeena targets tested.
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.