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Somerset Minerals Limited (ASX:SMM)

ALERT: Price-sensitive ASX Announcement for SMM
Current share price for SMM : $0.008 -0.008 (-48.39%)+
Announcement
Release
31 Oct 2025 5:31PM
Price at Release
$0.016
Full Release
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Summary
Somerset Minerals Limited reported on its continued exploration activities at the Coppermine Project, focusing on significant copper mineralisation findings from its Phase Two drilling operations. Drill holes JURC005 and JURC006 showed substantial copper intercepts, while additional drilling at Jura Prospect confirmed multiple zones of visible mineralisation. A ground-based geophysical survey identified strong resistivity, indicative of potential high-grade zones. The company is awaiting assay results for several new drill holes and remains committed to further exploration and evaluation to enhance resource understanding.
Key Points
  • Somerset Minerals Limited conducted Phase Two exploration at the Coppermine Project.
  • Significant copper intercepts were reported from drill holes JURC005 and JURC006.
  • The company completed ground-based geophysical surveys confirming strong resistivity in the Jura Prospect.
  • Visual mineralisation was noted in several new drill holes with assays pending.
  • The company is progressing with further evaluations and exploration activities.
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.