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Somerset Minerals Limited (ASX:SMM)

ALERT: Price-sensitive ASX Announcement for SMM
Current share price for SMM : $0.007 -0.005 (-41.67%)+
Announcement
Release
2 Jun 2026 8:21AM
Price at Release
$0.012
Full Release
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Summary
Somerset Minerals Limited has announced significant drill results from its 2026 diamond drilling campaign at the Jura project, with high-grade copper intercepts including up to 9.26% Cu. The drilling campaign aims to extend the mineralized system at depth and along strike. Key results include 5.2 meters at 2.23% Cu with a peak of 0.9 meters at 9.26% Cu in hole JUDD001, and 31.1 meters at 0.38% Cu in hole JUDD002. These results confirm the presence of structurally controlled high-grade mineralization and extend the known Jura mineralized system beyond previous shallow intercepts. The broader Jura district is emerging as a major exploration area with significant growth potential, underlined by further planned exploration at regional targets such as Skye and Nor.
Key Points
  • Drilling intercepts up to 9.26% Cu at Jura project.
  • Significant extension of the mineralized system at Jura.
  • Key drill results: JUDD001 and JUDD002.
  • Jura district emerging as a major exploration area.
  • Further exploration potential at Skye and Nor targets.
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.