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Strata Minerals Limited (ASX:SMX)

ALERT: Price-sensitive ASX Announcement for SMX
Current share price for SMX : $0.017 -0.009 (-34.62%)+
Announcement
Release
29 Jan 2026 9:42AM
Price at Release
$0.026
Full Release
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Summary
Strata Minerals Limited has reported impressive results from their maiden drilling program at the Zelica Gold Project, located in Western Australia's Laverton Province. The program achieved significant gold intersections in 22 out of 23 holes, confirming the potential of the Zelica asset. The gold mineralisation extends over a 1km strike length and remains open at depth and along strike. The project is strategically positioned in a highly endowed gold district with access to infrastructure and processing mills. Strata Minerals plans to conduct further drilling in late February 2026 to develop an initial Mineral Resource Estimate and explore near-term mining opportunities.
Key Points
  • Strata Minerals Limited announced results from their maiden drilling program at Zelica.
  • 22 out of 23 holes returned significant gold intersections.
  • Gold mineralisation is extensive over 1km and open at depth and along strike.
  • Zelica project extends the gold corridor strike to over 8km.
  • A Mineral Resource Estimate is planned with follow-up drilling scheduled for February 2026.
  • Drilling identified potential for parallel shear zones and stacked lodes.
  • Zelica is located in a tier-1 gold district with nearby processing facilities.
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.