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Strata Minerals Limited (ASX:SMX)

ALERT: Price-sensitive ASX Announcement for SMX
Current share price for SMX : $0.018 -0.006 (-25%)+
Announcement
Release
12 Feb 2026 9:49AM
Price at Release
$0.024
Full Release
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Summary
Strata Minerals Limited has commenced fieldwork at the Zelica South Project, which includes geological mapping and rock chip sampling along a gold trend over 6 km, part of an 8 km total gold trend in the region. Historical exploration has already indicated promising gold mineralization, but the area remains underexplored. The company has also acquired the tenement P39/6171 to consolidate its position in the region. Upcoming activities include follow-up drilling in March 2026 to build upon recent high-grade gold results from initial drilling. The fieldwork aims to validate and expand on previous geological and geochemical findings, and to identify high-priority targets for further exploration.
Key Points
  • Fieldwork at Zelica South includes geological mapping and rock chip sampling.
  • The project covers a 6 km gold trend, part of an 8 km corridor.
  • Historical exploration indicated promising gold mineralization.
  • Area remains underexplored despite potential for significant discoveries.
  • Strata Minerals acquired tenement P39/6171 to consolidate the region.
  • Upcoming drilling in March 2026 following promising maiden drill results.
  • Fieldwork aims to validate previous geological data and identify new 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.