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Strata Minerals Limited (ASX:SMX)

ALERT: Price-sensitive ASX Announcement for SMX
Current share price for SMX : $0.017 0 (0%)+
Announcement
Release
3 Jun 2026 9:50AM
Price at Release
$0.017
Full Release
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Summary
Strata Minerals Limited, trading as SMX, has reported significant results from their Phase 2 drilling program at the Zelica Gold Project in Western Australia's Eastern Goldfields. The program successfully confirmed a high-grade gold system, with mineralization remaining open in multiple directions. This phase involved 17 reverse circulation holes over 2,209 meters, aimed at expanding the known mineralization footprint. Key findings included high-grade gold intercepts, consistent mineralization above cut-off grades, and potential for further district-scale gold discoveries. The Zelica site is developing into a multi-lode system, with less than 15% of the 9.5 km corridor systematically tested so far. Future exploration efforts will focus on further delineation of mineralization and testing of underexplored areas, supported by high-resolution geophysical surveys and additional drilling.
Key Points
  • Phase 2 drilling comprised 17 holes for 2,209 meters.
  • High-grade gold system confirmed at Zelica.
  • Zelica is potentially a multi-lode system with district-scale potential.
  • Less than 15% of the 9.5 km gold corridor has been tested.
  • Future exploration includes systematic RC and AC drilling and high-resolution geophysical surveys.
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.