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Taiton Resources Limited (ASX:T88)

ALERT: Price-sensitive ASX Announcement for T88
Current share price for T88 : $0.037 -0.113 (-75.33%)+
Announcement
Release
12 Feb 2026 9:23AM
Price at Release
$0.150
Full Release
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Summary
Taiton Resources Limited has conducted a shallow regolith RC drilling program to explore surface geochemical anomalism at their Challenger West project, which targets gold mineralisation similar to the Challenger deposit. Preliminary results show pathfinder element anomalism and mineral alteration indicative of potential gold mineralisation. Future exploration will involve surface geochemical sampling in areas with historically elevated gold in calcrete results. Additionally, Taiton has engaged a drilling contractor to explore the Yogi prospect in the Gawler Craton, which presents potential for Iron-Oxide-Copper-Gold (IOCG) style or Carbonatite Hosted REE mineralisation, marked by a significant gravity anomaly.
Key Points
  • Taiton Resources Limited conducted a shallow regolith RC drilling program to test surface geochemical anomalism.
  • Pathfinder element anomalism and mineral alteration indicate a favorable geological setting for potential gold mineralisation.
  • Future exploration plans include staged surface geochemical sampling focusing on areas with historical elevated gold in calcrete results.
  • The Challenger West project targets gold mineralisation similar to the Challenger deposit.
  • Taiton has appointed a drilling contractor for the Yogi prospect to test a 6 mGal gravity anomaly.
  • The Yogi prospect is located in the Gawler Craton and shows potential for Iron-Oxide-Copper-Gold (IOCG) style or Carbonatite Hosted REE mineralisation.
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.