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Taruga Minerals Limited (ASX:TAR)

ALERT: Price-sensitive ASX Announcement for TAR
Current share price for TAR : $0.025 0.002 (8.70%)+
Announcement
Release
6 Jul 2026 9:02AM
Price at Release
$0.023
Full Release
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Summary
Taruga Minerals Limited announced new assay results from its Gwamogwamo gold-copper prospect, part of the East Normanby Gold Project in Papua New Guinea. These results validate the high-grade mineralization previously identified with samples showing up to 6.9 g/t gold and 8.0% copper. A significant extension beyond the initially identified 1.5km mineralized trend was also reported, including a new target identified 900m north of the existing trench network. The company's field team is focusing on further exploration efforts to define targets for the upcoming 2026/27 exploration campaign.
Key Points
  • New rock chip sampling confirmed high-grade gold-copper mineralization.
  • Sample 702611 showed 8.0% Cu and 0.8 g/t Au.
  • A new target was identified 900m north of known trenches.
  • Field team is preparing for 2026/27 exploration campaign.
  • Results reinforce historical data, confirming a high-grade system.
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.