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Triton Minerals Ltd (ASX:TON)

ALERT: Price-sensitive ASX Announcement for TON
Current share price for TON : $0.002 -0.006 (-75%)+
Announcement
Release
19 Dec 2025 7:14PM
Price at Release
$0.008
Full Release
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Summary
Triton Minerals Ltd provided a December 2025 market update covering their Aucu Gold-Copper Project and a 70% Graphite Asset Sale. The drilling program at the Aucu Project, which commenced in November 2025, has encountered delays but yielded promising geological findings, reinforcing their exploration model. COO Adrian Costello is actively involved on-site to stabilize operations. The company is also progressing with the pending legal aspects of the Graphite Asset Sale, with proceedings scheduled for February 2026.
Key Points
  • Triton Minerals Ltd provided an update on the Aucu Gold-Copper Project and 70% Graphite Asset Sale.
  • The Aucu Project's maiden drilling program began in November 2025 and is ongoing with encouraging geological observations.
  • The project has faced delays due to technical issues and challenging ground conditions, but 1,094 meters have been drilled across 25 targets.
  • Geological features such as quartz veining, sulphide mineralization, and copper oxides have been identified.
  • Adrian Costello, Triton's COO, is on-site in Mozambique to improve operational productivity and support continuous operations.
  • Next steps for the Aucu Project include demobilizing field personnel, continuing geological logging, and submitting samples for assay.
  • The 70% Graphite Asset Sale involves a Deed of Settlement and Variation with NQM, with legal proceedings rescheduled to February 2026.
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.