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Talonx Resources Limited (ASX:TXR)

ALERT: Price-sensitive ASX Announcement for TXR
Current share price for TXR : $0.005 -0.003 (-37.50%)+
Announcement
Release
4 Jun 2026 9:20AM
Price at Release
$0.008
Full Release
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Summary
Talonx Resources Limited has announced the results from their reverse circulation (RC) drilling programs at the Viking Gold Project. The program focused on the Beaker 2 and Beaker 4 Prospects, where a shallow oxide gold zone at Beaker 2 has been defined over an area of approximately 400m by 300m. All ten RC holes at Beaker 2 returned significant gold mineralisation, with a standout intercept of 8m at 11.02 g/t Au from 32m, indicating a robust resource potential. The zone at Beaker 2 remains open in several directions, suggesting further expansion potential. The drilling effort at Beaker 4 also yielded promising results. Talonx plans additional drilling to further explore the identified mineralisation, especially the high-grade quartz-vein-hosted mineralisation at depth.
Key Points
  • RC drilling program completed at Beaker 2 and Beaker 4 Prospects.
  • Shallow oxide gold zone defined over approximately 400m by 300m at Beaker 2.
  • High-grade intercepts include 8m @ 11.02 g/t Au from 32m at Beaker 2.
  • Mineralisation remains open to the west, north, and south at Beaker 2.
  • High-grade quartz-vein-hosted mineralisation identified.
  • Follow-up drilling planned to test mineralisation depth at Beaker 2.
  • Viking Project located 30km southeast of Norseman in the Dundas Nature Reserve.
  • Beaker 4 Prospect drilling includes significant gold intercepts.
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.