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Talonx Resources Limited (ASX:TXR)

ALERT: Price-sensitive ASX Announcement for TXR
Current share price for TXR : $0.007 0.002 (40%)+
Announcement
Release
29 Jul 2026 8:20AM
Price at Release
$0.005
Full Release
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Summary
Talonx Resources Limited has reported significant high-grade gold results from the Viking Gold Project, specifically at the Beaker 2 Prospect. The standout result from drillhole 26VKRC010 shows an intercept of 4 meters at 22.1g/t gold from 31 meters, including 2 meters at 42.4g/t gold from 32 meters. These results suggest potential for very high-grade gold shoots within a broader shallow oxide gold system, with mineralisation remaining open in multiple directions. The project encompasses a 400m by 300m shallow oxide gold zone which is open to the west and along strike to the north and south. Talonx plans to conduct further drilling to assess resource potential and enhance geological understanding of the area.
Key Points
  • Significant gold intercept of 4m @ 22.1g/t Au, including 2m @ 42.4g/t Au.
  • Talonx Resources Limited is conducting follow-up drilling at Beaker 2.
  • The Viking Project is located 30km southeast of Norseman.
  • Beaker 2 prospect contains a shallow, high-grade supergene gold zone.
  • The mineralisation is associated with quartz veining in granite host rocks.
  • The mineralised zone remains open for expansion to the west, north, and south.
  • The next drilling phase will target mineralisation continuity and depth extensions.
  • Talonx aims to evaluate the resource potential of the Beaker 2 prospect.
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.