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Unity Metals Limited (ASX:UM1)

ALERT: Price-sensitive ASX Announcement for UM1
Current share price for UM1 : $0.105 -0.03 (-22.22%)+
Announcement
Release
14 May 2026 8:48AM
Price at Release
$0.135
Full Release
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Summary
Unity Metals Limited announced significant gold mineralisation discoveries at two additional prospect areas within the Ngot Gold Project in Cambodia. The drilling results revealed substantial gold intersections at both the Ngot NE and Srolao Prospects. At Ngot NE, the first drill hole intersected 6 meters of gold at 1.8 g/t, including 2 meters at 4.3 g/t. This discovery is part of a 2 km long gold-in-soil anomaly linked to the largest arsenic-in-soil anomaly in the region. Assays are expected for further drill holes, and additional drilling is planned to explore these anomalies. At the Srolao Prospect, assays reported 9.9 meters at 1.9 g/t gold and 5.8 meters at 1.1 g/t gold in different drill holes. These findings enhance the potential for further mineralisation exploration and continue to build upon Unity's significant presence in the region.
Key Points
  • Gold mineralisation discovered at Ngot NE and Srolao Prospects.
  • Ngot NE's first drill hole intersected 6m at 1.8 g/t gold.
  • Srolao Prospect reported intersections of 9.9m at 1.9 g/t and 5.8m at 1.1 g/t gold.
  • The drilling program at Ngot Gold Project is approximately 92% complete.
  • Further assay results are pending and additional drilling is planned.
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.