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Unity Metals Limited (ASX:UM1)

ALERT: Price-sensitive ASX Announcement for UM1
Current share price for UM1 : $0.130 0.038 (41.30%)+
Release
19 Jun 2026 8:56AM
Price at Release
$0.092
Full Release
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Summary
Unity Metals Limited announced the completion of its maiden diamond drilling program at the Ngot Gold Project in Cambodia, resulting in significant findings at the Rohav Mountain Prospect. The drilling revealed that gold mineralisation at Rohav Mountain is associated with sheeted and stockwork quartz-sulphide veins hosted within or adjacent to a highly altered diorite intrusion. The mineralisation appears to be strengthening as it extends northeast under basalt cover. Notably, a new intersection of 5 meters at 1.8 g/t gold from 196 meters was found, complementing previous findings of 23 meters at 0.9 g/t gold from 120 meters. Geophysical surveys are currently underway to identify new drilling targets. Additionally, mapping has uncovered new areas with stockwork veins in diorite, and the diorite intrusion is interpreted to be thickening under basalt. The Ngot NE Prospect also shows potential, with a substantial gold-in-soil anomaly and accompanying arsenic-in-soil anomaly. Although some assay results are still pending, these findings mark a significant advancement for Unity Metals in understanding the mineralisation patterns at Rohav Mountain.
Key Points
  • Maiden diamond drilling at Ngot Gold Project completed.
  • Gold mineralisation at Rohav Mountain strengthening northeast under basalt.
  • Significant drill intersection: 5 m at 1.8 g/t gold from 196 m.
  • Geophysical surveys underway to locate new drilling targets.
  • Diorite intrusion thickening under basalt.
  • Ngot NE Prospect has substantial gold and arsenic-in-soil anomalies.
  • Further assay results are pending.
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.