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Union Star Metals Ltd (ASX:USM)
ALERT: Price-sensitive ASX Announcement for USM
Current share price for USM : $0.010 -0.001 (-9.09%)+
Release
2 Jun 2026 8:23AM
Price at Release
$0.011
Full Release
Summary
Union Star Metals Ltd (USM) has announced the identification of a large concealed gold target at the Cobb Creek project in Nevada, USA. The Central Concealed Target features a prominent gravity low associated with a donut-shaped thallium anomaly and historical gold and silver occurrences. The shallow volcanic cover may have obscured the broader mineralized system from historical exploration. The company plans to initiate drilling in September 2026 after conducting further geophysical surveys and securing the necessary permits. The Cobb Creek project is situated within the Independence Trend, a region known for significant gold production.
Key Points
- Large concealed gold target identified at Cobb Creek.
- Target defined by gravity low and thallium anomaly.
- Shallow volcanic cover may have masked mineralization.
- Drilling planned for September 2026.
- Located within Nevada's Independence Trend.
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.
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