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Uvre Limited (ASX:UVA)

ALERT: Price-sensitive ASX Announcement for UVA
Current share price for UVA : $0.180 -0.01 (-5.26%)+
Announcement
Release
19 Nov 2025 9:58AM
Price at Release
$0.190
Full Release
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Summary
Uvre Limited has secured the prospecting permit for the Invincible Gold Project located in the Otago Goldfields on New Zealand’s South Island. This project covers the historic Invincible gold mine and the Glenorchy tungsten mines. Historically, the Invincible gold mine produced gold-rich veins with an average grade of approximately 30g/t Au. Despite its potential, the area has not been subjected to modern exploration. Uvre plans to commence exploration activities in late 2025, focusing on stream sampling and geological mapping to identify mineralised shear zones. The company is planning a maiden drilling program in the first half of 2026. This project adds to Uvre's portfolio of brownfields gold projects in New Zealand, aligning with their strategic exploration plans.
Key Points
  • Prospecting permit granted for Invincible Gold Project in Otago Goldfields.
  • The project covers the historic Invincible gold mine and Glenorchy tungsten mines.
  • Historic production averaged ~30g/t Au with no modern exploration conducted.
  • Exploration activities are scheduled to commence in late 2025.
  • Maiden drilling program planned for H1 2026.
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.