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VBX Limited (ASX:VBX)

ALERT: Price-sensitive ASX Announcement for VBX
Current share price for VBX : $0.515 0.035 (7.29%)+
Announcement
Release
18 Aug 2025 8:28AM
Price at Release
$0.480
Full Release
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Summary
VBX Limited has provided an update on the Wuudagu Project, a key exploration initiative located in the Kimberley region of Western Australia. The announcement outlines the progress of the Wuudagu Project, including recent drilling activities, assay results, and geological interpretations. The update also highlights the identification of significant mineralization zones with encouraging zinc, lead, and silver grades, as well as the company's next steps in advancing the project. The report emphasizes the potential of the Wuudagu Project to deliver value through further exploration and development, and reiterates VBX Limited’s commitment to maintaining high environmental and community standards throughout the project’s lifecycle.
Key Points
  • VBX Limited reported an update on the Wuudagu Project in Kimberley, Western Australia.
  • Recent drilling programs have been completed, with positive assay results including zinc, lead, and silver mineralization.
  • Geological interpretations suggest the presence of mineralized zones with significant exploration potential.
  • The company is planning further drilling and exploration work to expand and define the resource.
  • VBX Limited is committed to environmental stewardship and community engagement throughout the project.
  • The Wuudagu Project is considered a strategic asset for the company, with potential for resource growth and value creation.
  • Future updates will be provided as the exploration program progresses and further results become available.
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.