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Vita Resources NL (ASX:VTA)

ALERT: Price-sensitive ASX Announcement for VTA
Current share price for VTA : $0.022 -0.009 (-29.03%)+
Announcement
Release
21 May 2026 8:15AM
Price at Release
$0.031
Full Release
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Summary
Vita Resources NL announced promising maiden exploration results from their Ninnis Gold Project in Western Australia, revealing significant gold in soil anomalies. The initial phase involved an auger drilling program over a 25 km² area, identifying notable anomalies in both the northern and southern sectors. Due to these encouraging results, Vita Resources has decided to expand the program, adding an additional 300 infill drill holes. The project, located in a geologically favorable area near other major gold operations, is set to continue with further exploration activities led by GYRO Drilling, with completion anticipated in approximately 20 days.
Key Points
  • Initial auger drilling program at Ninnis Gold Project covered 7.2 km by 3.2 km area.
  • Identified multiple gold in soil anomalies in the northern sector extending 600m north-west.
  • Southern sector showed a consistent anomaly 500m north-south by 300m wide.
  • Infill drilling program with approximately 300 holes added due to strong initial results.
  • GYRO Drilling will complete remaining auger holes and commence infill drilling.
  • Drilling program expected to take around 20 days.
  • Ninnis Gold Project situated near several significant gold mining operations.
  • Vita Resources aims to expand exploration based on promising results.
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.