High-Grade Copper and Zinc Intercepts at Golden Grove

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Stock 29METALS Ltd (29M.ASX)
Release Time 19 Jan 2026, 8:29 a.m.
Price Sensitive Yes
 High-Grade Copper and Zinc Intercepts at Golden Grove
Key Points
  • High-grade copper and zinc intercepts continue to highlight potential for mine life extensions of existing Gossan Hill Deposits
  • Drilling results indicate potential for extensions to existing Mineral Resource estimates at Tryall and Oizon
  • Resource Extension drilling at Europa continues to highlight its potential as a longer dated high-grade copper ore source at Gossan Hill
Full Summary

29Metals Limited (ASX: 29M) announced results from the 2025 drill program at Golden Grove, which included Near Mine Exploration, Resource Extension, and Resource Conversion drilling. The drilling results reported include high-grade copper and zinc intercepts that continue to highlight potential for mine life extensions of existing Gossan Hill Deposits. At Tryall and Oizon, drill results indicate potential for extensions to existing Mineral Resource estimates to be incorporated into the nearer term mine plans and provide additional mine plan flexibility. Resource Extension drilling at Europa also continues to highlight its potential as a longer dated high-grade copper ore source at Gossan Hill. The drilling program included 23 holes, with total expenditures of $11 million, up from $4 million in 2024. The outcomes of the 2025 drill program continue to demonstrate potential to extend existing Mineral Resource estimates of deposits within the Gossan Hill Mine Project Area.