High-grade Resource Extension intercepts at Oizon

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Stock 29METALS Ltd (29M.ASX)
Release Time 25 Jun 2026, 8:20 a.m.
Price Sensitive Yes
 29METALS Ltd Announces High-grade Resource Extension at Oizon
Key Points
  • High-grade copper, gold, and silver intercepts at Oizon
  • Significant zinc intercepts also reported
  • Development to Oizon progressing as planned, first ore expected by end of 2026
Full Summary

29Metals Limited has reported positive results from the 2026 drill program at Golden Grove in Western Australia, focusing on the Oizon and Hougoumont Extended areas. The drilling has successfully extended existing mineral resources with high-grade intercepts, including 2.2m @ 5.1% Cu, 17.7g/t Au, 126g/t Ag, and 29.8m @ 16.9% Zn. Development at Oizon is progressing according to plan, with first ore expected by the end of 2026. These results build on the 2025 program, which identified Oizon and Hougoumont Extended as a single large mineralized system at depth.

Guidance

First ore from Oizon expected by the end of 2026

Outlook

The results from the 2026 drill program continue to highlight significant growth potential at Oizon, with development progressing as planned.