HGO.ASX: Kavanagh Surface Drilling Improves Resource Growth Potential

Kavanagh Surface Drilling Improves Resource Growth Potential

Stock	Hillgrove Resources Ltd (HGO.ASX)
Release Time	30 Jun 2026, 8:41 a.m.
Price Sensitive	Yes

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Hillgrove Resources: Significant Copper-Gold Mineralisation at Kanmantoo Mine

Key Points

Significant Copper-Gold mineralisation confirmed at depth
Deepest intersection recorded to date
Ongoing drilling program to expand mineral system

Full Summary

Hillgrove Resources Limited has reported significant results from its surface drilling program at the Kanmantoo Copper Mine in South Australia. The program, which commenced in February, aimed to test the projected depth extensions of the Kavanagh mineralised zone. Assay results from the first five wedges confirm the continuation of the mineralisation at depth, with notable intersections including 24m @ 1.69% Cu + 0.47g/t Au from 816m downhole in KTDD248_W5. Hillgrove CEO, Bob Fulker, highlighted the potential for further growth within the Kavanagh system and the opportunity to extend the mine life. Drilling is ongoing with further depth extensions being tested.

Outlook

The company remains committed to the programs that will enable it to extend the mine life and unlock the full value of Kanmantoo.