Madman Project - Drilling Program Commenced
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| Stock | Buxton Resources Ltd (BUX.ASX) |
|---|---|
| Release Time | 1 Jul 2026, 8:22 a.m. |
| Price Sensitive | Yes |
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Buxton Resources Commences Drilling at Madman Project
Key Points
- Drilling program at Madman Project has commenced
- Program includes water bore and two diamond drill holes
- Targeting Havieron-style gold-copper magnetic anomaly
Full Summary
Buxton Resources Ltd (ASX: BUX, BUXO) has announced the commencement of drilling activities at its 100%-owned Madman gold-copper Project. The drilling program includes the drilling of a water bore and two deep diamond drill holes designed to test a discrete magnetic anomaly with similarities to the Havieron gold-copper deposit. The project is located 375 km northeast of Wiluna and is accessible via the Gunbarrel and Eagle Highways. The drilling aims to test a geophysical anomaly approximately 220 meters below surface. Buxton's Managing Director, Marty Moloney, expressed excitement about the program, highlighting the compelling geophysical anomaly and the team's exceptional work under challenging conditions.
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