Quarterly Activities/Appendix 5B Cash Flow Report
| Stock | Midas Minerals Ltd (MM1.ASX) |
|---|---|
| Release Time | 27 Jul 2026, 4:56 p.m. |
| Price Sensitive | Yes |
Midas Minerals Reports June 2026 Quarterly Activities
- Exceptional drill results from T-13 Main Zone infill drilling
- First infill hole on T-13 West, 600m west of the Main Zone returns significant copper and silver mineralisation
- High-grade copper and silver mineralisation confirmed at Spaatzu
- Sale of Newington Project to Forrestania Resources Limited
Midas Minerals Ltd reported significant drill results from its Otavi Copper Project in Namibia during the June 2026 quarter. Infill drilling at the T-13 deposit continued to yield high-grade copper and silver intercepts, with notable results including 50.6m at 7.81% CuEq from 193m. The first infill hole on the Western Zone of T-13 returned 27m at 1.46% CuEq. At Spaatzu, copper and silver mineralisation was confirmed 300m west of discovery hole MORC006, with assays returning up to 30.8% Cu, 4.26g/t Au, and 149g/t Ag. Midas also completed the sale of its Newington Project to Forrestania Resources Limited, allowing the company to focus on its Otavi Project.
Midas Minerals expects to release an updated MRE for the T-13 deposit by the end of 2026.
Midas Minerals anticipates a strong flow of results from T-13 over the coming quarter as drilling continues.