Maritana Minerals Phase 2 Drilling Extends Burbanks Mineralisation
Key points
- Phase 2 drilling extends high-grade mineralisation beneath Main Lode
- Significant intercepts include 0.48m @ 25.19 g/t Au
- Burbanks Underground not included in current Black Swan Processing Hub plan
- Final Phase 2 drill results expected in September Quarter 2026
Full summary
Maritana Minerals Limited has completed Phase 2 drilling at its Burbanks Gold Project, extending high-grade mineralisation beneath the Main Lode. The drilling aimed to test the extents of the Burbanks Underground mineralisation, which is not included in the current Black Swan Processing Hub plan. Significant intercepts include 0.48m @ 25.19 g/t Au from 224.63m and 0.76m @ 9.02 g/t Au from 231.42m, including 0.38m @ 16.41 g/t Au from 231.42m. Final Phase 2 drill results are expected in the current September Quarter 2026, with Burbanks' MRE update from Phase 1 due to be completed in the same quarter and Burbanks' current JORC (2012) Mineral Resource Estimate being 6.1Mt grading 2.4 g/t Au for 466koz.
Guidance
Final Burbanks Phase 2 drill results expected in September Quarter 2026
Outlook
Burbanks Underground is firming as a potential new source of feed for Maritana's Black Swan Processing Hub.
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