BUX Price sensitive 15 Oct 2026, 8:11 AM

Madman Project Exploration Update

Buxton Resources Ltd

Buxton Resources Updates on Madman Project Drilling

Key points

  • Diamond hole MD004DD completed at 627.20 m
  • Graphitic sediments intersected from 505 m to end of hole
  • Core logging and sampling in progress, assays expected December 2026

Full summary

Buxton Resources Ltd (ASX:BUX) has completed drill hole MD004DD at the Madman Cu-Au Project, reaching a depth of 627.20 m. The hole intersected graphitic sediments from approximately 505 m to the end, providing an explanation for the off-hole conductor detected from downhole electromagnetic surveying. Core logging and sampling are in progress, with assay results expected in December 2026. The company is also preparing for a range of exploration activities in Arizona.

Outlook

Buxton plans to complete field activities at Madman, undertake assaying, detailed logging, and integrate results over the Australian summer.

Summary generated by a large language model. Please interpret with care.

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