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C29 Metals Limited (ASX:C29)

ALERT: Price-sensitive ASX Announcement for C29
Current share price for C29 : $0.013 -0.012 (-48%)+
Announcement
Release
22 Oct 2025 9:07AM
Price at Release
$0.025
Full Release
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Summary
C29 Metals Limited has announced plans to drill two prospective targets at its 100% owned Sampsons Tank Copper Project in the Lachlan Fold Belt, New South Wales, Australia. This decision follows a comprehensive review of the company's exploration assets, with the Sampsons Tank Project ranking as the top priority. The drilling will focus on copper targets identified through coincident magnetic, geochemical anomalies, and chargeability anomalies untested by previous drilling. The chargeability anomalies were first recognized in 2022 using induced polarisation survey data. The company aims to expand and diversify its exploration portfolio by assessing new acquisition opportunities globally.
Key Points
  • C29 Metals to drill Sampsons Tank Copper Project in NSW, Australia.
  • Sampsons Tank ranked as top exploration priority for C29 Metals.
  • Drilling targets include coincident magnetic and geochemical anomalies.
  • Chargeability anomalies were identified in 2022 using induced polarisation data.
  • C29 Metals aims to expand and diversify its exploration portfolio globally.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.