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Cosmo Metals Limited (ASX:CMO)

ALERT: Price-sensitive ASX Announcement for CMO
Current share price for CMO : $0.009 -0.006 (-40%)+
Announcement
Release
9 Dec 2025 8:19AM
Price at Release
$0.015
Full Release
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Summary
The document details drilling activities and results from the Spring Creek project by Cosmo Metals Limited, confirming the presence of shallow high-grade gold deposits. The drilling campaign conducted in 2025 indicated significant gold mineralization with several high gold grades identified, particularly in hole SCRC016 which showed outstanding results with 58.3 g/t of gold over 1 meter. The report highlights the strategic importance of the Spring Creek location in the Bingara project, which is situated in New South Wales, and its potential for future development in conjunction with other regional initiatives. These findings are significant as they reaffirm the high prospectivity of the area that has seen limited exploration since the 1970s.
Key Points
  • Cosmo Metals Limited confirmed high-grade gold at Spring Creek
  • 2025 drilling results show significant gold mineralization
  • Hole SCRC016 reported 58.3 g/t Au over 1 meter
  • Spring Creek is part of the Bingara project in New South Wales
  • Exploration builds on historical data with limited recent drilling
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.