InvestSMART

Octava Minerals Limited (ASX:OCT)

ALERT: Price-sensitive ASX Announcement for OCT
Current share price for OCT : $0.020 -0.035 (-63.64%)+
Announcement
Release
5 Nov 2025 8:27AM
Price at Release
$0.055
Full Release
download
Summary
Octava Minerals Limited has received regulatory approval for a 2000-meter diamond drilling program at the Sweeney’s Cu-Zn-Ag-Sn prospect in Western Tasmania, with drilling expected to start in November. The company reported high-grade results from rock chip samples, indicating significant quantities of indium, copper, zinc, silver, and tin. Preparations for a ground-based electromagnetic survey are also in progress to better delineate mineralisation, which remains open at depth.
Key Points
  • Regulatory approval received for 2000m diamond drill program at Sweeney’s Cu-Zn-Ag-Sn prospect.
  • Up to 22 drill holes planned, drilling to commence in November.
  • High grades of indium, copper, zinc, silver, and tin found in rock samples at Sweeney’s Prospect.
  • Ground-based EM geophysical survey preparation well advanced.
  • Semi-massive sulphide host feeder mineralisation remains open at depth.
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.