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Orange Minerals NL (ASX:OMX)

ALERT: Price-sensitive ASX Announcement for OMX
Current share price for OMX : $0.048 -0.022 (-31.43%)+
Announcement
Release
10 Mar 2026 9:45AM
Price at Release
$0.070
Full Release
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Summary
Orange Minerals NL (ASX: OMX) conducted a Downhole Electro-Magnetic (DHEM) survey on drill hole OLFD001 at the Lennon's Find Project in Western Australia, identifying three conductive anomalies. The DHEM survey aimed to explore a potential volcanic massive sulphide (VMS) system beneath an existing zinc-lead-silver structure. Three anomalies were identified: OLFD001-1, a broad strongly conductive anomaly at 150m; OLFD001-2, a moderately conductive anomaly from 380-400m; and OLFD001-3, a weakly conductive but significant anomaly at 480m. These findings suggest a VMS-style mineralisation, with implications for zinc-rich mineral presence. The survey results will guide future drilling efforts, integrating assay results and geophysical data for further exploration.
Key Points
  • Completion of DHEM survey at Lennon's Find identified three conductive anomalies.
  • OLFD001-1 anomaly found at 150m, consistent with sulphide identification.
  • OLFD001-2 anomaly coincides with quartz-carbonate-magnetite veining.
  • OLFD001-3 anomaly indicates potential zinc-rich mineralisation.
  • Survey results to assist in guiding future drilling and exploration efforts.
  • Lennon's Find project targets VMS-style mineralisation beneath established structures.
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.