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SQX Resources Limited (ASX:SQX)

ALERT: Price-sensitive ASX Announcement for SQX
Current share price for SQX : $0.048 -0.038 (-44.19%)+
Announcement
Release
30 Jan 2025 4:53PM
Price at Release
$0.086
Full Release
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Summary
SQX Resources Limited announced the completion of a drill report that identified high priority drill targets based on soil sampling and historical exploration data. The company is focusing on its Scrub Paddock and Ollenburgs prospects in southeast Queensland, highlighting the potential for intrusive-related gold and copper-gold mineralisation. Additionally, SQX continues to seek complementary opportunities in the critical minerals sector to enhance its portfolio and assess development options for its current exploration assets.
Key Points
  • Completion of a drill report detailing high priority drill targets.
  • Strong focus on identifying complementary opportunities in the critical minerals sector.
  • Continued assessment of development options for existing exploration assets: Scrub Paddock and Ollenburgs.
  • Potential for intrusive-related gold and copper-gold porphyry-style mineralisation at both the Scrub Paddock and Ollenburgs prospects.
  • Drill results indicate the Scrub Paddock's line of lode structure extends to depths of over 400m.
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.