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SQX Resources Limited (ASX:SQX)

ALERT: Price-sensitive ASX Announcement for SQX
Current share price for SQX : $0.048 -0.102 (-68%)+
Announcement
Release
18 Nov 2025 8:24AM
Price at Release
$0.150
Full Release
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Summary
SQX Resources Limited has reported high-grade gold and silver assay results from its Williams Project in Montana, USA. The project involved underground chip-channel and grab sampling from the Black Bear veins, confirming exceptional bonanza-grade mineralisation. Key assays include a grab sample from the 101 raise with 358 g/t gold and 1,800 g/t silver. The acquisition of an 80% stake in AM6 Pty Ltd, the project owner, is pending, which will enhance SQX's exploration opportunities. Future plans include the application of electromagnetic geophysics, further drilling, and sampling to expand high-grade mineralisation targets.
Key Points
  • High-grade assays from Williams Au-Ag project in Montana.
  • Exceptional results include 358 g/t gold and 1,800 g/t silver.
  • Confirmed bonanza-grade mineralisation with historical validation.
  • Acquisition of 80% of AM6 Pty Ltd pending shareholder approval.
  • Use of electromagnetic geophysics suggested for further exploration.
  • Extensive opportunity for additional high-grade gold discoveries.
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.