29Metals Ltd. has discovered high-grade copper, zinc and gold intercepts for potential mine life extensions of existing Gossan Hill Deposits.
The company said results from its ongoing drill programs in the Oizon and Hougoumont extended orebodies, both of which could boost production and allow for future mining cost efficiencies through shared infrastructure.
29Metals CEO James Palmer said: “The 2025 Golden Grove drill program continues to deliver high grade Resource Extension intercepts, further highlighting the ongoing growth potential of Gossan Hill.”
“Additionally, today’s results show that Oizon and Hougoumont Extended are potentially a single large mineralised system at depth, which could significantly improve the future economics of mining in this area.”
Resource extension drilling at Ozion could be incorporated into the nearer term mine plans and provide additional mine plan flexibility, while drilling at Europa highlights its potential as a longer dated high-grade copper ore source.
The company will continue its drill program to test priority targets with approximately 9,000 metres of drilling remaining. Drilling at Tyrall is being conducted from the surface, with other targets continuing to be tested from existing underground drill platforms.
