29Metals targeting Golden Grove extension

29Metals has hit a run of high-grade copper and zinc at Golden Grove, pointing to mine life extensions and new growth opportunities at the Western Australian operation.

The company released results from its 2025 drilling program covering near mine exploration, resource extension, and resource conversion across the Gossan Hill and Scuddles prospects.

“Many of the high-grade resource extension results released today are in easily accessible areas of Gossan Hill, which in addition to mine life extensions, provides opportunity to leverage existing underground infrastructure and development to build flexibility into the Golden Grove life-of-mine plan,” 29Metals chief executive officer James Palmer said.

All drilling was completed from underground platforms, with total program spend lifted to $10–14 million, more than triple 2024 levels.

At Tryall, standout intercepts included 12.3m at 2.8 per cent copper, 1.4 grams per tonne (g/t) gold, and 17g/t silver from 263.7m, with a high-grade core of 3.3m at 9.2 per cent copper, 3.2g/t gold, and 46g/t silver.

Oizon returned 14.6m at 2.6 per cent copper and 0.5g/t gold from 437.4m, while Europa delivered broader zones such as 30.3m at 2.2 per cent copper from 911.7m, underlining its longer-term potential.

Drilling at Cervantes confirmed it as a standout growth target, with results including 17.8m at 8.8 per cent zinc from 698m and 48.2m at 2.4 per cent copper from 715.8m.

Resource conversion drilling also confirmed continuity, with 80.4m at 3.9 per cent copper and 0.5g/t gold from 600.3m, including 51.8m at 5.2 per cent copper.

Golden Grove, a long-life polymetallic mine producing copper, zinc, gold, and silver, remains the company’s flagship operation. With Cervantes emerging as a high-quality growth option, 29Metals is positioning the operation as a cornerstone for its future portfolio.

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