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Anax Metals Limited Strategic Outlook for 2026

Anax Metals Limited (ASX: ANX) has outlined its strategic priorities for the first half of 2026, focusing on advancing the Whim Creek Project. A key development is the updated Definitive Feasibility Study (DFS), expected in February 2026, which will incorporate current capital and operating costs, along with the impact of significantly higher commodity prices. This updated DFS is essential for securing project financing and making the final investment decision.

The company is also optimizing its strategies to maximize silver recovery, building on a resource of 7.12Moz and a reserve of 4.3Moz of silver. With an expanding partnership with Gold Valley Pilbara Pty Ltd (GVP), Anax plans to grow resource capacity at Salt Creek and explore new tenements. Furthermore, the company is enhancing its bioleaching and ore sorting technologies, aiming to improve ore treatment efficiency. Regional consolidation efforts, alongside advancements in waste rock monetization, are also part of Anax's broader strategy to progress toward project development.

 

 

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