Haranga Delivers Maiden 402koz High-Grade JORC Resource at Lincoln Gold Project in California
Haranga Resources Limited (ASX: HAR) has delivered a maiden JORC Mineral Resource Estimate of 2.46 million tonnes at 5.1g/t gold for 402,000 ounces at its Lincoln Gold Project in California’s historic Mother Lode Gold Belt, positioning the project among the higher-grade gold development opportunities on the ASX. The resource includes the Lincoln-Comet deposit containing 275koz at 5.7g/t Au and the Medean deposit containing 127koz at 4.1g/t Au, with the estimate defined across only ~2km of Haranga’s broader 6km strike position.
The Company also outlined a South Spring Hill Exploration Target of between 202koz and 308koz grading 5.4g/t to 5.8g/t gold, highlighting significant near-term growth potential beyond the maiden resource base. Recent drilling confirmed multiple high-grade gold intersections, including 4.8m at 25.4g/t Au and 2.4m at 38.01g/t Au, while deeper drilling supports potential mineralised repetitions at depth beneath existing workings.
Haranga noted that approximately AU$90 million of historical infrastructure investment, an existing underground decline, processing plant and Conditional Use Permit could support rapid restart studies as the Company advances toward becoming a potential North American gold producer.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Haranga Delivers Maiden 402koz High-Grade JORC Resource at Lincoln Gold Project in California
Haranga Resources Limited (ASX: HAR) has delivered a maiden JORC Mineral Resource Estimate of 2.46 million tonnes at 5.1g/t gold for 402,000 ounces at its Lincoln Gold Project in California’s historic Mother Lode Gold Belt, positioning the project among the higher-grade gold development opportunities on the ASX. The resource includes the Lincoln-Comet deposit containing 275koz at 5.7g/t Au and the Medean deposit containing 127koz at 4.1g/t Au, with the estimate defined across only ~2km of Haranga’s broader 6km strike position.
The Company also outlined a South Spring Hill Exploration Target of between 202koz and 308koz grading 5.4g/t to 5.8g/t gold, highlighting significant near-term growth potential beyond the maiden resource base. Recent drilling confirmed multiple high-grade gold intersections, including 4.8m at 25.4g/t Au and 2.4m at 38.01g/t Au, while deeper drilling supports potential mineralised repetitions at depth beneath existing workings.
Haranga noted that approximately AU$90 million of historical infrastructure investment, an existing underground decline, processing plant and Conditional Use Permit could support rapid restart studies as the Company advances toward becoming a potential North American gold producer.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au