Haranga Resources Limited Lincoln Gold Project Drilling Update
Haranga Resources Limited (ASX: HAR) announced the mobilisation of a Swick Gen II underground diamond drill rig at the Lincoln Gold Project in California, marking a key operational milestone. Underground drilling is scheduled to commence on the nightshift of 28 November, targeting ~2,600m across 25 HQ-sized drillholes. The program’s primary objective is to convert the historical Lincoln-Comet resource into a JORC-compliant mineral resource estimate by late January 2026.
Several deep holes will also test for repetitions and new structures at depth, opening the potential for a new gold discovery. Dewatering of the Stringbean Alley Decline continues at the maximum permitted rate, with infrastructure recovery advancing as deeper crosscuts become accessible. A substantial upgrade of the underground electrical system is well progressed to support ongoing drilling and mine rehabilitation. Leveraging the existing decline provides significant technical advantages and cost efficiency. With gold at record highs and over AU$90m previously invested in the project, Haranga enters a highly prospective phase with meaningful upside for future development.
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.au.au
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
Haranga Resources Limited Lincoln Gold Project Drilling Update
Haranga Resources Limited (ASX: HAR) announced the mobilisation of a Swick Gen II underground diamond drill rig at the Lincoln Gold Project in California, marking a key operational milestone. Underground drilling is scheduled to commence on the nightshift of 28 November, targeting ~2,600m across 25 HQ-sized drillholes. The program’s primary objective is to convert the historical Lincoln-Comet resource into a JORC-compliant mineral resource estimate by late January 2026.
Several deep holes will also test for repetitions and new structures at depth, opening the potential for a new gold discovery. Dewatering of the Stringbean Alley Decline continues at the maximum permitted rate, with infrastructure recovery advancing as deeper crosscuts become accessible. A substantial upgrade of the underground electrical system is well progressed to support ongoing drilling and mine rehabilitation. Leveraging the existing decline provides significant technical advantages and cost efficiency. With gold at record highs and over AU$90m previously invested in the project, Haranga enters a highly prospective phase with meaningful upside for future development.
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.au.au