Recharge Metals Advances Sunset Well Gold Project Toward Maiden Drilling
Recharge Metals Limited (ASX: REC) has scheduled a heritage survey for late August 2026 at its Sunset Well Project near Leonora, Western Australia. The survey represents the final major milestone before the planned 30,000-metre maiden drilling campaign, targeted to begin in early Q4 2026. The program will primarily test the Prospero Deposit and the broader 15-kilometre Prospero Trend using modern exploration techniques.
The Prospero Deposit is estimated to hold 94,500 ounces of gold within an Inferred Mineral Resource of 2.87 million tonnes grading 1.0 g/t, with further mineralisation potential both laterally and at greater depths. Historical drilling delivered encouraging high-grade intersections, including 36 metres at 2.73 g/t gold from 32 metres.
Recharge has also submitted a Mining Lease Application covering Prospero, progressing permitting alongside exploration. The company remains well funded with approximately AU$5.6 million in cash, supporting its upcoming exploration activities.
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
x
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
Start Your 7 Days Free Trial Now!
We use cookies to help us improve, promote, and protect our services.
By continuing to use this site, we assume you consent to this.
Read our
Privacy Policy
and
Terms & Conditions
Recharge Metals Advances Sunset Well Gold Project Toward Maiden Drilling
Recharge Metals Limited (ASX: REC) has scheduled a heritage survey for late August 2026 at its Sunset Well Project near Leonora, Western Australia. The survey represents the final major milestone before the planned 30,000-metre maiden drilling campaign, targeted to begin in early Q4 2026. The program will primarily test the Prospero Deposit and the broader 15-kilometre Prospero Trend using modern exploration techniques.
The Prospero Deposit is estimated to hold 94,500 ounces of gold within an Inferred Mineral Resource of 2.87 million tonnes grading 1.0 g/t, with further mineralisation potential both laterally and at greater depths. Historical drilling delivered encouraging high-grade intersections, including 36 metres at 2.73 g/t gold from 32 metres.
Recharge has also submitted a Mining Lease Application covering Prospero, progressing permitting alongside exploration. The company remains well funded with approximately AU$5.6 million in cash, supporting its upcoming exploration activities.
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