Cosmo Metals Ltd Hits Gold at Kanowna Gold Project

Cosmo Metals Ltd (ASX: CMO) announced positive results from the initial 4,906-meter drilling phase at the Kanowna Gold Project in Western Australia. The reverse circulation (RC) drilling revealed broad gold mineralization zones at Dugite, including 32 meters at 0.44 g/t Au from 116 meters and 8 meters at 0.56 g/t Au from 132 meters. Additional targets were identified from air-core (AC) drilling at Adder and Tiger, showing kilometer-scale gold anomalies.

Follow-up drilling is scheduled for late August or early September. The Laguna Verde site showed a broad zone of gold (24 meters at 0.23 g/t Au), indicating potential for a larger mineralized structure. Cosmo Metals is well-funded and plans to continue exploring to define these promising targets further.

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