Market Alert : Macro Strategy Alert: Bank of Japan Tightening, US Inflation Cooling, and Cross-Commodity Impacts

Significant Sulphide Mineralisation Identified in First Deep Drillhole at Lennon’s Find

Orange Minerals NL (ASX: OMX) has reported encouraging progress from its ongoing diamond drilling program at the Lennon’s Find Project in Western Australia, confirming the visual interception of sulphide mineralisation at depth. The Company’s first deep diamond drill hole, OLFD001, was designed to test a strong induced polarisation anomaly interpreted as a potential feeder structure to the project’s established zinc-dominant system. 

Drilling intersected approximately 25 metres of fresh rock containing semi-massive, banded and disseminated sulphides from around 510 metres downhole. Logged sulphide minerals include chalcopyrite, sphalerite and galena, alongside non-economic pyrite and pyrrhotite, supporting the polymetallic nature of the system. The diamond drill program reached a final depth of 615 metres, with the drilling partially supported through the Western Australian Government’s Exploration Incentive Scheme. Analytical results from laboratory testing are anticipated in the first quarter of 2026, to be complemented by planned downhole electromagnetic surveys aimed at detecting potential conductive zones beyond the current drill intercept. Outcomes from these programs will be used to refine geological interpretations, guide deeper targeting, and determine the scope and priority of any subsequent drilling and regional geophysical work along the broader Lennon’s Find mineralised corridor.

 

 

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