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Coolabah Metals Ltd. ( (AU:BHM) ) has provided an announcement.
Broken Hill Mines has reported outstanding drilling results at the Pinnacles Mine’s Perseverance target, confirming a large, continuous zone of very high grade silver‑lead‑zinc mineralisation that extends over 350m down dip, up to 100m wide, and remains open at depth. The company is assessing an exploration decline to accelerate underground development of this high‑grade system, while additional shallow drilling at nearby Fishers, Rope Shaft and Junction targets has outlined broad open‑pit mineralisation with notable gold and copper, supporting Pinnacles’ planned start as an ore feed source to the Rasp processing plant in the June quarter of 2026.
More about Coolabah Metals Ltd.
Broken Hill Mines Limited is an Australian mining company focused on silver, lead and zinc exploration and development. The company is advancing the Pinnacles Mine to supply ore to its operating Rasp Mine processing plant, targeting both underground and open pit resources in a historically productive Broken Hill district.
Average Trading Volume: 1,645,266
Technical Sentiment Signal: Buy
Current Market Cap: A$255.1M
For detailed information about BHM stock, go to TipRanks’ Stock Analysis page.