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Enegex Limited ( (AU:ENX) ) has provided an update.
Enegex has mobilised an aircore drill rig for a 3,000-metre maiden program at its Tougbe gold project in Côte d’Ivoire, following up strong power auger and historical aircore intersections that include broad zones of near-surface mineralisation above 1 g/t gold. The campaign is designed to test and extend these encouraging anomalies, marking a shift from geochemical targeting to systematic drill evaluation of the prospect.
At the nearby Gogo permit, power auger work has defined a 900-metre gold anomaly linking the NE and S Bonoubana soil anomalies, while trenching highlighted gold in sheared felsic volcanics and confirmed untested high-grade quartz vein workings as prime drill targets. Enegex plans reverse circulation drilling in March 2026 to test beneath artisanal mine sites and auger-defined bedrock anomalies, potentially upgrading the company’s exploration portfolio and de-risking future resource assessment in the region.
The most recent analyst rating on (AU:ENX) stock is a Hold with a A$0.29 price target. To see the full list of analyst forecasts on Enegex Limited stock, see the AU:ENX Stock Forecast page.
More about Enegex Limited
Enegex Limited is an Australian-listed mineral exploration company focused on gold projects in Côte d’Ivoire. The company advances early-stage prospects through auger, trenching and drilling programs, targeting structurally controlled gold systems in underexplored greenstone belts to define bedrock mineralisation and support potential resource delineation.
Average Trading Volume: 237,529
Technical Sentiment Signal: Buy
Current Market Cap: A$69.17M
See more data about ENX stock on TipRanks’ Stock Analysis page.