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An announcement from Odin Metals Ltd ( (AU:G11) ) is now available.
G11 Resources has completed the acquisition of privately held Pacific State Metals, adding significant copper-gold projects in Tasmania and northwest New South Wales to its portfolio, and raised $7.5 million in a two-tranche placement to fund an extensive 2026 drilling campaign targeting Tier 1 deposits. During the December 2025 quarter, the company defined a large CSAMT anomaly named Zig Zag at its Sedgwick project adjacent to the Great Lyell Fault and along strike from the Mt Lyell mine, secured two additional strategic tenements near major existing operations at Mt Lyell and Rosebery, advanced environmental and regulatory work programs to obtain drilling approvals at Sedgwick, and completed a 1-for-10 share consolidation, collectively strengthening its exploration pipeline and strategic footprint in the Mt Read Volcanics.
More about Odin Metals Ltd
G11 Resources Limited (ASX: G11) is an Australian mineral exploration company focused on copper and gold projects. Its portfolio now includes key assets in Tasmania’s Mt Read Volcanic belt, notably the Sedgwick project near the Mt Lyell copper-gold mine, as well as intrusive-related copper-gold targets in northwest New South Wales, positioning the company in established, highly prospective base and precious metals districts.
Average Trading Volume: 143,548
Technical Sentiment Signal: Buy
Current Market Cap: A$42.54M
Learn more about G11 stock on TipRanks’ Stock Analysis page.