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The latest update is out from Haranga Resources Limited ( (AU:HAR) ).
Haranga Resources has converted Class A and Class B Performance Rights tied to its Lincoln Gold Mine acquisition into 40 million fully paid ordinary shares for vendor Seduli, after meeting key milestones that include commencing drilling and validating the existing drilling database for use in a JORC-compliant mineral resource estimate. In a move aligning incentives around the anticipated maiden JORC resource, Haranga and Seduli have also agreed to extend the escrow on both upfront and milestone shares to 1 May 2026 in exchange for shortening the transaction’s warranty period, while the company advances dewatering and drilling at Lincoln and prepares reverse circulation drilling at its Ibel South Gold Project, where it has already outlined an 800m open mineralised trend.
The most recent analyst rating on (AU:HAR) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Haranga Resources Limited stock, see the AU:HAR Stock Forecast page.
More about Haranga Resources Limited
Haranga Resources Limited is an ASX- and Frankfurt-listed gold exploration and development company focused on advancing the Lincoln Gold Mine in California’s historic Mother Lode Gold Belt and the Ibel South Gold Project. The company is working to convert an existing NI 43-101 foreign resource estimate at Lincoln into a JORC-compliant mineral resource and is actively planning drilling programs to test and extend high-grade gold mineralisation at both projects.
Average Trading Volume: 1,909,824
Technical Sentiment Signal: Buy
Current Market Cap: A$60.68M
See more data about HAR stock on TipRanks’ Stock Analysis page.