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Orange Minerals NL ( (AU:OMX) ) just unveiled an announcement.
Orange Minerals reported strong operational progress at its Lennon’s Find project in Western Australia during the December 2025 quarter, including completion of a 615m EIS‑co‑funded diamond drill hole targeting a deep induced polarisation anomaly beneath its existing zinc‑lead‑silver Resource. The hole intercepted a 25m downhole interval of semi‑massive, banded and disseminated sulphides containing chalcopyrite, sphalerite and galena, with assays due in the first quarter of 2026, and drilling to date has satisfied joint venture expenditure requirements, entitling the company to an initial 51% interest in the project with potential to increase this to 75% pending formal confirmation. In parallel, the company is preparing a dual‑country exploration push across Australia and Ghana, backed by a A$3.18 million placement that includes significant support from a Ghanaian investor group and company directors, positioning Orange Minerals for a more aggressive exploration program and potentially strengthening its strategic foothold in both regions.
The most recent analyst rating on (AU:OMX) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Orange Minerals NL stock, see the AU:OMX Stock Forecast page.
More about Orange Minerals NL
Orange Minerals NL is an ASX-listed mineral exploration company focused on base and precious metals, notably zinc, copper, lead, silver and gold. Its key assets include the Lennon’s Find project in Western Australia’s Pilbara region, and it is expanding its exploration footprint across both Australia and Ghana.
Average Trading Volume: 210,675
Technical Sentiment Signal: Hold
For a thorough assessment of OMX stock, go to TipRanks’ Stock Analysis page.