Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Mount Burgess Mining N.L. ( (AU:TXR) ) just unveiled an update.
Talonx Resources has commenced a 1,800m reverse circulation drilling program at its Blair North Gold Project, 25 kilometres east of Kalgoorlie, following a recent capital raising that has left the company well funded. The campaign will focus on high-grade gold targets at the Commodore, Commodore North and Snake Hill prospects, testing strike and down-dip extensions to earlier intercepts, with assays expected in May 2026.
After completing the Blair North program, the RC rig will move to the Viking Project, 30 kilometres east of Norseman, to resume drilling at the Beaker 2 and Beaker 4 prospects. This sequential drilling strategy aims to build on recent high-grade results at Viking and could materially advance Talonx’s resource definition and exploration momentum across its Eastern Goldfields portfolio.
The most recent analyst rating on (AU:TXR) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Mount Burgess Mining N.L. stock, see the AU:TXR Stock Forecast page.
More about Mount Burgess Mining N.L.
Talonx Resources Limited is an Australian exploration company focused on gold projects in Western Australia. Its key assets include the Blair North Gold Project near Kalgoorlie and the Viking Project near Norseman, where it targets high-grade, quartz vein-hosted gold mineralisation through systematic drilling campaigns.
Average Trading Volume: 952,743
Technical Sentiment Signal: Sell
Current Market Cap: A$10.25M
See more insights into TXR stock on TipRanks’ Stock Analysis page.