Midas Minerals LimitedASX: MM1

Multiple high-grade zones discovered at Deblin

· Issued by Midas Minerals Limited

Filed with ASX · · 16 pages · English

Summary by 6ix AI

Midas Minerals Limited has announced the discovery of multiple high-grade zones at the Deblin deposit within its Otavi Copper Project in Namibia, indicating significant potential for a large-scale mineralised system. Recent drilling results have revealed several high-grade intercepts, with ongoing drilling aimed at extending these zones and increasing the resource target area.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

• DBDD008 and subsequent holes (pending analysis) indicate up to three high-grade mineralised positions within the Askevold volcanics. Midas is currently drilling DBDD006 deeper and plans to extend several other holes to test for similar additional mineralised zones. • Three core rigs are operating at Deblin with 19 core holes completed to date for which assays are pending for 11 holes. Plans are

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