Haranga Resources Targets Expansion with New Gold Drilling at Ibel South

Haranga Resources is set to launch a follow-up 3,000-metre Air Core drilling program at its promising Ibel South Gold Project in Senegal, aiming to extend and infill high-grade gold zones discovered earlier this year. Concurrently, the company advances preparations for maiden drilling at its Lincoln Gold Project in California.

  • Second Air Core drilling program (~3,000m) planned at Ibel South starting late October 2025
  • Focus on infilling and extending high-grade gold mineralisation along a 700m corridor
  • Testing large, previously undrilled Termite Mound Sampling anomalies
  • Preparations underway for maiden drilling at Lincoln Gold Project to convert historical resource to JORC standard
  • Strong initial Ibel South results include intercepts up to 20m at 6.54 g/t Au with higher-grade zones
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Building on Early Success at Ibel South

Haranga Resources Limited (ASX, HAR) is gearing up for a significant follow-up drilling campaign at its Ibel South Gold Project in southeastern Senegal, scheduled to commence in late October 2025. This second Air Core (AC) program, targeting approximately 3,000 metres, aims to capitalize on the encouraging results from the maiden drilling campaign completed in July 2025, which revealed broad, shallow, and notably high-grade gold mineralisation.

Initial results from the first phase included standout intercepts such as 20 metres at 6.54 grams per tonne (g/t) gold from 12 metres depth, including a 4-metre segment grading 14.64 g/t Au, and other high-grade hits like 4 metres at 14.83 g/t Au. These findings confirmed a continuous mineralised corridor extending over 700 metres along a north-northeast trend, with mineralisation remaining open along strike.

Strategic Focus on Infill and Extensions

The upcoming drilling campaign is designed to infill gaps between existing drill lines to better define grade continuity and delineate zones of higher-grade shoots within the corridor. Additionally, Haranga plans to test extensions of the mineralised zone both north and south, potentially expanding the strike length substantially.

Crucially, the program will also target several large Termite Mound Sampling (TMS) anomalies that were inaccessible during the initial campaign due to seasonal restrictions. These anomalies, some associated with artisanal mining activity, present compelling new targets that could reveal further mineralisation concealed beneath the thick lateritic cover characteristic of the region.

Advancing the Lincoln Gold Project

Alongside the Ibel South drilling, Haranga is progressing preparations for its maiden drilling program at the Lincoln Gold Project in California. This project holds a historical NI 43-101 resource estimate of 286,000 ounces at 9.3 g/t Au, which the company aims to convert to a JORC-compliant resource through upcoming drilling and evaluation. The Lincoln project benefits from existing infrastructure and mining permits, positioning it as a potentially valuable asset in Haranga’s portfolio.

Broader Portfolio and Outlook

Haranga’s diversified focus also includes the Saraya Uranium Project in Senegal, which boasts a mineral resource estimate of 14.5 million tonnes at 550 ppm eU3O8, containing 17.6 million pounds of uranium oxide. The company’s multi-commodity approach, combining gold and uranium assets, reflects a strategic effort to leverage opportunities across different mineral markets.

Managing Director Peter Batten expressed optimism about the upcoming drilling season, highlighting the abundance of untested targets and the potential for significant resource growth. The integration of geochemical surveys, termite mound sampling, artisanal workings, and drilling results provides a robust pipeline of exploration targets that could underpin future resource expansions.

Bottom Line?

Haranga’s upcoming drilling campaigns at Ibel South and Lincoln could unlock substantial new gold resources, setting the stage for a transformative year ahead.

Questions in the middle?

  • Will the second Ibel South drilling program confirm extensions of the high-grade mineralised corridor?
  • Can Haranga successfully convert the Lincoln Gold Project’s historical NI 43-101 resource into a JORC-compliant resource?
  • How will the testing of large termite mound anomalies impact the overall resource potential at Ibel South?