Second Phase 3,000m Drilling Underway After Maiden High-Grade Gold Hits

Building on Maiden Success

Haranga Resources Limited (ASX, HAR) has commenced the second phase of its Aircore (AC) drilling program at the Ibel South Gold Project in southeastern Senegal. This follows a maiden campaign earlier in 2025 that delivered several standout gold intercepts, including a 20-metre interval grading 6.54 grams per tonne (g/t) gold starting from just 12 metres depth. These results have bolstered confidence in the project’s potential to host a significant gold deposit within the prolific Kéniéba Inlier of the Birimian Formation.

The new 3,000-metre drilling campaign, mobilised by Forage Technique Eau (FTE), is designed to test the continuity and geometry of mineralised structures identified previously. Operating dual day and night shifts, the program aims to efficiently extend known zones and refine targets ahead of a more intensive reverse circulation (RC) and diamond drilling (DD) campaign planned for 2026.

Strategic Location and Geological Context

The Ibel South Project lies approximately 80 kilometres southwest of Senegal’s largest gold mine, the Sabodala–Massawa operation, and 50 kilometres south of the Mako Gold Mine. Both are significant producers within the Birimian greenstone belt, which hosts over 40 million ounces of gold resources mined or under development. Haranga’s project benefits from this geological setting, which is known for its rich mineralisation and mining-friendly infrastructure.

With all necessary environmental and administrative approvals secured, including authorisation for up to 4,000 metres of drilling, Haranga is positioned to maintain momentum in its exploration efforts. The current phase is expected to take around 20 days, with sample preparation and assay submissions to follow, targeting results before the end of 2025.

Looking Ahead, From Discovery to Definition

Managing Director Peter Batten emphasised the importance of this follow-up drilling, stating that the maiden results “warrant immediate follow up” and that the current program is critical to building geological confidence. The goal is to move beyond initial discovery indicators toward a more detailed understanding of the mineral system, which will inform the design of the deeper and more targeted 2026 drilling campaign.

Haranga is also advancing its broader portfolio, including the Saraya Uranium Project in Senegal and the recently acquired Lincoln Gold Project in California. While the Lincoln resource remains a foreign estimate pending JORC classification, it adds strategic depth to the company’s asset base.

As assay results from the current drilling phase are awaited, the market will be watching closely to see if Haranga can replicate or improve upon the high-grade intercepts from the maiden program. Success here could significantly enhance the project’s valuation and position Haranga as a rising player in West African gold exploration.