Exultant Mining Collects 16 Samples, Eyes 2026 Drilling at Peak View

• 16 rock chip samples collected from Big Badja Silver Mine, Undoo Creek, and Peak View prospect
• Historical datasets fully digitised and spatially validated
• Multiple land access agreements secured across priority exploration areas
• Assay results expected early Q1 2026 to guide next exploration steps
• Targeted drilling scheduled for Q2–Q3 2026 following geochemical and geophysical surveys

Reconnaissance and Sampling Progress

Exultant Mining Limited (ASX – 10X) has provided a comprehensive update on its Peak View Project, located in New South Wales, highlighting significant progress in exploration activities. The company recently completed a reconnaissance field program, validating historical geological data and collecting 16 rock chip samples from key prospects including the Big Badja Silver Mine, Undoo Creek, and the Peak View prospect itself.

The fieldwork confirmed important geological boundaries and extended the known volcanic package by approximately 450 metres beyond previous mapping. Notably, the team independently verified historical mining sites such as the Big Badja Silver Mine, which is known for ultra-high-grade silver mineralisation but has never undergone modern exploration.

Historical Data Digitisation and Land Access

In preparation for upcoming exploration phases, Exultant has completed a thorough compilation and digitisation of all historical datasets, including drilling records, assay results, geological maps, and geophysical surveys. This effort ensures spatial accuracy and provides a solid foundation for geological interpretation and target generation.

Crucially, the company has secured multiple land access agreements across priority areas within the project. These agreements cover the Peak View prospect, Big Badja Silver Mine, and Undoo Creek, facilitating the efficient rollout of planned surface geochemical and geophysical programs.

Upcoming Assays and Drilling Plans

Samples collected during the recent fieldwork have been submitted to ALS Orange laboratories for multi-element and gold assays, with results anticipated in early Q1 2026. These results will be pivotal in confirming geological interpretations and guiding the next phase of exploration.

Following the assay results, Exultant plans to conduct soil sampling across the Peak View prospect in late 2025, followed by ground-based gravity and induced polarisation surveys in early 2026. The company aims to commence targeted drilling of geophysical and geochemical anomalies in the second and third quarters of 2026, focusing on extensions of known high-grade mineralisation and untested prospective zones.

Exploration Potential and Historical Context

The Peak View Project sits within a geologically prospective region of the Lachlan Fold Belt, hosting polymetallic mineralisation including copper, lead, zinc, silver, and gold. Historical drilling by previous explorers such as Western Mining Corporation, Denehurst, and Ironbark Zinc has returned high-grade but generally narrow intercepts, with large sections of the prospective volcanic horizon remaining untested.

The Big Badja Silver Mine, with historical silver grades reportedly reaching 9,469 g/t, and the Undoo Creek gold prospect, with polymetallic mineralisation, represent compelling targets that have yet to benefit from modern exploration techniques. Exultant’s systematic approach, combining historical data with new sampling and geophysical surveys, positions the company well to unlock the project’s potential.

Bottom Line?

As assay results and drilling plans unfold in 2026, Exultant’s Peak View Project could reveal new dimensions of polymetallic opportunity in New South Wales.

Questions in the middle?

• What will the upcoming assay results reveal about the grade and extent of mineralisation?
• How will the planned drilling campaign refine the geological model and resource potential?
• What are the terms and durations of the secured land access agreements, and could they impact operational timelines?