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C29 Metals Advances Samsons Tank Drilling Plans, Secures $150k Director Loan, Eyes Acquisitions
10:54am on Friday 30th of January, 2026 AEDT
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Mining
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C29 Metals Advances Samsons Tank Drilling Plans, Secures $150k Director Loan, Eyes Acquisitions
10:54am on Friday 30th of January, 2026 AEDT
Key Points
Planning underway for drilling at Samsons Tank Copper project in Lachlan fold belt, NSW
Entered $150,000 zero-interest convertible loan agreement with a director
Cash on hand stands at $211,000 with $85,000 spent on exploration activities
Company progressing relinquishment of certain tenements including Mayfield and Torrens North
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