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Cosmo Metals Secures Diamond Drill Rig for Kanowna Deep Gold Testing

12:32pm on Monday 4th of May, 2026 AEST Mining
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Cosmo Metals Secures Diamond Drill Rig for Kanowna Deep Gold Testing

12:32pm on Monday 4th of May, 2026 AEST
Key Points
  • Diamond rig contracted for 400m deep hole at Laguna Verde
  • Drilling targets orogenic gold near Fitzroy Fault extension
  • Potential diamond tails on recent RC holes testing Kanowna Shear
  • Drill-for-equity deal preserves cash reserves
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