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Reach Resources advances Blue Heaven mining pathway with high-grade drilling

8:30am on Thursday 29th of October, 2026 AEDT • Mining
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Reach Resources advances Blue Heaven mining pathway with high-grade drilling

8:30am on Thursday 29th of October, 2026 AEDT
Key Points
  • Andel exercised its option and entered a binding Right to Mine Agreement for Blue Heaven
  • Andel is to fund pre-mining, mining, haulage and processing costs upfront, subject to remaining conditions
  • Grade-control drilling returned 7 metres at 7.5 g/t gold from 20 metres
  • Three prospecting licences expanded Reach's Murchison South footprint after quarter-end
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