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Highlights
- Haranga Resources has awarded maiden underground drill contract to Swick Mining Services for the Lincoln Gold Project.
- Swick plans to mobilise a Gen II underground diamond rig from Nevada, targeting up to 2,500 metres of HQ core.
- Drilling aims to convert the historical Lincoln-Comet resource into a JORC-compliant estimate by year-end.
- Haranga continues exploration at the Ibel South Gold Project while advancing Lincoln’s maiden drilling program.
Haranga Resources Limited (ASX:HAR; FRA:65E0), a multi-commodity exploration company, has confirmed significant progress at its Lincoln Gold Project following the recent acquisition. The company is now advancing towards its maiden underground drill campaign, awarding the initial drilling contract to Swick Mining Services (Swick), a Western Australian-based contractor with extensive operations in North America.
Reflecting on the development, Haranga’s Managing Director, Peter Batten, commented: “Swick have earnt a strong reputation in the industry through the successful delivery of underground drilling services over many years, and Haranga is pleased to engage them to undertake our initial drill program at the Lincoln Gold Project. We look forward to getting the drilling underway and taking this first important step towards unlocking the considerable value potential remaining in the Mother Lode, both at the Lincoln Gold Project and at other nearby gold deposits within our permitting.”
Maiden Drilling Program to Begin in October
Swick Mining Services, one of the world’s leading mineral drilling contractors, will deploy a Gen II underground diamond rig from its Nevada base to undertake the drilling. The program, scheduled to commence in October, will operate continuously from the Stringbean Alley Decline, targeting up to 2,500 metres of HQ size core using metric tooling.
The primary aim of the campaign is to convert the historical Lincoln-Comet resource into a JORC-compliant mineral resource estimate before the end of the year.
Historical Resource and High-Grade Potential
The Lincoln Gold Project features a historical gold resource reported in 2015 under NI 43-101 standards (non-JORC), with a total Indicated and Inferred resource of 286,000 ounces at 9.3 g/t Au. High-grade potential has been highlighted by previous drill intercepts, including 3.7 metres at 108 g/t Au from 24.1 metres in DDH-0195, and individual samples reaching 0.91 metres at 304.5 g/t Au. These results were confirmed during Haranga’s technical due diligence on select historical drill core and pulps, emphasising the project’s rich mineralisation.
Ongoing Exploration Activities
In addition to the Lincoln Gold Project, Haranga continues its exploration efforts at the Ibel South Gold Project. The company plans to release follow-up results from recent drilling campaigns and outline the next phase of exploration in the coming months.
HAR shares traded at AUD 0.11 at the time of writing on 29 September 2025.
