Haranga Resources (ASX:HAR) Secures Approvals for Second Ibel South Drilling Campaign

3 min read | October 28, 2025 01:53 PM AEDT | By Sonal Goyal

Google News:

Recent News

Advanced Micro Devices (NASDAQ:AMD): Is the Dip Overdone?

NVIDIA (NASDAQ:NVDA): Is the AI Pullback Overdone?

Lucid Group (NASDAQ:LCID) Rebounds, but Can It Last?

Honeywell International (NASDAQ:HON) Faces A Crucial Test

Make Kalkine Media
My Trusted Source

Highlights

All necessary local permits and clearances have been received to begin the second aircore (AC) drilling campaign at Ibel South.

The program aims to extend and confirm the broad, shallow, and high-grade mineralised zones identified in the maiden campaign.

Termite mound gold anomalies near artisanal workings will be tested, subject to access.

Drilling is scheduled to begin in early November, with Forage Technique Eau reconfirmed as the contractor.

Ibel South lies within the highly prospective Kéniéba Inlier, a region hosting over 40 million ounces of gold in operating or developing mines.

Haranga Resources Limited (ASX:HAR) (FRA:65E0) has received all required local clearances and authorisations to commence its second aircore drilling campaign at the Ibel South Gold Project, located in southeastern Senegal.

The approvals include consent from the Department of Water and Forests for up to 4,000m of drilling across five planned lines, ensuring flexibility for the 3,000m program. Full support and formal approvals have also been granted by the Prefecture, Sub-Prefecture, and the Regional Directorate of Mines and Geology.

Details of the Second Drilling Program

The planned 3,000m drilling program will follow the maiden campaign that returned standout results, including:

20m @ 6.54 g/t Au from 12m (incl. 4m @ 14.64 g/t Au) in hole 25-IBS-AC-008
10m @ 6.35 g/t Au from 44m (incl. 6m @ 8.55 g/t Au, hole ended in mineralisation) in hole 25-IBS-AC-016
4m @ 14.83 g/t Au from 8m in hole 25-IBS-AC-017
25-IBS-AC-007: 4m @ 4.92 g/t Au from 4m,
25-IBS-AC-010: 8m @ 1.58 g/t Au from 24m.

The new program aims to test potential extensions to the existing 700m strike length and confirm the high-grade, broad and shallow zones discovered in the maiden AC program. Drilling will also target gold anomalies defined by termite mound sampling, particularly near artisanal workings that have not yet been drill tested, if access is secured.

Field preparations are currently underway, with drilling scheduled to commence in the first week of November 2025. The campaign will again be conducted by Forage Technique Eau (FTE), which successfully managed the first AC drilling program.

Sampling Strategy

Samples will be composited over 4m and sent to a certified laboratory for sample preparation and fire assay. Composite intervals showing elevated gold values will be re-analysed using single-metre samples for confirmation.

Strategic Importance of Ibel South

Following exceptional maiden drilling results, Haranga believes that the project could host a significant gold deposit. The project lies within the highly prospective Kéniéba Inlier of the Birimian Formation, a region that contains over 40 million ounces of gold in operating or developing mines.

HAR shares were trading at AUD 0.135 per share at the time of writing on 28 October 2025.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.