S2 Resources Begins Strategic Drilling at Glenlogan, Strengthens Position Near ASX300 Terrains

June 25, 2025 10:48 AM AEST | By Team Kalkine Media

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S2 Resources Begins Strategic Drilling at Glenlogan, Strengthens Position Near ASX300 Terrains — Image source: shutterstock

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Highlights

S2 Resources begins drilling for gold-copper targets at Glenlogan

Project aligns with prospects near major ASX300 zones

S2 can earn up to 80% in project from Legacy Minerals

S2 Resources (ASX:S2R) has kicked off a focused drilling initiative at the Glenlogan Project, operated by Legacy Minerals (ASX:LGM), located in New South Wales' prolific Lachlan Fold Belt. This exploration marks a significant step in investigating high-potential geophysical anomalies associated with gold-copper mineralisation.

The program is set to span four to six weeks and will include a single drillhole measuring between 600 to 800 meters. The results from this phase are anticipated approximately a month after the program concludes.

The current drill target has been selected based on encouraging signatures of porphyry-style gold-copper systems, as indicated in recent geophysical surveys. Notably, a prior drillhole ended with signs of mineralisation that included gold, copper, bismuth, arsenic, and tellurium — indicators commonly associated with porphyry and epithermal deposits.

Importantly, S2 Resources is directing attention to what it believes is the northeastern boundary of a porphyry intrusion. This feature appears geologically consistent with systems found nearby, including the Spur prospect, controlled by Waratah Minerals (ASX:WTM). The geological parallels to existing mineralised zones enhance the appeal of the Glenlogan region.

Under the terms of an earn-in agreement, S2 Resources has the potential to secure up to 80% ownership in the Glenlogan Project. The site’s proximity to world-class operations, such as the Cadia deposits owned by Newmont (ASX:NEM), adds further strategic value. Cadia is one of the most significant producers in the region, underscoring the importance of this emerging exploration ground.

S2 Resources continues to reinforce its commitment to exploring high-value gold and base metal prospects, both domestically and internationally. The Glenlogan drilling initiative represents a carefully selected opportunity to expand its exploration footprint and potentially discover large-scale mineral systems.

While S2 Resources is not currently listed in the ASX300, its exploration activities take place in regions where several ASX300-listed entities operate. This situates the company strategically among emerging and established mining zones, enhancing its long-term growth prospects and relevance within Australia's mining landscape.

As exploration progresses, results from this drill campaign could shape the future trajectory of the Glenlogan Project, while also strengthening S2 Resources’ foothold in one of Australia’s most mineral-rich belts.

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