What was the major announcement from Haranga Resources (ASX:HAR) regarding the Lincoln Gold Project?

Haranga Resources confirmed high-grade gold mineralisation repetitions and significant depth extensions at its flagship Lincoln Gold Project following a 3,250-metre underground diamond drilling program.

What were the standout drilling results from the Lincoln-Comet zone?

The drilling campaign yielded several high-grade intercepts, notably 4.8 metres at 25.40 g/t gold and 2.4 metres at 48.84 g/t gold. Surface intercepts also showed high density, including 2.6 metres at 31.2 g/t gold.

Why is the "open at depth" confirmation important for HAR shareholders?

Deep-tier drilling confirmed mineralised structures extend more than 150 metres below the current mine decline, reaching depths of at least 328.5 metres. This means the gold system does not stop where previous work ended, providing a "vector" or roadmap for discovering more high-grade ore.

What is a JORC-compliant Mineral Resource Estimate and why does Haranga need one?

A JORC-compliant Mineral Resource Estimate (MRE) is a professional confidence standard used in Australia to report mineral findings to the market. Haranga is currently working to convert an older 2015 foreign estimate of roughly 286,000 ounces of gold into this modern framework.

When can investors expect the maiden JORC resource for Haranga Resources?

Haranga Resources expects to release the maiden JORC-compliant MRE for the Lincoln-Comet and Medean areas by mid-May 2026. The company is currently awaiting final assay results from four remaining holes to complete the data set.

How is Haranga Resources (ASX:HAR) upgrading its site infrastructure?

The company is currently dewatering underground areas and re-establishing essential services to support expanded operations. A key addition is the installation of a new Mobile Power Centre, which will provide the necessary energy for future drilling and development activities.

Haranga Resources hits gold extensions at Lincoln Project

Written by Jon CuthbertPublished May. 4 2026Last Updated May. 4 2026

Haranga Resources (ASX:HAR) announced high-grade gold repetitions and depth extensions at its flagship Lincoln Gold Project.

The company recently finalised a 3,250-metre HQ underground diamond drilling campaign focused on the Lincoln-Comet zone, yielding results that reinforce the project’s high-grade profile.

Standout intercepts included 4.8m at 25.40 grammes per tonne of gold from 36.4m, and a remarkable 2.4-metre hit grading 48.84 g/t of gold from 37.7m.

Additional surface intercepts, including 2.6m at 31.2 g/t gold, further highlight the density of the mineralised system.

Deep-tier drilling via holes DDH0280 and DDH0281 has confirmed that the mineralised quartz lode and shear-zone structures remain open at depth, extending more than 150m below the current decline.

The discovery provides a clear vector for higher-grade repetition lodes, suggesting substantial long-term growth potential beyond the current mine plan.

These findings pave the way for an imminent maiden JORC-compliant mineral resource estimate, expected by mid-May.

The update will look to convert the existing 2015 foreign estimate—currently sitting at approximately 286,000 ounces of gold—into the modern JORC framework.

While awaiting final assays from four remaining holes, Haranga is modernising site infrastructure, including the installation of a new mobile power centre.

At the time of reporting, Haranga Resources’ share price was $0.14.