Enegex (ASX: $ENX) secures new exploration license

Enegex Limited (ASX: $ENX) has announced the grant of Exploration Licence E70/6591, covering the Rocky Ridge gold prospect. The 53.6km2 license, contiguous with Enegex's Perenjori Project, bolsters the Company's strategic tenure position in the West Yilgarn metals province of Western Australia.

Executive Commentary on Rocky Ridge Gold Prospect

The grant of Exploration Licence E70/6591 covering the Rocky Ridge gold prospect is a significant development for Enegex. We see excellent potential for exploration to reveal new bedrock gold mineralization at the prospect. Our plans to commence initial on-ground evaluation in the coming weeks demonstrate our commitment to unlocking the full potential of this promising area.

Summary of Enegex's Announcement

Enegex (ASX: $ENX) has secured a new Exploration License covering the Rocky Ridge gold prospect, strengthening its strategic tenure position in the West Yilgarn metals province. The Company plans to commence initial on-ground evaluation in the coming weeks, aiming to reveal new bedrock gold mineralization at the prospect. Additionally, the Three Springs Project, expected to be granted in the coming months, holds promising aeromagnetic features largely unexplored for gold, presenting several priority gold targets for follow-up auger sampling and exploration activity.