Taiton Resources initiates large scale ultra-fine soil sampling program

Taiton Resources Limited (ASX: $T88) has commenced a large scale ultra-fine soil sampling program across the Garfield, Snoopy, and Pluto prospects within the Highway project in central South Australia. The program aims to target molybdenum, gold, and NI-Cu-PGE mineralisation. This expanded exploration follows the company's initial focus on the Merino prospect for molybdenum mineralisation at Highway. The reconnaissance ultra-fine soil sampling program is the first step in assessing multiple styles of mineralisation, including precious and base metals, and rare earth elements. The program is expected to be completed by the end of March.

Executive Director Noel Ong's perspective on the exploration endeavors

Today's release to the market reflects our continuing focus on mineral deposit discovery within our projects, particularly the Highway project. Our team is systematically working through all our projects, including Challenger West, to identify and demonstrate the potential for polymetallic mineral systems. The three prospect areas are just the beginning of our search within the greater expanse of the Highway project. In 2024, our exploration focus will remain on Highway and Challenger West, while we prepare our production pathway at the recently acquired Kingsgate High-Grade Molybdenum and High-Purity Quartz project in New South Wales. We are committed to updating the market as we progress with our exploration endeavors in 2024.

Assessment of the ultra-fine soil sampling program and future outlook

Taiton Resources Limited has initiated a large scale ultra-fine soil sampling program across the Garfield, Snoopy, and Pluto prospects within the Highway project in South Australia. The program aims to assess the polymetallic prospectivity of the area, targeting molybdenum, gold, and NI-Cu-PGE mineralisation. The company's Executive Director, Noel Ong, emphasized the continuous focus on mineral deposit discovery and the potential for polymetallic mineral systems within the Highway project. Taiton Resources plans to maintain its exploration focus on Highway and Challenger West in 2024, while also preparing for production at the recently acquired Kingsgate High-Grade Molybdenum and High-Purity Quartz project in New South Wales. The completion of the ultra-fine soil sampling program by the end of March marks an important milestone in the company's expanded exploration efforts, reflecting its commitment to identifying and demonstrating the mineral potential within its projects.