Haranga Resources Advances Lincoln Drilling Toward JORC Upgrade

Haranga Resources Limited (ASX:HAR) has made strong progress at its Lincoln Gold Project in California, completing key preparatory work and resuming underground diamond drilling to convert the existing 958,910 tonne NI 43-101 resource (~286koz Au at 4.2g/t cut-off) into a JORC-compliant estimate targeted for Q1 2026. The program tests the high-grade Lincoln-Comet system while exploring for deeper repetitions below the known mineralisation.

Underground access secured

Haranga fulfilled Milestones A and B of its Seduli share sale agreement by dewatering the Stringbean Alley Decline and mobilising Swick Mining Services’ Gen II rig for ~2,200–2,500m across 21 holes. The on-site water treatment plant meets environmental standards, and underground electrical upgrades support safe operations. Drilling restarted at Cross Cut 4 (XC4) in early January 2026 after weather delays, with 760.5m across 10 holes nearing completion showing good lode continuity.

High-grade potential confirmed

Initial core from XC4 validates the mineralised structures, with assays pending. The program focuses on spatial testing first, then higher-grade zones to assess nugget effects, followed by deep holes for extensions. Historical data and prior spend position Lincoln for rapid advancement using existing decline infrastructure, offering cost-efficient development in California’s Mother Lode belt.

Next milestones ahead

Assay results from the current phase are due soon, supporting the Q1 JORC MRE delivery. Success could unlock partnerships or funding for the fully permitted project. Parallel work at Ibel South in Senegal adds diversification. Haranga’s dual jurisdiction strategy targets resource growth and near-term catalysts amid strong gold prices.

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