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Buxton Resources nears key EM target at Madman copper-gold project in Western Australia

Market News
06 Oct 2026
Proactive Investors
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Bullish
Buxton Resources nears key EM target at Madman copper-gold project in Western Australia

Buxton Resources is advancing its drilling at the Madman copper-gold project in Western Australia, approaching a significant electromagnetic conductor target between 600 and 700 meters deep. The drill hole MD004DD, currently around 500 meters down, aims to intersect this conductor, which lies outside previously tested areas and is part of a larger hydrothermal system. Recent assay results from earlier holes support the presence of a structurally controlled hydrothermal system with promising gold and copper mineralization. Drilling is expected to complete by mid-October, despite weather-related delays, potentially unlocking one of the project's highest-priority targets.

Buxton Resources' drilling progress at the Madman copper-gold project provides context for readers interested in basic materials. For readers following this sector, here is Pluang's market snapshot as of Oct 07, 2026 07:02 WIB: out of 38 priced Basic Materials-sector US stocks, 26 rose and 11 fell today. LIN (Linde PLC) traded at USD 491.90 with a 1-day change of +1.97% and a typical hold time of 88 days, contrasting with ALB (Albemarle Corp.) at USD 106.42, +1.96%, held typically for 51 days, and B (Barrick Gold Corp) at USD 40.78, +1.95%, held for 55 days. Pluang order activity shows LIN with a majority sell bias (55% Sell), ALB heavily sold (95% Sell), and B mostly bought (68% Buy).

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