Key Highlights

  • Famien Resources (ASX:FMN) shares finished the 6 November 2026 session at $0.11, down 12.00%.
  • A 3,672-metre RC program was completed on three targets along the 5-kilometre Bonougbara Trend.
  • Gold mineralisation was intersected in nearly all holes, including 2 metres at 4.43 g/t gold from 71 metres.

During the Trading session on 6 November 2026, Famien Resources Limited (ASX:FMN) shares finished at $0.11, down 12.00%, while the S&P/ASX 200 fell 0.49% to 9,020.80. Famien is a gold exploration company with its main project at the Gogo Permit in Côte d'Ivoire. Its latest update is the quarterly activities report dated 27 October 2026.

Latest Development: Quarterly Report (27 October 2026)

The company completed a 3,672-metre RC drill program on three targets within the 5-kilometre Bonougbara Trend, with gold mineralisation intersected in nearly all holes. Southern target results included 3 metres at 5.61 g/t gold from 44 metres, and 23 metres at 0.64 g/t gold from 37 metres.

Northern target results included 8 metres at 0.94 g/t gold from 94 metres, with 4 metres at 1.69 g/t within that interval.

About the Company

Famien explores for gold in West Africa, and its Gogo Permit is one of its key exploration areas.

Sector Context

Gold exploration in West Africa involves permitting, community and logistics factors. Drilling results often show variable grades between holes, so continuity must be confirmed by further work.

Risks to Watch

Several intersections are narrow or low grade, and the results may not indicate a resource. Political and operational conditions in the Jurisdiction can affect timelines, and further funding will be required.

What Lies Ahead

Investors will be watching for follow-up drilling on the Bonougbara Trend, assay confirmation and any resource or metallurgical work.

Final Word

The quarterly report sets out drilling results across several targets. Follow-up work will determine whether the grades and widths justify further evaluation.