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Accelerate Resources Ltd. ( (AU:AX8) ) has issued an update.
Accelerate Resources Limited has commenced an aircore drilling program at its Balagundi Gold Project, targeting extensions along the Paris Gift Trend. This initiative follows recent reverse circulation drilling and aims to uncover high-grade gold targets, with results expected in early 2026. The project, located near major gold operations, offers strong discovery potential and could significantly enhance the company’s exploration portfolio.
More about Accelerate Resources Ltd.
Accelerate Resources Limited is a company operating in the mining industry, focusing on gold exploration. Its primary project is the Balagundi Gold Project located in the Norseman–Wiluna belt of Western Australia, an area known for significant gold operations. The company targets high-grade gold systems with potential for significant discoveries.
Technical Sentiment Signal: Sell
Current Market Cap: A$5.82M
For detailed information about AX8 stock, go to TipRanks’ Stock Analysis page.