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Accelerate Resources Ltd. ( (AU:AX8) ) has issued an update.
Accelerate Resources Limited has announced the identification of high-impact gold targets at its Kanowna East Gold Project near Kalgoorlie, Western Australia. The company plans to commence drilling in the second quarter of 2025, following advancements in geological interpretation and strategic data analysis. These efforts have led to the definition of significant new high-priority gold targets, including extensions to paleochannel gold and potential bedrock sources. This development is part of a broader strategy to enhance the potential for gold discovery and strengthen the company’s position in the gold exploration sector.
More about Accelerate Resources Ltd.
Accelerate Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in gold exploration, with a significant market focus on projects located in Western Australia.
YTD Price Performance: -9.09%
Average Trading Volume: 1,219,006
Technical Sentiment Signal: Buy
Current Market Cap: A$4.72M
Learn more about AX8 stock on TipRanks’ Stock Analysis page.
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