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An update from Accelerate Resources Ltd. ( (AU:AX8) ) is now available.
Accelerate Resources has uncovered outstanding high-grade historical drilling results at its Woodie Woodie North Manganese Project, including multiple near-surface intercepts above 30% manganese and several intervals exceeding 50%. These results from the El Largo, Gingarrigan and Area 42 zones corroborate recent high-grade surface sampling and indicate strong potential for economically attractive, high-grade manganese bodies.
The company has also identified numerous untested high-grade surface targets across the broader project area, creating immediate follow-up opportunities as it plans a mid-year drilling campaign. Heritage surveys with traditional owners are being finalised to secure access, positioning Accelerate to rapidly advance exploration in a key Pilbara manganese district and potentially enhance its strategic standing in the region.
More about Accelerate Resources Ltd.
Accelerate Resources Ltd is an Australian exploration company focused on manganese assets in the East Pilbara region of Western Australia. The company is advancing its Woodie Woodie North Manganese Project, targeting high-grade, near-surface mineralisation with potential for direct shipping ore in the Pilbara Manganese Field.
Technical Sentiment Signal: Sell
Current Market Cap: A$6.07M
See more data about AX8 stock on TipRanks’ Stock Analysis page.