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3D Resources Limited ( (AU:ADG) ) has shared an update.
Adelong Gold has completed six diamond drillholes totaling 1,481.6 metres at the Comet prospect within its Lauriston Gold-Antimony Project, intersecting the Comet Shear in every hole and observing arsenic-rich halos and quartz-sulphide veining consistent with Victorian epizonal gold-arsenic-antimony systems. With assays pending, the company has now commenced diamond drilling at the nearby Yankee-Trojan prospect and signalled it is ready to expand the fully funded program with deeper and step-out drilling, as well as additional mapping and geochemical work, underscoring its strategic push to confirm a larger-scale gold system and potentially strengthen its exploration footprint in a highly prospective Victorian gold belt.
The most recent analyst rating on (AU:ADG) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on 3D Resources Limited stock, see the AU:ADG Stock Forecast page.
More about 3D Resources Limited
Adelong Gold Limited is an Australian-listed gold exploration company focused on advancing its Lauriston Gold-Antimony Project in Victoria. The company targets epizonal gold-antimony systems within the Fosterville Sub-Domain, exploring prospects such as Comet and Yankee-Trojan along a regionally significant structural trend that hosts some of Victoria’s major gold deposits.
Average Trading Volume: 9,845,949
Technical Sentiment Signal: Sell
Current Market Cap: A$23.1M
For detailed information about ADG stock, go to TipRanks’ Stock Analysis page.