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The latest update is out from 3D Resources Limited ( (AU:ADG) ).
Adelong Gold has completed a broad-spaced auger soil sampling program over roughly 11km along the Strathbogie Granite contact at its Apollo Gold-Antimony Project, collecting 218 samples to test for extensions of historical surface geochemical anomalies near the Meade’s and Woolf’s/Falk’s open cuts. The new assay results confirm and extend historical gold-in-soil anomalism by about 200 metres to the south, including a peak soil result of 259 ppb gold south of the Woolfe’s/Falk prospect, reinforcing the interpretation of a larger, largely untested mineralised system and prompting plans for infill soil and rock-chip sampling and a potential follow-up drilling campaign that could materially influence future exploration strategy and project scale.
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 gold exploration company focused on advancing its 100%-owned Apollo Gold-Antimony Project in Victoria. The company targets gold and associated antimony mineralisation, particularly around historic workings such as Meade’s and Woolf’s/Falk’s, leveraging modern exploration over historically mined areas to expand its resource base.
Average Trading Volume: 9,324,409
Technical Sentiment Signal: Sell
Current Market Cap: A$23.1M
Find detailed analytics on ADG stock on TipRanks’ Stock Analysis page.