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An announcement from Albion Resources Ltd. ( (AU:ALB) ) is now available.
Albion Resources Limited has announced promising results from its extensional drilling at the Collavilla Prospect within the Yandal West Gold Project. The latest assays reveal significant gold mineralization at depth, with additional silver and lead-zinc credits, suggesting the potential for further exploration. The results indicate that mineralization remains open at depth, encouraging deeper drilling. The company is also conducting regional exploration activities, including gravity and IP surveys, to validate the broader potential of the Ives Granite area. These developments position Albion favorably within the Yandal Greenstone Belt, enhancing its exploration prospects and potential value for stakeholders.
More about Albion Resources Ltd.
Albion Resources Limited operates in the mining industry, focusing on gold exploration and development. The company is strategically positioned in the Yandal Greenstone Belt in Western Australia’s Northeastern Goldfields, an area known for its rich mineral deposits. Albion’s primary focus is on the Yandal West Gold Project, where it explores for gold, silver, and base metals.
Average Trading Volume: 1,314,895
Technical Sentiment Signal: Buy
Current Market Cap: A$13.93M
For detailed information about ALB stock, go to TipRanks’ Stock Analysis page.