Matador Mining Ltd (AU:AAM) has released an update.
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AuMEGA Metals Ltd reports promising results from its first phase of diamond drilling at Central Zone in Newfoundland, extending gold mineralization at high-grade Zones 04 and 41. Notable intercepts include 3.62 g/t gold over seven meters and 5.74 g/t gold over one meter, with potential for resource growth both at depth and along strike. The company is poised for further exploration after intersecting a new geological feature similar to the Window Glass Hill Granite, indicating additional targets.
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