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The latest update is out from Sipa Resources Limited ( (AU:AUV) ).
Auravelle Metals Limited, operating in the gold exploration industry, has announced promising results from its initial aircore drilling at the Crown Gold Project near Kalgoorlie, Western Australia. The drilling has confirmed extensive areas of supergene gold anomalism, extending over 2km, and identified multiple targets for further exploration. The project benefits from its proximity to existing significant gold deposits and infrastructure, enhancing its potential for new discoveries. Further drilling is planned to explore these targets in more depth, which could potentially impact the company’s operations and market positioning positively.
More about Sipa Resources Limited
Average Trading Volume: 2,179,911
Technical Sentiment Signal: Buy
Current Market Cap: A$9.96M
For a thorough assessment of AUV stock, go to TipRanks’ Stock Analysis page.