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The latest announcement is out from Australasian Metals Limited ( (AU:A8G) ).
Australasian Metals Limited has identified significant chargeability anomalies at the May Queen Gold Project through an IP geophysical survey, indicating potential for shallow-depth gold mineralization. The discovery of a silicified breccia zone and additional old shallow workings strengthens the company’s confidence in the project’s potential, warranting further drill testing.
More about Australasian Metals Limited
Australasian Metals Limited is a company operating in the mining industry, focusing on the exploration and development of gold and copper resources. Their primary project is the May Queen Gold Project, located in the Brovinia goldfield in Queensland, Australia.
Average Trading Volume: 41,680
Technical Sentiment Signal: Sell
Current Market Cap: A$4.17M
Learn more about A8G stock on TipRanks’ Stock Analysis page.