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An announcement from Avira Resources Ltd ( (AU:AVW) ) is now available.
Avira Resources has confirmed significant high-grade gold mineralisation at its Mt Cattlin Gold Project in Western Australia, following a comprehensive validation of historical drilling data. The work highlights exceptional grades at the Sirdar and Maori Queen prospects and confirms mineralisation across four key prospects along the so-called New Zealand Trend, which remains open at depth and along strike.
The company has designed reverse-circulation drill programs for Maori Queen and Sirdar, with additional testing planned at Plantagenet and Ellendale to support a maiden mineral resource estimate targeted for late 2026. These steps mark a clear pathway from historical results to a defined resource, potentially enhancing Avira’s project pipeline and reinforcing Mt Cattlin’s status as a serious emerging gold asset in a tier-one mining jurisdiction.
The most recent analyst rating on (AU:AVW) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Avira Resources Ltd stock, see the AU:AVW Stock Forecast page.
More about Avira Resources Ltd
Avira Resources Ltd is an Australian exploration company focused on gold, with key assets in Western Australia’s Goldfields-Esperance region. The company holds mineral rights at the Mt Cattlin Gold Project, adjacent to the Mt Cattlin lithium mine, where it is targeting high-grade intrusive-related and shear-hosted gold systems across multiple prospects.
Average Trading Volume: 1,556,071
Technical Sentiment Signal: Sell
Current Market Cap: A$6.3M
For detailed information about AVW stock, go to TipRanks’ Stock Analysis page.