Discovery Alaska Strikes Gold with Vinasale Lease
Company Announcements

Discovery Alaska Strikes Gold with Vinasale Lease

Discovery Alaska Limited (AU:DAF) has released an update.

Discovery Alaska Limited has secured a significant Mining Lease Agreement for the Vinasale Gold Project in Alaska, indicating a major step forward in their growth strategy. The project boasts a historic inferred resource of 22 million tonnes at 1.53g/t yielding 1.08 million ounces of gold and an indicated resource of 2.29 million tonnes at 1.84g/t for 135,000 ounces, with the potential for expansion as the mineralization remains open. The company is gearing up to initiate comprehensive exploration and development programs to capitalize on this opportunity.

For further insights into AU:DAF stock, check out TipRanks’ Stock Analysis page.

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