Fin Resources hits broad high-grade gold zone in first Cabin Lake drillhole

Fin Resources Limited ( (AU:FIN) ) has shared an announcement.

Fin Resources has reported what it describes as exceptional initial drilling results from the Arrow prospect at its Cabin Lake Gold Project in Canada’s Northwest Territories, with the first hole intersecting a broad zone of near-surface, high-grade, sulphide-hosted gold mineralisation. The hole returned 26.2 metres at 12 grams per tonne gold from 14.88 metres within a wider 36.12-metre interval grading 8.96 grams per tonne, featuring multiple subparallel high-grade zones and strong internal grade continuity.

The company said the mineralisation appears robust, laterally extensive and non-nuggety, with multiple assays above 10 grams per tonne and a peak value of 34.6 grams per tonne, reinforcing confidence in the scale and consistency of the Cabin Lake system. Further assay results from additional drilling at the Arrow, Beaver and Andrew South targets are expected in the coming weeks, positioning Fin Resources to build momentum in defining the overall size and continuity of the project’s gold mineralisation and potentially enhancing its profile within the gold exploration sector.

More about Fin Resources Limited

Fin Resources Limited is an ASX-listed exploration company focused on gold projects, with its flagship Cabin Lake Gold Project located in Canada’s Northwest Territories. The company is targeting structurally controlled, sulphide-hosted gold systems, aiming to define high-grade, laterally extensive mineralisation that can support a sizeable resource in a competitive gold exploration market.

Average Trading Volume: 4,605,535

Technical Sentiment Signal: Sell

Current Market Cap: A$16.11M

For detailed information about FIN stock, go to TipRanks’ Stock Analysis page.