Fin Resources Set to Begin Maiden Drilling at High-Grade Cabin Lake Gold Project in Canada

Fin Resources Limited ( (AU:FIN) ) just unveiled an update.

Fin Resources will launch a 1,500-metre maiden drilling program at its high-grade Cabin Lake Gold Project in Canada’s Northwest Territories in early March, following rapid progress since announcing the acquisition. The company has appointed Aurora Geosciences to manage the winter campaign, is constructing an ice road and camp infrastructure, and will use oriented diamond core and downhole geophysics to verify historical high-grade intercepts and test new greenfields targets within the Bugow Iron Formation under JORC-compliant QA/QC protocols. Legal due diligence on the acquisition has been completed, key agreements with the vendor and royalty holder are in place, and the mineral claim has been transferred to Fin’s Canadian subsidiary, with final completion of the transaction expected once the Land Use Permit assignment is approved, positioning the company to accelerate resource definition and potentially strengthen its foothold in the North American gold exploration sector.

The most recent analyst rating on (AU:FIN) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Fin Resources Limited stock, see the AU:FIN Stock Forecast page.

More about Fin Resources Limited

Fin Resources Limited is an ASX-listed exploration company focused on advancing mineral projects, with a current strategic emphasis on high-grade gold exploration at the Cabin Lake Gold Project in Canada’s Northwest Territories. The company targets structurally controlled gold mineralisation within iron formation-hosted systems, seeking to delineate significant resources through modern drilling, geophysics and rigorous technical work.

Average Trading Volume: 2,562,625

Technical Sentiment Signal: Sell

Current Market Cap: A$14.79M

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