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Firetail Resources Limited ( (AU:FTL) ) has issued an update.
Firetail Resources Limited has announced significant advancements in its Excelsior Gold Project in Nevada, highlighting the potential extension of the Buster Trend to over 5km and the identification of the parallel Ghost Trend. The company has utilized geophysical data to identify new exploration opportunities, including potential gold mineralization conduits and intrusion-related targets. Field mapping and sampling have uncovered undocumented exploration adits, presenting new drilling targets. The initial diamond drilling program is set to commence in August, aiming to extend previously identified high-grade gold mineralization, thereby enhancing the project’s discovery potential.
More about Firetail Resources Limited
Firetail Resources Limited operates in the mining industry, focusing on the exploration and development of gold projects. The company is engaged in identifying and expanding gold mineralization opportunities, particularly in high-grade gold projects located in tier-1 locations.
Average Trading Volume: 491,166
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$34.96M
For an in-depth examination of FTL stock, go to TipRanks’ Overview page.