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Pan Asia Metals Ltd. ( (AU:FLG) ) has issued an update.
Flagship Minerals Limited has identified further expansion opportunities at its Pantanillo Gold Project in Chile, following a review of the dataset acquired from Anglo American Norte SpA. The data reveals robust widths and compelling down dip opportunities, with many drill holes ending in mineralization. This presents potential for expanding nearer surface mineralization and identifying higher grade zones, some with silver. The company is fast-tracking the conversion of the current 1.05Moz Au foreign estimate to a Mineral Resource Estimate in accordance with the JORC Code 2012, which could significantly impact its operations and industry positioning.
More about Pan Asia Metals Ltd.
Flagship Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in gold mining, with a significant project located at the Pantanillo Gold Project in Chile. Flagship Minerals is listed on the Australian Securities Exchange (ASX) under the ticker FLG.
Average Trading Volume: 314,939
Technical Sentiment Signal: Buy
Current Market Cap: A$25.08M
For a thorough assessment of FLG stock, go to TipRanks’ Stock Analysis page.