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Odin Metals Ltd ( (AU:G11) ) has shared an update.
G11 Resources has commenced diamond drilling at its 100%-owned Sedgwick project in Tasmania, targeting the Zig Zag copper-gold prospect adjacent to the Mt Lyell mine along the Great Lyell fault. The initial 2,400-metre program is designed to test a CSAMT geophysical anomaly interpreted to sit in a structurally favourable position for mineralisation beneath Zig Zag hill, with drilling from technically challenging pads at the base of the hill supported by contractors capable of directional drilling and down-hole electromagnetics to identify off-hole conductors, underscoring a significant exploration push that could enhance the project’s prospectivity if successful.
More about Odin Metals Ltd
G11 Resources Limited is an Australian mineral exploration company focused on copper and gold, with a key asset being its 100%-owned Sedgwick project in Tasmania’s Mt Read Volcanic Belt, a region that hosts major operations such as the Mt Lyell copper-gold mine and the Rosebery polymetallic mine.
Average Trading Volume: 154,543
Technical Sentiment Signal: Buy
Current Market Cap: A$43.12M
For a thorough assessment of G11 stock, go to TipRanks’ Stock Analysis page.