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Golden Mile Resources Ltd. ( (AU:G88) ) has provided an update.
Golden Mile Resources Ltd announced the successful completion of its maiden drilling program at the Pearl Copper Project in Arizona, USA. The drilling campaign, which marked the company’s first in the United States, intersected visible copper carbonate mineralisation at both the Odyssey and Ford Prospects, with five of seven holes at Odyssey and two of three at Ford showing mineralisation. This marks the first drill testing since mining ceased in 1942, and assay results are expected by the end of June 2025. The announcement highlights the potential for broader multi-element mineralisation, which could impact the company’s operations and industry positioning positively.
More about Golden Mile Resources Ltd.
Golden Mile Resources Ltd is a project development and mineral exploration company focused on a multi-asset and multi-commodity strategy. The company aims to grow through the advancement of core projects, acquisition of high-quality assets, and forming tactical alliances with joint venture partners.
Average Trading Volume: 2,859,198
Technical Sentiment Signal: Sell
Current Market Cap: A$7.08M
See more data about G88 stock on TipRanks’ Stock Analysis page.
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