Gullewa Limited (AU:GUL) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Central Iron Ore Limited, in which Gullewa Limited has a 37% stake, has announced satisfactory QAQC results for 2,812 samples from its 2023 Q4 South Darlot Gold Project. The assay interpretation suggests significant mineralisation at the Mermaid deposit, with notable intercepts that indicate the potential for further expansion of the mineralised lode. The company plans further drilling to explore the extent of the mineralisation both at depth and laterally.
For further insights into AU:GUL stock, check out TipRanks’ Stock Analysis page.