Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Haranga Resources Limited ( (AU:HAR) ) has issued an announcement.
Haranga Resources has begun a 4,000-metre Phase 3 reverse circulation drilling campaign at its Ibel South Gold Project in Senegal, following strong aircore drilling and surface geochemical results that defined a high-grade, structurally controlled gold system. The programme, to be completed in about 25 days using dual day and night shifts, will target depth extensions at TMS Anomaly 3 and first-time testing of untested TMS Anomalies 1 and 2.
Previous drilling at Anomaly 3 delivered multiple high-grade intercepts, with several holes ending in mineralised greywacke, highlighting the need for deeper drilling down to 260–300 metres. With only around 800 metres of a five-kilometre anomalous corridor tested so far and drilling at the Lincoln project nearing completion, Haranga is advancing two high-grade gold projects in parallel, potentially strengthening its growth profile and regional gold exploration footprint.
More about Haranga Resources Limited
Haranga Resources Limited is an ASX- and Frankfurt-listed exploration company focused on high-grade gold projects, including the Ibel South Gold Project in Senegal and the Lincoln project. The company is targeting structurally controlled gold systems within Birimian greywacke and aims to expand its resource base along a multi-kilometre anomalous corridor.
Average Trading Volume: 1,206,160
Technical Sentiment Signal: Buy
Current Market Cap: A$60.02M
For a thorough assessment of HAR stock, go to TipRanks’ Stock Analysis page.