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Firetail Resources Limited ( (AU:M79) ) has provided an announcement.
Mammoth Minerals Limited has accelerated its drilling program at the Excelsior Gold-Silver Project in Nevada with the addition of a second diamond drill rig, aiming to deliver a maiden Mineral Resource Estimate by the fourth quarter of 2025. The company has completed a property-wide magnetics survey and is conducting underground channel sampling to refine its targeting approach, which could potentially delineate high-grade mineralization domains, enhancing its exploration and development strategy.
More about Firetail Resources Limited
Mammoth Minerals Limited is a gold-focused exploration company operating primarily in the USA. The company is dedicated to commercializing its portfolio to support the development of its gold assets, with a particular focus on the Excelsior Gold-Silver Project in Nevada.
Average Trading Volume: 1,037,633
Technical Sentiment Signal: Buy
Current Market Cap: A$79.12M
For an in-depth examination of M79 stock, go to TipRanks’ Overview page.