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Firetail Resources Limited ( (AU:M79) ) has issued an announcement.
New diamond drilling assays from the Buster Trend delivered shallow, high-grade gold intercepts and geological evidence pointing to a large Carlin-style system, prompting Mammoth to redeploy RC drilling with improved turnaround times to chase both extensional and newly modelled targets. Concurrently, the company has expanded the Blue Dick Zone by over 5 km², extending the mineralised corridor beyond 3.5 km and identifying multiple untested parallel trends, bolstering its pipeline of precious-metal prospects within the enlarged 88 km² land package.
The most recent analyst rating on (AU:M79) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Firetail Resources Limited stock, see the AU:M79 Stock Forecast page.
More about Firetail Resources Limited
Mammoth Minerals Limited is an ASX-listed explorer focused on gold and silver discoveries in Nevada, targeting Carlin-style systems within the Excelsior Gold Project and silver-polymetallic mineralisation across the Blue Dick trend.
Average Trading Volume: 494,998
Technical Sentiment Signal: Buy
Current Market Cap: A$64.27M
For a thorough assessment of M79 stock, go to TipRanks’ Stock Analysis page.