Nex Metals Explorations Ltd (AU:NME) has released an update.
Metalicity Limited has completed a 33-hole, approximately 3,000-meter drilling program at its 80% owned Yundamindra Gold Project, targeting the promising Pennyweight Point and Landed at Last prospects. The project is noted for its historical high-grade intersections and has strategic value due to its high-grade gold close to the surface and proximity to underutilized mills. With gold prices at a record high, the company anticipates the assay results and is preparing for the next phase of drilling.
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