Metalicity Limited (AU:MCT) has released an update.
Metalicity Limited has announced a successful start to their drilling program at the Pennyweight Point prospect within the Yundamindra Gold Project, hitting a notable 30m gold intercept grading 3.86 g/t, the best in over a decade. The mineralization remains open, with more assays from additional holes expected soon, signaling potential for further discoveries in the region known for its historical gold production. The project’s strategic location near Leonora and accessible infrastructure adds to the company’s optimism about the site’s value amid rising gold prices.
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