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
An update from Mount Hope Mining Ltd. ( (AU:MHM) ) is now available.
Mount Hope Mining has reported strong Phase 2 reverse circulation drilling results from its Mt Solitary prospect in New South Wales, highlighted by an intercept of 6 metres at 17.9 grams per tonne gold from 55 metres that contained visible gold. Additional significant intercepts, including 15 metres at 3.9 grams per tonne and 17 metres at 3.2 grams per tonne, have extended the mineralised zones along strike and down dip, reinforcing the high-grade nature and continuity of the system.
The results materially expand the mineralised footprint at Mt Solitary and support the company’s evolving geological and structural model, identifying new exploration search space to the south-east of historic workings. With permits already in place, Mount Hope is planning a Phase 3 drilling program aimed at further extensional and infill drilling, positioning the project as an increasingly important gold target within the MS2 Gold Corridor and potentially enhancing its appeal to investors and strategic partners.
More about Mount Hope Mining Ltd.
Mount Hope Mining Limited is an Australian gold exploration company listed on the ASX, focused on advancing its 100%-owned Mt Hope Project in New South Wales. The company is targeting high-grade gold mineralisation within the Mt Solitary prospect and the broader MS2 Gold Corridor, using staged drilling programs to expand and define its resource potential.
Average Trading Volume: 341,162
Technical Sentiment Signal: Sell
See more data about MHM stock on TipRanks’ Stock Analysis page.