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Native Mineral Resources Advances Blackjack Gold Project with Positive Drilling Results

Story Highlights
  • Native Mineral Resources confirms shallow gold mineralisation at its Blackjack project.
  • The company plans to restart gold production by Q3 CY2025, validating historical data.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Native Mineral Resources Advances Blackjack Gold Project with Positive Drilling Results

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Native Mineral Resources Holdings Ltd. ( (AU:NMR) ) has issued an announcement.

Native Mineral Resources Holdings Ltd. has announced further positive assay results from its ongoing drilling program at the Blackjack Gold Project in Queensland. The results confirm shallow gold mineralisation, supporting plans to restart gold production by Q3 CY2025. The drilling program aims to validate historical data to JORC 2012 standards, with the project located close to the Blackjack processing plant. The company is on track with refurbishment efforts, enhancing confidence in achieving its production and growth strategy.

More about Native Mineral Resources Holdings Ltd.

Native Mineral Resources Holdings Limited (ASX: NMR) is an exploration company focused on mineral resources, particularly gold, with operations in Queensland, Australia. The company is advancing its Blackjack Gold Project, aiming to restart gold production by Q3 CY2025.

YTD Price Performance: 70.0%

Average Trading Volume: 1,508,642

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$48.51M

See more insights into NMR stock on TipRanks’ Stock Analysis page.

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