New Age Exploration Limited (AU:NAE) has released an update.
New Age Exploration Limited has recently completed the first phase of drilling and sampling at its Wagyu Gold Project in Western Australia, covering 7,640 meters across 156 holes. The company is now awaiting assay results from over 2,100 samples to confirm gold presence and plans to commence Phase 2 of drilling within the next two weeks. The Wagyu Project is strategically located near De Grey Mining’s significant Hemi Gold deposit, raising prospects for gold discovery.
For further insights into AU:NAE stock, check out TipRanks’ Stock Analysis page.
