The latest update is out from New Age Exploration Limited ( (AU:NAE) ).
New Age Exploration Limited has commenced drilling at its Lammerlaw Project in New Zealand, targeting high-priority gold and antimony anomalies. This marks Phase 1 of a two-phase program aimed at testing nine high-priority targets identified through geochemical surveys and historical mining data. The project has significant mineralization potential, with historical production of high-grade stibnite and gold. The results from this drilling will guide the next phase of exploration, potentially impacting the company’s operations and shareholder value by unlocking high-grade mineral resources.
More about New Age Exploration Limited
New Age Exploration Limited (NAE) operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily targets gold and antimony, with a market focus on high-priority mineral projects.
Current Market Cap: A$11.97M
For an in-depth examination of NAE stock, go to TipRanks’ Stock Analysis page.