New Age Exploration Completes Phase 1 Drilling and Secures Key Permit in Otago

New Age Exploration Limited ( (AU:NAE) ) has issued an announcement.

New Age Exploration Limited has completed its Phase 1 drilling program at the Lammerlaw Gold and Antimony Project in Otago, New Zealand, despite challenging conditions. The program involved drilling five holes to test high-priority gold and antimony targets, with further exploration planned for Phase 2. Additionally, the company has secured an exploration permit for EP 61110 Waipori, enhancing its presence in the Otago Schist Belt, a region known for significant gold deposits. This strategic expansion positions NAE to further explore and potentially capitalize on the mineralized systems in the area.

More about New Age Exploration Limited

New Age Exploration Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include gold and antimony, with a market focus on expanding its exploration footprint in the Otago region of New Zealand.

Current Market Cap: A$10.64M

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