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An announcement from New Age Exploration Limited ( (AU:NAE) ) is now available.
New Age Exploration Limited has announced the successful completion of its maiden Reverse Circulation drilling program at the Lammerlaw Gold Project in New Zealand. The drilling has confirmed the presence of shear zone-hosted gold mineralization, analogous to the Macraes deposit, with significant intersections of gold, tungsten, and arsenic. This marks a critical milestone for the company, supporting their exploration strategy and indicating the potential for a significant gold system at Lammerlaw. The results are promising for future drilling and resource definition, positioning NAE strategically within the industry.
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. The company is particularly involved in the exploration of gold mineralization, with a market focus on identifying and developing projects with significant geological potential.
Current Market Cap: A$9.47M
For a thorough assessment of NAE stock, go to TipRanks’ Stock Analysis page.