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The latest announcement is out from New Age Exploration Limited ( (AU:NAE) ).
New Age Exploration Limited has announced the confirmation of Hemi-style quartz diorite intrusives at its Wagyu Gold Project, located within the same mineralisation corridor as the significant Hemi Gold Project. The petrographic and geochemical analyses indicate a strong correlation between gold mineralisation and arsenic, as well as key sericite alteration, enhancing the exploration model and supporting future drilling programs. This development positions the company to potentially leverage the geological similarities with the nearby Hemi deposit, thereby strengthening its exploration strategy and potential resource base.
More about New Age Exploration Limited
New Age Exploration Limited is a company operating in the mining industry, focusing on exploration and development of mineral resources. Its primary focus is on gold exploration, particularly in the Pilbara region of Western Australia.
Current Market Cap: A$8.12M
For an in-depth examination of NAE stock, go to TipRanks’ Overview page.