New Age Exploration Identifies New Gold Targets at Wagyu Project

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

New Age Exploration Limited has completed additional geophysical surveys at its Wagyu Gold Project in Pilbara, Western Australia. These surveys have identified new gravity anomalies that suggest the presence of more gold-mineralized intrusions, enhancing geological connectivity across the project area. This development marks a significant step in the company’s exploration efforts, with a 3000-meter reverse circulation drilling program set to commence soon. The project is strategically located within a rapidly emerging gold corridor, adjacent to De Grey Mining’s substantial Hemi Gold deposit, positioning NAE favorably within the industry.

More about New Age Exploration Limited

New Age Exploration Limited operates in the mining industry, focusing primarily on gold exploration. The company is engaged in identifying and developing gold mineralization opportunities, with a significant project located in the Central Pilbara region of Western Australia.

Current Market Cap: A$9.7M

Learn more about NAE stock on TipRanks’ Stock Analysis page.