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An announcement from New Age Exploration Limited ( (AU:NAE) ) is now available.
New Age Exploration has appointed veteran geologist Kirby Johnson as chief executive officer, strengthening its leadership as it advances a portfolio of gold and silver assets. Johnson, who brings more than 35 years of global exploration and corporate experience including senior roles at BHP, replaces outgoing executive director Joshua Wellisch, who will assist with the transition.
The company recently completed a 4,034m reverse circulation drill program at its Wagyu Gold Project near the Hemi deposit in the Pilbara, with initial assays supporting an intrusion-related gold system and confirming broad zones of moderate-grade mineralisation. NAE has also acquired the Wallah Silver Project in the Lachlan Fold Belt, gaining low-cost exposure to a historically high-grade silver system with multiple drill-ready targets, and says it remains well funded to progress exploration across Wagyu, its New Zealand gold assets and Wallah.
The most recent analyst rating on (AU:NAE) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on New Age Exploration Limited stock, see the AU:NAE Stock Forecast page.
More about New Age Exploration Limited
New Age Exploration Limited is an Australia-based mineral exploration company focused on gold and silver projects. Its portfolio includes the Wagyu Gold Project in Western Australia’s Pilbara region, gold assets in New Zealand, and now the Wallah Silver Project in New South Wales’ Lachlan Fold Belt, positioning the company in well-known precious metals districts.
Current Market Cap: A$21.03M
Learn more about NAE stock on TipRanks’ Stock Analysis page.