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New Age Exploration Limited ( (AU:NAE) ) has provided an update.
New Age Exploration Limited has successfully raised $3.75 million to fund exploration activities at its Wagyu and Lammerlaw gold projects. The capital raising was well-received by investors, highlighting the potential of the Wagyu project to host significant gold resources similar to the nearby Hemi gold deposit. The funds will be used for extensive drilling campaigns to expand gold mineralization at both sites, with significant news flow expected as the projects progress.
More about New Age Exploration Limited
New Age Exploration Limited is a company engaged in the exploration and development of mineral resources, focusing primarily on gold projects. The company is actively involved in the Wagyu Gold Project in Central Pilbara, Western Australia, and the Lammerlaw Gold Project in Otago, New Zealand.
Current Market Cap: A$8.12M
Find detailed analytics on NAE stock on TipRanks’ Stock Analysis page.