New Age Exploration Limited (AU:NAE) has released an update.
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New Age Exploration Limited has expanded its investment portfolio with the acquisition of the Wagyu Gold Project in Central Pilbara, which is positioned in a prolific gold region and shows promise for significant gold deposits. The company has initiated extensive geophysical and geochemical exploration to delineate drill targets and has already begun on-site surveys and sampling, with drilling operations to follow. Furthermore, NAE reported having A$2.194m in cash reserves as of the end of March 2024.
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