Ora Gold Ltd. ( (AU:NMG) ) just unveiled an update.
New Murchison Gold Limited has announced a significant finding of visible gold in a diamond drill core at its Crown Prince Gold Project, part of the Garden Gully Gold Project. The discovery, located at a depth of 252 meters, is the deepest example of gold mineralization in the south-eastern zone and suggests potential for further resource expansion. The ongoing drilling program aims to explore mineralization beyond the current resource estimate, with assay results expected in two to three weeks. This development could enhance the company’s resource base and strengthen its position in the gold mining sector.
More about Ora Gold Ltd.
New Murchison Gold Limited (NMG) operates in the mining industry, focusing on gold exploration and development. The company is primarily involved in projects such as the Garden Gully Gold Project near Meekatharra, Western Australia, and is listed on the ASX under the code NMG.
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €42.48M
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