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North Stawell Minerals, Ltd. ( (AU:NSM) ) just unveiled an announcement.
North Stawell Minerals has reported encouraging results from the final hole (NSD061) of its current diamond drilling campaign at the Darlington prospect, confirming multiple gold intercepts on a key basalt contact at the Darlington West target, 130 metres west of the main Darlington trend. The mineralisation, which remains open along strike and down-dip and closely resembles the basalt-margin gold system at the nearby Stawell mine, validates the company’s use of geophysics and numerical modelling to predict structurally focused gold-bearing zones, strengthening confidence that similar modelled targets across its 60km basalt corridor may host significant mineralisation and enabling more targeted, cost-efficient exploration ahead of a planned air-core program to extend shallow mineralisation in Q1 2026.
The most recent analyst rating on (AU:NSM) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on North Stawell Minerals, Ltd. stock, see the AU:NSM Stock Forecast page.
More about North Stawell Minerals, Ltd.
North Stawell Minerals Ltd (ASX:NSM) is a gold exploration company focused on a 455 km² tenement package immediately north of the Stawell Gold Mines operation in Victoria, Australia. The company targets Stawell-style, multi-million-ounce gold systems preserved beneath a thin cover of unmineralised sediments, with current exploration centred on the Darlington and Caledonia prospects within the highly prospective Browns Trend basalt corridor.
Average Trading Volume: 117,367
Technical Sentiment Signal: Sell
Current Market Cap: A$11.21M
For a thorough assessment of NSM stock, go to TipRanks’ Stock Analysis page.