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The latest update is out from North Stawell Minerals, Ltd. ( (AU:NSM) ).
North Stawell Minerals has reported significant progress in its exploration activities at the Darlington Prospect, with renewed diamond drilling and promising high-grade gold intercepts. The company has also completed a regional soils program and grab sampling, indicating potential for high-grade gold systems. Additionally, North Stawell has successfully raised $2.02 million through a placement and entitlement offer, strengthening its financial position and signaling market confidence in its long-term growth potential. The company is well-funded to continue its exploration programs, focusing on the high-grade gold potential along the Darlington-Caledonia trend.
More about North Stawell Minerals, Ltd.
North Stawell Minerals Ltd is a company operating in the mining industry, primarily focused on gold exploration and development. The company is engaged in the exploration of gold systems in the Stawell Gold Corridor, Victoria, Australia, with a particular focus on high-grade gold potential at the Darlington Prospect.
Average Trading Volume: 200,425
Technical Sentiment Signal: Buy
Current Market Cap: A$13.05M
See more insights into NSM stock on TipRanks’ Stock Analysis page.