The latest update is out from North Stawell Minerals, Ltd. ( (AU:NSM) ).
North Stawell Minerals Ltd has commenced diamond drilling at its Darlington Project, located in the Stawell Gold Corridor, Victoria. This drilling targets the down-plunge continuation from the historic Darlington Mine, aiming to intersect a basalt at depth, which could indicate significant exploration potential. The program is fully funded and follows a previous drilling initiative at Wildwood, with results pending. The company’s efforts are part of a broader strategy to explore and potentially replicate the successful gold mineralization found in the Stawell region, which could enhance its industry positioning and offer substantial benefits to stakeholders.
More about North Stawell Minerals, Ltd.
North Stawell Minerals Ltd is a company operating in the mining industry, focusing on gold exploration. The company is engaged in exploring the Stawell Gold Corridor in Victoria, Australia, aiming to identify and develop gold deposits similar to the multimillion-ounce ore deposit at Stawell.
YTD Price Performance: 45.00%
Average Trading Volume: 381,039
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$7.91M
See more data about NSM stock on TipRanks’ Stock Analysis page.