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North Stawell Minerals, Ltd. ( (AU:NSM) ) has shared an announcement.
North Stawell Minerals Ltd has announced the commencement of a diamond drilling program at the Darlington Prospect in Western Victoria, following a significant high-grade gold intercept. The drilling aims to explore extensions of a quartz-sulphide vein with visible gold, indicating potential for a high-grade gold system. The Darlington Prospect is strategically located within a gold-prospective corridor, with geological similarities to the historic Mariners-style gold at Stawell, suggesting potential for further mineralization. This initiative could enhance the company’s position in the gold exploration sector and provide promising opportunities for stakeholders.
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 exploring gold-prospective structural corridors in Western Victoria, Australia, particularly around the Stawell Gold Mines area.
Average Trading Volume: 185,977
Technical Sentiment Signal: Sell
Current Market Cap: A$10.03M
For a thorough assessment of NSM stock, go to TipRanks’ Stock Analysis page.