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North Stawell Minerals, Ltd. ( (AU:NSM) ) just unveiled an update.
North Stawell Minerals Ltd has commenced a diamond drilling program at its Darlington Project in Victoria, Australia, following promising results from earlier drilling that identified a new high-grade gold zone. The project is part of a larger exploration effort in a geologically significant corridor north of the Stawell Gold Mines, with potential for significant gold mineralization similar to historic mines in the region. The company has secured $2.1 million to fund its exploration programs, which are crucial for its strategic focus on expanding its gold resource base.
More about North Stawell Minerals, Ltd.
North Stawell Minerals Ltd is a mining company focused on gold exploration and development. It operates primarily in the Stawell Zone in Victoria, Australia, with a key focus on exploring the Darlington-Caledonia trend for high-grade gold deposits.
Average Trading Volume: 175,760
Technical Sentiment Signal: Buy
Current Market Cap: A$11.71M
For a thorough assessment of NSM stock, go to TipRanks’ Stock Analysis page.