North Stawell Minerals, Ltd. (AU:NSM) has released an update.
North Stawell Minerals, Ltd. reported a challenging quarter, focusing on capital raising to accumulate $0.985M for continued operations and extending the life of their EL5443 tenement for another five years. Despite delays in drilling Southern Wildwood and Darlington due to funding, the company has made significant progress in geological understanding and planning for over 45,000 meters of future drilling. They are also actively exploring merger and acquisition opportunities to enhance their gold project portfolio.
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