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North Stawell Minerals, Ltd. ( (AU:NSM) ) has shared an announcement.
North Stawell Minerals Ltd announced the results of their recent drilling program at the Wildwood Prospect. The drilling, which targeted potential gold mineralization in the Clontarf and Maslin areas, intersected expected alteration styles but did not yield significant gold grades. Despite the disappointing results, the findings indicate a persisting mineral system, suggesting potential for future exploration. The company is now focusing on the Darlington Prospect, another promising target in the early stages of exploration.
More about North Stawell Minerals, Ltd.
North Stawell Minerals Ltd is a company operating in the mining industry, focusing on gold exploration and development. Their primary activities are centered around the Stawell Gold Corridor in Victoria, Australia, where they engage in in-ground exploration to identify and expand gold resources.
YTD Price Performance: 131.25%
Average Trading Volume: 554,998
Technical Sentiment Signal: Sell
Current Market Cap: A$10.13M
For a thorough assessment of NSM stock, go to TipRanks’ Stock Analysis page.