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The latest update is out from North Stawell Minerals, Ltd. ( (AU:NSM) ).
North Stawell Minerals Ltd announced promising results from its recent drilling program at the Darlington West target, part of its North Stawell Project. The drill hole NSD058 revealed multiple gold intercepts, including a significant 0.5m at 6.01 g/t Au, indicating potential for Stawell-type mineralisation. This success supports the company’s predictive modelling techniques, suggesting that other targets within its tenement package may also host significant mineralisation. The results enhance the company’s exploration strategy, potentially reducing time and costs while increasing the likelihood of discovering large gold deposits.
More about North Stawell Minerals, Ltd.
North Stawell Minerals Ltd is a company focused on gold exploration, operating in the highly gold-prospective corridor north of Stawell Gold Mines in Victoria, Australia. The company’s primary focus is on identifying potential multi-million-ounce gold deposits, particularly at its Wildwood and Darlington targets.
Average Trading Volume: 678,644
Technical Sentiment Signal: Buy
Current Market Cap: A$11.77M
See more data about NSM stock on TipRanks’ Stock Analysis page.
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