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North Stawell Minerals, Ltd. ( (AU:NSM) ) just unveiled an announcement.
North Stawell Minerals has completed a diamond drilling program at two key targets, Wildwood and Darlington, in the Stawell Corridor. The drilling at Darlington revealed a high-grade mineralised zone with significant potential, reminiscent of the historic Mariners Mines, which could transform NSM’s exploration efforts. While the Wildwood drilling encountered the right geological conditions, it did not yield significant gold grades. The company continues to collaborate with CSIRO to enhance its understanding of mineralisation pathways and remains committed to advancing its projects despite capital challenges, aiming to deliver value to shareholders.
More about North Stawell Minerals, Ltd.
North Stawell Minerals, Ltd. operates in the mining industry, focusing on gold exploration and development. The company is primarily involved in the North Stawell Gold Project, targeting high-grade mineralisation in the Stawell Corridor, Victoria, Australia.
YTD Price Performance: 100.0%
Average Trading Volume: 650,191
Technical Sentiment Signal: Sell
Current Market Cap: A$10.95M
For an in-depth examination of NSM stock, go to TipRanks’ Stock Analysis page.