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Ordell Minerals Ltd ( (AU:ORD) ) just unveiled an update.
Ordell Minerals Limited has initiated a major ~8,000m drilling program at the Barimaia Gold Project in Western Australia, targeting the McNabs East Prospect. This program aims to capitalize on previous high-grade gold results to expand the known gold mineralization zones and enhance the company’s exploration footprint. The drilling effort, consisting of reverse circulation, diamond, and air-core drilling, seeks to define and extend the gold mineralized system, potentially increasing the project’s scale and attractiveness in the gold market, which is currently benefiting from high Australian Dollar gold prices.
More about Ordell Minerals Ltd
Ordell Minerals Limited is a company engaged in the mining industry, focusing on the exploration and development of mineral resources. Its primary focus is on gold projects, particularly in Western Australia, with the Barimaia Gold Project being a key area of interest.
YTD Price Performance: 13.64%
Average Trading Volume: 197,828
Technical Sentiment Consensus Rating: Strong Sell
See more insights into ORD stock on TipRanks’ Stock Analysis page.
