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Ordell Minerals Ltd ( (AU:ORD) ) has issued an update.
Ordell Minerals Limited has announced significant assay results from its recent drilling activities at the Barimaia Gold Project in Western Australia. The company has identified shallow gold mineralization at the McNabs East Prospect, with promising results indicating potential for open pit mining. The ongoing exploration program aims to extend the known gold mineralization, with further drilling planned and results from additional assays expected soon. This development could enhance Ordell’s position in the gold mining sector and potentially benefit stakeholders by increasing resource estimates and future production capabilities.
More about Ordell Minerals Ltd
Ordell Minerals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary product is gold, and it is actively engaged in exploration projects in Western Australia, particularly in the Murchison region.
Average Trading Volume: 142,404
Technical Sentiment Signal: Sell
Learn more about ORD stock on TipRanks’ Stock Analysis page.