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Ordell Minerals Ltd ( (AU:ORD) ) has provided an announcement.
Ordell Minerals Limited announced promising results from its recent drilling activities at the Barimaia Gold Project, confirming extensive gold mineralization at the McNabs East Prospect. The findings highlight the potential for open pit mining, with significant gold intersections and ongoing exploration efforts planned to further delineate the resource. These developments reinforce Ordell’s strategic positioning in a tier-one mining jurisdiction and could enhance shareholder value through increased gold production potential.
More about Ordell Minerals Ltd
Ordell Minerals Limited is a company operating in the mining industry, primarily focusing on gold exploration and extraction. The company holds a significant interest in the Barimaia Gold Project located in the Murchison district of Western Australia, a region known for its favorable mining conditions and proximity to several gold processing plants.
YTD Price Performance: -10.61%
Average Trading Volume: 615,794
Technical Sentiment Consensus Rating: Strong Sell
For an in-depth examination of ORD stock, go to TipRanks’ Stock Analysis page.
