Paterson Resources Strikes Consistent Shallow Gold at Grace Project

Paterson Resources ( (AU:PSL) ) just unveiled an update.

Paterson Resources reported strong assay results from the first phase of an 8,500-metre drilling campaign at its Grace Gold-Copper Project, with 17 of 18 holes returning shallow, wide gold intercepts along a 1.3km strike. Key drill holes delivered multiple multi-gram gold intervals near surface and at depth, indicating a consistent mineralised system that remains open and underscores the project’s potential scale and importance within the company’s exploration portfolio.

The concentration of robust intercepts across the drilled corridor suggests a potentially significant underlying gold system that could materially enhance Paterson’s resource base if confirmed in subsequent phases. These results strengthen the company’s exploration credentials in the region and may support future investment and development decisions as further drilling tests the continuity and depth extent of the mineralisation.

More about Paterson Resources

Paterson Resources is an exploration-focused mining company active in Western Australia, targeting gold and copper deposits. The company’s flagship asset is the Grace Gold-Copper Project, where it is advancing a multi-phase drilling program to define shallow, high-grade mineralisation over a significant strike length.

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Current Market Cap: A$24.14M

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