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An announcement from Paterson Resources ( (AU:PSL) ) is now available.
Paterson Resources Limited has announced the commencement of an 8,500-meter Reverse Circulation drilling program at its Grace Gold Project in the Paterson Province. The drilling aims to extend high-grade gold lodes discovered in previous explorations and upgrade the current inferred mineral resource to a JORC compliant indicated mineral resource estimate. This initiative is expected to add significant value to the project and contribute to ongoing scoping studies, reinforcing Paterson’s strategic positioning in a region with significant gold-copper resources.
More about Paterson Resources
Paterson Resources Limited is a company operating in the mining industry, focusing on gold and copper exploration. The company is actively engaged in the Paterson Province, a region known for its rich mineral deposits, and is involved in the development of the Grace Gold-Copper Project.
YTD Price Performance: 91.67%
Average Trading Volume: 1,471,541
Technical Sentiment Signal: Hold
Current Market Cap: A$10.49M
For detailed information about PSL stock, go to TipRanks’ Stock Analysis page.