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Kin Mining NL ( (AU:PTN) ) has issued an update.
Patronus Resources has continued its extensive exploration activities, notably at the Mertondale Gold Project in Western Australia, where significant drilling intercepts have been reported. The company is poised to release an updated Mineral Resource Estimate in early 2025. In the Northern Territory, Patronus has secured approvals for its Fountain Head Gold Project and is reprocessing historical data to support further resource estimations. The company remains financially robust with substantial cash reserves, thus supporting its ongoing exploration and development initiatives.
More about Kin Mining NL
Patronus Resources Limited is a company operating in the mineral exploration industry, with a focus on gold, base metals, and uranium. The company is actively engaged in exploration programs in Western Australia and the Northern Territory, with major projects including the Cardinia Gold Project, which has significant gold resources, and the Pine Creek Uranium Project, known for its valuable mineral deposits.
YTD Price Performance: 14.00%
Average Trading Volume: 1,087,615
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$93.33M
Learn more about PTN stock on TipRanks’ Stock Analysis page.
