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Patronus Resources Posts Strong Quarter on High-Grade Gold and Uranium Hits

Story Highlights
  • Patronus reported strong gold drilling results at Cardinia and Mertondale, extending mineralisation and confirming broad, well-mineralised zones.
  • In the Northern Territory, new gold anomalies and high-grade uranium hits, backed by $74.6m cash, bolster Patronus’s growth outlook.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Patronus Resources Posts Strong Quarter on High-Grade Gold and Uranium Hits

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Kin Mining NL ( (AU:PTN) ) just unveiled an update.

Patronus Resources reported a strong December 2025 quarter, highlighted by encouraging drilling results across its Western Australian and Northern Territory projects and a solid cash position of $74.6 million. At the Cardinia Gold Project, follow-up reverse circulation drilling at the Guppy prospect delivered significant gold intercepts and identified over 1km of untested strike for drilling in early 2026, while at the Mertondale Project new high-grade results at Merlin and Gargamel extended mineralisation beyond existing Resources and metallurgical drilling confirmed broad, well-mineralised zones. In the Northern Territory, surface sampling at Pine Creek outlined multiple large-scale gold anomalies and diamond drilling at the Thunderball prospect returned exceptional high-grade uranium intersections, collectively underscoring the growth potential of Patronus’s gold and uranium portfolio and reinforcing its momentum heading into 2026.

The most recent analyst rating on (AU:PTN) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Kin Mining NL stock, see the AU:PTN Stock Forecast page.

More about Kin Mining NL

Patronus Resources Limited is an Australian exploration company focused on gold and uranium, with key assets in Western Australia’s North-Eastern Goldfields and the Northern Territory’s Pine Creek Orogen. Its flagship Cardinia Gold Project in WA hosts a 1.0Moz gold Mineral Resource across Cardinia East and Mertondale, while in the NT it holds 1,500km² of tenure with a 0.3Moz gold Resource at Fountain Head and significant zinc, lead, silver and gold Resources at Iron Blow and Mt Bonnie. The company is well funded, supporting ongoing exploration and strategic investments across its portfolio.

Average Trading Volume: 1,352,231

Technical Sentiment Signal: Buy

Current Market Cap: A$113.9M

See more insights into PTN stock on TipRanks’ Stock Analysis page.

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