Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
An announcement from Kin Mining NL ( (AU:PTN) ) is now available.
Patronus Resources Limited, a company focused on gold exploration, has announced promising results from its Cardinia Gold Project in Western Australia. The latest diamond drilling at the Koi Exploration Target confirms the down-plunge continuation of high-grade mineralization, suggesting significant potential for resource growth below the existing Mertondale 3-4 deposit. The results indicate a total strike length of 180 meters, with mineralization remaining open along strike and down-plunge, prompting further drilling in the coming quarter. This development is expected to enhance the company’s resource potential and strengthen its position in the gold exploration industry.
More about Kin Mining NL
Average Trading Volume: 1,465,826
Technical Sentiment Signal: Sell
Current Market Cap: A$94.97M
For a thorough assessment of PTN stock, go to TipRanks’ Stock Analysis page.