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The latest announcement is out from Kin Mining NL ( (AU:PTN) ).
Patronus Resources Limited, a company engaged in gold exploration, has announced promising results from its recent Reverse Circulation (RC) drilling at the Iron King and Cardinia Gold Projects in Western Australia. The drilling program, which included 20 holes for a total of 1,904 meters, confirmed gold mineralization at both prospects, validating targets identified in previous aircore drilling. Notable intercepts were recorded at the Scallop and Crystal Ridge prospects, with the Scallop target showing potential for further exploration due to its significant strike length and proximity to existing resources. These results enhance Patronus Resources’ exploration portfolio in the Leonora region, indicating potential for resource growth and a larger mineralized system.
More about Kin Mining NL
Average Trading Volume: 1,458,838
Technical Sentiment Signal: Sell
Current Market Cap: A$90.06M
See more insights into PTN stock on TipRanks’ Stock Analysis page.