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Patronus Resources Reports Promising Drilling Results at WA Gold Projects

Story Highlights
  • Patronus Resources announced promising results from RC drilling at WA projects.
  • Drilling confirmed gold mineralization, enhancing exploration portfolio and growth potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Patronus Resources Reports Promising Drilling Results at WA Gold Projects

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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.

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