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Kin Mining NL ( (AU:PTN) ) just unveiled an update.
Patronus Resources Limited announced a maiden Exploration Target for the Merlin Prospect, part of the Cardinia Gold Project in Western Australia. The target indicates a potential of 50,000 to 500,000 ounces of gold, enhancing the Mertondale East corridor’s potential as an emerging gold camp. Recent drilling results show promising shallow gold intercepts, and further exploration is planned. This development supports Patronus’s strategy of targeting high-grade resources within the Mertondale Project area, with potential for a district-scale mineralized system.
More about Kin Mining NL
Patronus Resources Limited is a company operating in the mining industry, focusing on gold exploration and development. Their primary project is the Cardinia Gold Project located in Western Australia, where they are actively exploring and developing gold resources.
Average Trading Volume: 1,744,564
Technical Sentiment Signal: Buy
Current Market Cap: A$114.6M
For an in-depth examination of PTN stock, go to TipRanks’ Overview page.