SensOre Ltd ( (AU:PLC) ) has issued an update.
Premier1 Lithium Limited has announced the mobilization of an RC drilling rig to commence a 3,000-meter drilling program at its Yalgoo Project, targeting high-grade gold mineralization in the Wadgingarra area. This initiative marks the first significant drill testing for gold since the late 1980s, aiming to explore extensions of known gold occurrences and previously untested zones. The program seeks to capitalize on the area’s strong gold prospectivity, which has been largely overlooked due to limited historical exploration beyond shallow depths. This strategic move is expected to enhance the company’s exploration portfolio and potentially uncover additional gold resources, strengthening its position in the mining industry.
More about SensOre Ltd
Premier1 Lithium Limited operates in the mining industry, focusing on exploration and development of mineral resources, particularly lithium and gold. The company is engaged in identifying and exploring high-grade mineral prospects, with a market focus on expanding its resource base in underexplored areas.
YTD Price Performance: 10.0%
Average Trading Volume: 7,760,195
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$4.05M
See more data about PLC stock on TipRanks’ Stock Analysis page.