tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Premier1 Lithium to Launch Drilling at High-Priority Mt Kersey Gold Prospect in WA

Story Highlights
  • Premier1 is starting a 3,700-metre RC drilling campaign at the high-priority Mt Kersey Gold Prospect in mid-February.
  • The fully owned Yalgoo project drilling targets a preserved 1km hydrothermal system, aiming to expand gold resources while limiting cash costs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Premier1 Lithium to Launch Drilling at High-Priority Mt Kersey Gold Prospect in WA

Claim 50% Off TipRanks Premium

The latest update is out from SensOre Ltd ( (AU:PLC) ).

Premier1 Lithium will commence a 3,700-metre reverse circulation drilling campaign in mid-February at the high-priority Mt Kersey Gold Prospect within its wholly owned Yalgoo Gold Project in Western Australia. The drill program will test a preserved, kilometre-scale hydrothermal system defined by gold and multi-element soil anomalies and supported by high-grade rock chip samples, targeting potential extensions to known mineralisation near the shallow Wadgingarra resource. With regulatory approvals, site preparations, state exploration funding and a drilling credit in place, the initiative advances Premier1’s strategy to build a larger gold hub at Yalgoo while materially reducing cash outlays, potentially enhancing the project’s scale and the company’s regional position if significant new mineralisation is confirmed.

The most recent analyst rating on (AU:PLC) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on SensOre Ltd stock, see the AU:PLC Stock Forecast page.

More about SensOre Ltd

Premier1 Lithium Limited is an ASX-listed exploration company focused on gold and lithium, with a growing footprint in Western Australia. Following the completion of its 100% acquisition of the Yalgoo Gold Project in the Yalgoo–Singleton Greenstone Belt, the company now controls 266 square kilometres of gold-mineralised tenements strategically located between major producers Ramelius Resources and Capricorn Metals, anchored by its Wadgingarra Maiden Inferred gold resource.

Technical Sentiment Signal: Sell

Current Market Cap: A$7.24M

Learn more about PLC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1