Raptor Advances Chester Drilling as Geological Results Support Resource Growth

The latest announcement is out from Eastern Metals Limited ( (AU:RAP) ).

Raptor Metals has advanced its 2,200m diamond drilling campaign at the Chester Project in New Brunswick, completing 12 of 15 planned HQ holes and preparing three additional PQ metallurgical holes. Geological logging from the latest drilling aligns with historical data and earlier holes, showing consistent lithology and mineralisation styles that enhance understanding of the deposit’s structure.

The program is designed to validate historical assay data, collect metallurgical samples, refine structural models and test infill and extensions of the existing mineral resource for potential expansion. Core processing is under way, with samples to be dispatched for assaying in the coming weeks, and the company expects the results to inform future exploration and potential resource growth in this established mining district.

The most recent analyst rating on (AU:RAP) stock is a Sell with a A$0.05 price target. To see the full list of analyst forecasts on Eastern Metals Limited stock, see the AU:RAP Stock Forecast page.

More about Eastern Metals Limited

Raptor Metals Ltd is an ASX-listed mineral exploration company focused on the Chester Project in New Brunswick, Canada, within a well-known volcanogenic massive sulphide district. The company is targeting massive sulphide mineralisation and aims to validate and expand a JORC-compliant mineral resource, supported by good local infrastructure and year-round access.

Average Trading Volume: 9,929,436

Technical Sentiment Signal: Buy

Current Market Cap: A$30.7M

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