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S2 Resources Begins Drilling at Warraweena Project

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S2 Resources Begins Drilling at Warraweena Project

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S2 Resources ( (AU:S2R) ) has shared an announcement.

S2 Resources Ltd has commenced its initial drilling program at the Warraweena project in northern New South Wales, targeting six selected gold and base metal anomalies. The drilling, expected to take two months, aims to identify the rock types causing these anomalies to guide future exploration efforts. This initiative, along with a nearly completed gravity survey, is part of S2’s strategy to enhance its stake in the project, which could reach up to 80% in collaboration with Oxley Resources. The outcomes of this exploration could significantly impact S2’s operations and its positioning within the mining industry, potentially offering new opportunities for mineral extraction.

More about S2 Resources

S2 Resources Ltd is a company involved in the exploration and development of mineral resources, focusing primarily on gold and base metals. The company operates in the mining industry and is actively engaged in projects that aim to discover and exploit valuable mineral deposits.

Average Trading Volume: 938,910

Technical Sentiment Signal: Buy

Current Market Cap: A$52.65M

See more data about S2R stock on TipRanks’ Stock Analysis page.

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