S2 Resources Reports Promising Drilling Results Amid Project Delays

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

S2 Resources Ltd has received assay results from its reconnaissance aircore drilling at the Yeungroon project in Victoria, revealing a consistent gold-arsenic anomalous trend. The company is also facing delays in its Glenlogan project due to access issues, with drilling rescheduled for June. Assay results from the Fosterville project are expected in July. These developments highlight S2’s ongoing efforts to expand its exploration activities and potentially enhance its resource base, which could strengthen its position in the mineral exploration industry.

The most recent analyst rating on (AU:S2R) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on S2 Resources stock, see the AU:S2R Stock Forecast page.

More about S2 Resources

S2 Resources Ltd is a company engaged in the exploration and development of mineral resources, with a focus on gold and copper projects. The company is actively involved in projects in Victoria and New South Wales, Australia, aiming to discover and develop valuable mineral deposits.

Average Trading Volume: 706,132

Technical Sentiment Signal: Sell

Current Market Cap: A$41.21M

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