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An announcement from S2 Resources ( (AU:S2R) ) is now available.
S2 Resources has struck a deal to earn up to a 75% interest in the Loch Lilly-Kars project in far‑western New South Wales, securing exposure to a 955 square kilometre, largely concealed greenfields belt considered prospective for polymetallic volcanogenic massive sulphide, porphyry copper-gold, orogenic gold and magmatic nickel-copper deposits. Partnering with San Antonio Exploration, a company linked to renowned geologist Professor Tony Crawford, S2 will explore the underdrilled Loch Lilly-Kars Belt using targeted geophysics and follow-up drilling, positioning itself for potential tier-one discoveries in a geological setting likened to Tasmania’s Mt Read and Victoria’s Stavely volcanic belts, which host several world-class base and precious metal deposits.
The most recent analyst rating on (AU:S2R) stock is a Hold with a A$0.07 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 an Australian mineral exploration company focused on discovering and advancing greenfields opportunities across multi-commodity mineral belts. The company targets prospective but underexplored terrains using modern geophysical and drilling techniques to identify copper, gold, nickel and other polymetallic deposits, often through farm-in and joint venture arrangements with specialist private explorers.
Average Trading Volume: 745,436
Technical Sentiment Signal: Sell
Current Market Cap: A$36.12M
Learn more about S2R stock on TipRanks’ Stock Analysis page.