S2 Resources Ltd. (AU:S2R) has released an update.
S2 Resources Ltd has announced the completion of its first deep drill hole at the Glenlogan project, encountering a variety of igneous rocks and alteration zones indicative of a potential copper-gold porphyry system. The hole reached a final depth of 1,354.7 metres, intersecting rocks such as monzodiorites and gabbros, which are consistent with the magnetic anomalies identified as possible sources for copper and gold. This exploratory drilling could signal a significant discovery, aligning with the geological features of known deposits in the region.
For further insights into AU:S2R stock, check out TipRanks’ Stock Analysis page.
