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S2 Resources Ltd. ( (AU:S2R) ) has issued an announcement.
S2 Resources Ltd has identified a potential drill target at its Glenlogan copper-gold project through a geophysical survey combining tensor induced polarisation and magnetotelluric methods. This discovery indicates possible alteration and mineralization associated with a discrete intrusive body, enhancing the project’s prospectivity and positioning S2 Resources for further exploration success. The company plans to conduct a detailed dipole-dipole induced polarisation survey to pinpoint the location for a potential drillhole, which could have significant implications for their operations and stakeholder interests.
More about S2 Resources Ltd.
S2 Resources Ltd is a company focused on the exploration and development of mineral resources, particularly targeting copper and gold deposits. The company operates in the mining industry and aims to acquire a significant interest in projects with the potential for substantial mineralization.
Average Trading Volume: 246,451
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$31.7M
For an in-depth examination of S2R stock, go to TipRanks’ Stock Analysis page.