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Santana Minerals Ltd. ( (AU:SMI) ) has shared an announcement.
Santana Minerals Ltd has announced promising results from its ongoing drilling at the Rise and Shine (RAS) deposit. The latest assays reveal high-grade gold mineralization extending beyond current pit designs, suggesting significant upside potential. These findings include the discovery of a new parallel zone of mineralization outside the existing resource model, which could enhance the company’s resource estimates and operational prospects.
More about Santana Minerals Ltd.
Santana Minerals Ltd is a company involved in the mining industry, primarily focusing on the exploration and development of gold deposits. The company is listed on both the Australian Securities Exchange (ASX) and the New Zealand Exchange (NZX) under the ticker SMI.
Average Trading Volume: 1,630,492
Technical Sentiment Signal: Buy
Current Market Cap: A$393.9M
For detailed information about SMI stock, go to TipRanks’ Stock Analysis page.