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Santana Minerals Ltd. ( (AU:SMI) ) has issued an announcement.
Santana Minerals Ltd. has reported strong assay results from its ongoing drilling program at RAS North, which demonstrate the continuity of high-grade gold mineralization within the HG1 domain. The drilling aims to upgrade inferred material to indicated status and potentially expand underground resources. Additionally, results from the RINA sterilization drill program confirm the fertility of the Rise and Shine Shear Zone as a significant gold system, with large portions remaining untested, indicating further exploration potential.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.85 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
More about Santana Minerals Ltd.
Santana Minerals Ltd. operates in the mining industry, focusing on gold exploration and development. The company is engaged in identifying and expanding high-grade gold mineralization zones, with a market focus on enhancing resource estimates and supporting mining infrastructure development.
Average Trading Volume: 1,347,548
Technical Sentiment Signal: Buy
Current Market Cap: A$640.1M
For detailed information about SMI stock, go to TipRanks’ Stock Analysis page.