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Scorpion Minerals Limited ( (AU:SCN) ) just unveiled an announcement.
Scorpion Minerals Limited has completed an initial phase of Reverse Circulation (RC) drilling at its Pharos Gold Project in the Murchison region of Western Australia, totaling 1691 meters across 35 holes. The drilling program aims to follow up on historic drilling results and test high-grade gold targets, with assays expected soon. The company plans further drilling in late August at additional prospects, supported by a strong gold price environment, to enhance its exploration efforts and potentially boost its market position.
More about Scorpion Minerals Limited
Scorpion Minerals Limited is a company operating in the mining industry, focusing on gold exploration and development. Its primary projects are located in the Murchison region of Western Australia, with a significant landholding along the Dalgaranga–Big Bell shear corridor. The company is committed to expanding its exploration activities in this highly prospective area.
Average Trading Volume: 652,485
Technical Sentiment Signal: Sell
Current Market Cap: A$9.43M
See more data about SCN stock on TipRanks’ Stock Analysis page.