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Shree Minerals Ramps Up Drilling and Expands Gold Portfolio Across Key WA Belts

Story Highlights
  • Shree Minerals has launched a major 20,000m drilling campaign at its Central Yilgarn gold and base metals targets.
  • The company acquired Beasley Creek, advanced Laverton assays, and updated governance to support future growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shree Minerals Ramps Up Drilling and Expands Gold Portfolio Across Key WA Belts

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Shree Minerals Limited ( (AU:CTN) ) just unveiled an announcement.

Shree Minerals’ Central Yilgarn Project advanced with the start of Phase 1 of a roughly 20,000m drilling program, combining reverse‑circulation and aircore drilling across multiple priority targets at the Evanston and Yerilgee greenstone belts to refine geological models in historically mineralised zones. The company also completed the acquisition of the Beasley Creek Gold Project in the Pilbara, where an independent review confirmed strong potential for shear‑hosted orogenic gold along the Mithgoondy Shear Zone and identified the Flamingo Prospect as a drill‑ready priority, while at its Laverton Halo Project new assay results extended gold mineralisation that remains open, and corporate actions included a board change, shareholder approval of an updated constitution, and alignment of governance and capital management settings with current regulatory requirements.

The most recent analyst rating on (AU:CTN) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Shree Minerals Limited stock, see the AU:CTN Stock Forecast page.

More about Shree Minerals Limited

Shree Minerals Limited is an Australian exploration company focused on gold and base metals, with projects in key Western Australian greenstone belts including the Central Yilgarn, Pilbara Craton (Beasley Creek) and Laverton. Its portfolio targets underexplored mineralised corridors prospective for gold, nickel, lithium and rare earth elements, positioning the company to benefit from both precious and critical minerals demand.

Average Trading Volume: 680,361

Technical Sentiment Signal: Sell

Current Market Cap: A$15.6M

See more data about CTN stock on TipRanks’ Stock Analysis page.

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