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Nickelx Ltd ( (AU:SMX) ) just unveiled an announcement.
Strata Minerals Limited has completed its maiden three-hole diamond drilling program at the Penny South Gold Project, aiming to explore the southern extension of the mineralized system associated with high-grade gold deposits nearby. Although no significant gold assays were returned, the drilling confirmed key stratigraphic and structural relationships, indicating significant potential for a new gold discovery in the area. The company plans further exploration to test multiple high-priority targets, with the next phase of exploration already underway.
More about Nickelx Ltd
Strata Minerals Limited is a company operating in the mining industry, focusing on gold exploration and development. Their primary project is the Penny South Gold Project in Western Australia, which is strategically located near high-grade gold deposits owned by Ramelius Resources. The company is committed to expanding its exploration efforts to discover new gold resources in this promising region.
Average Trading Volume: 836,950
Technical Sentiment Signal: Hold
Current Market Cap: A$6.19M
See more data about SMX stock on TipRanks’ Stock Analysis page.