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An announcement from Sunshine Gold Ltd ( (AU:SHN) ) is now available.
Sunshine Metals Ltd has reported significant progress in its gold exploration projects in north Queensland for the quarter ended June 30, 2025. Key developments include the intersection of shallow high-grade gold mineralization at Liontown, acquisition of the high-grade Sybil epithermal gold project, and promising drilling results at Tigertown. The company has also received government grants for its Ravenswood prospects, which are part of a strategic plan to achieve low-capex cash flow by targeting shallow gold deposits. These advancements are expected to enhance Sunshine Metals’ operational capabilities and strengthen its position in the mining industry.
More about Sunshine Gold Ltd
Sunshine Metals Ltd is focused on the development of gold projects in north Queensland, Australia. The company is involved in the exploration and development of gold, copper, zinc, lead, silver, and molybdenum, with a particular emphasis on shallow gold resources.
Average Trading Volume: 8,406,775
Technical Sentiment Signal: Sell
Current Market Cap: A$27.14M
For detailed information about SHN stock, go to TipRanks’ Stock Analysis page.