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The latest announcement is out from Sunshine Gold Ltd ( (AU:SHN) ).
Sunshine Metals Limited has commenced fieldwork at the Sybil project, part of its Ravenswood Consolidated Project, with initial mapping and sampling at the Francis Creek prospect. The company plans to conduct drilling in July-August 2025, aiming to confirm the geological interpretation of the area. The fieldwork has already shown promising results, with rock chip samples indicating significant gold potential. The project, historically underexplored, is expected to enhance Sunshine’s positioning in the gold mining sector, potentially benefiting stakeholders through increased resource identification and development opportunities.
More about Sunshine Gold Ltd
Sunshine Metals Limited is a company operating in the mining industry, focusing on the exploration and development of gold projects. The company is primarily involved in the Ravenswood Consolidated Project, which includes the Sybil epithermal gold system located in Queensland, Australia.
Average Trading Volume: 10,093,618
Technical Sentiment Signal: Sell
Current Market Cap: A$25.05M
For an in-depth examination of SHN stock, go to TipRanks’ Overview page.