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An update from Sunshine Gold Ltd ( (AU:SHN) ) is now available.
Sunshine Metals Ltd has announced a notable increase in their resources at the Ravenswood Consolidated Project, with a 57% boost in contained gold and an overall 28% increase in total tonnes. Key developments include successful assays following a drilling program at the Gap Zone, significant gold and copper recoveries, and the sale of the Triumph Gold Project. These advancements bolster Sunshine Metals’ position in the mining industry and enhance its resource capacity, which may positively impact its market presence and stakeholder confidence.
More about Sunshine Gold Ltd
Sunshine Metals Ltd is a mining company focused on the discovery and development of high-quality mineral projects in Queensland, Australia. Its primary project is the Ravenswood Consolidated Project, which is situated in a prolific mining district known for significant gold and volcanic massive sulphide ore production. The company specializes in gold, copper, zinc, lead, silver, and molybdenum extraction and development.
Average Trading Volume: 1,980,224
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$11.91M
For a thorough assessment of SHN stock, go to TipRanks’ Stock Analysis page.
