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Sunshine Gold Ltd ( (AU:SHN) ) has issued an announcement.
Sunshine Metals Limited has initiated an advanced scoping study, the Liontown Au Study, which aims to optimize the extraction of 95,000 ounces of high-grade gold and 652,000 ounces of silver from the Liontown site. This study is part of the Ravenswood Consolidated Project and includes resources from the Carrington Fresh and Au-Panel, with the potential to enhance the company’s gold commercialization strategy. The study, expected to be completed by January 2026, could significantly impact Sunshine’s operations by providing access to broader mineral resources, thereby strengthening its market position.
More about Sunshine Gold Ltd
Sunshine Metals Limited, listed on the ASX under the ticker SHN, operates in the mining industry with a focus on gold and other minerals. The company is involved in the Ravenswood Consolidated Project in North Queensland, which includes the extraction of gold, copper, zinc, silver, and lead.
Average Trading Volume: 8,523,163
Technical Sentiment Signal: Sell
Current Market Cap: A$20.88M
Find detailed analytics on SHN stock on TipRanks’ Stock Analysis page.