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Sunshine Gold Ltd ( (AU:SHN) ) has provided an update.
Sunshine Metals Limited has announced the commencement of diamond drilling at the Sybil prospect, part of the Ravenswood Consolidated Project, with preparations including clearing access tracks and re-establishing a bore for water supply. The company has completed field validation at four prospects and initial mapping and sampling have shown promising high-grade gold results, particularly at Francis Creek East and other locations, which could significantly enhance the project’s potential.
More about Sunshine Gold Ltd
Sunshine Metals Limited is a company operating in the mining industry, primarily focusing on the exploration and development of gold projects. The company is listed on the Australian Securities Exchange under the ticker SHN and is involved in the Ravenswood Consolidated Project, which includes various prospects such as Sybil.
Average Trading Volume: 6,855,980
Technical Sentiment Signal: Sell
Current Market Cap: A$22.96M
Find detailed analytics on SHN stock on TipRanks’ Stock Analysis page.