Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Sunshine Gold Ltd ( (AU:SHN) ) has shared an update.
Sunshine Metals Limited has identified seven high-priority conductive anomalies at its Ravenswood Consolidated Project through a VTEM Max survey, funded by a grant from the Queensland Government. The survey has revealed a promising gold target at Truncheon East, with soil samples showing gold concentrations of up to 8.45g/t. This discovery marks a significant development for Sunshine Metals, as it enhances their exploration pipeline and positions them favorably within the Charters Towers district, with plans for further exploration in 2026.
More about Sunshine Gold Ltd
Sunshine Metals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. It is particularly involved in the discovery and assessment of volcanogenic massive sulphide (VMS) deposits, with a significant presence in the Mt Windsor Subprovince, known for its rich deposits of copper, zinc, lead, silver, and gold.
Average Trading Volume: 11,383,337
Technical Sentiment Signal: Buy
Current Market Cap: A$51.5M
See more data about SHN stock on TipRanks’ Stock Analysis page.