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Taiton Resources Limited ( (AU:T88) ) has shared an update.
Taiton Resources has completed a drilling program at the Yogi prospect within its Highway project in South Australia, marking a key step in testing a gravity anomaly. The program comprised a single diamond hole with an RC pre-collar to a depth of about 810 metres, with drill core now being processed on site.
Company executives said the team is currently logging the core and preparing it for assay, with results expected in June. The outcome of this drilling will inform the next phase of exploration and could influence the company’s assessment of the Highway project’s mineral potential.
More about Taiton Resources Limited
Taiton Resources Limited is an Australian exploration company focused on mineral projects, including the Highway project in South Australia. The company targets prospects such as Yogi, where it investigates gravity anomalies using drilling programs to assess potential mineralisation and expand its resource portfolio.
Average Trading Volume: 50,750
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$8.46M
For detailed information about T88 stock, go to TipRanks’ Stock Analysis page.