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South Harz Potash Ltd ( (AU:TSR) ) has issued an update.
Turnstone Resources has reported highly encouraging initial rock chip assay results from its maiden reconnaissance sampling at the newly acquired Klinten Project in southern Sweden, including two high-grade samples grading 8.1 grams per tonne and 8.4 grams per tonne gold. The assays show gold mineralisation coincident with elevated copper, silver and lead, and confirm the presence of a sheeted mineralised quartz-vein system within a belt that hosts historical mining and nearby gold and copper-silver projects.
The company plans geophysical surveys and detailed geological mapping at Klinten in May to refine targets ahead of a potential first drill program in the September 2026 quarter. Management says the results validate its strategy of consolidating additional tenure in what it views as an emerging copper-gold district, with Klinten seen as having potential to become a standalone project alongside the Glava and Torsby West projects while Turnstone continues to enhance the option value of its potash assets in Germany.
More about South Harz Potash Ltd
Turnstone Resources Ltd is an ASX-listed exploration company focused on discovering and developing mineral resources, including copper, gold and potash. The company is building a portfolio of projects in Sweden and Germany, targeting underexplored districts with historical artisanal mining and past-producing operations that indicate strong mineralisation potential.
Average Trading Volume: 199,814
Technical Sentiment Signal: Sell
Current Market Cap: A$6.54M
For a thorough assessment of TSR stock, go to TipRanks’ Stock Analysis page.