The latest announcement is out from Variscan Mines Limited ( (AU:VAR) ).
Variscan Mines Limited announced significant results from its maiden drilling campaign at the Udias Mine, part of the Novales-Udias Project in northern Spain, revealing high-grade zinc and lead intercepts. The campaign successfully identified new zones of mineralisation, extending beyond current geological models and showing potential for resource growth. The drilling results suggest strong geological similarities with the nearby San Jose Mine, indicating they share the same mineral system. The company plans to continue its drilling efforts to further explore this under-explored, highly mineralised area.
More about Variscan Mines Limited
Variscan Mines Limited is a company in the mining industry, primarily focused on zinc and lead exploration and extraction. The company operates projects such as the Novales-Udias Project in northern Spain, with a focus on expanding their mineral resource base through exploratory drilling.
Average Trading Volume: 2,649,635
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$7.05M
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