G11 Resources Reports Promising Drilling Results at Peveril-Grasmere Project

The latest update is out from Odin Metals Ltd ( (AU:G11) ).

G11 Resources Limited reported significant findings from its recent drilling activities at the Peveril-Grasmere project, confirming copper-rich massive sulphide intersections with elevated gold. These results, along with downhole geophysics, suggest that the Volcanogenic Massive Sulphide mineralisation extends over 1km of strike and to 500m depth, enhancing confidence in the scale and potential of the mineralisation. Additionally, the company is reviewing potential acquisitions to complement its Koonenberry Project, focusing on advanced opportunities in gold and copper, which could add significant shareholder value.

More about Odin Metals Ltd

G11 Resources Limited is a company focused on exploration and development within the mining industry, with a primary focus on the district-scale Koonenberry Belt project in New South Wales, Australia. The company is engaged in exploring various mineral deposits, including VMS-hosted Cu-Zn-Au-Ag, epithermal Au-Ag-Pb-Cu, orogenic Au, and magmatic Ni-Cu-PGE, across multiple promising corridors such as Wilandra, Cymbric Vale, Bilpa, and Wertago.

YTD Price Performance: 50.0%

Average Trading Volume: 687,294

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$15.47M

For detailed information about G11 stock, go to TipRanks’ Stock Analysis page.