Caeneus Minerals Limited (AU:MTL) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Mantle Minerals Limited has announced promising results from its initial drilling at Mt Berghaus, with a key gold intersection of 12 meters grading 1.37 g/t Au, including a higher-grade segment of 4 meters at 3.57 g/t Au. The drill campaign uncovered an 800-meter strike length of gold mineralization across six holes, indicating a strong potential for primary gold deposits akin to those found at the nearby Hemi deposit. The company is poised to expedite follow-up drilling in August 2024 to further explore the extent of the mineralization.
For further insights into AU:MTL stock, check out TipRanks’ Stock Analysis page.