New Age Exploration Reports Gold Discovery at Wagyu

New Age Exploration Limited (AU:NAE) has released an update.

New Age Exploration Limited has announced promising results from its initial drilling at the Wagyu Gold Project, with multiple gold intercepts including a significant 3 meters at 2.2 g/t. The project, located in the gold-rich Pilbara region, showed gold mineralisation at all four targeted areas, with the second phase of drilling already in progress to further explore these findings. Alongside gold, the company also reported silver mineralisation, indicating the potential for a multi-commodity deposit.

For further insights into AU:NAE stock, check out TipRanks’ Stock Analysis page.