North Stawell Minerals, Ltd. ( (AU:NSM) ) just unveiled an announcement.
North Stawell Minerals has announced a significant high-grade gold intercept at its Darlington Project, located 6km north of Stawell, Victoria. The diamond drilling results revealed a brecciated, quartz-sulphide vein with visible gold, returning 2.3 meters at 29.2 g/t Au, including 0.8 meters at 82.3 g/t Au. This discovery shows similarities to the historic Mariners Lodes at Stawell, suggesting a potential new high-grade gold zone in the Stawell Corridor, which is not typically known for such grades. The intercept is open in multiple directions, offering promising exploration opportunities and potentially shifting focus to high-grade Victorian gold systems in western Victoria.
More about North Stawell Minerals, Ltd.
North Stawell Minerals Ltd is a company operating in the mining industry, focusing on gold exploration. It holds a 504 km² contiguous package of ground in Victoria, Australia, north of Stawell Gold Mines. The company aims to explore and potentially replicate the multi-million-ounce gold deposits found in the Stawell region, with priority targets at Wildwood and Darlington.
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Technical Sentiment Signal: Sell
Current Market Cap: A$10.4M
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