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Ordell Minerals Ltd ( (AU:ORD) ) has issued an announcement.
Ordell Minerals Limited announced promising results from its initial diamond drilling program at the Barimaia Gold Project’s McNabs East Prospect. The findings reveal high-grade gold mineralization, reinforcing the potential for shallow open-pit mining. This positions McNabs East as a high-priority target for further exploration, with an upcoming 5,000-meter RC drilling program planned. These developments are expected to enhance Ordell’s market position and potentially increase shareholder value as the project progresses.
More about Ordell Minerals Ltd
Ordell Minerals Limited operates in the mining industry, focusing primarily on gold exploration and production. The company is engaged in projects such as the Barimaia Gold Project located in Western Australia, which targets significant gold mineralization at shallow depths.
YTD Price Performance: 13.64%
Average Trading Volume: 602,541
Technical Sentiment Consensus Rating: Strong Sell
See more insights into ORD stock on TipRanks’ Stock Analysis page.
