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Paterson Resources Advances Grace Gold-Copper Project in Western Australia

Story Highlights
  • Paterson Resources focuses on gold and copper exploration in Western Australia’s Paterson Province.
  • The company progresses its Grace Project with metallurgical tests and mining lease applications.
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Paterson Resources Advances Grace Gold-Copper Project in Western Australia

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Paterson Resources ( (AU:PSL) ) just unveiled an update.

Paterson Resources has made significant progress in its Grace Gold-Copper Project located in the Paterson Province of Western Australia. The company has selected drill core for metallurgical test work and is advancing its application for a mining lease. Planning has begun to upgrade the deposit to a JORC Resource, and work streams for a scoping study are being defined. The project’s strategic location near other major gold and copper deposits, and recent high-grade gold intersections, highlight its potential impact on the company’s growth and industry positioning.

More about Paterson Resources

Paterson Resources is a company operating within the mining industry, focusing primarily on exploring and developing gold and copper deposits. The company’s market focus includes the highly prospective Paterson Province in Western Australia, known for hosting significant gold and copper projects such as the Telfer mine and Havieron project.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €3M

For a thorough assessment of PSL stock, go to TipRanks’ Stock Analysis page.

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