Gascoyne Resources Limited (AU:SPR) has released an update.
Don't Miss our Black Friday 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
Spartan Resources has significantly boosted its gold resource estimate at the Dalgaranga Gold Project, with contained ounces increasing by 47% to 2.48 million and grades nearly doubling. The company is accelerating exploration with a new drill drive and plans extensive drilling in 2025, aiming to deepen its high-grade discoveries and evaluate a future production restart. Recent leadership changes accompany these strategic shifts, positioning Spartan for potential growth and a return to gold production.
For further insights into AU:SPR stock, check out TipRanks’ Stock Analysis page.