Gascoyne Resources Limited (AU:SPR) has released an update.
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Spartan Resources has significantly increased the mineral resource estimate for its Dalgaranga Gold Project, with a total gold content now standing at 2.48 million ounces at 4.79 grams per tonne. This update reflects a 47% increase in total ounces and a 91% increase in grade, highlighting the potential for Dalgaranga to become a leading high-grade underground gold mining operation. Key contributions come from the Never Never and Pepper Gold Deposits, with aggressive drilling within 2km of the existing processing plant underpinning these results.
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