Sunshine Gold Ltd (AU:SHN) has released an update.
Sunshine Gold Ltd’s Ravenswood Consolidated Project in Queensland has seen a significant 21% increase in resources at the Liontown deposit, with notable high-grade gold findings and ongoing diamond drilling to further explore the potential. A successful $4 million placement aims to accelerate drilling activities, including the addition of a second drill rig to investigate shallow oxide extensions. Overall, the project’s total resources have grown by 10%, bolstered by increases in gold and copper content, emphasizing Sunshine Gold’s strategic focus on these metals.
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