Metalicity: Receives final results from Kookynie Gold Project

Metalicity: Receives final results from Kookynie Gold Project

  • Metalicity has released the remaining results from the phase one drilling program at the Kookynie Gold Project in Western Australia
  • Then the company has now received all results from the program
  • The aim of this drilling was to confirm the mineralisation identified in previous drilling programs
  • Results peaked at 19.42 grammes per tonne gold and have also confirmed the high-grade gold mineralisation at the Leipold and McTavish prospect
  • Metalicity will now return to these prospects with its joint venture partner Nex Metals in mid-July to expand the mineralisation
  • Metalicity is up 3.33 per cent on the market and shares are trading for 3.1 cents each
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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