29Metals: Receives first results from Golden Grove

29Metals Receives first results from Golden Grove

  • 29Metals (29M) receives results from the first six holes drilled at the Golden Grove Mine in Western Australia
  • Drilling is being undertaken to test gaps between areas in the current mineral resource estimate
  • Between 12 to 14 holes have been planned with the remaining holes to be completed by late in the December quarter
  • Overall, grades peaked at 21.1 per cent zinc, four per cent copper, three per cent lead, 149 grams of silver per tonne (g/t) silver and 80.6g/t gold
  • The company is up 0.80 per cent on the market with shares trading at $2.52 at 2:00 pm AEST
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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