Paterson Resources Extends mineralisation and defines new gold zone at Grace, WA
- Paterson Resources (PSL) anticipates a resource increase at its Grace project in Western Australia following the latest round of drilling
- Early results show the company’s reverse circulation drilling program has so far met its objectives of extending the mineralisation at both the Genoa and Grace-Bemm deposits
- Additionally, drilling intercepted a new 750 metre gold trend along the Parallel Range Fault
- Executive Director Matt Bull says the initial results have exceeded expectations and demonstrate potential to “increase the resources at the Grace project significantly”
- Paterson shares are up 6.25 per cent, trading at 3.4 cents at 2:52 pm AEDT
