Sunshine Gold: Extends scale of Keans prospect, QLD

Sunshine Gold Extends scale of Keans prospect, QLD

  • Sunshine Gold (SHN) extends the scale of the Keans prospect within its Ravenswood West project in north Queensland
  • The company confirmed the large-scale system potential of the prospect after mapping high-grade copper-molybdenum-silver to an area southwest of previous drilling
  • Rock chip samples from the program included 7.5 per cent copper, 0.13 per cent molybdenum, 12.3 grams per tonne (g/t) silver and 0.14 g/t gold
  • Sunshine says these drill results will be incorporated into a regional geological model and used for drill-hole targeting
  • SunshineGold is up 2.94 per cent, trading at 1.8 cents at 1:52 pm AEDT
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.

You May Also Like

Coinbase Lists First GBP Stablecoin, Expanding Market Options

The new stablecoin aims to enhance trading in the UK market.Highlights: Coinbase has launched the first GBP stablecoin.This...

Former Royal Mint Executives Secure Backing for Precious Metals Trading Platform

New platform aims to modernize precious metals trading for investors.Highlights: Former Royal Mint executives launch a new trading...

Coastal Bank Partners with Tempo to Strengthen Cross-Border Money Transfers

The partnership aims to enhance international money movement solutions.Highlights: Coastal Bank has partnered with Tempo for improved cross-border...

Lloyds Accelerates Homebuying with Fully Digital Service

New platform aims to reduce waiting times for mortgage approvals.Highlights: Lloyds introduces a fully digital homebuying service.Service aims...