Adelong Gold: Notes mineralisation in all drill holes at namesake project, NSW

Adelong Gold Notes mineralisation in all drill holes at namesake project, NSW

  • Adelong Gold (ADG) notes gold mineralisation in all drill holes completed so far at its namesake project in New South Wales
  • ADG says some level of mineralisation and “strong” alteration is present in four drill holes that tested the western extension of the Perkin’s workings within the Gibraltar prospect
  • Samples from this work have been sent for assaying, and drilling has turned to western extensions to the O’Brien’s deposit
  • The company also plans to kick off drilling at its Caledonian prospect in the next two-to-three weeks and at its Sawpit prospect, subject to additional site access work
  • ADG shares are trading at one cent at 2:08 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

Goldman Sachs Boosts Compliance with Anthropic’s AI Agents

The investment bank partners with Anthropic to enhance accuracy in accounting.Highlights: Goldman Sachs collaborates with Anthropic for AI-driven...

Boerse Stuttgart Merges Crypto Unit with Tradias, Strengthening Market Presence

This strategic merger aims to enhance cryptocurrency trading capabilities.Highlights: Boerse Stuttgart merges its crypto unit with Tradias.The merger...

Bank of Ireland Reduces Fraud Losses by $97 Million Using AI Technology

Advanced AI systems help detect fraudulent card transactions effectively.Highlights: Bank of Ireland saved $97 million by preventing fraud...

SoftBank’s PayPay Accelerates US IPO Filing Process

Japan's popular payment platform PayPay prepares for its initial public offering.Highlights: PayPay files for an initial public offering...