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

Klarna Stock Tumbles After Disappointing Q4 Results

Klarna reports unexpected losses, impacting stock performance and investor sentiment.Highlights: Klarna's stock falls sharply after reporting unexpected Q4...

FBI Warns of Surge in ATM Jackpotting Attacks

Recent spike in ATM jackpotting poses risks to financial institutions and customers.Highlights: FBI reports increased ATM jackpotting incidents...

Nvidia Considers $30 Million Investment in OpenAI

Potential investment highlights Nvidia's strategic focus on AI innovation.Highlights: Nvidia is considering a $30 million investment in OpenAI.This...

Forbes Fintech 50 Sees 20 Newcomers Strengthening Financial Inclusion

New entrants highlight AI and innovative business models in fintech.Highlights: Forbes Fintech 50 adds 20 new companies to...