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Paterson Resources: Completes diamond drilling at Grace project

Paterson Resources Completes diamond drilling at Grace project

  • Paterson Resources (PSL) observes potential of an underlying mineralised system at its Grace copper-gold project in Western Australia
  • Five diamond drill holes were completed, with PSL observing several with mineralisation similar to that at Newcrest’s (NCM) nearby Telfer mine and Havieron deposit
  • The company is also conducting a full review of the structural information as well as petrophysical analysis over the zones identified
  • Assay results are expected within four to six weeks which will add value to the company’s next phase of exploration
  • Shares have been trading 6.8 per cent lower at 4.1 cents at 2:18 pm AEDT
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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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