Sunshine Gold: Completes 17,000m drilling in year one

Sunshine Gold Completes 17,000m drilling in year one

  • One year on from re-listing, Sunshine Gold (SHN) says it has completed 17,000 metres of reverse circulation drilling at its projects across Queensland
  • The materials stock released a one-year update on Friday, noting it had completed drilling campaigns at the Triumph gold prospect and its Ravenswood West asset
  • A further drill campaign has been launched at Ravenswood, while follow-up resource drilling got underway at Triumph last month
  • Sunshine MD Damien Keys thanked shareholders for their support, stating a JORC compliant mineral resource for Triumph should be tabled by March
  • SHN shares are down 2.22 per cent at 4.4 cents per share
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

One in Seven UK High Street Shops Adopt Cashless Payments

New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless...

Morgan Stanley to Cut 2,500 Staff Across Divisions

The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...

Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position

The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...

Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex

The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...