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

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...