The latest update is out from Enegex Limited ( (AU:ENX) ).
Enegex Limited has identified a promising new gold anomaly at its Three Springs project in Western Australia. The anomaly, detected through soil sampling, covers an area greater than 1km by 0.8km with elevated gold levels significantly above regional background values. The company plans to conduct further sampling and geological mapping to better define the anomaly. Additionally, Enegex has been granted a new exploration license at Tampia West and continues to evaluate gold prospects in the West Yilgarn region, indicating a strategic focus on expanding its exploration footprint.
More about Enegex Limited
Enegex Limited is a company operating in the gold exploration industry, focusing on greenfield gold exploration. The company targets under-explored soil-covered segments of greenstone and gneiss belts using reconnaissance geochemical sampling. Enegex is actively involved in exploring new gold opportunities, particularly in the West Yilgarn region.
YTD Price Performance: -40.0%
Average Trading Volume: 231,579
Technical Sentiment Signal: Buy
Current Market Cap: A$4.57M
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