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The latest update is out from Polymetals Resources Ltd. ( (AU:POL) ).
Polymetals Resources has reported further strong underground diamond drilling results from the upper Main Lode at the Endeavor Mine, with all nine new drillholes intersecting broad zones of high-grade silver-lead-zinc mineralisation. The consistently high grades and widths immediately adjacent to existing underground development have materially increased geological confidence and suggest the lode could become a significant addition to the mine’s inventory.
The drilling program has now advanced beyond proof-of-concept, with results validating the reinterpretation of historic subsidence and defining the geometry and continuity of the mineralised system. On the back of these assays, the company has commenced Mineral Resource modelling for the upper Main Lode and is working toward an updated resource estimate later in 2026, which could support future mine planning and incorporation of additional high-grade tonnes.
The most recent analyst rating on (AU:POL) stock is a Buy
with a A$1.10 price target.
To see the full list of analyst forecasts on Polymetals Resources Ltd. stock,
see the AU:POL Stock Forecast page.
More about Polymetals Resources Ltd.
Polymetals Resources Ltd. is an ASX-listed mineral exploration and development company focused on silver, lead and zinc assets, including the Endeavor Mine in Cobar, New South Wales. The company is targeting high-grade underground mineralisation to expand its mining inventory and support future production from established infrastructure.
Average Trading Volume: 869,432
Technical Sentiment Signal: Sell
Current Market Cap: A$221.4M
For an in-depth examination of POL stock, go to TipRanks’ Overview page.