Nickelx Ltd ( (AU:SMX) ) has issued an announcement.
Strata Minerals Limited has announced encouraging results from its maiden drilling program at the Penny South Gold Project in Western Australia. The drilling, which targeted extensions of known gold mineralisation trends, revealed promising geological structures that suggest the presence of a significant gold system. The company has successfully obtained a government co-funded exploration grant and is planning further drilling, including deeper diamond drilling, to explore these promising areas further.
More about Nickelx Ltd
Strata Minerals Limited is a company operating in the mining industry, focusing on gold exploration. The company is involved in the exploration of gold deposits in Western Australia, particularly in the prolific gold district near the Penny Mine Project, which is known for its high-grade gold production.
YTD Price Performance: 50.0%
Average Trading Volume: 2,171,778
Technical Sentiment Signal: Buy
Current Market Cap: A$7.32M
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