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Sunshine Gold Ltd ( (AU:SHN) ) has provided an update.
Sunshine Metals Limited has announced further high-grade gold intersections at its Sybil site, part of the Ravenswood Consolidated Project. The recent drilling program at the Francis Creek prospect has yielded promising results, including a significant intersection of 5.2 meters at 9.01 grams per tonne of gold. The program, which targets low-sulphidation epithermal gold mineralization, aims to enhance the geological understanding of the area and support future exploration efforts. The results underscore the potential for high-grade gold shoots within the broader A Vein, and additional assay results are anticipated in November 2025.
More about Sunshine Gold Ltd
Sunshine Metals Limited is a mining company focused on exploring and developing gold resources. The company operates the Ravenswood Consolidated Project near Charters Towers in north Queensland, with a specific focus on high-grade epithermal gold deposits.
Average Trading Volume: 11,273,885
Technical Sentiment Signal: Buy
Current Market Cap: A$77.95M
See more data about SHN stock on TipRanks’ Stock Analysis page.