Solstice Minerals (ASX:SLS) said resampling of composite gold intercepts at the Bluetooth prospect at its Yarri gold project in Western Australia confirmed the earlier reported high-grade intercepts, according to a Monday Australian bourse filing.
It is planning a new phase of reverse circulation drilling at the prospect in the second quarter after the resampling.
The resampling returned intercepts of 29 meters at 1.58 grams per tonne grade of gold from 20 meters and 1 meter at 5.32 g/t grade of gold from 55 meters.
Its shares fell over 5% on market close on Monday.