Aureka (ASX:AKA) identified potential multiple new exploration targets at its existing tenements after conducting an analysis of a geophysical review of all existing open-source and company-derived data, according to a Thursday Australian bourse filing.
Diamond drilling is continuing at the Irvine gold project in Victoria towards its final design depth, with early samples being prepared for analysis. It has identified the visual presence of sulfide minerals within surrounding sediments.
Its shares rose 3% in recent trading on Thursday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.