Signature Resources Reports 51-Meter Gold Intercept at Lingman Lake
Signature Resources Reports 51-Meter Gold Intercept at Lingman Lake

Signature Resources Reports 51-Meter Gold Intercept at Lingman Lake

News summary

Recent drilling programs by several resource companies have yielded promising results in gold exploration. GSP Resource Corp. successfully expanded its Alwin Mine Project with significant high-grade copper-silver-gold mineralization, including a notable gold discovery that assayed 5.04 g/t over a 7.90m interval. Signature Resources Ltd. reported final assay results from its Lingman Lake gold deposit, highlighting a larger near-surface mineralization halo, with drill hole LM24-09 returning 1.81 g/t gold over 51 meters. Reach Resources' initial findings from the Murchison South project in Western Australia also confirmed high-grade gold, supporting the historical drilling model. These developments indicate a robust potential for resource expansion and future exploration in the respective projects. The companies are poised to advance towards resource estimations and further drilling based on these encouraging assay results.

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