GlobeNewsWire
30 Jul 2026, 11:38 UTC · 2h ago
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Surface channel sampling revealed a continuous 80-meter gold zone grading 2.36 g/t Au, expanding mineralization beyond historical mine workings. — Discovery of continuous high-grade mineralization increases the probability of a viable resource and expands the potential mine footprint.
+0.60Underground sampling on the 1438m Level indicates mineralization widens at depth and remains open in several directions. — Evidence that the deposit grows larger at depth suggests significant untapped resource potential and longevity for the project.
+0.50Underground sampling identified multi-element mineralization including copper (up to 6.96%), nickel, and cobalt over 9 meters. — The presence of critical battery metals (Cu, Ni, Co) adds diversification and potential value beyond the primary gold target.
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Six drillholes have been completed and results are currently pending. — Creates a near-term catalyst for price movement as investors await validation of the sampling results.
+0.20Which stocks this story touches
The company reported high-grade gold and base metal sampling results that expand mineralization at its Cármenes Project.
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