Native Mineral Resources Holdings Ltd.ASX: NMR

NMR hits 18m @ 11.33g/t Au from 12m at Podosky, QLD

· Issued by Native Mineral Resources Holdings Ltd.

Filed with ASX · · 14 pages · English

Summary by 6ix AI

Native Mineral Resources Holdings Ltd. has announced significant drilling results from its Podosky deposit, confirming shallow high-grade gold mineralization with notable intercepts including a substantial length at a high grade from a specific depth. The latest results support the company's view that the mineralization is shallow and potentially suitable for open-pit mining, with further drilling planned to enhance geological confidence. The company is also progressing planning for its Blackjack mine in parallel, with targeted completion of geological modeling and mine design expected soon. This announcement highlights the ongoing development and exploration efforts at Podosky and Blackjack, aiming for mining activities to commence shortly.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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