AuMEGA Metals (ASX:AAM) said its 2025 till geochemistry and geological mapping program at the Bunker Hill project in Newfoundland, Canada, outlined several prospective gold zones, according to a Thursday Australian bourse filing.
The program totalled 2,812 samples over 3,301 stations, and it defined a multi-kilometer gold trend associated with the Branch Fault.
Its Chief Executive, Sam Pazuki, said that the mining firm was seeing "multiple and broad gold and base metals responses along major structural corridors that are significantly underexplored."
Its shares fell over 2% in recent trading on Thursday.