St Barbara Compiles 44 Exploration Targets Around Proposed Canada Processing Hub Project; Shares Rise 3%

MT Newswires Live
02/11

St Barbara (ASX:SBM) said it had compiled 44 exploration targets within a 75-kilometer radius of the proposed 15-Mile processing hub project in Nova Scotia, Canada, seeking to further extend the mine life beyond the 11 years currently outlined, according to a Wednesday Australian bourse filing.

Around 12 identified exploration targets also lie outside this radius. The company plans to conduct work programs during the 2026 field season from May to September, which includes reverse circulation drilling, regional surface sampling, and the incorporation of geophysics data packages into a structural review of near-ready drill targets associated with extensions to known deposits.

It acquired 34 exploration licenses for CA$400,000 covering tenure along strike from the 15-Mile, Cochrane Hill, and Touquoy deposits. It also acquired 21 exploration licenses at zero cost, either on vacant ground or dropped by de-listed junior explorers at the Tangier gold district, nine exploration licenses at Dufferin West, five exploration licenses at West Caledonia, and three exploration licenses along strike from Touquoy mine. The firm acquired five exploration licenses at Rocky Lake at zero cost.

Its shares rose 3% in recent trading on Wednesday.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10