Inflection Resources Ltd. has announced a significant update on its Trangie project in New South Wales, Australia, which is being conducted in partnership with AngloGold Ashanti Australia Limited. The project, under an Exploration Agreement, has recently seen the completion of eight additional drill holes, totaling 4,052 meters. This drilling is part of ongoing efforts to explore porphyry mineralization previously intercepted in earlier phases. The partnership allows AngloGold Ashanti to potentially earn up to a 75% interest in the project through phased investments and the completion of a Pre-Feasibility Study based on substantial gold or gold-copper equivalent resources. This collaborative effort aims to further delineate the mineral potential of the Trangie project.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.