Unity Metals Intercepts High-Grade Gold at Cambodia Prospect, Shares Jump 13%

MT Newswires Live
Yesterday

Unity Metals (ASX:UM1) said maiden drilling at its Ngot gold project in Cambodia intercepted high-grade gold at the Ngot central prospect, according to a Friday Australian bourse filing.

It encountered intercepts of one meter at 21.8 grams per tonne grade of gold from 125.6 meters, as well as 4.9 meters at 3.2 g/t grade of gold from 34.7 meters.

The strongest mineralization to date was intersected at the Rohav Mountain prospect, it added. Drilling is ongoing.

Its shares jumped 13% in recent trading on Friday.

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.

Most Discussed

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