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PATRONUS RESOURCES ANNOUNCES MAIDEN EXPLORATION TARGET AT MERLIN PROSPECT IN CARDINIA GOLD PROJECT

Date/time : 2025-06-22 05:20 PM
Symbol :

PTN

Company : Patronus Resources Ltd.
Price :
Market cap :
O/S :
Exchange :

AU

Industry :

Gold

Full story

Patronus Resources has discovered a strong prospectivity for gold at the Merlin Prospect, part of the Cardinia Gold Project in Western Australia. Recent RC drilling returned broad, shallow intercepts including 24m @ 1.16g/t Au, 10m @ 2.10g/t Au, and 10m @ 1.24g/t Au. The JORC 2012 Exploration Target established for Merlin is 1.0 – 4.0Mt @ 1.5 – 4.0g/t Au for 50,000 – 500,000oz of gold. Further RC drilling is planned in Q3 CY2025 to explore the open mineralisation along strike and downdip.