New Age Exploration Hits Gold at Lammerlaw Project, Confirms Macraes-style Shear Zone Mineralisation
Date/time : | 2025-08-07 07:20 AM |
---|---|
Symbol : | |
Company : | NEW AGE FPO [NAE] |
Price : | 0.004 |
Market cap : | 6,300,000 |
O/S : | 1,793,898,910 |
Exchange : | |
Industry : |
Full story
New Age Exploration's maiden drill program at Lammerlaw Gold Project in New Zealand intersected shear zone hosted gold mineralisation similar to Macraes deposit. Best intersection: 6m @ 0.65g/t Au from 92m, including 2m @ 1.05g/t Au, with elevated tungsten and arsenic. Further assays showed gold grades between 0.1–0.4g/t Au with coincident pathfinder elements. This confirms NAE's exploration strategy and potential for higher-grade shoots.