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Darlington West Drill Results Extend Mineralisation, Highlighting Potential for Significant Gold Deposits

Date/time : 2026-02-05 09:11 PM
Symbol :

NSM

Company : North Stawell Minerals Ltd
Price : 0.040
Market cap : 5,600,000
O/S : 139,875,784
Exchange :

AU

Industry :

Gold

Full story

The recent diamond drilling campaign at Darlington West extended the mineralisation, with multiple intercepts including 1.2m at 3.32 g/t Au and a 22m zone of anomalous gold. The mineralisation remains open along strike and downdip, with similarities to Stawell-type mineralisation. Geophysics and numerical modelling are used to predict mineralisation, with an Air Core program planned for Q1 2026 to extend strike extensions. The results suggest potential for large, multimillion-ounce ore deposits in the area.