
North Stawell Minerals extends gold trend to 800m at Darlington, with intercepts up to 2.52 g/t gold, and 2.75 g/t at Caledonia.
Alpha Score of 64 reflects moderate overall profile with strong momentum, strong value, weak quality, moderate sentiment.
North Stawell Minerals (ASX: NSM) has extended the gold-mineralised trend at its Darlington prospect to about 800 metres, after re-sampled air-core drilling returned assay results including 3 metres at 1.35 grams per tonne gold.
Better Darlington intercepts included 1 metre at 2.18 g/t and 3 metres at 1.35 g/t, the latter containing a 1-metre interval of 2.52 g/t. A separate hole returned 1 metre at 2.05 g/t. At the Caledonia prospect, drilling hit 3 metres at 1.70 g/t, including 1 metre at 2.75 g/t, plus additional intersections of 1 metre at 1.86 g/t and 1 metre at 1.41 g/t.
North Stawell said the results continue to support the geological similarity between its Darlington-Caledonia corridor and the adjacent Stawell Gold Mine, where mineralisation follows the edge of a basalt unit. The Darlington trend remains open to the south and at depth.
The next exploration phase will target higher-grade shoots within the broader mineralised system. The company described the potential as a significant concealed gold discovery, noting that the corridor shares the same setting as a multi-million-ounce deposit.
For context, the gold profile page tracks how explorers progress from early intercepts to resource definition.
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