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HomeFinTechAdelong Gold: Sees potential for major deposits at Gibraltar, NSW

Adelong Gold: Sees potential for major deposits at Gibraltar, NSW

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Adelong Gold Sees potential for major deposits at Gibraltar, NSW

  • Adelong Gold (ADG) hits wide zones of mineralisation at the Gibraltar mine in NSW
  • Follow up drilling indicated a strong multiple vein system west of the Gibraltar mine workings with a peak intersection of one metre at 34.6 grams of gold per tonne
  • The results confirm five zones of gold mineralisation previously intersected, and according to Managing Director Peter Mitchell, highlight the potential for major deposits
  • Adelong says it can now begin bringing the Gibraltar deposit into the resource inventory for its namesake project
  • ADG shares are up 114 per cent trading at 1.5 cents at 2:42pm AEDT

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