9th Aug 2021 17:47
Trident Royalties PLC - mining royalty and streaming company - Notes announcements by Apollo Consolidated Ltd regarding positive progress at the Lake Rebecca gold project in Western Australia. Trident holds a 1.5% NSR gold royalty over the entirety of the project. Trident reports ongoing drilling at Lake Rebecca has continued to generate significant gold intersections whilst technical evaluation studies progress. "Infill and exploration drilling has outlined new mineralised zones both within and outside of the current Rebecca optimised pit shell, with a 75.8m at 4.64 grams per tonne gold metallurgical drill hole intersection demonstrating confidence in the Resource model around the high-grade Jennifer structure," said Adam Davidson, chief executive of Trident.
Current stock price: 39.00 pence
Year-to-date change: down 2.5%
By Evelina Grecenko; [email protected]
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