North Stawell Minerals to Launch 1,500m Diamond Drilling Program in January 2025.

Nov 26, 2024

North Stawell Minerals (ASX: NSM) will begin a 1,500-meter diamond drilling program in January 2025 at the Wildwood and Darlington prospects along the Stawell Gold Corridor, Victoria, Australia. The initiative, funded through a recent AU$1.3M capital raise, will test high-priority targets for gold mineralisation using Trimac Drilling. At Wildwood, drilling will focus on a 600-meter open potential area, targeting basalt-flank mineralisation near historical gold intercepts. At Darlington, exploration will assess whether shallow mineralisation is connected to a deeper basalt structure, akin to the geological model of the Stawell Gold Mine.

The program builds on three years of successful exploration and seeks to confirm similarities to Stawell's multimillion-ounce deposit. With strong exploration upside and flexibility in drill targets, the project is expected to advance understanding of these promising gold prospects. Executive Director Campbell Olsen emphasizes the potential to transform exploration opportunities with this initiative.

 

 

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