Gold Road's (ASX:GOR) share price has quadrupled to $0.22 over the past 12 months due to consistently high-grade drilling results
Gold Road's (ASX:GOR) share price has quadrupled to $0.22 over the past 12 months due to consistently high-grade drilling results. The stock is one of our favourites, as it has maintained aggressive exploration and appraisal activity on its Yamarna Belt gold project, a huge 5,000 sq km underexplored gold region within Western Australia's Yilgarn Craton. All interest over the past 12 months has focused on the high-grade drilling results that Gold Road has managed to consistently generate from its Dorothy Hills Trend at Yamarna. These results have fed into a strongly rising share price. Now, the company has advised that all drilling required to produce its much-anticipated Maiden Mineral Resource estimate for the Gruyere deposit at Dorothy Hills, is now complete. Assay results and an initial JORC resource estimate are keenly awaited.
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Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).
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