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Resolute Mining Ltd - Perth-based gold miner in Africa - Reports significant, higher grade gold intersections from its Syama North area. These intersections include 16 metres at 4.74 grams per tonne from 107 metres, 15 metres at 4.35 grams per tonne from 99 metres and, 7 metres at 6.56 grams per tonne from 161 metres. Work also outlines the potential for a new open pit sulphide deposit. The drilling programme is ongoing and is expected to continue throughout 2022. An updated mineral resource estimate will be carried out in the third quarter of the year.
Current stock price: 15.85 pence, up 11% on Thursday in London
12-month change: down 48%
By Heather Rydings; heatherrydings@alliancenews.com
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