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Astute Metals NL (ASX: ASE) has completed a comprehensive review of its 100%-owned Needles Gold-Silver Project in Nevada, USA, identifying four high-priority targets for exploration. The project, previously underexplored, is underpinned by a large epithermal alteration system mapped via ASTER satellite data, showing a 3km x 2km kaolinite-illite alteration zone. Surface sampling across the project has revealed exceptional grades, with rock chips up to 33g/t gold and 1,115g/t silver.
The targets include the Eastern Shaft, Arrowhead Mine, Tomahawk Mine, and Whopper Junior, with minimal to no previous drilling in the most prospective areas. Upcoming activities include a soil sampling grid and magnetic survey, leading to initial drilling in Q3 2025. Leveraging synergies with its Red Mountain Lithium Project, Astute aims to unlock significant value by testing deeper epithermal zones, inspired by recent major discoveries like AngloGold Ashanti’s Silicon-Merlin find.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.