Sunshine Gold Ltd (AU:SHN) has released an update.
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Sunshine Metals Limited has announced a 57% increase in contained gold and a 28% rise in total tonnes at its Ravenswood Consolidated Project, now boasting a high-grade resource of 904,000 ounces gold equivalent. This significant upgrade is largely attributed to the Liontown Resource, where gold has become the dominant metal due to successful drilling and optimized recoveries. The company plans to continue exploration in 2025, focusing on the western extensions of Liontown, promising further growth potential.
For further insights into AU:SHN stock, check out TipRanks’ Stock Analysis page.
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