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Strata Minerals Uncovers New Gold Zones at Penny South, Secures $200k Drilling Grant
7:01am on Saturday 19th of July, 2025 AEST
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Mining
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Strata Minerals Uncovers New Gold Zones at Penny South, Secures $200k Drilling Grant
7:01am on Saturday 19th of July, 2025 AEST
Key Points
Maiden drilling at Penny South intersects extensions of Penny West Shear with encouraging gold grades
High-grade rock chip samples up to 218g/t Au and 302g/t Ag at Biranup’s Black Dragon Prospect
Secured $200,000 government Exploration Incentive Scheme grant for deep drilling at Penny South
Completed $300,000 placement, ending quarter with $2.03 million cash and no debt
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