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AuMEGA Metals Uncovers Major New Gold Target at Cape Ray, Drilling Confirms Resource Growth
7:04pm on Wednesday 29th of October, 2025 AEDT
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Mining
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AuMEGA Metals Uncovers Major New Gold Target at Cape Ray, Drilling Confirms Resource Growth
7:04pm on Wednesday 29th of October, 2025 AEDT
Key Points
Discovery of a large new EM anomaly 500m southeast of Cape Ray Central Zone
Diamond drilling extends mineralisation down plunge at Central Zone with 1.85 g/t over 13.5m
Extensive till geochemical surveys define major new gold corridors at Cape Ray West
Strong cash position of C$6.3 million supports fully funded Q4 drill program
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