New Age Exploration's strategic drilling plans

New Age Exploration (ASX:NAE) has announced significant progress in its exploration efforts at the Lammerlaw Project in New Zealand. The company has pinpointed nine high-priority drill targets, leveraging extensive geochemical surveys and geological data. Drilling is slated for the first quarter of 2025, with preparatory steps such as access arrangements and contractor appointments currently ongoing.

Lammerlaw Project exploration summary and future outlook

New Age Exploration Limited (ASX:NAE) is making strides in its exploration activities at the Lammerlaw Project, focusing on high-grade gold and antimony. With nine high-priority drill targets identified, the company is gearing up for drilling in early 2025. The region's history of producing high-grade stibnite and gold informs NAE's exploration strategy. The drilling will target anomalies in gold, antimony, and tungsten, with pending soil sample results expected to refine these targets further. NAE aims to capitalize on potential high-grade mineral discoveries, enhancing shareholder value. The company is actively securing access and contractors to ensure timely execution of their drilling plans, demonstrating a proactive approach in their exploration strategy.

Executive insights on Lammerlaw Project developments

The exploration results and data have been reviewed by experienced geologists, ensuring compliance with the Australasian Code for Reporting of Exploration Results.