ASX Gold Stocks in Focus on Rising Frenzy

ASX Gold Stocks in Focus on Rising Frenzy

Veye - Between Bulls & Bears Veye - Between Bulls & Bears

Veye - Between Bulls & Bears

Between Bulls & Bears

发布日期: 2025年3月13日
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Gold rose to record levels around $2,950 per ounce on Thursday, fuelled by trade tensions. Increased gold investing led investors to enhanced diversification into ASX gold companies.

Magnetic Resources NL is among the growing companies to invest in

Magnetic Resources NL (ASX: MAU)

Magnetic Resources NL has reported outstanding exploration results from its Lady Julie North 4 (LJN4) gold deposit, highlighting significant new intersections and the potential for further resource expansion. The latest drilling has confirmed the presence of a third high-grade core, measuring 150m by 400m, which remains open at depth. Notable intersections include 51m at 3.5g/t gold from 444m, with a higher-grade section of 14m at 8.8g/t from 451m. These results suggest a substantial extension to the known mineralisation, with ongoing drilling expected to further increase the resource base.

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