Patronus Resources Announces Exploration Progress and Resource Growth
Key points
- 30,000m multi-rig drilling campaign underway in Pine Creek, NT
- 2.3Moz AuEq Mineral Resources across WA and NT
- $65M cash and investments underpinning growth
Full summary
Patronus Resources Ltd is executing a 30,000m multi-rig drilling campaign at Pine Creek, Northern Territory, targeting district-scale gold discovery and resource growth. The company holds 2.3Moz AuEq Mineral Resources across its Western Australia and Northern Territory projects. With $65M in cash and investments, Patronus is well-funded to deliver exploration and strategic growth. The company's portfolio includes the Pine Creek Gold Project in NT, with a +20Moz regional gold endowment and multiple discovery opportunities being drill tested. In WA, the Cardinia Gold Project has a 1Moz Au Mineral Resource with significant exploration and resource expansion potential.
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