The update provides new insights into the company’s exploration efforts at its Yarrol Gold Project in Queensland, Australia.
Key Highlights
Yarrol Gold Project (Queensland)
Recent drill results signal strong potential.
Historical (non-JORC) resource: ~100,000 oz of gold @ 1.5 g/t, shallow depths.
Executive Chairman Mark Stephenson will present findings in a webinar hosted by Stock Box Media.
Queensland Portfolio Expansion
Mila holds options on three additional properties with historic workings and significant underexplored upside.
Region hosts renowned mines like Cracow Gold Mine and Mount Morgan.
Kathleen Valley Portfolio (Western Australia)
Past campaigns (2022–2023) revealed promising gold intercepts.
Focus now on expanding scale, especially in the northern zone.
Proximity to major lithium operations, with surface mapping suggesting the lithium system extends into Mila’s tenements.
Macro Tailwinds
This update arrives as gold prices trend higher, boosting the economic viability of exploration-stage projects and creating tailwinds for companies like Mila Resources.
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