11 December 2024
With all eyes on gold at the moment, now is an exciting time for gold exploration company North Stawell Minerals which has announced the launch of its Initial Public Offer (IPO).
With all eyes on gold at the moment, now is an exciting time for gold exploration company North Stawell Minerals which has announced the launch of its Initial Public Offer (IPO).
Scheduled to list under the ASX code NSM, North Stawell holds highly prospective tenure in the rich Victorian “Stawell Corridor”, an established 5 million oz gold production zone, including 550km2 tenements adjacent to the highly productive Stawell Gold Mine.
North Stawell’s world class management team and experienced board already has strong local support for the listing.
The company is prioritising the exploration of 43 targets with known gold occurrences, including 17 basalt domes. These domes have similar properties to Stawell Gold Mine’s Dome, a site that has produced 5 million ounces of gold.
To aid the exploration project, North Stawell has a trove of its own data acquired through 40 years of research in earth sciences and 160 000 metres of drilling.
The IPO is set to run next month.
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Recorded on 15 July 2020 at 12 pm.