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North Stawell Minerals Ltd (ASX:NSM)

ALERT: Price-sensitive ASX Announcement for NSM
Current share price for NSM : $0.020 0 (0%)+
Announcement
Release
29 Jul 2026 10:27AM
Price at Release
$0.020
Full Release
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Summary
North Stawell Minerals Ltd has successfully completed a geophysical survey using Dipole-Dipole Induced Polarisation (DDIP) across its Darlington and Forsaken prospects in Victoria, Australia. The survey aimed to identify potential mineralised zones concealed beneath shallow sediment layers. A significant target was identified at Darlington West, indicating a new area for future drilling, extending known mineralisation patterns. In Forsaken, the geophysical responses aligned with interpreted bedrock structures, suggesting new drill targets. The results showcase the effectiveness of DDIP as a low-cost exploration technique that could accelerate target selection across North Stawell's extensive land holdings.
Key Points
  • Completion of a 6.5 km electrical geophysical survey at Darlington and Forsaken.
  • Strongest response at Darlington West, indicating new drilling targets.
  • New target 300m south of previous gold intercepts at Darlington.
  • Forsaken responses align with bedrock structures suggesting further drill targets.
  • DDIP technique identified as effective and low-cost for exploration.
  • Potential to accelerate exploration in 445 km² land area north of Stawell Gold Mine.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.