ASX Gold Hits: Quick Wins & Fresh Discoveries

0:00It's April 22nd. This is Sydney News today, your AI-powered local news. Last week on the ASX, drill results dropped some serious heat, topping out with new merchants and gold's monster intercept at their Crown Prince East Pit. In Western Australia, 18 meters at 10.3 grams per tonne gold from 54 meters, including a sizzling 6 meters at 29.3 grams per tonne. That hit came from a 49-hole program, testing loads right inside the existing pit design, with another strong one nearby at 12 meters of, 10.3 grams per tonne, including one meter at 42.2. It's development gold, meaning it could slide straight into resource updates and mining schedules without the usual weight. Golden Horse Minerals grabbed second spot at Hoaps Hill South, also in Western Australia, with 7 meters at 13 grams per tonne from just, 13 meters down, bonanza style including two meters at 44.3.

1:00This shallow punch tested a sheer zone 200 meters from old workings, hinting at a bigger repeatable system with stacked loads possible. Meanwhile, SQX resources took third, with early maiden drilling at Redbird in Arizona, 24.4 meters at 3.1 grams per tonne. From 22.9 meters, including 9.1 meters at 6.6 grams per tonne, broad near surface gold in a hot, poor free neighborhood screams open pit potential, and more assays are pending from their 25-hole campaign. These results have miners buzzing about quick wins and fresh discoveries, setting a resource tweaks, geophysics, and step-outs to chase the fall. Price keeping the ASX Gold Hunt flowing strong into next week.