en.Wedoany.com Reported - Hemlo Mining has announced new drill results from the South-Rim area, where it has intersected a high-grade gold body. One drill hole returned an average grade of 16.1 grams of gold per tonne over an 8.1-metre intersection. South-Rim is located near the existing underground mining area of the Hemlo project in Canada and was previously underexplored. The company identified this new mineralized structure by reinterpreting decades of historical geological and exploration data and is currently conducting drill testing.

Company President and CEO Jason Kosec stated that the initial results from South-Rim demonstrate the exploration team's expertise in reanalyzing historical data. The newly discovered mineralized structure is high-grade and located close to existing underground infrastructure, offering the potential for faster development at a lower cost. He believes this area holds significant growth potential for the project.

As planned, Hemlo Mining will continue its drilling program in 2026, focusing on other underexplored areas within the property. The company believes South-Rim has the potential to become a key new block for expanding the project's resources.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com