Native Mineral Resources Holdings (ASX:NMR) said diamond drilling at its Blackjack operations in Queensland confirmed the grades intercepted in the previous reverse circulation drilling program, according to a Monday Australian bourse filing.
The company encountered intercepts of 5.5 meters at 14.2 grams per tonne (g/t) grade of gold from 21.6 meters, as well as 3.1 meters at 7.8 g/t grade of gold from 20.2 meters.
The company's shares rose 6% in recent trading on Monday.
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