ML Gold Corp. discovered a new zone over 21.3 meters grading 1.25 g/t gold at its Palmetto gold project in Nevada.
The company is drilling at the project to calculate a maiden gold resource, the company said June 1.
The new zone occurs beneath the previously reported interval of 27.4 meters grading 1.1 g/t gold, expanding the total mineralized interval to 68.6 meters grading 0.87 g/t gold.