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Sinclair Gold Says Drilling Extends Down-Dip Gold Mineralization at Western Australia Deposits; Shares Fall 5%

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Sinclair Gold (ASX:SGC) said drilling extended down-dip gold mineralization at the Mt Henry and Selene deposits at the Mt Henry gold project in Western Australia, according to a Wednesday Australian bourse filing.

It encountered intercepts of 33.2 meters at 1.6 grams per tonne (g/t) grade of gold from 230.7 meters at Selene and 17 meters at 1.5 g/t grade of gold from 180 meters at Mt Henry, per the filing.

Sinclair Gold's shares fell nearly 5% in recent trading on Wednesday.

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