Shares in Windward Resources Limited
(ASX:WIN) spiked more than 40 per cent yesterday after providing an update on its Fraser Range North project in Western Australia.
The exploration company reports a recent ground EM survey has identified a highly conductive body at the Western Margin prospect.
The prospect is located 4 kilometres south-east of Sirius Resources NL’s
(ASX:SIR) Nova Bollinger deposit.
Windward says the conductor has the highest conductivity of any conductor identified by the company and plans to initiate drilling as soon as possible.
