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Strata Minerals (ASX:SMX) has unveiled its geotechs have their eyes on four new large-scale gold drill targets at Penny South. Covering a length of 2.5km, the new targets sit nearby the “exceptionally high grade” Penny West and Penny North gold deposits which are currently the remit of Ramelius Resources (ASX:RMS). “There has been no drilling testing deeper than ~70 m undertaken within the initial ~ 300m south of the adjoining Ramelius tenement,” company chief Peter Woods said. “This is remarkable given th is tenement boundary is only ~ 500m directly south of the operating high – grade Penny G…

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