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An update from Canary Gold Corp. ( (TSE:BRAZ) ) is now available.
Canary Gold Corp. has commenced a sonic drilling program at its Madeira River Project in Rondônia, Brazil, aiming to expand near-surface gold targets within the Mocururu unit. This initiative is part of a broader plan to test the full 80-kilometer strike length of the project, with the goal of understanding the distribution of gold and associated minerals. The company is also encouraging the exercise of outstanding warrants to fund this expanded exploration effort, which is expected to enhance the company’s district-scale exploration framework and potentially unlock significant mineralization potential.
More about Canary Gold Corp.
Canary Gold Corp. is a mineral exploration company focused on acquiring and exploring gold mineral properties, particularly in Rondônia, Brazil. The company has an option to acquire up to a 70% interest in the Rio Madeira Project, which spans 68,445 hectares of prospective geology.
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See more data about BRAZ stock on TipRanks’ Stock Analysis page.