CGN Resources Ltd. (AU:CGR) has released an update.
CGN Resources Ltd. has been awarded a $200k grant by the WA Government’s Exploration Incentive Scheme to fund drilling programs at its promising Webb Project. The targets being drilled include nickel and rare earth element prospects, with the company’s Managing Director highlighting the grant’s significance in enabling aggressive exploration and potential new discoveries. CGN Resources is optimistic that these efforts will add substantial value for its shareholders and contribute to the resource wealth of Western Australia.
For further insights into AU:CGR stock, check out TipRanks’ Stock Analysis page.
