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The latest update is out from Engineer Gold Mines ( (TSE:EAU) ).
Engineer Gold Mines Ltd. announced plans to commence exploration activities at its Engineer Gold Project in British Columbia, having secured a permit for surface exploration. The program will include surface drill pads, trenching, trail construction, and the establishment of a facility for a pilot mill, aiming to enhance access to and processing of gold resources. This initiative is expected to leverage the project’s historical high-grade gold production and potentially unlock new opportunities, reinforcing the company’s commitment to responsible resource development.
More about Engineer Gold Mines
Engineer Gold Mines Ltd. operates in the mining industry, focusing on the exploration and development of gold resources. The company’s primary project is the Engineer Gold Project, which spans 18,319 hectares and includes the Engineer Gold Mine, Tag Property, and Wann River. The project targets high-grade gold and silver resources, with a focus on epithermal-style systems and orogenic gold targets.
Average Trading Volume: 50,094
Technical Sentiment Signal: Buy
Current Market Cap: C$1.44M
See more insights into EAU stock on TipRanks’ Stock Analysis page.