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Highway 50 Gold ( (TSE:HWY) ) has shared an update.
Highway 50 Gold Corp. has expanded its land holdings at the Quito North project in Nevada by staking an additional 93 claims, doubling its existing tenure. This expansion aims to cover areas with known gold mineralization, enhancing the company’s exploration potential. At the Gold Knob project, the company has completed biogeochemical sampling and plans further drilling to connect mineralized zones, indicating a strategic push to uncover significant gold resources. These efforts reflect Highway 50 Gold’s commitment to advancing its exploration activities in a region with geological similarities to the renowned Cortez Mining District, potentially strengthening its position in the gold exploration industry.
More about Highway 50 Gold
Highway 50 Gold Corp. is a mineral exploration stage company led by a team of experienced explorers and mine finders, focusing on projects in Nevada. The company is executing an exploration plan based on breakthroughs in understanding the crustal architecture of north-central Nevada.
Average Trading Volume: 10,479
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$21.13M
See more insights into HWY stock on TipRanks’ Stock Analysis page.