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Gold Road Resources Ltd ( (AU:GOR) ) has issued an update.
Iceni Gold Limited, a company focused on gold exploration, has announced significant results from its aircore drilling campaign at the Guyer Trend within the 14 Mile Well Gold Project. The campaign revealed substantial gold mineralization along an 11.5 km stretch, with new anomalies identified that could potentially lead to a significant primary gold system. These findings are part of a $35 million farm-in agreement with Gold Road Resources Limited, which aims to further explore and develop the site, indicating a promising future for Iceni’s operations and stakeholders.
The most recent analyst rating on (AU:GOR) stock is a Buy with a A$1.90 price target. To see the full list of analyst forecasts on Gold Road Resources Ltd stock, see the AU:GOR Stock Forecast page.
More about Gold Road Resources Ltd
Average Trading Volume: 9,366,305
Technical Sentiment Signal: Buy
Current Market Cap: A$3.48B
For an in-depth examination of GOR stock, go to TipRanks’ Overview page.