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Makenita Resources Completes Successful Maiden Drill Program at Hector Silver Project

Story Highlights
  • Makenita Resources has completed its maiden drill program in Ontario, intersecting sulphide mineralization.
  • The Hector Project could enhance Makenita’s market position with potential positive assay results amid high silver prices.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Makenita Resources Completes Successful Maiden Drill Program at Hector Silver Project

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Makenita Resources, Inc. ( (TSE:KENY) ) has provided an announcement.

Makenita Resources Inc. has successfully completed its maiden drill program at the Hector Silver Project in Ontario, intersecting sulphide mineralization in all three holes drilled. The project, situated in a renowned silver district, aims to expand historically reported silver zones, potentially enhancing the company’s asset base and shareholder value, especially with silver prices at a 13-year high. Assay results from the drilling are anticipated within 4-8 weeks, which could significantly impact Makenita’s market position given its current small market capitalization.

More about Makenita Resources, Inc.

Makenita Resources Inc. operates in the mining industry, focusing on exploration and development of mineral properties. The company is engaged in the extraction of silver and other minerals, with a strategic focus on projects located in historically rich mining districts, such as the Larder Lake Mining Division in Ontario, Canada.

Average Trading Volume: 107,360

For a thorough assessment of KENY stock, go to TipRanks’ Stock Analysis page.

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