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ONGold Resources Strengthens Leadership and Advances Monument Bay Project

Story Highlights
  • ONGold appoints Paul Dunbar as VP of Exploration to enhance gold resource evaluations.
  • Monument Bay project reactivation aims to expand geological understanding and resources.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

An announcement from Ongold Resources Ltd ( (TSE:ONAU) ) is now available.

ONGold Resources Ltd. has appointed Paul Dunbar as Vice-President of Exploration, bringing his extensive experience in geology and gold resource evaluations to the company. Dunbar will lead the reactivation of exploration at the Monument Bay gold project, focusing on expanding geological understanding and evaluating high-priority targets. The company is also re-examining the existing Monument Bay gold resource with the help of Wally Dzick, an experienced resource geologist, to identify resource expansion opportunities. These strategic moves aim to enhance ONGold’s operational capabilities and strengthen its position in the gold mining sector.

More about Ongold Resources Ltd

ONGold Resources Ltd. operates in the mining industry, focusing primarily on gold exploration and development projects. The company is involved in evaluating and advancing exploration projects across various geological deposit types, including Archean greenstone gold deposits and copper-gold porphyry projects, with operations in Canada and internationally.

YTD Price Performance: -25.33%

Average Trading Volume: 9,567

Technical Sentiment Signal: Hold

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

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