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Peregrine Gold Initiates New Drilling Phase at Newman Project

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Peregrine Gold Initiates New Drilling Phase at Newman Project

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Peregrine Gold Ltd. ( (AU:PGD) ) has shared an update.

Peregrine Gold Limited has commenced a 2,500-meter aircore drilling program at its Tin Can Prospect, part of the Newman Gold & Iron Ore Project, to explore higher-grade gold zones identified in previous campaigns. This initiative aims to expand the gold footprint and prepare for further drilling, potentially enhancing the company’s resource base and market positioning. Following this, a 1,000-meter drilling program will be conducted at the Epithermal Prospect to refine the understanding of gold anomalies, which could have implications for future exploration and development strategies.

More about Peregrine Gold Ltd.

Peregrine Gold Limited operates in the mining industry, focusing on the exploration and development of gold and iron ore projects. The company is primarily engaged in the discovery and expansion of gold resources within its Newman Gold & Iron Ore Project.

Average Trading Volume: 319,467

Technical Sentiment Signal: Buy

For detailed information about PGD stock, go to TipRanks’ Stock Analysis page.

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