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The latest update is out from Riversgold Ltd. ( (AU:RGL) ).
Riversgold Ltd. has completed grade control drilling at its Kalgoorlie Gold Project, which includes the Northern Zone and the newly acquired Gold Wing Project. The company has drilled 21 holes at Northern Zone and 8 at Gold Wing, with results expected in the coming weeks. The successful completion of initial drilling at Gold Wing, a previously undrilled site, marks a significant milestone. The company plans to continue its exploration efforts, aiming to establish a maiden Mineral Resource Estimate, with aspirations for the Northern Zone to potentially become a large-scale project similar to Saturn Metals’ Apollo Hill Project.
More about Riversgold Ltd.
Riversgold Ltd. is a company operating in the mining industry, focusing on gold exploration and development. Its primary projects are the Northern Zone and Gold Wing, part of the Kalgoorlie Gold Project located in Western Australia.
Technical Sentiment Signal: Sell
Current Market Cap: A$14.59M
See more data about RGL stock on TipRanks’ Stock Analysis page.