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Riversgold Expands Kalgoorlie Gold Project with New Acquisition

Story Highlights
  • Riversgold Ltd. is expanding its Kalgoorlie Gold Project by acquiring a new tenement.
  • The acquisition increases the project size by 170%, enhancing future gold production plans.
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Riversgold Expands Kalgoorlie Gold Project with New Acquisition

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The latest announcement is out from Riversgold Ltd. ( (AU:RGL) ).

Riversgold Ltd. has announced the acquisition of a new tenement, P25/2540, which expands its Northern Zone Kalgoorlie Gold Project by 170%. This strategic move, along with an application for an additional tenement, is part of the company’s broader plan to enhance its gold production capabilities and strengthen its position in the region.

More about Riversgold Ltd.

Riversgold Ltd. operates in the mining industry, focusing on gold exploration and development. The company is engaged in expanding its gold project areas, particularly in the Kalgoorlie region of Western Australia.

Technical Sentiment Signal: Sell

Current Market Cap: A$13.47M

Find detailed analytics on RGL stock on TipRanks’ Stock Analysis page.

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