tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Adelong Gold Achieves First Gold Pour at Challenger Mine

Story Highlights
Adelong Gold Achieves First Gold Pour at Challenger Mine

Elevate Your Investing Strategy:

3D Resources Limited ( (AU:ADG) ) just unveiled an update.

Adelong Gold Limited has successfully completed its first gold pour at the Challenger Gold Mine, marking a significant transition from exploration to production. This milestone, achieved through a joint venture with Great Divide Mining Limited, highlights the effectiveness of their partnership model and positions the Challenger Mine as a key near-term cash generator. The company plans to focus on further exploration at the Lauriston Gold Project, which is adjacent to the high-grade Fosterville Mine, indicating potential for significant resource growth.

More about 3D Resources Limited

Adelong Gold Limited is a company operating in the gold mining industry, primarily focused on transitioning from exploration to production. Their key operations include the Challenger Gold Mine in southern New South Wales and the Lauriston Gold Project in central Victoria, with a market focus on efficient and environmentally sensitive gold recovery processes.

Current Market Cap: A$12.37M

For an in-depth examination of ADG stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1