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An announcement from 3D Resources Limited ( (AU:ADG) ) is now available.
Adelong Gold Limited has applied for an exploration license to expand its Apollo Gold Project in Victoria, Australia, by an additional 18km of Strathbogie Granite contact, increasing the project’s total area to approximately 220 km². This strategic move is aimed at securing potential high-grade gold mineralization sites ahead of upcoming drill results and exploration programs. The Apollo project is located in the Walhalla Gold Belt, known for high-grade discoveries, and shares geological similarities with successful projects like Southern Cross Gold’s Sunday Creek. Additionally, Adelong is planning a maiden drill program at the Lauriston Gold Project, which is positioned to potentially host high-grade mineralization similar to the nearby Fosterville Mine.
More about 3D Resources Limited
Adelong Gold Limited operates in the mining industry, focusing on gold exploration and development. The company is engaged in expanding its footprint within the highly prospective gold belts of Victoria, Australia, with projects like the Apollo Gold Project and Lauriston Gold Project.
Current Market Cap: A$9.27M
For detailed information about ADG stock, go to TipRanks’ Stock Analysis page.