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3D Resources Limited ( (AU:ADG) ) has provided an update.
Adelong Gold Limited has bolstered its cash reserves by selling 25 million shares in Sarama Resources for $750,000, enhancing its financial position to accelerate exploration at its Apollo and Lauriston projects in Victoria. These projects, located in proven gold corridors, offer significant near-term discovery potential, with recent drilling and sampling results highlighting their high-grade gold and multi-commodity prospects.
More about 3D Resources Limited
Adelong Gold Limited (ASX:ADG) is an Australian mineral exploration company focused on advancing its gold production capabilities at the Adelong Goldfield Project in New South Wales and exploring high-grade opportunities at the Apollo and Lauriston Gold Projects in Victoria. The company also holds a lithium portfolio in Brazil, providing exposure to the global energy transition.
Current Market Cap: A$11.24M
See more insights into ADG stock on TipRanks’ Stock Analysis page.