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3D Resources Limited ( (AU:ADG) ) has issued an announcement.
Adelong Gold Limited announced that its joint venture partner, Great Divide Mining, is set to commence commissioning at the Challenger Gold Mine, part of the Adelong Gold Project. This development marks a significant step towards achieving first gold production, following extensive site preparation and upgrades. The commissioning of the processing plant is expected to begin this month, with the first gold production being a key milestone that will trigger further equity for GDM under the venture agreement. This progress reflects the strong collaboration between Adelong Gold and GDM, as they transition from restarting operations to actual gold production.
More about 3D Resources Limited
Adelong Gold Limited operates in the mining industry, focusing primarily on gold production. The company is involved in the Adelong Gold Project in New South Wales, Australia, and collaborates with joint venture partners to advance its mining operations.
Current Market Cap: A$9.78M
For an in-depth examination of ADG stock, go to TipRanks’ Stock Analysis page.