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The latest update is out from Adyton Resources Corporation ( (TSE:ADY) ).
Adyton Resources Corporation has commenced a significant drilling program at its 100% owned Feni Island Gold-Copper Project in Papua New Guinea. The initiative involves two core drilling rigs operating continuously to expand the Mineral Resource Estimate (MRE) to over 2.5 million ounces of gold, with a long-term target of 5 million ounces. This program is expected to enhance Adyton’s exploration potential, given the geological similarities to the prolific Lihir Island, and could significantly impact the company’s resource base and industry positioning.
More about Adyton Resources Corporation
Adyton Resources Corporation is a company operating in the mining industry, focusing on the exploration and development of gold and copper resources. The company is particularly active in Papua New Guinea, where it owns projects such as the Feni Island Gold-Copper Project.
YTD Price Performance: 3.12%
Average Trading Volume: 157,855
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$41.59M
Find detailed analytics on ADY stock on TipRanks’ Stock Analysis page.