African Gold Ltd. ( (AU:A1G) ) has shared an update.
African Gold Ltd. announced promising initial results from its 10,000-meter drilling program at the Blaffo Guetto site, with significant high-grade gold intercepts. These results have further extended the high-grade mineralization along strike and down dip, supporting the company’s goals of significantly increasing its maiden resource. The success of the initial phase has prompted the mobilization of a second rig, indicating strong potential for resource expansion and positive implications for stakeholders.
More about African Gold Ltd.
African Gold Ltd. is a mining company focused on gold exploration in Africa. The company operates with a market focus on expanding its high-grade mineral resources, particularly in the Didievi Project, which hosts a maiden inferred resource of 452,000 ounces of gold.
YTD Price Performance: 23.33%
Average Trading Volume: 17,637
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €18.03M
For detailed information about A1G stock, go to TipRanks’ Stock Analysis page.