Barrick Gold (TSE:ABX) has released an update.
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Barrick Gold has significantly increased its mineral resource estimates for the Fourmile project in Nevada, showcasing major growth and potential. The updated estimates, driven by new drilling, indicate a 192% rise in indicated resources and a 137% increase in inferred resources. This highlights Barrick’s strategic focus on organic growth and exploration, distinguishing it from industry trends of high-premium mergers.
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