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Big Ridge Gold Corp. Expands Stake and Advances Hope Brook Project
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Big Ridge Gold Corp. Expands Stake and Advances Hope Brook Project

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Big Ridge Gold ( (TSE:BRAU) ) just unveiled an announcement.

Big Ridge Gold Corp. has made significant advancements in its Hope Brook Gold Project, having increased its ownership to 80% through a renegotiated earn-in agreement and reduced project expenditures by approximately $6 million. The company completed several studies and field programs in 2024, setting the stage for further exploration and development in 2025, which will include releasing exploration results, finalizing drill targets, and updating on ore sorting and deportment studies.

More about Big Ridge Gold

Big Ridge Gold Corp. operates within the mining industry, focusing primarily on gold exploration and development. The company is actively working on projects such as the Hope Brook Gold Project in Newfoundland and Labrador and has recently expanded its interest in this advanced stage, high-grade gold project.

YTD Price Performance: -10.0%

Average Trading Volume: 140,171

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$20.67M

See more insights into BRAU stock on TipRanks’ Stock Analysis page.

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