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Damara Gold ( (TSE:BRON) ) has provided an announcement.
Bronco Resources Corp. has expanded its Placer Mountain property in Southern BC by an additional 2,582 hectares, now totaling 17,036 hectares. A recent forest fire has cleared significant portions of the property, including the Quartz Corridor, which is considered highly prospective. The company is actively prospecting and sampling the newly accessible areas, with plans for an aggressive drilling program following the completion of these activities. The fire, while a setback, has opened new opportunities for exploration, particularly in areas previously inaccessible due to vegetation. This development could potentially enhance Bronco’s operations and strengthen its position in the gold exploration market.
More about Damara Gold
Bronco Resources Corp. is a Canadian public company listed on the TSX Venture Exchange. The company specializes in the mineral exploration industry, focusing on identifying, acquiring, and advancing prospective and under-explored gold properties worldwide. The Board of Directors is experienced in international mineral exploration.
Average Trading Volume: 142,523
Technical Sentiment Signal: Buy
Current Market Cap: C$2.36M
See more data about BRON stock on TipRanks’ Stock Analysis page.