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Satori Resources ( (TSE:CGC) ) has shared an update.
Canadian Gold Corp., a mining company, is reporting promising results from its Phase 4 drill program at the Tartan Mine in Manitoba. The results, particularly from the Main Zone’s Western Flank, indicate significant gold mineralization, supporting plans for a potential mine restart. The company is also being acquired by McEwen Inc., with the transaction expected to close in early 2026. The drilling program aims to increase gold production and reduce costs, with significant findings in both the Main and South Zones. Additionally, exploration at the Tartan West property has confirmed high-grade gold at the surface, presenting further growth opportunities.
More about Satori Resources
Average Trading Volume: 611,318
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$117.9M
For an in-depth examination of CGC stock, go to TipRanks’ Overview page.