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Canary Gold Corp. ( (TSE:BRAZ) ) has issued an announcement.
Canary Gold Corp. has signed a significant drilling contract with Geosol and Geosedna, subsidiaries of Geopar, to initiate a 20,000-meter drilling program at its Madeira River Project in Rondônia, Brazil. This dual-focused program, comprising screw-auger and Reverse Circulation–Aircore drilling, aims to explore the Mocururu trend’s gold-bearing potential. The initiative marks a major step in Canary’s exploration efforts, building on previous positive geological findings and supporting the company’s strategic focus on expanding its gold resource base.
More about Canary Gold Corp.
Canary Gold Corp. operates in the mining industry, focusing on gold exploration and development. The company is engaged in projects in Brazil, particularly the Madeira River Project in Rondônia, where it aims to explore and define gold resources along the Mocururu trend.
Average Trading Volume: 199,194
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$13.88M
See more data about BRAZ stock on TipRanks’ Stock Analysis page.