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Cavalier Resources Limited ( (AU:CVR) ) has issued an announcement.
Cavalier Resources Limited has initiated a 5,000-meter extensional drilling program at its Crawford Gold Project, targeting areas beyond the initial Stage 1 starter pit. This strategic move aims to expand the mineral resource base and support future mine planning, potentially increasing the project’s value and operational longevity. The first gold pour is expected within three months, with the starter pit projected to generate significant revenue, emphasizing the importance of this drilling program for the company’s growth and stakeholder interests.
More about Cavalier Resources Limited
Cavalier Resources Limited operates in the mining industry, focusing on gold exploration and development. The company is engaged in expanding its mineral resources through projects like the Crawford Gold Project, aiming to enhance its market position in the gold sector.
Average Trading Volume: 47,511
Technical Sentiment Signal: Buy
For an in-depth examination of CVR stock, go to TipRanks’ Overview page.