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CGN Resources Ltd. ( (AU:CGR) ) just unveiled an update.
CGN Resources Ltd has announced significant progress in its exploration activities during the first quarter of 2025, focusing on the Webb Project and Leonora projects in Western Australia. The company has identified new drill targets with potential for IOCG, carbonatite, and orogenic gold, and has selected a drilling contractor to commence operations in late April. Additionally, CGN Resources is expanding its land position in the Leonora gold district and is working on compliance and stakeholder engagement to secure tenure. These efforts underscore the company’s commitment to advancing exploration initiatives and building shareholder value.
More about CGN Resources Ltd.
CGN Resources Ltd is an exploration-focused company operating primarily in the mining industry. The company is engaged in the exploration of mineral resources, with a focus on projects in Western Australia, including the Webb IOCG, Nb & Au project and the Christmas Well and Panhandle projects near Leonora.
YTD Price Performance: 51.67%
Average Trading Volume: 105,579
Technical Sentiment Signal: Buy
Current Market Cap: A$7.71M
For an in-depth examination of CGR stock, go to TipRanks’ Stock Analysis page.