Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
CGN Resources Ltd. ( (AU:CGR) ) has shared an update.
CGN Resources Ltd has made significant advancements in its Western Australian projects, securing new gold tenure at the Panhandle Project and expanding its landholdings near the Christmas Well Project. The company has also negotiated a land access agreement with the Darlot Traditional Owner group, enabling further exploration. Additionally, a geological review at the Broadhurst Project has identified multiple base metal targets. The company maintains a strong cash position of $3.4 million, supporting ongoing exploration and development efforts. These strategic moves enhance CGNR’s potential for new discoveries and strengthen its position in the gold-rich Leonora district.
More about CGN Resources Ltd.
CGN Resources Ltd is a company focused on project development within the mining industry, particularly in Western Australia. Its primary activities include exploration and development of gold and base metal projects, with a market focus on expanding its landholdings and identifying new mineral targets.
Average Trading Volume: 346,201
Technical Sentiment Signal: Hold
Current Market Cap: A$9.47M
Find detailed analytics on CGR stock on TipRanks’ Stock Analysis page.